About MedArrive
MedArrive is a company based in Irving (United States) founded in 2020 by Dan Trigub.. MedArrive has raised $70.34 million across 5 funding rounds from investors including Bayer, Kleiner Perkins and Cobalt Ventures. MedArrive offers products and services including ClinOps Platform, Scheduling and Routing Optimization, and Resource and Shift Management. MedArrive operates in a competitive market with competitors including Netsmart Technologies, Isla Health, Heim Health, Advenias Care and Carefox, among others.
- Headquarter Irving, United States
- Founders Dan Trigub
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Medarrive, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$70.34 M (USD)
in 5 rounds
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Latest Funding Round
$8 M (USD), Series B
Apr 11, 2023
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Investors
Bayer
& 7 more
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Employee Count
Employee Count
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Products & Services of MedArrive
MedArrive offers a comprehensive portfolio of products and services, including ClinOps Platform, Scheduling and Routing Optimization, and Resource and Shift Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Orchestrates in-home healthcare operations for efficiency and outcomes.
Manages provider schedules and routes to enhance patient care delivery.
Handles resource allocation for optimal healthcare team utilization.
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Funding Insights of MedArrive
MedArrive has successfully raised a total of $70.34M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $8.0M
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First Round
First Round
(09 Dec 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series B - MedArrive | Valuation | Cobalt Ventures |
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| Feb, 2022 | Amount | Series B - MedArrive | Valuation |
investors |
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| Nov, 2021 | Amount | Series A - MedArrive | Valuation | 7wire Ventures , Bayer |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MedArrive
MedArrive has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Bayer, Kleiner Perkins and Cobalt Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on buyouts and equity investments in the healthcare sector
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Founded Year | Domain | Location | |
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Tech focused early stage VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MedArrive
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MedArrive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medarrive Comparisons
Competitors of MedArrive
MedArrive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Netsmart Technologies, Isla Health, Heim Health, Advenias Care and Carefox, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Suite solutions for healthcare payers and providers are offered.
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| domain | founded_year | HQ Location |
Supports remote monitoring of clinical pathways.
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| domain | founded_year | HQ Location |
Platform offering in person clinical care to patients homes
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| domain | founded_year | HQ Location |
Cloud-based care management services are delivered to healthcare facilities.
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| domain | founded_year | HQ Location |
Business management platform for home care operations is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Medarrive
Frequently Asked Questions about MedArrive
When was MedArrive founded?
MedArrive was founded in 2020.
Where is MedArrive located?
MedArrive is headquartered in Irving, United States. It is registered at Irving, Texas, United States.
Who is the current CEO of MedArrive?
Dan Trigub is the current CEO of MedArrive. They have also founded this company.
Is MedArrive a funded company?
MedArrive is a funded company, having raised a total of $70.34M across 5 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Dec 09, 2020.
What does MedArrive do?
MedArrive was founded in 2020 and is based in Irving, United States, within the healthcare technology sector. A platform is offered to in-home provider organizations to support growth and patient care. Care models are enabled that combine in-place, virtual, and digital interactions. Administrative workflows are automated intelligently, while operational efficiency is optimized through patient pipeline planning, labor capacity management, resource and shift scheduling, routing optimization, care coordination, and performance analytics.
Who are the top competitors of MedArrive?
MedArrive's top competitors include Netsmart Technologies, Heim Health and Advenias Care.
What products or services does MedArrive offer?
MedArrive offers ClinOps Platform, Scheduling and Routing Optimization, and Resource and Shift Management.
Who are MedArrive's investors?
MedArrive has 8 investors. Key investors include Bayer, Kleiner Perkins, Cobalt Ventures, 7wire Ventures, and Define Ventures.
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