About MedTrust
MedTrust is a company based in Charleston (United States) founded in 2012 by Josh Watts.. MedTrust has raised $3.85 million across 2 funding rounds. The company has 278 employees as of December 31, 2020. MedTrust offers products and services including Specialty Care Transport, Advanced Life Support, Basic Life Support, and Event Services. MedTrust operates in a competitive market with competitors including Garuda Indonesia, Priority Ambulance, Ambuiberica, Action Ambulance Service and Eight Medical, among others.
- Headquarter Charleston, United States
- Employees 278 as on 31 Dec, 2020
- Founders Josh Watts
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Sectors
Healthcare
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Phone
*********
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Website
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Social
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- Legal Name Medtrust Holdings, 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
$3.85 M (USD)
in 2 rounds
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Latest Funding Round
$963 K (USD), Series A
Jul 12, 2019
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Investors
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Employee Count
278
as on Dec 31, 2020
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Products & Services of MedTrust
MedTrust offers a comprehensive portfolio of products and services, including Specialty Care Transport, Advanced Life Support, Basic Life Support, and Event Services. 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.
Offers advanced medical transport for critical patients.
Provides high-level emergency response and transport services.
Delivers essential medical transport for non-critical needs.
Handles medical support for events and evacuations.
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Funding Insights of MedTrust
MedTrust has successfully raised a total of $3.85M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $963 thousand completed in July 2019. 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 2
- Last Round Series A — $963,000
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First Round
First Round
(24 Aug 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Series A - MedTrust | Valuation |
investors |
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| Aug, 2018 | Amount | Series A - MedTrust | Valuation |
investors |
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| 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 |
Investments & Acquisitions by MedTrust
| 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 - MedTrust
| 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 |
Medtrust Comparisons
Competitors of MedTrust
MedTrust 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 Garuda Indonesia, Priority Ambulance, Ambuiberica, Action Ambulance Service and Eight Medical, 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 |
Passenger flights are operated domestically and internationally from Indonesia.
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| domain | founded_year | HQ Location |
Non emergenecy transport and life support services
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| domain | founded_year | HQ Location |
Provider of road ambulance services
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| domain | founded_year | HQ Location |
Road ambulance services are provided throughout the region.
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| domain | founded_year | HQ Location |
Emergency medical transportation services are provided in Lagos, Nigeria.
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| domain | founded_year | HQ Location |
Medical transportation solutions are provided for patients in France.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Medtrust
Frequently Asked Questions about MedTrust
When was MedTrust founded?
MedTrust was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is MedTrust located?
MedTrust is headquartered in Charleston, United States. It is registered at Charleston, South Carolina, United States.
Who is the current CEO of MedTrust?
Josh Watts is the current CEO of MedTrust. They have also founded this company.
Is MedTrust a funded company?
MedTrust is a funded company, having raised a total of $3.85M across 2 funding rounds to date. The company's 1st funding round was a Series A of $2.89M, raised on Aug 24, 2018.
How many employees does MedTrust have?
As of Dec 31, 2020, the latest employee count at MedTrust is 278.
What does MedTrust do?
MedTrust was founded in 2012 and is headquartered in Charleston, United States. Operations focus on the healthcare sector, with ambulance services and medical transport delivered to patients requiring emergency or non-emergency care. The company is led by Co-Founder and CEO Josh Watts. Services are managed through the domain ridemedtrust.com, supporting regional medical needs in the United States.
Who are the top competitors of MedTrust?
MedTrust's top competitors include Priority Ambulance, Garuda Indonesia and Ambuiberica.
What products or services does MedTrust offer?
MedTrust offers Specialty Care Transport, Advanced Life Support, Basic Life Support, and Event Services.