About ModivCare
ModivCare is a company based in Denver (United States) founded in 1986.. The company has 23,680 employees as of December 31, 2024. ModivCare has completed 4 acquisitions, including CareFinders, Guardian Medical Monitoring and VRI. ModivCare offers products and services including Non-Emergency Medical Transportation, Personal Care, Virtual and Remote Monitoring, Consumer Health Engagement, and Integrated Supportive Care. ModivCare operates in a competitive market with competitors including sennder, Jungheinrich, TruKKer, Stellar Value Chain and Buyandship, among others.
- Headquarter Denver, United States
- Employees 23680 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Modivcare Inc.
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Annual Revenue
$2.79 B1.32as on Dec 31, 2024
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Net Profit
$-201.28 M1.56as on Dec 31, 2024
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EBITDA
$133.42 M-13.77as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
23680
as on Dec 31, 2024
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Investments & Acquisitions
CareFinders
& 3 more
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IPO & Listings of ModivCare
ModivCare is a publicly listed company on the OTC with ticker symbol MODVQ in USA, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of ModivCare
ModivCare offers a comprehensive portfolio of products and services, including Non-Emergency Medical Transportation, Personal Care, Virtual and Remote Monitoring, Consumer Health Engagement, and Integrated Supportive Care. 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.
Facilitates safe transport for medical appointments and needs.
Offers assistance with daily living activities for health support.
Provides remote tools for tracking and managing patient health conditions.
Supports member interaction for better health management and outcomes.
Combines services to address overall health and social needs.
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Software Development Team
38 people
Finance and Accounting
17 people
Leadership Team
16 people
Operations Team
11 people
Human Resources and Administration
8 people
Legal and Compliance
5 people
Senior Team
4 people
Product Management Team
3 people
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Funding Insights of ModivCare
- Total Funding Total Funding
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Total Rounds
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- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
Investments & Acquisitions by ModivCare
ModivCare has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CareFinders, Guardian Medical Monitoring and VRI. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Dispatch solutions for NEMT operators are provided via specialized software.
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2011 | ||||
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Home nursing care services are provided in residential settings.
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1995 | ||||
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Vitals monitoring, medication adherence, and medical alert services are provided.
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1989 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ModivCare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Modivcare Comparisons
Competitors of ModivCare
ModivCare 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 sennder, Jungheinrich, TruKKer, Stellar Value Chain and Buyandship, 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 |
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| domain | founded_year | HQ Location |
Tech-enabled platform matches shippers and carriers for trucking loads.
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| domain | founded_year | HQ Location |
Industrial equipment such as forklifts and automated vehicles is manufactured.
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| domain | founded_year | HQ Location |
Trucking services are booked via an online marketplace platform.
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| domain | founded_year | HQ Location |
Provider of warehousing, cold & supply chain management, and LTL transportation services
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| domain | founded_year | HQ Location |
Ship-based transportation and delivery services are provided globally.
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| domain | founded_year | HQ Location |
Tech-enabled freight forwarding services are facilitated for logistics needs.
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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 Modivcare
Frequently Asked Questions about ModivCare
When was ModivCare founded?
ModivCare was founded in 1986.
Where is ModivCare located?
ModivCare is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Who is the current CEO of ModivCare?
L Heath Sampson is the current CEO of ModivCare.
How many employees does ModivCare have?
As of Dec 31, 2024, the latest employee count at ModivCare is 23,680.
What is the annual revenue of ModivCare?
Annual revenue of ModivCare is $2.79B as on Dec 31, 2024.
What does ModivCare do?
ModivCare was founded in 1986 and is headquartered in Denver, United States. Operations are focused on the logistics and transportation sector, where non-emergency medical transportation and related support services are delivered. Coverage extends across various regions in the U.S., serving healthcare providers, patients, and government programs. Management is led by CEO L. Heath Sampson, with emphasis placed on efficient supply chain solutions for specialized needs.
Who are the top competitors of ModivCare?
ModivCare's top competitors include sennder, Jungheinrich and Nuvocargo.
What products or services does ModivCare offer?
ModivCare offers Non-Emergency Medical Transportation, Personal Care, Virtual and Remote Monitoring, Consumer Health Engagement, and Integrated Supportive Care.
Is ModivCare publicly traded?
Yes, ModivCare is publicly traded on OTC under the ticker symbol MODVQ.
How many acquisitions has ModivCare made?
ModivCare has made 4 acquisitions, including CareFinders, Guardian Medical Monitoring, and VRI.
What is ModivCare's ticker symbol?
The ticker symbol of ModivCare is MODVQ on OTC.
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