About Wellryde
Wellryde is a company based in Atlanta (United States) founded in 2011 was acquired by ModivCare in May 2021.. The company has 41 employees as of December 31, 2019. Wellryde offers products and services including WellRyde, Non-Emergency Medical Transportation, Personal Care, and Virtual Monitoring. Wellryde operates in a competitive market with competitors including Teralytics, Swiftly, GoMetro, Tracsis and 365 Response, among others.
- Headquarter Atlanta, United States
- Employees 41 as on 31 Dec, 2019
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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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Products & Services of Wellryde
Wellryde offers a comprehensive portfolio of products and services, including WellRyde, Non-Emergency Medical Transportation, Personal Care, and Virtual Monitoring. 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.
Web-based tool for route optimization and trip management
Service for safe medical patient transport needs
Assistance for daily care and health monitoring
Platform for remote patient health tracking services
Funding Insights of Wellryde
| 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 |
Investors in Wellryde
Wellryde has secured backing from 1 investor. Prominent investors backing the company include ModivCare. 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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Logistics and transportation services are provided by ModivCare.
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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 Wellryde
| 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 - Wellryde
| 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 |
Wellryde Comparisons
Competitors of Wellryde
Wellryde 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 Teralytics, Swiftly, GoMetro, Tracsis and 365 Response, 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 |
AI-based analytics for human behavior insights are provided globally.
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| domain | founded_year | HQ Location |
Swiftly is recognized for providing public transportation software solutions.
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| domain | founded_year | HQ Location |
SaaS-based transit planning solutions are provided for public operators.
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| domain | founded_year | HQ Location |
Provider of software, hardware, data analytics, and transport services
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| domain | founded_year | HQ Location |
Cloud-enabled transportation management solutions for school and paratransit are provided.
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| domain | founded_year | HQ Location |
SaaS-enabled transit planning and multi-modal mobility solutions are offered.
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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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Frequently Asked Questions about Wellryde
When was Wellryde founded?
Wellryde was founded in 2011.
Where is Wellryde located?
Wellryde is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
How many employees does Wellryde have?
As of Dec 31, 2019, the latest employee count at Wellryde is 41.
What does Wellryde do?
Wellryde was founded in 2011 in Atlanta, United States, and focuses on the non-emergency medical transportation sector. Software solutions are offered to NEMT and paratransit operators, encompassing automated vehicle location tracking, route planning and optimization, consumer notification management, invoicing and billing processes, as well as trip planning capabilities. Operations are centered on enhancing dispatch efficiency for these services.
Who are the top competitors of Wellryde?
Wellryde's top competitors include Tracsis, Teralytics and GoMetro.
What products or services does Wellryde offer?
Wellryde offers WellRyde, Non-Emergency Medical Transportation, Personal Care, and Virtual Monitoring.
Who are Wellryde's investors?
Wellryde has 1 investor. Key investors include ModivCare.
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