What is MedArrive?
MedArrive operates at the intersection of virtual care and physical medical services, providing a comprehensive platform that allows healthcare providers and payers to extend their reach directly into the patient's home. By leveraging the expertise of EMS professionals, the company addresses the critical continuity-of-care gap that often plagues traditional telemedicine models. This hybrid approach not only enhances patient outcomes but also provides a scalable solution for managing complex health needs outside of clinical settings, positioning MedArrive as a transformative force in the modern healthcare ecosystem.
How much funding has MedArrive raised?
MedArrive has raised a total of $37.5M across 3 funding rounds:
Angel/Seed
$4.5M
Series A
$25M
Other Financing Round
$8M
Angel/Seed (2020): $4.5M with participation from Define Ventures Management and Kleiner Perkins
Series A (2021): $25M led by SCAN Health Plan, Define Ventures Management, Bayer, 7wireVentures, Section 32, Kleiner Perkins, and Redesign Health
Other Financing Round (2023): $8M supported by Cobalt Ventures
Key Investors in MedArrive
Kleiner Perkins
A prominent Menlo Park-based venture capital firm that invests in early and growth-stage technology and life science companies, providing operational support from seed through IPO.
Define Ventures Management
An early-stage venture capital firm specializing in the digital health sector, focused on backing innovative companies that modernize the healthcare experience.
7wireVentures
A venture firm that builds and invests in early-stage digital health companies, with a specific focus on creating informed and connected health consumers through AI and personalized coaching.
What's next for MedArrive?
With the latest capital injection, MedArrive is well-positioned to scale its operations and deepen its integration with major health systems and insurance payers. The strategic focus will likely center on expanding its geographic footprint and enhancing its technological infrastructure to support more complex care pathways. As the healthcare industry shifts toward value-based care models, MedArrive's ability to deliver high-quality, home-based medical services will be instrumental in driving efficiency and improving patient engagement across diverse populations.
See full MedArrive company page
