How Much Did Multi-Care Raise?
Funding & Key Investors

Multi-Care, a prominent player in medical transportation and translation services, has secured significant capital, with its total funding reaching $309K following a recent strategic investment of $159K. This latest financing round underscores the company's established presence and its ongoing expansion within the healthcare logistics sector.

What is Multi-Care?

Multi-Care
TransportationRail, Bus & TaxiBusiness Services

Founded in 1983, Multi-Care Inc. has evolved into a comprehensive nationwide provider of specialized medical transportation and translation services. The company's offerings encompass medical car services, wheelchair van transport, and ambulance services, catering to a broad client base that includes over 20 major insurers and third-party administrators (TPAs). Multi-Care distinguishes itself through a steadfast commitment to exceptional customer service and active community engagement, supporting various charitable initiatives. This dedication aims to consistently surpass client expectations in both transportation and interpretation needs.

How much funding has Multi-Care raised?

Multi-Care has raised a total of $309K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$159K

Debt (2020): $150K with participation from PPP

Debt (2021): $159K led by PPP

What's next for Multi-Care?

The substantial capital infusion, highlighted by the $309K in total funding and the recent $159K strategic investment, positions Multi-Care for continued growth and service enhancement. As a company in a large-scale, late-stage funding phase, Multi-Care is likely to focus on expanding its operational footprint, potentially acquiring complementary businesses, and further integrating advanced technologies to optimize its service delivery. This strategic backing will enable Multi-Care to solidify its market leadership and address the increasing demand for reliable medical logistics and communication solutions.

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Frequently Asked Questions Regarding Multi-Care Financial Insights

What are the most recent funding rounds that Multi-Care has completed, and what were the funding rounds?
Multi-Care has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Multi-Care has raised to date?
Multi-Care has raised a total of $309K in funding to date.
How many funding rounds has Multi-Care completed?
Multi-Care has completed 2 funding rounds.
How much funding did Multi-Care raise in its most recent funding round?
Multi-Care raised $159K in its most recent funding round.
Who are the lead investors in Multi-Care's latest funding round?
The lead investor in Multi-Care's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Multi-Care's history?
The largest funding round in Multi-Care's history was $159K.
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