What is Trace Ambulance?
Founded in 1996, Trace Ambulance has evolved from a modest operation in Mokena, Illinois, into a robust enterprise-level provider of emergency and non-emergency medical transportation. Headquartered in Tinley Park, the organization manages a fleet of thirty-two ambulances, offering a comprehensive suite of services including Basic Life Support (BLS), Advanced Life Support (ALS), and Critical Care transportation. As a contracted 911 provider, Trace Ambulance serves as a vital link between hospitals, skilled nursing facilities, and dialysis centers, maintaining a reputation for operational excellence and rapid response times in a highly regulated industry.
How much funding has Trace Ambulance raised?
Trace Ambulance has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$795K
Debt (2020): $350K with participation from PPP
Debt (2021): $795K led by PPP
Key Investors in Trace Ambulance
PPP
Public-Private Partnership
What's next for Trace Ambulance?
With the recent influx of capital, Trace Ambulance is well-positioned to optimize its logistical framework and expand its service footprint. The company's strategic focus will likely involve upgrading its fleet technology and enhancing its critical care capabilities to maintain its competitive edge in the medical transportation market. By prioritizing operational efficiency and service reliability, Trace Ambulance aims to further integrate its offerings with regional healthcare networks, ensuring sustained growth and long-term viability in the face of increasing demand for high-acuity patient transport services.
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