MedArrive Inc.

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MedArrive Inc. - overview

Established

2020

Location

New York, NY, US

Primary Industry

Healthcare

About

MedArrive Inc. is a U. S. -based company specializing in innovative Care Orchestration Software to enhance in-home healthcare delivery and streamline workflows for healthcare providers.


Founded in 2020 and headquartered in New York, US, MedArrive Inc. focuses on delivering software solutions aimed at improving patient care in home settings. The company's founders, Dan Trigub and Inna Plumb, have experience in healthcare technology and innovation. MedArrive raised USD 8.


00 mn in a funding round led by Cobalt Ventures on March 31, 2023, which contributed to the total amount raised of USD 8. 00 mn through five deals. MedArrive specializes in Care Orchestration Software designed to enhance in-home healthcare delivery. The platform supports various care models that incorporate in-person, virtual, and digital interactions, aiming to deliver personalized patient care directly to individuals in their homes.


By leveraging intelligent automation, MedArrive streamlines administrative and operational workflows, enabling interdisciplinary healthcare teams to maintain focus on patient engagement and care outcomes. The software is particularly beneficial for in-home care providers, allowing them to optimize staffing, maintain comprehensive resource profiles, and maximize provider utilization. MedArrive's solutions cater primarily to the U. S.


market, targeting healthcare organizations and providers who are transitioning towards value-based care models that prioritize quality and efficiency. MedArrive generates revenue through a subscription-based model that allows healthcare organizations to access its Care Orchestration Software. Transactions typically occur as B2B partnerships, where clients pay for licensing based on their usage and the scope of services tailored to their operations. Clients benefit from the platform’s features, which enhance patient outreach, clinical care planning, and operational efficiency.


Specific pricing structures are aligned with the client's size and the complexity of the services utilized, reflecting the value delivered through improved patient outcomes and resource management. By focusing on partnerships with forward-thinking in-home care providers, MedArrive establishes strategic relationships that facilitate growth and innovation within the healthcare sector. In April 2023, MedArrive Inc. raised USD 8.


00 mn in venture funding led by Cobalt Ventures, as part of a larger USD 10. 00 mn equity funding round. The company plans to utilize this funding to expand business relationships with health plans and scale further into new markets. Specific geographic regions targeted for expansion are yet to be detailed, but the company is committed to enhancing its team and capabilities to support its growth strategy.


Current Investors

Kleiner Perkins, Define Ventures, 7wireVentures

Primary Industry

Healthcare

Sub Industries

Home Healthcare, Nursing Homes & Assisted Living, Healthcare IT, Medical Software

Website

www.medarrive.com

Verticals

HealthTech

Company Stage

Series A

Total Amount Raised

Subscriber access only

MedArrive Inc. - employee data

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