Medarrive Announces $25 Million In Series A Funding To Bridge The Virtual Care Gap
Amount Raised
$25 Million
Round Type
Series A
New YorkHealthcareDescription
MedArrive, a healthcare platform that enables payers and providers to seamlessly extend medical services into the home, today announced $25 million in Series A funding following a year of significant company growth. Since the company’s founding in December 2020, MedArrive has doubled the size of its team, expanded into new states and facilitated thousands of home visits. Section 32 led the round with participation from new investors, 7wireVentures and Leaps by Bayer, and existing investors Define Ventures, Kleiner Perkins, and Redesign Health. The new financing will advance MedArrive’s underlying technology platform and fuel expansion of its network to meet rising demand for affordable, in-home care.
Quick answer
MedArrive Inc. raised $25 Million in a Series A round, dated November 17, 2021. MedArrive Inc. is based in New York, New York, United States.
- How much did MedArrive Inc. raise?
- MedArrive Inc. raised $25 Million in a Series A round on November 17, 2021.
- What does MedArrive Inc. do?
- Through these partnerships, the company is currently conducting home visits across California, Florida, New Jersey, North Carolina, and Texas.
- Where is MedArrive Inc. based and how big is it?
- MedArrive Inc. is based in New York, New York, United States.
- Who are the decision-makers at MedArrive Inc?
- Fundz holds 1 contact at MedArrive Inc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Healthcare around the same time
Companies in the same sectors as MedArrive Inc. that raised within 45 days of this round, from Fundz verified event records.
- InterRad Medical, Inc. raised $50K (Seed) on December 30, 2021.
- CROSS COUNTRY HEALTHCARE raised $1.5M on December 30, 2021.
- Nia Therapeutics raised $2M (Seed) on December 30, 2021.
- Arbutus raised $15M on December 30, 2021.
- Can-Fite BioPharma Ltd. raised $10M on December 30, 2021.
- Hand In Hand Health, Inc. raised $7.1M on December 30, 2021.
Who to call at MedArrive Inc., and when
A new round usually means MedArrive Inc. is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day MedArrive Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at MedArrive Inc., from your own LinkedIn network
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Funding Insights
What this usually meansMedArrive Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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