SafeRide, a Los Angeles area-based healthcare logistics provider, raised an undisclosed Series A equity financing round.
The round was led by Fresenius Medical Care Ventures, with additional contributions from Amplify.LA, Bonfire Ventures, FCA Venture Partners, and Meridian Street Capital.
The company intends to use the funds to accelerate software and logistics services offerings for health systems, health plans and payors, a $15Bn market opportunity.
Founded in 2016 and led by Robbins Schrader, CEO, SafeRide Health works with medically qualified transport operators and preferred partners, like Lyft, to increase access to care. Health plans across the country use its fully-integrated solution and services to manage every aspect of their transportation programs. SafeRide integrates all stakeholders onto one software platform to automate compliance, benefit management and pre-authorization. The system then leverages its proprietary technology to deliver on-demand and scheduled multi-modal transport for all members ranging from mass transit, to rideshare, to medically qualified transport.