Ride Health, a NYC-based provider of smarter transportation for every patient need, closed a $10m funding round.
The round was led by Topmark Partners with participation from Excelerate Health Ventures and debt financing from Bridge Bank, alongside participation from existing investors led by Activate Venture Partners and Newark Venture Partners.
The company intends to use the funds to continue investment in expanding its national transportation network, benefit management system, and platform APIs.
Led by Imran Cronk, CEO and Founder, Ride Health provides a web-based transportation solution that automates trip scheduling, ride communications, and benefit management across a national network of ride-hailing services, taxi companies, and NEMT providers. The company partners with health plans, healthcare providers, and life sciences organizations to manage transportation benefits and enterprise programs focused on improving clinical outcomes for populations facing transportation barriers.
The platform is built on integrations with the dispatch software used by transportation providers, allowing the product to provide real-time visibility across the spectrum of vehicle types and service levels required to serve complex populations effectively. The company leverages these inputs to support data-driven approaches to benefit design, performance management, and ride interventions that align NEMT market incentives, reduce administrative burden, and improve patient experience.
In 2020, the company has expanded operations into 41 states.
FinSMEs
21/06/2021