MedArrive Raises $25 Million, Hopes to Make ‘Tens of Thousands’ of At-Home Care Visits Next Year

MedArrive – a health care platform that helps payers and providers shift more care into the home – has secured $25 million in Series A funding.

The funding round was led by the venture capital fund Section 32, which invests in businesses on the frontier of health care and technology. Section 32 also previously invested in Current Health, a home-focused remote patient monitoring platform that was recently acquired by Best Buy (NYSE: BBY).

Other investors such as 7wireVentures and Leaps by Bayer also participated in the round, as did MedArrive’s initial investors: Define Ventures, Kleiner Perkins and Redesign Health.


“This funding, it’s going to be a game-changer when it comes to being able to continue to grow and build an amazing team,” MedArrive CEO Dan Trigub told Home Health Care News. “We have a great core group today, but we need to continue to scale and hire across operations. It will also allow us to reach more patients and health plan members in more markets, … and allow us to continue to advance our platform in order to bring more care services on behalf of our partners into the home.”

The New York City-based MedArrive has an array of virtual capabilities, but also coordinates in-person care for its partners via emergency medical services (EMS) professionals, nurses and community health workers, among others. 

The company was founded less than a year ago, in December of 2020, and has since made key partnerships with organizations such as Clover Health (Nasdaq: CLOV), The SCAN Group and Bright HealthCare.


Trigub also mentioned that MedArrive was working on several other “big partnerships,” though he could not yet disclose who they were with.

“It’s been a little surreal, just the growth that we’ve seen,” he said. “But I think it’s a testament to the opportunity, the market, the need for home-based care services and our unique approach of partnering with health systems and health plans directly. … Because of all those factors, we’ve been able to get to this point in a relatively short period of time.”

After starting basically from scratch at the end of 2020, the company has now done “thousands of visits” on behalf of its partners, Trigub said, adding that he hoped to be in the “tens of thousands” within the next year.

“We’ve seen significant growth in the number of health plan members and patients that we’re seeing, and our team has more than doubled in the last year,” he said. “Over the next year, we want to be doing tens of thousands of visits, and [form partnerships] with dozens of more health plans.”

Though he acknowledged staffing is still a concern, Trigub said that MedArrive has mostly been able to somewhat avoid shortage woes affecting other parts of home-based care.

“I think we’ve been very fortunate with our unique model,” he said. “And we have a model where we partner with traditional staffing agencies, work directly with EMS companies and then in some cases hire directly. So we have a very nimble model, and we can staff up and down.”

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