MedArrive raises $8 million

IRVING, Texas – Mobile-integrated care management platform company MedArrive has received $8 million in new funding led by Cobalt Ventures, a wholly owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC). 

The investment follows MedArrive’s $25 million series A round in November 2021 and brings the company’s total funding to $40.5 million to date.  

“Everyone in America has a right to inclusive, high-quality care, yet too many are left out and have no one on their side who can connect them to the system,” said Dan Trigub, MedArrive CEO and co-founder. “The work we are doing with dedicated health care organizations, who are committed to health equity, is what drives our team every day, and we are honored to receive this strategic investment from Cobalt Ventures.”  

MedArrive supports both adult and pediatric populations, providing a care management solution that connects providers and payers with MedArrive's field provider network of paramedics, EMTs and other health care professionals. These field providers visit the homes of patients or members on behalf of their provider or health plan, providing in-home health care services, diagnostics, health assessments, post-acute care and other preventive health measures, while also addressing social care needs like transportation, mobility or nutrition assistance.  

When higher-acuity care is needed, field providers will connect people with physician-led telehealth services. The MedArrive platform also includes integrations with a growing ecosystem of specialized partners, which allows field providers to bring even more care services into the home, such as virtual behavioral health, retinal screening and maternity care.  

“MedArrive has quickly become a leader in delivering health care at home solutions with a unique platform and agile workforce that helps lower cost of care for health plans while building trust, improving access to care and driving better outcomes for their members,” said David Eichler, managing partner of Cobalt Ventures.