Irving Mobile Healthcare Firm MedArrive Gets $8M in Funding To Help Reduce ER Visits, Hospitalizations

MedArrive, an Irving-based mobile-integrated care management platform company, 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 its total funding to $40.5 million to date, the company said.

“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,” MedArrive Co-Founder and CEO Dan Trigub said in a statement. “That’s what the MedArrive platform and our field providers offer—a trusted and compassionate bridge into the homes of the people who need care the most and at the right time.”

“The work we’re doing with dedicated healthcare organizations, who are committed to health equity, is what drives our team every day,” Trigub added.

MedArrive said it supports both adult and pediatric populations by providing a white-labeled care management solution that offers care in the home—often for the hardest-to-reach, disengaged, and most-vulnerable populations.

Read the full story at Dallas Innovates.