# MedHaul

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medhaul

- Industry: Healthcare
- Headquarters: Memphis, US
- Website: www.gomedhaul.com
- Total disclosed funding: $0.3M
- Latest round: Seed (Apr 30, 2020)
- Investors on record: 3

## About

Based in Tennessee, US, MedHaul provides a cloud-based platform focused on non-emergency medical transportation, enhancing access to healthcare for individuals with unique mobility needs.MedHaul was established in 2017 in Memphis, US, as a centralized platform for non-emergency medical transportation. The company has completed six deals, with its most recent deal occurring on January 25, 2021. The latest funding round was a Seed round, raising USD 0.30 mn led by Innova Memphis, bringing the total amount raised to USD 0.50 mn. The company has not reported any major pivots or changes in strategy since its founding.MedHaul offers a centralized transportation platform designed to facilitate non-emergency medical transportation (NEMT) for patients with unique mobility needs. The core service automates the scheduling and tracking of rides, enabling healthcare organizations to seamlessly connect with a robust network of high-quality NEMT providers. MedHaul's technology specifically addresses the transportation challenges faced by vulnerable communities, providing solutions that cater to individuals requiring wheelchair, stretcher, or door-through-door transport. Serving healthcare providers, transportation providers, and community partners, MedHaul aims to enhance access to quality healthcare by mitigating missed appointments and logistical barriers. The platform's services are currently utilized across various geographical markets, focusing on regions where healthcare accessibility is critical.MedHaul generates revenue through partnerships with healthcare organizations and transportation providers, creating a collaborative ecosystem for facilitating patient rides. The transactions typically involve a service structure wherein healthcare providers input their patients' transportation needs into the MedHaul platform, leading to automated matching with appropriate transportation providers. This model supports both B2B and direct-to-consumer transactions, allowing clients to benefit from a streamlined process. While specific pricing plans for the services are not disclosed, the company’s revenue structure is based on the provision of reliable, quality transportation solutions aimed at improving patient care and access. The platform's commitment to serving often-overlooked populations establishes it as a vital contributor to healthcare accessibility and equity.In January 2021, MedHaul raised venture funding from Citi Ventures to bolster its growth strategies. The company plans to enhance its platform further and expand into additional markets, focusing on areas with significant healthcare accessibility challenges. Details regarding specific upcoming product launches and further market expansions have not been disclosed.

## Funding rounds

- Seed, Apr 30, 2020, $0.3M — Innova Memphis
- Seed, Apr 13, 2020 — Morgan Stanley Investment Management
- Seed, Feb 19, 2020 — StartUp Health

## Investors

- StartUp Health (https://capitalatlas.ai/funds/startup-health) — Seed
- Morgan Stanley Investment Management — Seed
- Innova Memphis (https://capitalatlas.ai/funds/innova-memphis) — Seed