# Ride Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ride-health

- Industry: Healthcare IT
- Headquarters: New York, US
- Website: www.ridehealth.com
- Total disclosed funding: $6.2M
- Latest round: Seed (Jan 7, 2020)
- Investors on record: 8

## About

Ride Health Inc. is a transportation solutions provider focused on healthcare, utilizing a coordinated ride management platform to enhance patient mobility and access to medical services across the United States.Founded in 2016, Ride Health Inc. is headquartered in New York, US. The company specializes in providing transportation solutions specifically for healthcare organizations. The firm has completed a total of 5 funding deals, with the latest funding round being a Seed round in June 2021, raising USD 6.20 mn led by Activate Venture Partners. Co-founders Imran Cronk and Sumun Khetpal bring their expertise to the firm, with Imran Cronk serving as the CEO.Ride Health offers a comprehensive transportation solution tailored for the healthcare sector, addressing patient mobility challenges. The company's main service is a ride management platform connecting patients to appropriate transportation, improving access to medical appointments. Their focus on seamless transportation management is crucial for healthcare organizations such as Virtua Health, enhancing patient attendance and overall care delivery.Ride Health generates revenue through partnerships with healthcare providers utilizing their transportation management platform. Revenue streams are derived from service agreements, structured as subscription-based pricing or per-ride fees, ensuring budget predictability while enhancing patient access to care. The transaction model fosters collaboration with healthcare partners for efficient ride booking and service delivery.In June 2021, Ride Health Inc. raised an undisclosed amount of venture debt funding from Bridge Bank, as part of a larger USD 10 mn equity and debt funding round. The company plans to utilize the funding to invest in expanding its national transportation network, benefits management system, and platform APIs, facilitating future growth in new and existing markets.

## Funding rounds

- Seed, Jan 7, 2020, $6.2M — Activate Venture Partners, BioAdvance, Leading Edge Ventures, StartUp Health, NVP Capital, Anthro Ventures
- Seed, Apr 19, 2019 — Kairos
- Seed, May 1, 2017 — BioAdvance, StartUp Health, Chicago Booth Angels Network

## Investors

- BioAdvance (https://capitalatlas.ai/funds/bioadvance) — Seed
- StartUp Health (https://capitalatlas.ai/funds/startup-health) — Seed
- Chicago Booth Angels Network (https://capitalatlas.ai/funds/chicago-booth-angels-network) — Seed
- Kairos (https://capitalatlas.ai/funds/kairos) — Seed
- Activate Venture Partners (https://capitalatlas.ai/funds/activate-venture-partners) — Seed
- Leading Edge Ventures (https://capitalatlas.ai/funds/leading-edge-ventures) — Seed
- NVP Capital — Seed
- Anthro Ventures — Seed