Ride RoundTrip

Healthcare ITSeries APhiladelphia, USrideroundtrip.com

Latest round

Series A

Last raised

Jul 2020

Total raised

$11M

Investors

9

About Ride RoundTrip

Ride RoundTrip, Inc.Founded in 2016 in Philadelphia, US, Ride RoundTrip, Inc. specializes in software solutions for patient transportation.Roundtrip specializes in patient transportation software designed to streamline the logistics of rides for healthcare systems and health plans. The company's primary product integrates various transportation modalities, including rideshare options (Lyft/Uber), medical sedans, wheelchair vans, stretcher vans, and ALS/BLS vehicles, into a single workflow. This comprehensive solution aims to reduce patient no-show rates—reported to be below 4%—which significantly contrasts with industry averages exceeding 20%. Roundtrip's services cater to healthcare providers, care coordinators, and patients, focusing on enhancing access to care and ensuring patients can attend their medical appointments.Roundtrip's revenue model is anchored in a B2B structure, primarily engaging with healthcare systems, health plans, and transportation companies through subscription and partnership agreements. These transactions typically involve clients subscribing to the software platform to facilitate patient transport logistics, enabling care coordinators to efficiently manage scheduling and coordination of rides. The service is designed to optimize resource allocation and improve patient outcomes by providing a seamless booking experience. While specific pricing plans are not detailed, the revenue is generated through the utilization of the software, reflecting the value it brings to healthcare providers in reducing operational burdens and enhancing patient engagement.In July 2020, Ride RoundTrip, Inc. The company plans to expand its presence across the United States, further develop its technology, and grow its community.

Who invested in Ride RoundTrip

9 investors across 3 rounds

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Funding rounds

  1. Series A

    Jul 22, 2020

    Amount

    $4M

    Investors

    Locked

  2. Series A

    May 1, 2019

    Amount

    $5.1M

    Investors

    Locked

  3. Seed

    Mar 29, 2018

    Amount

    $1.9M

    Investors

    Locked

Questions about Ride RoundTrip

Who invested in Ride RoundTrip?

Ride RoundTrip has 9 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ride RoundTrip raised?

Ride RoundTrip has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Ride RoundTrip last raise money?

Ride RoundTrip's most recent round on record is a Series A, in Jul 2020.

What does Ride RoundTrip do?

Ride RoundTrip is a healthcare it company.

Where is Ride RoundTrip headquartered?

Ride RoundTrip is headquartered in Philadelphia, US.

Which VCs invest in companies like Ride RoundTrip?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Ride RoundTrip's stage. Their profiles are linked below.

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