# SafeRide Health

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

- Industry: Transportation Services
- Headquarters: San Antonio, US
- Website: www.saferidehealth.com
- Total disclosed funding: $39M
- Latest round: Series C (Sep 15, 2023)
- Investors on record: 14

## About

SafeRide Health, based in the US, provides innovative non-emergency medical transportation solutions via a technology-driven platform that enhances healthcare access and patient experiences across various markets.Founded in 2016 in San Antonio, US, SafeRide Health focuses on enhancing medical transportation services through its NEMT platform. The firm has pivoted towards leveraging technology for improved patient logistics. The company has successfully raised a total of USD 36.29 mn in Series C funding as of September 15, 2023, led by Sands Capital Ventures with participation from CareFirst BlueCross BlueShield, Healthworx, and Scan Health Plan. SafeRide Health is co-founded by Ben Salter and Demiro Baeza, among others, and operates as an independent company without any known subsidiaries.SafeRide Health specializes in non-emergency medical transportation (NEMT), providing a tech-driven platform designed to improve patient access to healthcare services. The company's core offerings include a customizable platform that integrates a connected network, allowing real-time visibility and seamless access for users. Their services target the healthcare sector, primarily serving health plans and patients who require reliable transportation to medical appointments. SafeRide Health aims to enhance patient experiences by ensuring timely and efficient transport, addressing challenges associated with missed appointments and delayed care. Their products are utilized across multiple geographical markets, including urban and rural areas throughout the United States, catering to a diverse client base that encompasses health insurance providers and healthcare facilities.SafeRide Health generates revenue through partnerships with health plans and healthcare providers, focusing on B2B transactions. The company employs a subscription-based model, where healthcare organizations subscribe to their platform for access to NEMT services and related technology features. These partnerships facilitate a structured fee arrangement that allows clients to pay on a per-ride basis or through a bundled pricing model. SafeRide's flagship service, designed to optimize patient transportation logistics, is essential in helping health plans manage costs associated with member care, maintaining relationships with both healthcare providers and patients to ensure a consistent flow of transportation services within the healthcare ecosystem.In September 2023, SafeRide Health raised USD 36.29 mn in Series C funding to build its national network and advance artificial intelligence capabilities. This funding will support the development of new products aimed at enhancing patient transportation logistics and expanding into additional markets across the United States. The company is targeting key urban areas for future growth initiatives, with plans to implement its services by the end of 2024. SafeRide Health aims to leverage its recent funding to enhance operational capabilities and improve the accessibility of its NEMT platform.

## Funding rounds

- Series C, Sep 15, 2023, $36M — Sands Capital Alternatives, Healthworx, CareFirst BlueCross BlueShield, Scan Health Plan
- Series B, Nov 8, 2021 — Sands Capital Alternatives, Fresenius Medical Care Ventures, Meridian Street Capital, Bonfire Ventures, SEMCAP, Hill City Capital, Primetime Partners, Fry’s Path Capital
- Series A, Feb 20, 2019 — Clayton Associates, Amplify, Fresenius Medical Care Ventures, Meridian Street Capital, Bonfire Ventures
- Seed, Jul 13, 2017, $2.8M — Amplify, Harvard Business School Alumni Angels, Meridian Street Capital, Bonfire Ventures

## Investors

- Amplify (https://capitalatlas.ai/funds/amplify) — Seed, Series A
- Harvard Business School Alumni Angels — Seed
- Meridian Street Capital (https://capitalatlas.ai/funds/meridian-street-capital) — Seed, Series A, Series B
- Bonfire Ventures (https://capitalatlas.ai/funds/bonfire-ventures) — Seed, Series A, Series B
- Clayton Associates (https://capitalatlas.ai/funds/clayton-associates) — Series A
- Fresenius Medical Care Ventures (https://capitalatlas.ai/funds/fresenius-medical-care-ventures) — Series A, Series B
- Sands Capital Alternatives (https://capitalatlas.ai/funds/sands-capital-alternatives) — Series B, Series C
- SEMCAP (https://capitalatlas.ai/funds/semcap) — Series B
- Hill City Capital — Series B
- Primetime Partners (https://capitalatlas.ai/funds/primetime-partners) — Series B
- Fry’s Path Capital — Series B
- Healthworx (https://capitalatlas.ai/funds/healthworx) — Series C
- CareFirst BlueCross BlueShield — Series C
- Scan Health Plan — Series C