The round was 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 the company's total funding to $40.5 million to date.

MedArrive enables healthcare providers and payors to power care services into the home, leveraging a fully integrated care management platform that bridges the virtual care gap with physician-led telemedicine combined with our network of EMS professionals.

MedArrive's holistic care model, network of field providers, and technology serve vulnerable populations in their homes, building patient self-advocacy, lowering the total cost of care, and reconnecting the unengaged back to primary care. This unique approach gives patients access to trusted medical expertise by utilizing an untapped workforce, ultimately ensuring continuity of care, better patient outcomes, and significant cost savings for payers and providers alike.