How Much Did Empire State Medi-Cab Raise?
Funding & Key Investors

Empire State Medi-Cab has secured significant capital, with its total funding reaching $379K. The company recently announced a major strategic investment of $229K, underscoring its position in the non-emergency medical transportation sector. This latest financing round signals a period of potential expansion and operational enhancement for the New York-based provider.

What is Empire State Medi-Cab?

Empire State Medi-Cab
TransportationRail, Bus & Taxi

Empire State Medi-Cab, Inc. operates as a specialized non-emergency medical transportation provider, focusing on door-to-door wheelchair and ambulatory services. Established in 2005, the company leverages a family legacy in medical transportation spanning over 40 years. It primarily serves Nassau and Suffolk counties on Long Island, with capabilities extending to the five boroughs of New York City. The company's core mission is to offer quality transportation for the elderly, disabled, and individuals with limited mobility, building on decades of familial experience in the field.

How much funding has Empire State Medi-Cab raised?

Empire State Medi-Cab has raised a total of $379K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$229K

Debt (2020): $150K with participation from PPP

Debt (2021): $229K led by PPP

What's next for Empire State Medi-Cab?

The recent strategic investment of $229K in a large-scale late-stage funding environment suggests Empire State Medi-Cab is poised for significant growth and service area expansion. This capital infusion is likely to be directed towards enhancing fleet capacity, upgrading technology for improved logistics and patient experience, and potentially broadening its service reach within the New York metropolitan area. The company's deep roots and established operational history provide a solid foundation for leveraging this new financing to solidify its market leadership in specialized medical transport.

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Frequently Asked Questions Regarding Empire State Medi-Cab Financial Insights

What are the most recent funding rounds that Empire State Medi-Cab has completed, and what were the funding rounds?
Empire State Medi-Cab has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Empire State Medi-Cab has raised to date?
Empire State Medi-Cab has raised a total of $379K in funding to date.
How many funding rounds has Empire State Medi-Cab completed?
Empire State Medi-Cab has completed 2 funding rounds.
How much funding did Empire State Medi-Cab raise in its most recent funding round?
Empire State Medi-Cab raised $229K in its most recent funding round.
Who are the lead investors in Empire State Medi-Cab's latest funding round?
The lead investor in Empire State Medi-Cab's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Empire State Medi-Cab's history?
The largest funding round in Empire State Medi-Cab's history was $229K.
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