Le Lézard
Classified in: Transportation, Business
Subject: VEN

Adaptive Transportation Network Company, UZURV, Closes $5 Million Series A Financing


RICHMOND, Va., May 16, 2019 /PRNewswire/ -- UZURV Holdings, Inc. (UZURV), a technology company focused on the ADA and Non-Emergency Medical Transportation (NEMT) markets, announced today that it closed a $5 million series A financing round. The funding will be used to accelerate the company's nationwide expansion and continue development of its Mobility Platform to improve the cost and efficiency for specialty transportation needs.

The financing was led by former Admiral Group CEO, Henry Engelhardt and his wife Diane Briere de l'isle-Engelhardt. Henry Engelhardt serves on UZURV's Board of Directors. 

"We are pleased to report that we have closed our Series A financing," said UZURV CEO, John Donlon. "We appreciate Henry and Diane's support and look forward to their continued involvement as we build UZURV into a market leader through transformative solutions that are truly life changing." 

Donlon said the UZURV Mobility Platform features an adaptive Transportation Network Company (TNC) with trained/credentialed drivers providing a door-to-door service and a "Higher Duty of Care."  By combining the UZURV TNC with various other transportation modalities such as traditional rideshare and wheelchair accessible vehicle providers, within the Mobility Platform, the specific needs of each rider are addressed in the most cost effective and efficient way. 

Founded in May of 2017, UZURV has partnered with Transit Agencies, Managed Care Organizations, and The American Cancer Society to provide specialty transportation services for their members and communities. Since the first contract was signed with Greater Richmond Transit Company in June 2017, UZURV has expanded its service to 25 states providing over 150,000 rides. 

Media Contact: 
Liz Doerr
Phone: 804.731.6949
Email: [email protected]

Related Links

Website

SOURCE Uzurv


These press releases may also interest you

at 06:45
Southwest Airlines Co. invites you to listen to a live webcast of its first quarter 2024 financial results. Details are as follows: When: Thursday, April 25, 2024 at 12:30 PM Eastern Time Who: Bob Jordan, President and Chief Executive Officer...

at 06:41
Solus Power, a leading innovator in electric vehicle (EV) charging solutions, has signed a Memorandum of Understanding (MOU) with global defence and security company, QinetiQ. The strategic partnership aims to research and develop advanced EV...

at 06:30
Kennametal Inc. announced today that they will attend the BofA Securities Transportation, Airlines and Industrials Conference in New York City. Details of the conference are as follows: When: May 15, 2024 Attendees: Patrick Watson, Vice President...

at 06:30
Quarterhill Inc. ("Quarterhill" or the "Company") , announces details of its upcoming Annual and Special Meeting of shareholders ("Meeting") to be held virtually on Monday, May 13, 2024, at 10:00 a.m. (Eastern Daylight Time). At the Meeting,...

at 06:15
On Wednesday, April 24, representatives of Billy Bishop Toronto City Airport, RCAF Foundation and Royal Canadian Military Institute will join Lieutenant-General Eric Kenny, Commander of the Royal Canadian Air Force (RCAF), to unveil a new, permanent...

at 06:05
Volato Group, Inc. ("Volato," or the "Company") today announced that it has appointed Christopher G. Burger and Fred A. Colen to the Company's Board of Directors. As part of this announcement, Joan Sullivan Garrett, Katherine Arris-Wilson, Peter...



News published on and distributed by: