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

Press Release (ePRNews.com) - RICHMOND, Va. - May 16, 2019 - 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: liz.doerr@uzurv.com

Source : Uzurv
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