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Ambler raises €6 million!

Ambler raises €6 million!

June 9th, 2020

Ambler, the first smart network for medical transport, has raised €6 million in a financing round that comes just 18 months after its first round of funding. These funds were raised with Bpifrance via the Digital venture division, Idinvest Partners, Partech and Kima Ventures, to accelerate the development of its platform for connecting healthcare transporters and institutions.

Ambler is disrupting a fragmented market of health transport, which sees a myriad of independent carriers encountering difficulties in optimizing their services, with hospital staff having to manually manage each trip. With the non-emergency medical transport market representing 80 million journeys per year with a worth of 5 billion euros in France alone, it is clear that the disjointed system must be improved. To solve this issue, Ambler has launched a service to manage inter-hospital patient transfers via an online platform, which has been reformed to return inter-hospital transfer expenses to the hospital budget. With Ambler, the heavy administrative work that is implied by such important healthcare journeys is simplified considerably, relieving the burden this has on healthcare staff, as well as buyers and the financial teams of the institutions.

Nicolas Dumont, Product Director and co-founder of Ambler, explains: "The industry is lagging behind technologically: the offer is often limited to complex order-taking software for healthcare institutions. We have created a simple and interoperable platform that allows customers to book a trip in seconds. Ambler is more than just hospital software, it is also the point of contact between the hospital and the transporters: a one-stop shop for healthcare transport across the entire value chain to simplify, organize and impact the cost and quality of services.

The success of Ambler in just 18 months is telling of why such significant investors want to support this company. Ambler has, in such a short time, convinced more than 200 public and private hospitals, as well as 500 transport companies to go digital (at the time of writing this article). The company has no intention of slowing down either: these new funds will be used to continue its impressive growth momentum, and to expand its business in the area of travel between the patient's home and the healthcare facility. What's more, the start-up also intends to continue its technological developments and strengthen its operational and commercial teams, while also expanding its presence into new regions of France, with a goal of nationwide coverage by 2021.

For Mehdi Ben Abroug, co-founder & CEO of Ambler: “The achievement of this Series A round will allow us, together with trusted investors, to accelerate towards our vision for Ambler: to become the largest ambulance network in France by bringing together thousands of small and medium-sized ambulance companies, using an innovative partnership model and our technology to raise the level of service to the highest standards of mobility.

Read the full Press Release here.


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