Veyo
Veyo is a non-emergency medical transportation platform that uses a hybrid Independent Driver-Provider fleet model and predictive analytics to manage Medicaid and Medicare transportation benefits for state agencies and managed care organizations across 8-13 U.S. states.
- Company typePrivate
- Founded2015
- HeadquartersSan Diego, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Veyo does
Veyo is a non-emergency medical transportation (NEMT) management platform founded in 2015 and headquartered in San Diego. The company built a purpose-built technology platform that adapts consumer rideshare innovations (real-time GPS tracking, dynamic dispatching, driver mobile apps, predictive analytics) to the healthcare compliance environment, serving state Medicaid agencies, Managed Care Organizations (MCOs), and ultimately Medicaid and Medicare members who need transportation to medical appointments such as dialysis, behavioral health, primary care, and specialist visits. The core technological differentiator is the Virtual Fleet™, a hybrid supply model that integrates 2,000+ healthcare-credentialed Independent Driver-Providers (IDPs) with 100+ traditional commercial transportation partners, enabling real-time supply-demand matching and rapid scaling within minutes. Supporting platform components include the RideView Portal (web-enabled trip management for healthcare facilities), the Veyo Driver App (mobile trip management), the Veyo Provider Portal (commercial fleet operations), and Dynamic Hotspots (driver location optimization using predictive analytics).
Veyo operates a B2B2C distribution model with no direct consumer pricing; revenue is generated through negotiated contracts with state governments and MCOs, typically structured as capitated per-member-per-month rates or per-trip fees. A reference contract is the $70 million, three-year Idaho Medicaid NEMT agreement (renewable for up to eight years) covering 290,000 members. The company has completed over 40 million trips, serves 2.5 million members, and reports 97.1% on-time performance with a 0.03% grievance rate. Compliance posture includes SOC 2 Type 2 certification, HIPAA training, and URAC Health Plan Accreditation. In June 2022, Veyo was acquired by MTM, Inc., one of the largest NEMT brokers in the nation; the combined entity schedules over 20 million trips annually, serves 16 million people across 31 states, and generates approximately $1 billion in annual revenue. Post-acquisition, Veyo continues to operate as a subsidiary under the MTM corporate umbrella, with the recent launch of Wanda extending the platform into private-pay aging-in-place transportation.
Veyo firmographics
Firmographics- Name
- Veyo
- Legal name
- Veyo, LLC
- Website
- https://veyo.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Veyo is a non-emergency medical transportation platform that uses a hybrid Independent Driver-Provider fleet model and predictive analytics to manage Medicaid and Medicare transportation benefits for state agencies and managed care organizations across 8-13 U.S. states.
- Ownership category
- akta.pro rank
Veyo industry classification
Industry- Product category
- Non-Emergency Medical Transportation (NEMT) Brokerage
- NAICS
- Special Needs Transportation (485991), Taxi and Ridesharing Services (485310), Other Support Activities for Transportation (4889)
- SIC
- Services-Health Services (8000), Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)
- akta.pro primary industry
- Managed Transportation Programs (Health Plans/MCOs/TPAs) (TLAFAKAF)
- akta.pro secondary industries
- Non-Emergency Medical Transportation (NEMT) Ride-Hailing Platforms (TLAFAIAF), Non-Emergency Medical Transportation (NEMT) & Wheelchair/Stretcher Transport (HLAFANAJ), Facility-Based Patient Transport (Hospitals, SNFs, Dialysis Centers) (TLAFAKAG)
Keywords
Where Veyo is headquartered
LocationHeadquarters
- HQ city
- San Diego
- HQ country
- United States
- HQ region
- North America
Offices8 records
Markets served
Veyo business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- NEMT Brokerage Services: Veyo acts as a full-service NEMT broker, managing transportation benefits for state Medicaid programs and Managed Care Organizations. Revenue is generated through negotiated capitated rates per eligible member per month or per-trip fees under government contracts.
- Idaho State Contract: $70 million, three-year contract with Idaho Department of Health and Welfare, renewable for up to eight years total. Covers transportation for 290,000 Medicaid members.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Veyo product offering
Product offeringCore offering
Veyo is a full-service Non-Emergency Medical Transportation (NEMT) broker that contracts with state Medicaid agencies and Managed Care Organizations to manage healthcare transportation benefits for Medicaid and Medicare members. The company operates a proprietary technology platform — built on a Virtual Fleet model that combines Independent Driver-Providers with commercial transportation partners — to deliver eligibility verification, real-time GPS trip tracking, multi-mode transportation (sedan, wheelchair, stretcher, public transit, mileage reimbursement), predictive demand analytics, and 24/7/365 multilingual member support.
Product overview
Veyo offers a unified NEMT (Non-Emergency Medical Transportation) brokerage platform built specifically for healthcare. The core Veyo Platform serves as the central system managing member eligibility, trip scheduling, provider credentials, and reporting. It is complemented by the Virtual Fleet™ - a hybrid model combining Independent Driver-Providers (IDPs) with traditional commercial transportation providers. The product suite includes the RideView Portal for web-enabled trip management, the Veyo Driver App for mobile trip management, the Veyo Provider Portal for commercial providers, and Dynamic Hotspots technology for supply optimization. Together, these components enable real-time GPS tracking, predictive demand analytics, fraud detection, and multi-modal transportation coordination (sedan, wheelchair, stretcher, public transit, mileage reimbursement) for Medicaid and Medicare members across multiple U.S. states.
Differentiator
Problem solved
Functional benefit
Products and services
- Veyo Platform (NEMT Brokerage Service) A full-service NEMT brokerage platform that manages member eligibility, trip scheduling, provider credentialing, dispatch, reporting, and provider payments for state Medicaid programs and Managed Care Organizations. Delivered through call centers, booking portals, and mobile apps with 24/7/365 member support in 170+ languages.
- Virtual Fleet A flexible fleet model that integrates rideshare fleets of Independent Driver-Providers (IDPs) with traditional commercial provider partners, allowing capacity to scale up or down within minutes to match demand across geographies and transportation modes.
- Wanda An aging-in-place transportation platform providing premier private transportation for seniors and individuals with disabilities who do not qualify for Medicaid or Medicare NEMT services. Currently serving the Phoenix area.
Quantifiable outcome
- Over $7 million in savings generated for healthcare payers
- +5 more outcomes
Companies that use Veyo
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
Veyo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature7 records
Veyo partnerships and signals
Strategic signalScale indicators10 records
Recent moves7 records
Expansion highlights6 records
Veyo competitors and assessment
Company assessmentDirect peers
- Uber Health: Uber Health offers a healthcare-focused rideshare platform for non-emergency medical transport, serving health systems, health plans, and clinical trial participants. Directly competes with Veyo's IDP-based Virtual Fleet model using consumer rideshare supply.
- Ride Health: Ride Health is a software platform that coordinates NEMT for hospitals, health plans, and ACOs, integrating real-time ride booking, eligibility verification, and outcome reporting. Comparable technology stack and customer base to Veyo's platform.
- Modivcare: Modivcare (formerly LogistiCare/Provista) is the largest US NEMT broker and the dominant legacy competitor to Veyo and MTM. Provides non-emergency medical transportation, personal care, and monitoring services to Medicaid and Medicare populations.
- MTM (Medical Transportation Management): MTM is Veyo's parent company after acquiring it in June 2022. Historically the largest NEMT broker in the US scheduling 13M+ trips annually across 31 states, making it the most direct comparable and direct competitor prior to the deal.
- SafeRide Health: SafeRide Health is a technology-enabled NEMT broker serving Medicaid managed care plans and providers with a network of credentialed drivers and a care coordination platform. A technology-focused NEMT peer directly comparable to Veyo's Virtual Fleet model.
- American Logistics Company: American Logistics Company is a technology-driven NEMT broker serving managed care plans and state Medicaid agencies, comparable in business model and target customer to Veyo's brokerage operations.
- Lyft Healthcare: Lyft Healthcare provides managed NEMT rides for Medicaid and Medicare Advantage members through partnerships with health plans and brokers. Closely parallels Veyo's rideshare-based approach to medical transportation.
Emerging players
- Kaizen Health: Kaizen Health provides a healthcare transportation platform connecting patients with rides through a network of drivers and partners. Overlaps with Veyo's NEMT brokerage and IDP-driven model for health systems and health plans.
- HopSkipDrive: HopSkipDrive provides supervised, technology-enabled transportation for vulnerable populations including children, seniors, and individuals with care needs. Comparable to Veyo's IDP model serving Medicaid and special needs populations with credentialed drivers.
- Circulation (Unite Us): Circulation was an NEMT platform focused on ride coordination for healthcare; it was acquired by Unite Us to integrate transportation into broader social determinants of health workflows. Direct competitor in NEMT ride orchestration technology.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Veyo social profiles
Digital presenceVeyo compliance and trust
Trust signalCompliance4 records
Veyo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Veyo leadership team
Management profileNumber of profiles
Profiles5 records
Veyo subsidiaries and ownership
Company hierarchySubsidiaries1 record
Veyo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Veyo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Veyo
What does Veyo do?
Veyo is a full-service Non-Emergency Medical Transportation (NEMT) broker that contracts with state Medicaid agencies and Managed Care Organizations to manage healthcare transportation benefits for Medicaid and Medicare members. The company operates a proprietary technology platform — built on a Virtual Fleet model that combines Independent Driver-Providers with commercial transportation partners — to deliver eligibility verification, real-time GPS trip tracking, multi-mode transportation (sedan, wheelchair, stretcher, public transit, mileage reimbursement), predictive demand analytics, and 24/7/365 multilingual member support.
Is Veyo a public or private company?
Veyo is a private company. It is classified as corporate owned and is currently operating.
When was Veyo founded?
Veyo was founded in 2015. It employs 501 to 1,000 people.
Where is Veyo based?
Veyo is headquartered in San Diego, United States, in the North America region.
How does Veyo make money?
Two revenue lines are on record. NEMT Brokerage Services are the primary driver. The others are idaho State Contract.
Who are Veyo's main competitors?
Direct peers on record are Uber Health, Ride Health, Modivcare, MTM (Medical Transportation Management), SafeRide Health, American Logistics Company and Lyft Healthcare. Emerging players are Kaizen Health, HopSkipDrive and Circulation (Unite Us).
Does Veyo have an API?
No public API is recorded for Veyo.
What industry is Veyo in?
Veyo's product category is Non-Emergency Medical Transportation (NEMT) Brokerage. Its primary akta.pro industry code is TLAFAKAF, Managed Transportation Programs (Health Plans/MCOs/TPAs), with a secondary code of TLAFAIAF, Non-Emergency Medical Transportation (NEMT) Ride-Hailing Platforms. Its NAICS code is 485991 and its SIC code is 8000.