Cypress Growth Capital Invests in Envoy America

Cypress Growth Capital Invests in Envoy America
Cypress Growth Capital Invests in Envoy America
Cypress Growth Capital is pleased to announce our recent investment in Envoy America, an Arizona-based provider of technology-enabled transportation services that help older adults and patients maintain independence, health, and social engagement.
Envoy launched in 2015 after founder K.C. Kanaan struggled to find compassionate and reliable transportation for his aging parents. What started as a personal mission quickly evolved into a sophisticated technology platform and service that has provided more than 3 million rides across 25 states. Envoy America’s excellence is demonstrated by a +90 Net Promoter Score, and its strategic partnerships with healthcare providers, senior living communities, and faith-based and community organizations underscore its mission-driven growth.
“We sought a growth partner for entrepreneur-friendly capital and guidance as we rapidly broaden our reach. Because of their experience as founders and operators, Cypress stood out as the best partner to meet both objectives.”
K.C. Kanaan, Founder and CEO of Envoy America
“Envoy America has built a truly differentiated model that combines technology with compassion to serve their clients,” said Cypress Partner Vincent Hsieh. “We’re excited to work with K.C. and his team as they leverage their platform to accelerate growth and extend their reach to even more communities.”
Cypress Growth Capital’s non-dilutive funding will be used to expand enterprise sales, strengthen customer success operations, and invest in technology enhancements for Envoy America’s senior mobility services.