How Much Did Axuall Raise?
Funding & Key Investors

Axuall, a prominent player in the workforce intelligence sector, has successfully secured significant capital to bolster its market position. The company has reached a total funding milestone of $33.4M, reflecting strong investor confidence in its mission to modernize healthcare operations. This latest major strategic investment of $20M underscores the firm's transition into a scaling phase, aimed at addressing critical inefficiencies within the clinical labor market.

What is Axuall?

Axuall
SoftwareHuman Resources SoftwareBusiness Services

Axuall operates as a specialized workforce intelligence platform that utilizes a national, real-time practitioner data network to assist healthcare organizations in making data-driven decisions. By integrating solutions such as Axuall Explore and Axuall Confirm, the company streamlines complex processes including talent acquisition, credentialing, and onboarding. This technological infrastructure is designed to mitigate provider burnout and optimize operational workflows, positioning Axuall as an essential partner for health systems navigating the ongoing workforce crisis.

How much funding has Axuall raised?

Axuall has raised a total of $33.4M across 3 funding rounds:

2019

Angel/Seed

$3M

2021

Series A

$10.4M

2023

Series B

$20M

Angel/Seed (2019): $3M with participation from North Coast Angel Fund, Kettledrum Ventures, JumpStart, Drummond Road Capital, M25, and Zapis Capital Group

Series A (2021): $10.4M led by MedStar Health, Flare Capital Partners, University Hospitals Ventures, and Intermountain Ventures

Series B (2023): $20M supported by Frist Cressey Ventures, Noro-Moseley Partners, Flare Capital Partners, and Intermountain Ventures

Key Investors in Axuall

Frist Cressey Ventures

A venture capital firm dedicated to accelerating the growth of innovative companies that are transforming healthcare through strategic support and systemic change.

Noro-Moseley Partners

Specializes in early growth equity investments for rapidly-scaling B2B technology and healthcare companies, focusing on sustainable economic models.

Flare Capital Partners

A leading investor focused on healthcare technology, collaborating with entrepreneurs to enhance healthcare outcomes and reduce costs through a strategic network of partners.

What's next for Axuall?

With the infusion of recent capital, Axuall is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise healthcare market. The company is expected to focus on deepening its integration capabilities with existing health system workflows, further automating the credentialing lifecycle to reduce administrative burdens. As the demand for real-time practitioner data grows, Axuall will likely leverage its strategic partnerships to scale its reach, aiming to set a new industry standard for workforce management and clinical operational efficiency.

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Frequently Asked Questions Regarding Axuall Financial Insights

What are the most recent funding rounds that Axuall has completed, and what were the funding rounds?
Axuall has recently completed 3 funding rounds: Series B on Aug 2, 2023, Series A on Jul 13, 2021, Angel/Seed on Sep 25, 2019.
What is the total amount of funding Axuall has raised to date?
Axuall has raised a total of $33.4M in funding to date.
How many funding rounds has Axuall completed?
Axuall has completed 3 funding rounds.
How much funding did Axuall raise in its most recent funding round?
Axuall raised $20M in its most recent funding round.
Who are the lead investors in Axuall's latest funding round?
The lead investor in Axuall's latest funding round was Frist Cressey Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Axuall's history?
The largest funding round in Axuall's history was $20M.
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