Axle Health, a home for domestic health technology, has received 10 million US dollars in Serie A Financing.
Venture companies F-Prime, Y combinator, pears VC and Lightbank led the round. Axle plans to use the funds to improve AI-powered schedule and routing algorithms from Axle, to develop generative AI solutions for the commitment of patients and to expand their engineering and business teams.
“The healthcare industry is adopted in a significant shift towards domestic care by changing patient preferences, value -oriented care initiatives and progress in remote monitoring technologies,” said Adam Stansell, CEO of Axle Health. “With this investment, we are well positioned to satisfy the growing demand for home health care by equipping providers with the technological infrastructure that is required for efficient operating processes.”
Axle Health's Axle Health was founded in 2020 and was located in Los Angeles. It aims to help health authorities hire clinicians for efficient visits to houses in order to pursue improved patient results and reduce operating costs. In 2024, the company collected 4.2 million US dollars in a seed -Funding round listed by Pear VC and TRAC VC.
The platform from Axle developed by a team with experience of Uber technologies analyzes data points such as traffic patterns, registration information for registrations, patient needs and geographical factors to improve routing and identify potential challenges.
The technology enables providers to automatically coordinate patients with clinics, to adapt to cancellations or delays, to redirect the employees in real time in real time and to reduce manual planning by around 70%according to the company's website. Patients receive automated memories and an estimated arrival times by text or telephone call and can confirm appointments or leave feedback using the platform.
“The care of patients at home in the middle of the restricted clinical resources and administrative complexity is a challenge that I met first-hand,” said Julia McDowell, a venture partner at F-Prime. “Achle deals with urgent problems with which providers of in-home providers are confronted every day.”