Strategic Investment by Frontier Growth Fuels AxisCares Expansion in Home Care Technology

Funding Rounds

▤ Summary

Frontier Growth made a minority investment in AxisCare in March 2024 and the partnership has accelerated the company's product and service expansion. AxisCare added two Frontier partners to its board, acquired a revenue cycle management firm specializing in Medicaid and VA billing, and launched AxisCare Intelligence, a suite of AI-powered tools to streamline scheduling, documentation, compliance, and analytics. The company also expanded enterprise capabilities and enhanced support for providers serving individuals with intellectual and developmental disabilities. AxisCare now supports more than 3,900 home care agencies and manages an estimated $8 billion in annual services through its platform.

$ Funding

$
Amount None Total raised
□
Date March 1, 2024 Announcement date
◎
Investors Frontier Growth Lead investors
▥
Company axiscare.com Funded company

▥ Classifications

industries
No industries detected
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
SaaS Healthcare IT Workforce Management Software

▦ Linked Companies