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Axle Health Secures $10M in Series A Financing to Revolutionize Home Health Operations

Axle Health Secures $10M in Series A Financing to Revolutionize Home Health Operations

May 30, 2025 Craig Etkin

Investment Will Accelerate Product Development to Meet Surging Demand for Home-Based Healthcare

Company Reports 900% Growth Over FY 2024

Proprietary AI-Powered Platform Allows Home Health Providers to Optimize Care Delivery Operations

LOS ANGELES, May 22, 2025 /PRNewswire/ — Axle Health, the pioneering technology company transforming home healthcare operations, today announced a Series A financing round of $10M. The investment was led by F-Prime, with participation from Y Combinator, Pear VC, and Lightbank.

This funding round will fuel Axle Health’s aggressive expansion plans, including scaling its proprietary healthcare logistics platform, enhancing its AI-powered scheduling and routing algorithms, accelerating development of its generative AI patient engagement solutions, and growing its engineering and operations teams.

“The healthcare industry is experiencing a fundamental shift toward home-based care, accelerated by changing patient preferences, value-based care initiatives, and advances in remote monitoring technologies,” said Adam Stansell, CEO of Axle Health. “With this investment, we’re positioned to meet the explosive demand for home healthcare by giving providers the technological infrastructure they need to scale operations efficiently. Our mission is to make high-quality home healthcare accessible to everyone who needs it, regardless of location or socioeconomic status.”

Axle Health’s platform solves the critical operational challenges that have historically limited the scale and efficiency of home healthcare. The company’s EMR integrated software solution enables healthcare organizations to seamlessly deploy clinicians for in-home visits through smart scheduling, route optimization, and automated patient engagement. This technology-first approach has led to increases of up to 30% in overall clinician productivity.

“Axle Health’s intelligent platform addresses the complex logistical challenges that have hindered the home healthcare industry for decades,” said Carl Byers, Partner at F-Prime. “What impressed us most was how the team, with several executives bringing deep operational expertise from their time at Uber, has applied sophisticated logistics principles to healthcare, creating a solution that seamlessly integrates with existing systems while delivering measurable improvements in efficiency and patient outcomes.”

“Caring for patients in the home with constrained clinical resources and administrative complexity is a challenge I’ve seen firsthand,” said Julia McDowell, Venture Partner at F-Prime. “Axle is addressing urgent problems that in-home providers are facing every day, and their platform unlocks financial and operational improvements almost immediately. The ROI is both substantial and rapid – we’re excited to invest in Axle to bring this solution to more providers and their patients.”

At the core of Axle Health’s competitive advantage lies its patent-pending healthcare logistics engine, which combines sophisticated machine learning algorithms with years of healthcare operations expertise. The proprietary system processes millions of data points – including traffic patterns, provider credentials, patient needs, and geographic constraints – to optimize routing in real-time and predict potential bottlenecks before they occur.

“What sets Axle’s technology apart isn’t just its computational power, but how seamlessly it integrates with existing healthcare workflows,” noted Mar Hershenson, Partner at Pear VC. “Many healthtech solutions create additional friction for providers, but Axle’s platform actually reduces administrative burden while improving outcomes. Axle’s logistics engine creates a continuously optimizing system that becomes more valuable over time, and the unique combination of healthcare domain expertise and technical sophistication makes Axle an exceptionally promising investment.”

About Axle Health
Axle Health is a healthcare technology company on a mission to revolutionize home-based care delivery through its comprehensive operations platform. Founded in 2020 by healthcare and technology veterans, including several former Uber executives who brought their logistics expertise to the healthcare industry, Axle Health’s AI-powered logistics platform enables healthcare organizations to efficiently deploy clinicians for in-home visits, improving patient outcomes while reducing operational costs. The company is headquartered in Los Angeles, California. For more information, visit www.axlehealth.com.

Media Contact
press@axlehealth.com

SOURCE Axle Health

Copyright © 2025 Cision US Inc.


Venture Capital
Axle Health, California, Cision, Los Angeles, PRNewswire, Venture Capital

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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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According to state and local development sources, VA Houston Healthcare System plans to invest $31 Million to build out 66,612 square feet of new space in Beaumont. The company plans to occupy the new space at 3295 College in Beaumont, on or about February 1, 2027. The Beaumont VA Clinic which was authorized and funded through the PACT Act, or the Honoring our Promise to Address Comprehensive Toxics Act of 2022, will be located at 3295 College Street in Beaumont. The new clinic will be almost double the amount of space in the current Beaumont Outpatient clinic.  

In a statement Frank Vazquez, Houston VA Medical Center Director said, “We are excited to expand our services in Beaumont to provide our Veterans with a modern healthcare clinic that caters to their needs.” “The more services we can offer in our new VA Clinic, the less the Veterans will need to travel to Houston for specialty medical care.” “We are truly committed to ensuring our southeast Texas Veterans receive the top-quality healthcare they deserve as quickly and conveniently as possible.” “Our goal is to provide as much health care as possible to our Veterans here in Beaumont and our new clinic will allow us to expand and will be modern and updated.  We can’t wait to get it up and running.” 

Construction is set to begin in the coming months to renovate and build out the new clinic, with an anticipated opening date set for early 2027.  Earlier this year, Houston VA announced the beginning of a new shuttle service for Southeast Texas Veterans who need to get to the VA hospital in Houston for treatment.  The shuttle service offers Veterans a free ride to and from the Houston VA on weekdays. Veterans can catch the free shuttle each weekday morning at the Beaumont VA Outpatient Clinic.  

According to the company website VA Houston Healthcare System provides health care services to Veterans at 13 locations in southeast Texas. The VA Houston Healthcare System provides you with outstanding health care, trains Americas future health care providers, and conducts important medical research. At the VA Houston Healthcare System, were dedicated to improving the lives of Veterans and their families every day. The VA Houston Healthcare System is one of the leading health care systems serving Veterans in the South Central VA Health Care Network. Were an innovative care center within the Veterans Integrated Service Network 16 (VISN 16), which includes medical centers and clinics in Mississippi, Louisiana, Arkansas, Oklahoma, southeast Texas, and northwest Florida.
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LuminX, an AI-driven company pioneering cutting edge inventory automation and visibility, announced today the closure of its $5.5 million seed funding round. This initial funding will accelerate the development and deployment of its solutions for the logistics and warehousing industry. The seed round was supported by a multitude of investors, including 1Sharpe, GTMFund, 9Yards, Chingona Ventures, and the Bond Fund. LuminX addresses critical inefficiencies in supply chain and warehouse management that lead to significant operational costs and errors. The company is at the forefront of solving these issues by developing and deploying its Vision Language Models (VLMs) directly onto low-cost mobile hardware within the warehouse – an approach that makes advanced AI accessible and practical for a wider range of operations.

LuminX systems uniquely integrate sophisticated visual understanding with powerful generative AI capabilities, enabling its cameras to ‘see’ and interpret complex, dynamic warehouse environments in real-time—recognizing products, varied labels, assessing package conditions, and tracking movement. These versatile devices can be deployed anywhere in the warehouse, including docks, conveyors, on forklifts, or as handheld units. LuminX’s system intelligently processes this visual information to automate intricate operational tasks, eliminate manual work, and provide actionable data for drastically reducing discrepancies and optimizing overall workflow.

LuminX is led by founder and CEO Alex Kaveh Senemar, a seasoned entrepreneur with a proven track record of building and scaling successful AI companies across several industries. He previously founded and led Voxel, a pioneering AI company in warehouse safety and operations, and prior to that, founded Sherbit, which was successfully acquired by Huma in 2019. He is joined by co-founder & CTO Reza Javanmardi, Ph.D. in Computer Science and former Head of AI Research at Voxel, whose career spans impactful R&D in machine learning and computer vision across startups and research institutions.
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