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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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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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AT&T has announced plans to expand and relocate its call center across the street from the company’s existing campus on Lakeside Boulevard, the latest in a series of national call center real estate moves. AT&T signed a 12-year lease with Provident Realty Advisors for approximately 186K SF across seven floors of the Lakeside Boulevard Tower at 2221 Lakeside Blvd. The company’s existing call center is located at its Lakeside Campus at 2270 Lakeside Blvd.

In a statement Michael Ford, AT&T Head of Global Real Estate said, “We have a strong history in the city and this opportunity strategically aligns with our focus on creating modern workspaces where our employees can thrive, innovate and deliver solutions that connect people to greater possibility.”

To support $15.8M in building improvements at AT&T's new location, the city of Richardson awarded Provident a building modernization grant and permit fee waivers. Provident acquired the 807K SF Lakeside Campus office complex in November 2024. The campus is anchored by RealPage and was originally built for Nortel. AT&T Inc. is an American multinational conglomerate holding company that is Delaware-registered but headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the worlds largest telecommunications company, it is also the largest provider of mobile telephone services in the U.S. As of 2020, AT&T was ranked 9th on the Fortune 500 rankings of the largest United States corporations, with revenues of $181 billion.
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WellTheory, the leading whole-person care platform for autoimmune disease, today announced the close of $5M in new funding and the successful rollout of its proprietary AI tools, Care Hub and Care Scribe, across its care operations. New investors Samsung Next, Opal Ventures, and Up2 Fund joined the round, with continued support from existing investors Accel, OVO Fund, and BoxGroup. WellTheory is a virtual care platform reversing the autoimmune epidemic by filling the gaps left behind in traditional healthcare. WellTheory offers a research-backed proprietary program that addresses the root cause of autoimmunity and treats the whole person with the aim to reduce symptoms, improve quality of life, and lower costs.

In a statement Ellen Rudolph, CEO and Co-founder of WellTheory said, “AI is no longer a nice-to-have in care delivery — its essential infrastructure.” “This new round of funding is allowing us to double down on our AI strategy, streamline the most time-consuming parts of care, and expand into new markets. We’re leading the charge in making whole-person, root-cause care more accessible, personalized, and effective and bringing it to scale through our growing partnerships with employers and health plans.”

WellTheory’s Care Scribe, the company’s proprietary AI assistant, now supports its Care Team by attending member sessions, transcribing conversations, and drafting follow-up notes and personalized Care Plans — all for provider review and customization. The tool has reduced provider prep and documentation time by 65%, enabling a more efficient and focused care experience. This meta-intelligence will power a more personalized, proactive experience for members, surfacing symptom patterns, optimizing interventions, and enabling the Care Team to deliver precision support at scale. By connecting the dots across a fragmented care journey, WellTheory aims to not only reduce the burden of autoimmune disease — but also to fundamentally reimagine how it’s managed.
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