Apixio
Latest round
- Series D
Last raised
- May 2016
Total raised
- $19M
Investors
- 3
About Apixio
Apixio, Inc.Founded in 2009 and headquartered in San Mateo, California, Apixio, Inc. operates primarily in the healthcare technology sector. The company has undergone a Corporate Carve Out and recently merged with ClaimLogiq, another firm under the New Mountain Capital portfolio, on June 13, 2023. The CEO, Darren Schulte, leads the company, focusing on delivering AI-powered healthcare solutions.Apixio specializes in AI-driven healthcare solutions, primarily through its core offerings, the AI-powered Connected Care platform and Payment Integrity solutions. These products are designed to enhance health plan and provider outcomes by delivering actionable insights that support appropriate reimbursements, uncover cost savings, and improve care quality. Apixio's solutions leverage advanced coding technology and a medical record retrieval network, enabling organizations to streamline workflows and enhance risk adjustment programs. The company serves a diverse client base that includes healthcare plans, providers, and organizations focused on value-based care, primarily in the United States market.Apixio generates revenue through a combination of subscription-based models and partnerships with healthcare organizations. Clients engage with the company's services through structured agreements that allow for continuous access to their AI-powered solutions, thereby supporting ongoing performance improvements in healthcare delivery. Specific pricing plans for Apixio's offerings are not publicly detailed, but transactions typically involve enterprise agreements tailored to the needs of health plans and providers. Services such as the Connected Care platform and Payment Integrity solutions are key components that drive revenue, as they provide essential tools for effective risk adjustment and data management. The merger with ClaimLogiq is expected to create synergies that will enhance their service capabilities. Apixio is focused on developing new products that will integrate AI solutions into healthcare management. Additionally, the company aims to explore new geographic markets, specifically targeting broader penetration within the United States healthcare sector.00 mn will support these initiatives, allowing Apixio to accelerate product development and market expansion efforts.
Who invested in Apixio
3 investors across 1 round
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Funding rounds
Series D
May 6, 2016
Amount
$19M
Investors
Questions about Apixio
Who invested in Apixio?
Apixio has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Apixio raised?
Apixio has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Apixio last raise money?
Apixio's most recent round on record is a Series D, in May 2016.
What does Apixio do?
Apixio is a software company.
Where is Apixio headquartered?
Apixio is headquartered in San Mateo, US.
Which VCs invest in companies like Apixio?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Apixio's stage. Their profiles are linked below.
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