# Axuall

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/axuall

- Industry: Software
- Headquarters: Cleveland, US
- Website: www.axuall.com
- Total disclosed funding: $40M
- Latest round: Series B (Jul 7, 2023)
- Investors on record: 18

## About

Founded in 2018 and based in Ohio, US, Axuall, Inc. operates as a digital network designed to verify identity, credentials, and authenticity in real time. In July 2023, Axuall, Inc. raised USD 7 million in a Series B funding from Frist Cressey Ventures. The funding was part of a larger USD 27 million series B round. The firm as of July 2024, is led by its co-founder and CEO, Charlie Lougheed.

Axuall offers a suite of workforce intelligence tools which address critical challenges in the healthcare industry, including staffing shortages and administrative inefficiencies. These tools include the Clinician Population Browser for real-time demographic and service line analytics, the Clinician Wallet for digital credential management, and solutions for pinpointing and recruiting ideal clinicians. Axuall’s platform supports organizations in reducing paperwork, improving clinician engagement, and optimizing patient care delivery. The firm uses a technology architecture that includes a blockchain, distributed anonymous digital wallets, proof life cycle trackers, and primary source verification engines to provide integration into existing workflows, processes, and procedures.

## Funding rounds

- Series B, Jul 7, 2023, $7M — Frist Cressey Ventures
- Series B, May 10, 2023, $20M — Noro-Moseley Partners, Jumpstart Ventures, M25, Flare Capital Partners, AV8 Ventures, Hartford HealthCare Corporation, Intermountain Ventures, InHealth Ventures, UH Ventures, Epsilon Health Investors, LocumTenens
- Series A, Jul 13, 2021, $10M — JumpStart, North Coast Ventures, M25, Flare Capital Partners, AV8 Ventures, Intermountain Ventures, InHealth Ventures, UH Ventures, MedStar Health, Inc., Epsilon Health Investors
- Seed, Sep 17, 2019, $3M — JumpStart, Zapis Capital Group, North Coast Ventures, Drummond Road Capital, M25, Kettledrum Ventures

## Investors

- JumpStart (https://capitalatlas.ai/funds/jumpstart) — Seed, Series A
- Zapis Capital Group — Seed
- North Coast Ventures (https://capitalatlas.ai/funds/north-coast-ventures) — Seed, Series A
- Drummond Road Capital (https://capitalatlas.ai/funds/drummond-road-capital) — Seed
- M25 (https://capitalatlas.ai/funds/m25) — Seed, Series A, Series B
- Kettledrum Ventures — Seed
- Flare Capital Partners (https://capitalatlas.ai/funds/flare-capital-partners) — Series A, Series B
- AV8 Ventures (https://capitalatlas.ai/funds/av8-ventures) — Series A, Series B
- Intermountain Ventures (https://capitalatlas.ai/funds/intermountain-ventures) — Series A, Series B
- InHealth Ventures (https://capitalatlas.ai/funds/inhealth-ventures) — Series A, Series B
- UH Ventures — Series A, Series B
- MedStar Health, Inc. — Series A
- Epsilon Health Investors (https://capitalatlas.ai/funds/epsilon-health-investors) — Series A, Series B
- Noro-Moseley Partners (https://capitalatlas.ai/funds/noro-moseley-partners) — Series B
- Jumpstart Ventures (https://capitalatlas.ai/funds/jumpstart-ventures) — Series B
- Hartford HealthCare Corporation — Series B
- LocumTenens — Series B
- Frist Cressey Ventures (https://capitalatlas.ai/funds/frist-cressey-ventures) — Series B