Adonis Raises $31 Million Because AI Is Delivering Actual Results, Not Just Hype, for Health Care Workflows

July 11, 2024

“Love in their heart, and a chip on their shoulder” is my favorite personality type for founders. In the case of Adonis, we saw these characteristics from our very first meetings with Aman and Akash. They believed that despite the multiple customer constituencies in healthcare (providers, care systems, insurers, patients, and so on), it wasn’t a zero sum game - you could actually innovate in ways which were productive for multiple groups and that gains didn’t need to come at the expense of another. The Adonis founders also believed you could build a company with strong technology DNA and maintain that culture even as you scaled other parts of business.

Two years ago these were statements of intent. Now in 2024, they’re well on their way to proving their beliefs true at scale. As of this fundraise, Adonis “works with over 10,000 providers and has processed tens of millions of claims, totaling over $13.3 billion in charges. Adonis works with over 3,000 different payers, equating to nearly all of the payers in the United States, and integrates with over 35 different EHRs and Clearinghouses.” There’s no ceiling on this startup’s future with ambitious expansion plans across the billing and financial stack. If you’d like to consider continuing your career at Adonis, they are hiring.