Adonis Raises $40M Series C to Equip Healthcare Providers with AI‑Driven Revenue Cycle Operations

March 26, 2026

Chips on their shoulders, love in their hearts. That’s what we immediately felt from Akash Magoon and Aman Magoon when they were starting Adonis. They believed we were truly at a moment where a health care startup could be built with a true partnership between engineering teams and the commercial side of the business. They had conviction that working on ‘back office’ problems still has a positive impact upon health care professionals and their patients, even if you weren’t specifically touching carepaths. And they demonstrated commitment to one another and their team that a company like the one described above could maintain a great culture while attracting talent and scaling. They were right.

And today Adonis announced a $40 million Series C to power the next phase of this journey, as the leading AI orchestration platform for revenue cycle management. In 2025 they delivered 4x revenue growth and net retention above 130% - these are investment dollars being put behind both a great business and a big vision. It’s been a pleasure working with Adonis since their first funding - they are still as driven, excited, and committed as Day One.

If this sounds like a company that you’d like to work at, well, they’re hiring.