About Axuall
Axuall is a Healthcare company based in Cleveland (United States) founded in 2018 by Charlie Lougheed. Digital credentialing services are provided for healthcare providers. Axuall has raised $40.4 million across 4 funding rounds from investors including University Hospitals, MedStar Health and Hartford HealthCare. The company has 87 employees. Its chief executive, as recorded, is Charlie Lougheed. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its legal entity is AXUALL, INC. Its competitors include Medallion, andros and Verifiable; 3 of its 3 listed competitors have raised funding.
Company details
Axuall was founded in 2018 and is headquartered in Cleveland, United States. Operations center on a global identity network within the healthcare sector, where verified credentials are issued, collected, and managed by individuals from authorized sources. These credentials can then be shared securely with employers. The platform supports identity verification processes for providers across various geographies.
- Headquarters Cleveland, United States
- Employees 87
- Founders Charlie Lougheed
- SectorsHealthcare
- Email••••••••
- Website axuall.com
- Social LinkedIn X Facebook
- Legal Name Axuall, Inc.
- Total Equity Funding$40.4M (USD)
in 4 rounds
- Latest Funding Round$7M (USD), Series B
Jul 2023
- InvestorsUniversity Hospitals
& 16 more
- Employee Count87
Funding Insights of Axuall
Axuall has successfully raised a total of $40.4M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $40.4M
- Total Rounds 4
- Last Round Series B — $7M
- First Round $3M
(Sep 2019)
- Investors Count 17
All 4 funding rounds of Axuall with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $7M | Series B | – | – | |
| May 2023 | $20M | Series B | – | Noro-Moseley Partners | |
| Jul 2021 | $10.4M | Series A | – | Flare Capital Partners | |
| Sep 2019 | $3M | Seed | – | Jumpstart Ventures |
17 investors in total: 17 institutional.
Investors in Axuall
Axuall has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include University Hospitals, MedStar Health and Hartford HealthCare.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Healthcare sector investments are primarily managed by Frist Cressey Ventures. | fcventures.com | Nashville, United States | ||
Tech and Life Sciences focused VC firm investing in the US | noromoseley.com | Atlanta, United States | ||
Early-stage tech startups are funded by this venture capital firm. | flarecapital.com | Boston, United States | ||
Venture capital firm investing in the healthcare sector | intermountainventures.com | Salt Lake City, United States | ||
Epsilon is focused on venture capital investments in digital healthcare. | epsilonhi.com | Washington, United States | ||
Investments are directed by Inhealth Ventures to healthcare companies. | inhealth.vc | London, United Kingdom | ||
Early-stage startups are supported by AV8 Ventures through investments. | 2021 | av8.vc | Palo Alto, United States | |
Venture capital funding is provided to tech startups by JumpStart Ventures. | jumpstart.vc | Cleveland, United States | ||
Early-stage venture capital investments are made in Midwest startups. | 2015 | m25vc.com | Chicago, United States | |
Early-stage capital is provided for SaaS startups by North Coast Ventures. | northcoast.vc |
Investor details for Axuall
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Axuall
46 people are tracked at Axuall (17 in leadership, 5 in board & advisors, 24 in team); the tracked headcount is 87.
| Name | Role | Group |
|---|---|---|
Charlie Lougheed | Co-Founder & CEO | Leadership |
Nadège T. | VP Of People | Leadership |
Jennie Morrison (Yunyongying) | Director of Engineering | Leadership |
Scott Canupp | COO | Leadership |
Joey Blogna | Director of Talent Acquisition | Leadership |
Jessica Diederich | Director Of Marketing | Leadership |
Dennis Leonard | Vice President of Software Engineering | Leadership |
Mark Dorman | Chief Financial Officer | Leadership |
Stephen Tanner | National Sales Director | Leadership |
Michael Hawkins | Chief Technology Officer | Leadership |
Laura R. Hamilton | Head Of Marketing | Leadership |
Brandon Chartier | Director Of Engineering | Leadership |
Edouard Valla | Chief Product Officer | Leadership |
Jason Phillips | Director Of Engineering | Leadership |
Roman H. | VP Network And Partner Development | Leadership |
Steven Lindseth | Director | Leadership |
Justin Bowers | Director Of Engineering | Leadership |
JB Silvers | Director | Board & advisors |
Stephen McHale | Director | Board & advisors |
Ray Leach | Director | Board & advisors |
26 more people are available in the full profile.
Complete people profiles for Axuall
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Timeline of Axuall
3 dated milestones of Axuall across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Axuall is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series B, of $7.0M.
Competitors of Axuall
Axuall has 3 listed competitors in our database, 3 of them funded. They include Medallion, andros and Verifiable.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| medallion.co | 2011 | California, United States | $128M | 172 | Cloud-based licensing and credentialing are managed for healthcare providers. | |
| andros.co | 2013 | New York, United States | $47.91M | Healthcare information management services are provided by Andros. | ||
| verifiable.com | 2019 | Austin, United States | $50.07M | 46 | Cloud based credentials verification and monitoring software for healthcare providers |
Detailed competitors of Axuall
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Axuall
The website of Axuall (axuall.com) receives about 6.6K visits a month.
- Monthly visits6.6K
▲ 98.8% vs previous month
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Axuall (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Axuall
Complete news archive for Axuall
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Frequently Asked Questions about Axuall
Axuall was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Axuall is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Charlie Lougheed is the CEO of Axuall, as recorded in our data. They have also founded this company.
Axuall is a funded company, having raised a total of $40.4M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Sep 2019.
Axuall has 87 employees.
Axuall was founded in 2018 and is headquartered in Cleveland, United States. Operations center on a global identity network within the healthcare sector, where verified credentials are issued, collected, and managed by individuals from authorized sources. These credentials can then be shared securely with employers. The platform supports identity verification processes for providers across various geographies.
Axuall's top competitors include Medallion, andros and Verifiable.
Axuall has 17 investors. Key investors include University Hospitals, MedStar Health, Hartford HealthCare, Frist Cressey Ventures, and Noro-Moseley Partners.
Axuall operates through Axuall, Inc..