About Health Axis
Health Axis is a company based in Irving (United States) founded in 1965 was acquired by Virgo Capital in June 2010.. Health Axis has raised $57 million across 2 funding rounds from investors including Revelstoke Capital Partners, Brown Simpson Asset Management and Virgo Capital. Health Axis has completed 1 acquisition, including Analytics Partners. Health Axis offers products and services including AxisCore, BPaaS and BPO, Staff Augmentation, and Consulting. Health Axis operates in a competitive market with competitors including Perfios, Laguna, Mighty, ABI Health and Osigu, among others.
- Headquarter Irving, United States
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$57 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Revelstoke Capital Partners
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Virgo Capital
(Jun 08, 2010)
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Products & Services of Health Axis
Health Axis offers a comprehensive portfolio of products and services, including AxisCore, BPaaS and BPO, Staff Augmentation, and Consulting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-native platform for healthcare administration and claims processing
End-to-end solutions for streamlining healthcare operations
Scalable support to enhance team capabilities in healthcare
Guidance for optimizing healthcare processes and compliance
Unlock access to complete
Funding Insights of Health Axis
Health Axis has successfully raised a total of $57M across 2 strategic funding rounds. 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 Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(07 Dec 1999)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series D - Health Axis | Valuation | Revelstoke Capital Partners |
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| Dec, 1999 | Amount | Series C - Health Axis | Valuation | Brown Simpson Asset Management |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Health Axis
Health Axis has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Revelstoke Capital Partners, Brown Simpson Asset Management and Virgo Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Healthcare investments are managed by Revelstoke to accelerate growth.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Private equity firm investing in technology and software companies for growth acceleration.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Health Axis
Health Axis has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Analytics Partners. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Healthcare reporting and analytics solutions are provided for medical organizations.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Health Axis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Health Axis Comparisons
Competitors of Health Axis
Health Axis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perfios, Laguna, Mighty, ABI Health and Osigu, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
AI-based patient care management solutions are provided for hospitals.
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| domain | founded_year | HQ Location |
Software solutions for legal funding management are provided.
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| domain | founded_year | HQ Location |
AI-driven solutions for healthcare operations are provided.
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| domain | founded_year | HQ Location |
Online claims processing is facilitated for the insurance industry.
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| domain | founded_year | HQ Location |
Analytics-driven payment accuracy solutions for healthcare payers are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Health Axis
Frequently Asked Questions about Health Axis
When was Health Axis founded?
Health Axis was founded in 1965 and raised its 1st funding round 34 years after it was founded.
Where is Health Axis located?
Health Axis is headquartered in Irving, United States. It is registered at Irving, Texas, United States.
Is Health Axis a funded company?
Health Axis is a funded company, having raised a total of $57M across 2 funding rounds to date. The company's 1st funding round was a Series C of $57M, raised on Dec 07, 1999.
What does Health Axis do?
Health Axis was founded in 1965 and is headquartered in Irving, United States. Operations focus on the healthcare IT sector, where SaaS-based benefits administration solutions are delivered to providers and payers. Claims processing products and services are offered to support cost reduction and operational efficiency. Key tools encompass benefits administration systems, enrollment and member management web portals, post-adjudication services, smart front-end services, and provider management services.
Who are the top competitors of Health Axis?
Health Axis's top competitors include Perfios, ABI Health and Cotiviti.
What products or services does Health Axis offer?
Health Axis offers AxisCore, BPaaS and BPO, Staff Augmentation, and Consulting.
How many acquisitions has Health Axis made?
Health Axis has made 1 acquisition, including Analytics Partners.
Who are Health Axis's investors?
Health Axis has 3 investors. Key investors include Revelstoke Capital Partners, Brown Simpson Asset Management, and Virgo Capital.