Axle Health, a Los Angeles, CA-based provider of scheduling and workforce management software for home health care, has closed $4.2 million in seed funding, bringing its total raised to $4.4M.
SaaS Investors
The round was led by Pear VC, with additional funding led by TRAC VC and participation from existing investors.
Founded in 2013, Pear is a venture capital firm specializing in pre-seed and seed. Based in San Francisco, California, the firm prefers to invest in consumer, business-to-business, healthcare, enterprise, biotech, climate tech, fintech, SaaS, deep tech, and web3 sectors.
Axle Health Use of Funds
The company will use the funding to hire additional software and machine learning engineers to enhance the software platform.
About Axle Health
Axle Health provides scheduling and workforce management software for home healthcare providers. The Axle platform includes a mobile app for clinicians, an operations dashboard for office teams, proprietary logistics algorithms to optimize scheduling, and a patient engagement and booking solution. Axle is integrated with a wide range of EMRs, and the entire Axle product can be customized and accessed modularly via API. The company was founded in 2020 and participated in the Y Combinator accelerator in 2021.
Funding Details
Company: Axle Health, Inc.
Raised: $4.2M
Round: Seed Round
Funding Month: February 2024
Lead Investors: Pear VC
Additional Investors: TRAC VC
Company Website: https://www.axlehealth.com/
Software Category: Scheduling and Workforce Management Software
Source: https://www.businesswire.com/news/home/20240222776358/en/