Check out today’s featured companies who have recently raised a round of funding, and be sure to check out the full list of past healthcare IT fundings.
Flourish Care Raises Oversubscribed $5.7 Million Seed Funding to Make Doula Care the Standard in Maternal Health
- Leading Insurance-Covered Doula Network with Hybrid In-Person and Virtual Support Expanding Nationwide
- Flourish Care Meeting Demand as Majority of States Rapidly Mandate Insurance Reimbursement for Doula Care, Removing the Biggest Barrier to Maternal Support
Flourish Care, the maternal healthcare platform with the leading doula network, today announced $5.7 million in oversubscribed seed financing led by Zeal Capital Partners with participation from Create Health Ventures, Collide Capital, Rogue Women’s Fund, Symphonic Capital, Slater Technology Fund, Catalytic Impact Foundation, Capita3, and others.
Forty-six states are actively reimbursing or in the process of implementing doula coverage, and Flourish Care is scaling nationwide to meet demand, with a new model of maternity care that integrates credentialed, community-based doulas into the healthcare system. Flourish Care is now available to more than 20 million covered lives through national and regional commercial health plans and Medicaid.
“When I was pregnant with my first child, I saw how much of maternal care happens between clinical visits and how unsupported women feel in those gaps. Now, with almost every state enacting reimbursement pathways for doula care, we have built the infrastructure to make sure every family can access that support,” said Melissa Bowley, Founder and CEO at Flourish Care. “Maternal healthcare significantly improves when a doula is involved, yet they have been out of reach for too many families. That ends now as we expand nationwide.”
Before Flourish Care, Bowley spent two decades as a biomedical engineer working on medical devices for women’s health and regenerative medicine. After using a doula during her first pregnancy, Bowley made it her mission to make continuous, personalized doula support the standard of care.
Flourish Care has one of the largest high-quality doula networks in the country and has supported thousands of families since its founding in 2020. The technology platform matches families with doulas, delivers a hybrid of virtual and in-person support, and powers referrals, care coordination, and insurance reimbursement. By easily integrating into the existing workflows of health plans, obstetrics, hospitals, federally qualified health centers (FQHCs), and community organizations, Flourish Care helps improve maternal outcomes and…
Full release here, originally announced March 23rd, 2026.
Adonis Raises $40M Series C to Equip Healthcare Providers with AI‑Driven Revenue Cycle Operations
Funding Round Brings Adonis’ Total Funding to Over $95M, Helping Provider Groups and Health Systems Operate More Efficiently Amid an Evolving Payment Landscape
Adonis, a leading AI orchestration platform for revenue cycle management (RCM), today announced it has raised $40 million in Series C funding led by Quadrille Capital with continued support from existing investors General Catalyst and Bling Capital. The round brings Adonis’ total funding to over $95 million since the company’s founding in 2022, marking a milestone year in which the company achieved more than 4x revenue growth in 2025 and net retention above 130%. The sustained growth reflects growing investor confidence in technology built to address the structural challenges facing healthcare providers’ revenue operations.
The announcement comes at an inflection point for the healthcare industry. Recent policy changes, including the passage of the One Big Beautiful Bill, have reshaped Medicaid and ACA subsidies, increasing the number of uninsured and self-pay patients while adding complexity to reimbursement requirements. As denial rates rise and payer policies continue to evolve, revenue cycle teams are under mounting pressure to manage an increasingly complex reimbursement environment where shifting policies, proliferating plan designs, and changing patient coverage make securing payment more difficult than ever.
As the leading AI orchestration platform for RCM, Adonis deploys a combination of its Intelligence and AI Agent products that proactively monitor and detect revenue cycle issues, recommend tailored actions, and autonomously progress claims to resolution. Healthcare organizations can now level the playing field with payers, stabilize and increase revenue, and reduce the operational burden on staff.
“Mount Sinai Health System, like many leading health systems across the country, continues to navigate an increasingly complex revenue cycle landscape, marked by evolving payer policies, rising denial rates, and ongoing workforce constraints. In this challenging environment, Adonis has emerged as a transformative partner,” said Salonia Brown, System Vice President of RCM at Mount Sinai Health System. “With Adonis’ AI-driven platform, we’ve reimagined how revenue cycle operations are executed. By intelligently identifying and prioritizing critical exceptions, Adonis unlocks meaningful financial value and empowers our team to focus on the highest-impact opportunities. Adonis is setting a new standard for how health systems operate, and we believe this is just the beginning of a fundamentally different future for RCM.”
“The pressure on healthcare organizations is only intensifying,” said Akash Magoon, Co-Founder and CEO at Adonis…
Full release here, originally announced March 25th, 2026.
No comments:
Post a Comment