Auxa Health Secures $5.2M in Funding for AI Benefit Navigation Technology and Expansion

Auxa Health Raises $5.2M in Seed Funding

Auxa Health Raises $5.2M in Seed Funding

Key Highlights:

  • Seed Funding: NYC-based Auxa Health secures $5.2 million in seed funding.
  • Investors: Funding led by Zeal Capital Partners, with participation from AlleyCorp, K50 Ventures, Laconia Capital Group, and Chaac Ventures.
  • Technology Development: Funds will be used to further develop Auxa Health's AI-powered benefit navigation technology.
  • Expansion and Team Growth: Auxa Health aims to expand benefit coverage and grow its team.

Auxa Health's Target Market

  • Healthcare Payers: Insurance companies and health plans seeking innovative benefit navigation solutions.
  • Healthcare Providers: Hospitals, clinics, and healthcare organizations looking to streamline benefit navigation for their patients.
  • Employers: Companies and organizations offering employee benefits and seeking efficient benefit management solutions.

What Auxa Health Needs to Buy

  • Technology Development Partners: Collaborating with AI and technology companies to enhance and expand their benefit navigation platform.
  • Strategic Partnerships: Partnering with health plans, state and federal programs, and community organizations to expand benefit coverage and reach.
  • Talent Acquisition: Hiring professionals with expertise in healthcare technology, benefit navigation, and care management.