Revenue intelligence and automation company Adonis raised $40 million in Series C funding, led by investment firm Quadrille Capital.
Adonis deploys a combination of tools that proactively monitor and detect revenue cycle issues, recommend tailored actions and autonomously progress claims to resolution, according to a March 25 news release.
“By intelligently identifying and prioritizing critical exceptions, Adonis unlocks meaningful financial value and empowers our team to focus on the highest-impact opportunities,” Salonia Brown, New York City-based Mount Sinai’s system vice president of revenue cycle, said in the release.
The company has now raised more than $95 million since its founding in 2022. Quadrille Capital was joined by existing investors General Catalyst and Bling Capital in the latest funding round.
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