# Adonis

> Adonis is a New York-based health-tech company that builds an AI orchestration platform for healthcare revenue cycle management (RCM). Founded in 2022 by brothers Akash and Aman Magoon, the platform uses context-aware AI agents to detect revenue risks early and automate resolution across denials, delays, and payer friction - helping physician groups, hospitals, and health systems collect more of the money they are owed while spending less to do it.

- **Founded:** 2022
- **Headquarters:** New York, New York, United States
- **Founders:** Akash Magoon (Co-Founder & CEO), Aman Magoon (Co-Founder & Chief Product Officer)
- **Team size:** ~170 employees
- **Products:** Adonis Intelligence, Adonis AI Agents, Adonis Orchestration
- **Notable:** Raised $40M Series C in March 2026, bringing total funding past $95M since 2022, Reported more than 4x revenue growth in 2025, Net revenue retention above 130%

## Products & services

- **Adonis Intelligence** — An AI platform that continuously analyzes claims and payer behavior, surfaces revenue risks early, and delivers real-time insights, alerts, and recommendations across the revenue cycle.
- **Adonis AI Agents** — Context-aware agents that take autonomous action across high-friction RCM workflows - claim follow-up, denial management, prior authorization, and billing - with a human-in-the-loop design.
- **Adonis Orchestration** — Coordinated automations that connect existing systems and route work through Smart Worklists, denial clustering, and customizable dashboards to maximize the return on AI investment.

## Achievements

- Raised $40M Series C in March 2026, bringing total funding past $95M since 2022
- Reported more than 4x revenue growth in 2025
- Net revenue retention above 130%
- ApolloMD reported a 67% reduction in denials
- Fox Valley Orthopedics recouped nearly $200,000 in caught denials
- Allied Digestive Health reported 4.5x ROI in year one
- Landed Mount Sinai Health System as a customer within three years of founding

## Latest updates

- **2026-03** — Announced $40M Series C led by Quadrille Capital, with continued backing from General Catalyst and Bling Capital; total funding surpasses $95M.
- **2026-03** — Disclosed 4x revenue growth in 2025 and net retention above 130%.
- **2024** — Raised $31M Series B to expand its AI-enabled RCM platform.

## Links

- Website: https://adonis.io
- LinkedIn: https://www.linkedin.com/company/adonis-technologies
- Twitter/X: https://twitter.com/adonisrcm
- Facebook: https://www.facebook.com/adonis.rcm

---

Profile page: https://yespress.io/adonis
Published by YesPress — https://yespress.io
Last updated: 2026-07-22