# Akash Magoon

> Akash Magoon is the co-founder and CEO of Adonis, an AI-driven revenue cycle management platform that helps hospitals and medical practices get paid faster and stop losing money to denied claims. A University of Maryland computer science graduate, he built and scaled the benefits platform Nayya before turning his insider view of how insurers evaluate and deny claims into a company built for providers instead. He runs Adonis with his brother Aman and has raised roughly $94 million to date, including a $40 million Series C in 2026.

- **Role:** Co-Founder & CEO at Adonis
- **Organizations:** Adonis, Nayya, VentureStorm, LISLabs, Enigma Technologies, Cedar, Amazon Web Services, Bloomberg LP, 301 Ventures
- **Nationality:** American
- **Education:** B.S. Computer Science, University of Maryland
- **Known for:** Co-founded and scaled Adonis into one of the fastest-growing healthcare RCM startups in the US, Raised roughly $94 million in total funding for Adonis, including a $40M Series C in 2026, Grew Adonis revenue 4x in 2025

## Career timeline

- **2018** — Graduated from the University of Maryland with a B.S. in computer science
- **2018** — Worked as a software engineer at Enigma Technologies; earlier stints at AWS, Bloomberg LP, Cedar, and student fund 301 Ventures
- **2019** — Co-founded Nayya, an AI platform for insurance benefits, serving as CTO and board member
- **2022** — Launched Adonis with his brother Aman Magoon, focused on revenue cycle management for healthcare providers
- **2023** — Adonis raised a $17.3M Series A
- **2024** — Adonis raised a $31M Series B led by Point72 Private Investments
- **2025** — Launched agentic AI with a reported 90% autonomous issue-resolution rate; named a Top 25 Founder of 2025
- **2026** — Closed a $40M Series C, bringing total funding to roughly $94M

## Achievements

- Co-founded and scaled Adonis into one of the fastest-growing healthcare RCM startups in the US
- Raised roughly $94 million in total funding for Adonis, including a $40M Series C in 2026
- Grew Adonis revenue 4x in 2025
- Co-founded Nayya, which reached a valuation around $515 million
- Named a Top 25 Founder of 2025
- Recognized on CB Insights Digital Health 50 and DHNY's DH100
- Launched Adonis agentic AI with a reported 90% autonomous issue-resolution rate

## Latest updates

- **2026-03** — Adonis closed a $40 million Series C funding round
- **2025-01** — Named a Top 25 Founder of 2025 and launched agentic AI for autonomous billing resolution

## Links

- Website: https://adonis.io
- LinkedIn: https://www.linkedin.com/in/akash-magoon-148a3029/
- Twitter/X: https://twitter.com/akashmagoon

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Profile page: https://yespress.io/akash-magoon
Published by YesPress — https://yespress.io
Last updated: 2026-08-06