When was Adonis founded?

Adonis was founded in 2022 and raised its 1st funding round within a year of its incorporation.

Where is Adonis located?

Adonis is headquartered in Manhattan, United States. It is registered at 36 Russ St, 3d Floor #354, Hartford, United States, 06106-1520, CT.

How many employees does Adonis have?

As of Apr 30, 2026, the latest employee count at Adonis is 235.

Is Adonis a funded company?

Adonis is a funded company, having raised a total of $95M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 14, 2022.

When was the latest funding round of Adonis?

Adonis' latest funding was a $***** Series C round on Mar 25, 2026, with participation from 3 investors.

Where does Adonis rank among its competitors?

Adonis ranks 4th amongst 850 active competitors, of which 97 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Adonis, which secured $40M in Mar, 2026.

Who are the top competitors of Adonis?

Adonis' top competitors include R1 RCM, Medusind and Volantio. Among them, Adonis secured the most recent funding round in March, 2026.

Adonis - 2026 Company Profile, Team, Funding & Competitors

Adonis is a series C company based in Manhattan (United States), founded in 2022 by Akash Magoon and Aman Magoon. It operates as a Provider of revenue cycle management services for healthcare industry. Adonis has raised $95M in funding from investors like General Catalyst, Quadrille Capital and Point72 Ventures. The company has 850 active competitors, including 97 funded and 125 that have exited. Its top competitors include companies like R1 RCM, Medusind and Volantio.

Company Details

Website: www.adonis.io/
Social
Registered Address: 36 Russ St, 3d Floor #354, Hartford, United States, 06106-1520, CT

Key Metrics

Founded Year

2022

Location

Manhattan, United States

Stage

Series C

Total Funding

$95M in 4 rounds

Latest Funding Round

Series C, Mar 25, 2026, $*****

Investors

General Catalyst & 13 more

Ranked

4^th among 850 active competitors

Employee Count

235 as on Apr 30, 2026

Similar Companies

R1 RCM & 450 more

View Adonis' full profile

Adonis is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ADONIS TECHNOLOGY, INC. CIN: 0018y000009JhiaAAC , United States, Active	Jun 27, 2023	-	-	-

Adonis has raised a total funding of $95M over 4 rounds. Its first funding round was on Oct 14, 2022. Its latest funding round was a Series C round on Mar 25, 2026 for $*****. 3 investors participated in its latest round. Adonis has 14 institutional investors.

Here is the list of recent funding rounds of Adonis:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 25, 2026	6886162	Series C	2644906	8842956	4040199	8433382
Jun 25, 2024	5759206	Series B	3987208	6759138	5343749	Kin Ventures & 3 more
May 17, 2023	2091244	Series A	5048168	4360347	General Catalyst	Bling Capital & 2 more

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View details of Adonis's funding rounds and investors

The founders of Adonis are Akash Magoon and Aman Magoon.

Here are the details of Adonis' key team members:

Akash Magoon: Co-Founder and Chief Executive Officer of Adonis and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Aman Magoon: Co-Founder & Chief Product Officer of Adonis.

View details of Adonis's Founder profiles and Board Members

Adonis' employee count trend

Adonis has 235 employees as of Apr 26. Here is Adonis's employee count trend over the years:

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Top competitors of Adonis include R1 RCM, Medusind and Volantio. Here is the list of Top 10 competitors of Adonis, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	R1 RCM 2003, Chicago (United States), Acquired	Provider of AI-driven solutions for healthcare revenue cycle management and operations	-	Ares Capital Corporation, Kedaara & 1 others	69/100
2nd	Medusind 2002, Miami (United States), Acquired	Platform offering revenue cycle management solutions	-	SAB Holding, Miniconinsulatedwires & 21 others	68/100
3rd	Volantio 2008, Atlanta (United States), Series A	AI-enabled inventory optimization and e-commerce solutions for airlines	$9.35M	Qantas, International Airlines Group & 10 others	64/100
4th	Adonis 2022, Manhattan (United States), Series C	Provider of revenue cycle management services for healthcare industry	$95M	Max Ventures, General Catalyst & 12 others	64/100
5th	Xifin 1997, San Diego (United States), Acquired	Cloud-based billing & revenue cycle management solutions for diagnostic service providers	$6M	Windward Ventures, Avista Healthcare Partners ... & 4 others	63/100
6th	Zentist 2015, San Francisco (United States), Series C	Provider of billing solutions for dentists	$14M	Costanoa, 500 Global & 10 others	62/100
7th	Janus AI 2020, Chicago (United States), Series B	AI and SaaS-based revenue cycle management tool for healthcare providers	$64M	Enhanced Healthcare Partners, Ensemble Health Partners ... & 3 others	61/100
8th	AKASA 2018, San Francisco (United States), Series B	Provider of revenue cycle automation platform for healthcare	$85M	Andreessen Horowitz, Bond Capital & 5 others	61/100
9th	Infinx 2010, San Francisco (United States), Seed	Provider of platform for revenue cycle management	-	Norwest, KKR	61/100
10th	GeBBS 2005, Los Angeles (United States), Acquired	Provider of RCM services	-	-	60/100