At times we come across a topic where AV8’s healthcare and enterprise practices augment each other. Digitization and workforce development in healthcare is one of these topics that we have been studying with an eye towards finding companies that improve the cost and efficiency in healthcare delivery.

Digital credentialing and identity management is such a topic where our enterprise team is well versed in modern approaches. But, in healthcare each provider in the US (nurses, doctors, etc.) still file piles of paper annually in order to get recredentialed. Hospitals employ armies to process these documents while providers are on hold for the process to complete, which can take weeks. None of this helps critical provider shortages across the US or the exploding healthcare costs.

We were, therefore, quite excited to meet the team at Axuall that developed a secure digital solution to streamline workforce deployment, drive efficiencies, and maximize revenue for healthcare providers. The customer enthusiasm – particularly with providers – has been understandably high, with some of the largest systems implementing the solution. Hence, today we are excited to announce our investment in Axuall’s Series A financing alongside Flare Capital Partners, Intermountain Ventures, University Hospitals Ventures, Medstar Health, Epsilon Health, InHealth Ventures, Jumpstart, M25 Ventures, and North Coast Ventures.

The Axuall team not only built, tested, and piloted their platform with three major health systems, but they also put the provider at the center of the platform. They offered full autonomy to providers and listened to them to deliver a seamless and engaging experience. How often can that be said about the platforms we interact with in healthcare? It is no surprise that Axuall is already working with some of the largest and most innovative health systems in the country.

This ideal combination of a big unmet need and a tailored scalable platform to address it would not have been possible without this team. Charlie is no stranger to building successful data companies and he has brought the old Explorys team back together to tackle another large problem in healthcare. We are so excited to be on this journey with Charlie and the team, and can’t wait to turn a page in improving provider workforce intelligence and efficiency.

The company is currently hiring for a number of roles which can be found here.