Auxa Health, a NYC-based provider of an AI-powered benefit navigation technology solution, raised $5.2M in Seed funding.
The round was led by Zeal Capital Partners with participation from existing investor AlleyCorp and new investors K50 Ventures, Laconia Capital Group, and Chaac Ventures.
The company intends to use the funds to further develop its technology, expand benefit coverage, and grow the team.
Led by Monica Chopra, Samantha Adelberg, and Dr. Jeffrey De Flavio, Auxa Health is a care management co-pilot that supports benefit navigation. Its payer-agnostic platform demystifies benefit and drug coverage details, surfaces eligibility and prior authorization requirements, and enrolls patients into high-value health benefits across health plans, state and federal programs, and community organizations.
