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Adonis

AI-powered revenue cycle orchestration platform that identifies revenue risk and automates action across denials, A/R, payer friction and other high-friction workflows.
RCM PlatformAI Orchestration / Revenue OperationsPrivate
Website ↗
2022
New York, NY
Private
Growth

RevCycleAI Brief

Published research

AI-powered revenue cycle orchestration platform that identifies revenue risk and automates action across denials, A/R, payer friction and other high-friction workflows.

Denial intelligenceAccounts receivable intelligenceAI agentsRCM orchestrationUnderpayment detectionPayer behavior analyticsA/R intelligenceSmart worklists

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Key findings

Research highlights

Adonis becomes more defensible if its closed-loop data improves payer-specific action over time. The key diligence question is whether orchestration produces durable enterprise results beyond denial-worklist optimization.

ApolloMD reports a 67% reduction in denials using Adonis

Allied Digestive Health reports 4.5x first-year ROI with Adonis

Fox Valley Orthopedics reports nearly $200,000 in denials caught and recouped

RevCycleAI Intelligence Scores

Methodology
83
84
75
82

Market Matrix: Leader · Impact 80 · Capability 81

Funding & transaction history

5 tracked
2026-03-25 · Series C · $40M

AI orchestration platform for revenue cycle operations. 4x revenue growth in 2025, NRR above 130%. Round context: passage of the One Big Beautiful Bill reshaped Medicaid and ACA subsidies, increasing uninsured/self-pay volumes and adding reimbursement complexity — creating direct tailwind for AI-assisted RCM platforms.

2024-06-25 · Series B · $31M

Adonis raised $31 million in Series B financing led by Point72 Private Investments, bringing disclosed funding at that point to $54 million.

2024-06-01 · Series B · $31M

AI platform for accurate medical billing and timely payments. Automates billing workflows and identifies revenue leakage across the claims lifecycle.

2023-06-01 · Series A · $17.3M

Adonis raised a $17.3 million Series A led by General Catalyst, preceding its 2024 Series B.

2022-10-01 · Seed · $5.6M

Adonis raised $5.6 million in seed funding led by Bling Capital before its $17.3 million Series A. The exact day is not stated on the currently published company resource, so RevCycleAI records the month and flags the event date as approximate.