Funding profile · Home health operations software

Axle Health

Axle Health has announced a $4.2 million seed round and a $10 million Series A, but no Form D for the company appears in SEC EDGAR. Here is what the press releases claim, and what the public filing record does not show.

$10.0MSeries A announced, May 2025, company-reported
$4.2MSeed round announced, Feb 2024, company-reported
$4.4M to $7.0MTotal funding as of early 2024, two different company-reported figures
0Form D filings on record for Axle Health in SEC EDGAR

Data as of September 25, 2026. Company-reported figures are labeled.

Rounds at a glance

When Round Amount Investors Source
2021 Y Combinator, Winter 2021, plus a seed round Not disclosed Y Combinator, Pear VC Company-stated
Feb 2024 Additional seed financing $4.2M, bringing the company’s reported total to $4.4M Led by TRAC VC, with existing investor Pear VC Company release
Mar 2024 Same round, described in a founder interview Total funding to date given as $7.0M Pear VC, Y Combinator, TRAC VC and others Conflicts with Feb 2024 release
May 2025 Series A $10.0M Led by F-Prime, with Y Combinator, Pear VC and Lightbank Company release

What the filings show

No Form D on record

Search
SEC EDGAR company search for Form D filers, name field “axle” and variants including “axle health”
Result
Four companies match “axle”: Axle Labs Inc, Axle Technologies Inc, Axlehire Inc and Axlen Inc. None is Axle Health, and no separate entity named Axle Health or a related single-purpose vehicle appears
Coverage
Companies that raise under Section 4(a)(2) rather than Regulation D file no Form D at all, so this absence does not by itself mean no securities were sold
Filing
SEC EDGAR company search, accessed Sep 25, 2026

Reading the record

  1. Two different totals, three weeks apart.Axle’s own February 22, 2024 release said the new $4.2M brought its total raised to $4.4M. A founder interview published by LA TechWatch on March 5, 2024, less than two weeks later, put the company’s total funding at $7.0M instead. Neither figure has been withdrawn or reconciled in later company materials.
  2. The Series A has no visible paper trail.A $10 million equity raise led by an institutional investor would ordinarily generate a Form D within 15 days of the first sale. As of September 2026, sixteen months after the May 2025 announcement, no such filing is visible under Axle Health’s name in EDGAR.
  3. The company’s earliest capital is undocumented by design.Axle’s 2021 seed round, raised alongside its Y Combinator batch, was never disclosed by amount. That is common for early angel and YC-era rounds, but it means the $4.4M to $7.0M range for 2024 cannot be broken into a seed figure and a Series seed figure without company cooperation.
  4. No related-persons or board data is available.Because no Form D has been filed, there is no public record naming Axle’s directors, executive officers or the size of individual investor checks, the kind of detail a filing like this ordinarily supplies.

Commercial signals

Signal Detail Source type
Revenue Surpassed $1M ARR in the first 12 months after its 2023 SaaS launch. Reported 900 percent revenue growth over fiscal year 2024 in the Series A release, and told Business Insider revenue grew roughly tenfold in the prior year. Company-stated
Business model change Operated as a direct home health services provider in all 50 states before shutting that business down in 2023 to sell its scheduling software instead. Independent
Customer evidence Cityblock Health named as an early customer with a reported 17 percent productivity gain; a second, unnamed customer cut missed visits by 55 percent. Investor interview
Intellectual property Described as a “patented logistics engine” in company materials and a 2024 interview, but as “patent-pending” in the May 2025 Series A release and by an investor quoted in it. Conflict
EMR integrations Integrated with Epic and Athenahealth as of Feb 2024, with broader EMR, CRM and HR connectivity claimed via API. Company-stated

What to watch

  • A Form D for the Series A, or for any prior round, appearing under Axle Health’s name in EDGAR.
  • A reconciled total funding figure that resolves the $4.4M versus $7.0M gap.
  • Named board members, officers or lead-investor board seats, none of which are publicly documented today.
  • Disclosed dollar revenue figures to go with the percentage growth claims.

The Axle Health story on Healthcare DiscoveryHealthcare Discovery

Related companies

  • Carrot Fertility: Shared investor: F-Prime. A benefits platform that sits beside an employer health plan and pays for fertility and family building care
  • Osmind: Shared investor: Pear Vc. An electronic health record for psychiatry practices delivering ketamine, esketamine and TMS, and a real world evidence business built on what those practices record
  • Egress Health: Shared investor: Pear Vc. AI agents built to chase down what dental practices are owed by insurance companies, starting with eligibility checks, claims and denials
  • Zenflow: Shared investor: F-Prime. A small nitinol coil that props open the prostatic urethra, delivered through a flexible scope and removable at any time

Sources

  1. Public recordEDGAR company search, Form D filers matching “axle”SEC EDGAR · accessed Sep 25, 2026
  2. CompanyY Combinator Alum Axle Health Raises $4.2M to Scale Its Home Health Care Software PlatformBusiness Wire · Feb 22, 2024
  3. IndependentAxle Health Raises $4.2M To Solve Home-Based Care’s Scheduling ProblemHome Health Care News · Feb 22, 2024
  4. InterviewAxle Health Raises $4.2M for its Scheduling and Workforce Management Platform for the Home Healthcare IndustryLA TechWatch · Mar 5, 2024
  5. CompanyAxle Health Secures $10M in Series A Financing to Revolutionize Home Health OperationsPR Newswire · May 22, 2025
  6. IndependentAxle Health Raises $10M To Accelerate AI Home-Based Care Tech DevelopmentHome Health Care News · May 22, 2025
  7. IndependentCheck out the exclusive 18-slide pitch deck an ex-Uber leader used to raise $10 million to build AI for home healthcare techBusiness Insider · May 22, 2025
  8. Legal counselAxle Health Announces $10M Series A to Advance Home Health OperationsGunderson Dettmer client news · May 22, 2025
  9. InterviewAdam Stansell, CEO and Founder of Axle Health, bringing operational excellence to home healthPear Healthcare Playbook · Jul 16, 2025
  10. IndependentY Combinator company Axle Health is bringing on-demand home testing services to telehealth providersTechCrunch · Feb 23, 2021

Compiled from SEC records and published reports as of September 25, 2026. Form D notices report offerings under Regulation D and their absence does not confirm no capital was raised. Healthcare Venture Capital Fund holds no position in Axle Health. This page is not an offer to sell or a recommendation to buy any security.