IT/Software Company Servicing Health Care Industry Plans to add 75 Positions
Axuall, Inc., an innovation IT/software company providing solutions for workforce intelligence and digital credentialing in the healthcare industry, plans to grow their headquarters in the Northeast Ohio Region by adding 75 new positions. The Ohio Department of Development (ODOD) approved the project for tax credit assistance at its meeting today.
Axuall, Inc. is forecasting rapid adoption of its platform by healthcare systems, staffing firms, telehealth organizations, and health plans. Axuall’s data network provides insights for network planning, analytics, and reporting, while access to this data has proven to dramatically reduce onboarding and enrollment time for its recipient organizations. The company’s founders and management team bring a wealth of experience and past success in data and healthcare innovation, drawing from their past co-founder and leadership roles with Explorys (IBM) and Moat (Oracle).
Axuall has raised nearly $14 million in venture funding since 2019 from both local and national investors, including Flare Capital Partners, Intermountain Ventures, University Hospitals Ventures, MedStar Health, Epsilon Health, InHealth Ventures, AV8 Ventures, JumpStart, M25 Ventures, and North Coast Ventures.
“We’re thrilled to innovate alongside our investors, partners, and customers in the region,” stated Charlie Lougheed, CEO, Axuall. “Ohio is a great place to incubate, develop, and scale technology companies. We’re honored to receive the support from the Ohio Department of Development as we grow nationally.”
Local, regional and state economic development partners – including the city of Cleveland, ODOD, JobsOhio and Team NEO – worked collaboratively with Axuall leadership to build the case for expanding in the Northeast Ohio Region.
“Axuall is a homegrown success story and expanding at a critical time for innovation in the healthcare talent space — where professional staff shortages are a growing concern,” said City of Cleveland Mayor Justin M. Bibb. “We are delighted to partner with Axuall as they continue to advance the digital transformation of workforce intelligence and provide opportunities to attract and retain tech talent in Cleveland.” “The Northeast Ohio Region is a perfect match for Axuall to build its roots given the unparalleled strength of our healthcare system and our innovation ecosystem,” said Bill Koehler, Team NEO’s chief executive officer. “We are confident they will continue to grow with their innovative product for hospitals for many years to come. Along with our local partners, ODOD and JobsOhio, we congratulate Axuall on its expansion and look forward to working with the company in the future to ensure their long-term success here.”
About Axuall, Inc.
Developed with leading healthcare systems including University Hospitals, MetroHealth, and MedStar Health, Axuall is a workforce intelligence company built on a national real-time practitioner data network. It connects healthcare organizations to a vast array of data, providing insights for network planning, analytics, and reporting, while dramatically reducing onboarding and enrollment time via provider-enabled digital credentials.
About Team NEO
Team NEO is a private, nonprofit economic development organization accelerating business growth and job creation throughout the 18 counties of the Northeast Ohio Region. As the designated JobsOhio Network Partner, we align and amplify local economic development efforts in the region’s 18-counties; we conduct research and data analysis to inform local conversations and influence solutions; we market the Northeast Ohio Region; and we work to increase access to jobs, education and training for the region’s 4.3 million people. We do this to build a more vibrant regional economy; one that is more talented, equitable, competitive, innovative, resilient and prosperous. For more information, visit teamneo.org.
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.