LLR Partners has invested in AxisCare, with existing investor Frontier Growth retaining its stake and remaining an active partner.
The investment will support AxisCare’s ongoing product development and organizational expansion as the company scales its platform for home care agencies. The company recently introduced AxisCare Intelligence, a suite of AI-powered tools designed to streamline scheduling, documentation, compliance and business analytics. AxisCare provides a software platform that helps home care agencies manage scheduling, caregiver operations, electronic visit verification (EVV), client engagement and administrative workflows. The company also offers revenue cycle management services for government reimbursement programs, including Medicaid and Veterans Affairs, as well as private-pay billing and payment collection services.
Houlihan Lokey served as financial advisor to LLR Partners on the transaction.