Auxira Health, a virtual cardiology company, has raised $7.8 million in seed funding, which will help expand its footprint, the startup announced Monday.
Auxira Health, based in Columbia, Maryland, was jointly developed by healthcare provider MedStar Health and investment firm Abundant Venture Partners. The startup partners with cardiology practices and health systems and incorporates virtual teams of advanced practice professionals, physician assistants and registered nurses as an extension of the in-person care team. Each team member trains in person with doctors before moving to virtual care.
“Once implemented, Auxira’s virtual care model helps practices shorten wait times, streamline follow-up workflows, reduce documentation burden, and increase the number of patients each cardiologist can safely manage… By integrating virtual capability into the heart of the care team, Auxira enables cardiologists to focus on complex decision-making, long-term relationships, and the moments that matter most to patients, while ensuring reliable, reliable support is available. quality is available 24/7,” said Inna Plumb, co-founder and CEO of the company, in an email.
The $7.8 million round was led by Route 66 Ventures and Abundant Venture Partners and included participation from DigiTx Partners, American Heart Association Ventures, Ensemble Innovation Ventures and City Light Capital.
“Auxira is addressing one of the most pressing challenges in healthcare: how to expand access to high-quality cardiology care without compromising the patient experience,” Arif Sorathia, partner at Route 66 Ventures, said in a statement. “Growing clinical need is putting tremendous pressure on the U.S. cardiology system, and Auxira’s approach helps practices respond to that need while providing physicians with the support they need to care for their patients.”
The financing will help Auxira Health expand to additional cardiology partners, improve its technology infrastructure and hire more physicians and support staff, according to the announcement. It plans to support more than 100 cardiologists by mid-2026. The company will also increase its service offerings and eventually expand into specialties beyond cardiology, Plumb said.
Auxira Health’s fundraising announcement comes as cardiology faces a “capacity crisis,” Plumb added. Demand is increasing rapidly as millions of people age and have Medicare, but the supply of cardiologists remains static.
“Patients often wait weeks or months for appointments, and cardiologists are forced to choose between managing increasing volumes, completing paperwork, or maintaining the high-touch relationships that define exceptional care,” Plumb said. “This mismatch between demand and capacity is one of the most pressing challenges in specialty medicine. Auxira aims to solve this problem by expanding the reach of each cardiologist through integrated virtual teams that take on routine tasks, manage follow-up care and ensure patients receive timely care.”
Other virtual cardiology startups include Heartbeat Health and Empallo.
Photo: eakrin rasadonyindee, Getty Images