General Catalyst led a $17m Series A round in Adonis.

General Catalyst, a venture capital firm, led a $17m Series A round in Adonis, a revenue intelligence and automation platform, with participation from Bling Capital, Max Ventures, and Homebrew. "Healthcare organizations are tasked with the profound responsibility of managing patient outcomes. Adonis relieves operations teams of the burden of revenue cycle by offering a platform that is modular enough to solve individual pain points while being broad enough to own end-to-end financial operations. Nearly $1 in every $7 spent on healthcare is attributed to revenue collection and other insurance related activities. By driving this cost down, Adonis is poised to make the system more efficient," Aman Magoon, Adonis CPO and Co-Founder.