ExaCare AI, a leading innovator in post-acute care automation, announced the closing of a $30 million Series A funding round led by global software investor Insight Partners, with participation from Foundation Capital, Bienville Capital, and several post-acute operators. The new funding will accelerate the company’s development of intelligent decision-making tools, clinical insights, reimbursement automation, and its go-to-market strategy. The company also announced the addition of five senior advisors to guide its expanding product roadmap.
Serving over 1,500 post-acute care facilities—including National Healthcare Associates, Journey Healthcare, Ignite Medical Resorts, Monarch Healthcare Management, and Majestic Care—ExaCare AI helps admissions teams make rapid, data-driven placement decisions in skilled nursing and home care settings. By leveraging advanced automation, the platform transforms the traditionally manual and fragmented admissions process into a streamlined, auditable workflow that improves efficiency, accuracy, and patient outcomes.
Across post-acute care, admissions teams must often make life-altering decisions under time pressure and with incomplete information. Referral packets are typically long, unstructured documents that can obscure critical clinical details. This leads to operational inefficiencies, communication breakdowns, longer wait times, and revenue loss. ExaCare AI directly addresses these challenges by ingesting referral packets, surfacing key clinical information, standardizing decision criteria, and reducing back-and-forth communication—enabling faster, safer admissions.
The company’s next-generation platform, powered by proprietary AI models built for post-acute care, aims to become an “AI operating system” for the sector. ExaCare AI’s suite of intelligent agents assists facilities with admissions, reimbursement, clinical decision-making, survey readiness, and documentation. Each agent automates specialized functions—from triaging referral packets and guiding coding for reimbursement to ensuring inspection readiness and maintaining standardized, reviewable records. These features not only reduce administrative workload but also give care teams more time to focus on patients.
The company has also announced the appointment of five new advisors with deep expertise in post-acute operations: Ephram Ostreicher (COO, National Healthcare Associates), Bernie McGuinness (President and CEO, Journey), Austin Steele (Chief Strategy Officer, Journey), Tim Fields (Co-founder and CEO, Ignite Medical Resorts), and Renee Pruzansky (Vice President of Strategy and Business Development, Infinite Care). These leaders will work closely with ExaCare to align product development with the real-world needs of caregivers and administrators.
KEY QUOTES:
“Our vision is to build an AI operating system for all of post-acute. Powerful AI agents will work alongside every team to turn scattered data into clear next steps. When every decision is auditable, every handoff is complete, and every workflow adapts in real time, caregivers can focus entirely on people and outcomes. I spent three and a half years with a brain injury in and out of medical care. Creating this new world is personal for me, and it is why we are investing deeply in proprietary models that are purpose built for this setting.”
Laird Russell, Co-founder and CEO, ExaCare AI
“Post-acute providers operate under razor-thin margins and chronic staffing shortages, which have a real impact on health outcomes. ExaCare’s agentic AI platform is addressing this head-on by making admissions simpler, more reliable, and measurably faster for operators and the people they serve. Laird and the ExaCare AI team are relentless in their mission to improve post-acute care, and we’re thrilled to back them on their journey.”
George Mathew, Managing Director, Insight Partners
“Together with Carta, we unlock what private credit fund managers have long been missing: an interoperable solution connecting underlying asset data with their most critical fund workflows and reporting. Our shared vision is to give every private credit fund, regardless of size, access to purpose-built technology and real-time data to transform how they operate. We look forward to continuing to execute on this vision alongside the Carta team.”
Trevor Cook, Chief Executive Officer, Sirvatus
