Aspire Health, the nation's largest provider of non-hospice community-based palliative care, has expanded to nine additional states and recently closed a $32 million funding round led by GV (formerly Google Ventures) to support the company's continued growth and expansion. To date, Aspire has cared for more than 15,000 patients facing a serious illness and is providing over 100,000 home-based palliative care visits annually. Aspire now serves patients in 19 states and the District of Columbia. Aspire's new funding will not only allow Aspire to continue expanding its services geographically, but will also allow Aspire to continue refining its clinical intervention. "We are very excited to have GV, one of the most innovative organizations in the country, as a new investor," said Brad Smith, co-founder and CEO of Aspire Health. "Their investment will allow Aspire to continue improving the way we care for our patients, including enriching our use of innovative data analytics and technology to enhance the support our clinicians can provide patients at home."

Pain management solutions provider Axial Healthcare, which is located downtown in Cummins Station, has received a $16.5 million infusion in Series B financing, led by Connecticut-based Oak HC/FT. The money is earmarked to help Axial build out services including a cloud-based decision-support system for providers to simultaneously address pain while being mindful of increasing opioid addiction rates.

Contessa Health has raised $7 million in Series B financing from a group that includes Nashville Capital Network. This latest round of funding was led by Atlanta-based Noro-Moseley Partners. The company, which allows patients to receive hospital-level care in a home setting, will use the funding to continue to scale its services to meet increasing demand as the delivery system moves away from fee-for-service payment models.