Latest round

Series A

Last raised

Mar 2026

Total raised

$6.7M

Investors

2

About Raapid

Founded in 2022 and based in Kentucky, US, Raapid Inc. focuses on AI technologies for healthcare. The company was founded by its CEO, Chetan Parikh. RAAPID Inc. specializes in neuro-symbolic AI technologies aimed at healthcare risk adjustment. The company's core offerings include advanced tools for Hierarchical Condition Category (HCC) coding, comprehensive chart review, and medical records audit services. The firm’s primary products, such as HCC Capture, HCC Compass, HCC Sage, and HCC Triage, utilize Natural Language Processing (NLP) to transform both unstructured and structured patient data from various sources into actionable insights. These products are designed to improve diagnostic accuracy, enhance clinical decision-making, and optimize financial performance for healthcare providers, health plans, and medical coding companies. Raapid serves a diverse clientele, including healthcare payers and providers. The company generates revenue through a combination of subscription-based models and service contracts with healthcare organizations. The company charges fees based on the services utilized, such as chart audits and coding compliance, structured as monthly subscriptions or project-based billing.

Who invested in Raapid

2 investors across 2 rounds

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Funding rounds

  1. Series A

    Mar 18, 2026

    Amount

    Undisclosed

    Investors

    Locked

  2. Series A

    Dec 23, 2024

    Amount

    $6.7M

    Investors

    Locked

Questions about Raapid

Who invested in Raapid?

Raapid has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Raapid raised?

Raapid has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Raapid last raise money?

Raapid's most recent round on record is a Series A, in Mar 2026.

What does Raapid do?

Founded in 2022 and based in Kentucky, US, Raapid Inc.

Where is Raapid headquartered?

Raapid is headquartered in Louisville, US.

Which VCs invest in companies like Raapid?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Raapid's stage. Their profiles are linked below.

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