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RAAPID INC

RAAPID INC

Private
Louisville, KentuckyHealthcare & Life Scienceshttps://www.raapidinc.com/

Last Round

Series A

Extension

Mar 18, 2026

Total Funding Raised

$7M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

RAAPID INC is a healthcare AI company that provides a neuro-symbolic AI platform to automate and improve healthcare risk adjustment for payers and providers.

Sector

Healthcare & Life Sciences

Verticals

Healthcare Analytics, Medical AI, Revenue Cycle, NLP & Conversational AI, Compliance

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting, Usage-Based SaaS

AI Layer

Application

Keywords

risk adjustmentHCC codingclinical NLPvalue-based careHCCrisk adjustment softwaremedical coding AIneuro-symbolic AIretrospective risk adjustmentprospective risk adjustmentRADV auditchart review automationRAF scoreMedicare Advantageclinical documentation improvementrisk adjustment factorAI as a ServiceAIaaS

Historical Pricing

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Caplight Momentum Score

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RAAPID INC Comps

Public and private peers based on sector, stage, and business model.

RAAPID INC comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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RAAPID INC Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series A ExtensionMar 18, 2026
Series AJan 10, 2025

Key People

Founding team and executive leadership

Chetan Parikh

Founder & CEO

Founding Team

Vatsal Ghiya

Chief Marketing Officer, Board Member

Executive Team

RAAPID INC Investors

Notable investors and investment history

RAAPID INC investors
InvestorRounds
HealthworxSeries A Extension
Crosslink CapitalSeries A
M12 - Microsoft's Venture FundSeries A Extension, Series A
Cervin VenturesSeries A
UPMC EnterprisesSeries A Extension
Thomvest VenturesSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 22, 2026

    Monthly visitors increased 119% MoM.

  • Mar 18, 2026

    Completed a Series A Extension funding round.

RAAPID INC Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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RAAPID INC Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about RAAPID INC's valuation, stock price, and market status.

Firmographic Details

HeadquartersLouisville, Kentucky
Employee Range127
Year Founded2021
Last FundingMar 18, 2026

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