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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 25%

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, Usage-Based SaaS, Services & Consulting

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 Comparables

Compare RAAPID INC with similar companies based on industry and business-model similarity.

RAAPID INC comparables — related companies by embedding similarity
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Foresee Medical, Inc.
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Datavant
81%
Reveleer
80%

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

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.

Recent news

Latest coverage and updates

  • recognized_asAug 26, 2026

    RAAPID, Inc. recognized as top spot on Aug 26th '26.

  • recognized_asJul 22, 2026

    RAAPID, Inc. recognized as Healthcare AI Certified Software.

RAAPID INC Filings

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RAAPID INC filings preview — column headings only; records require access
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Frequently Asked Questions

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

Is RAAPID INC a public or private company?

RAAPID INC is a private company.

What is the current stock price of RAAPID INC?

RAAPID INC is a private company with no public stock price. No recent secondary market data is available.

How much is RAAPID INC worth (valuation)?

Valuation information for RAAPID INC is not publicly available.

Can I buy RAAPID INC stock?

RAAPID INC shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was RAAPID INC's last funding round?

RAAPID INC's most recent funding round was Series A Extension on March 18, 2026.

Who are the main investors in RAAPID INC?

Key investors in RAAPID INC include M12 - Microsoft's Venture Fund, UPMC Enterprises.

Will RAAPID INC IPO soon?

No public IPO plans have been announced for RAAPID INC.

How can I track RAAPID INC secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor RAAPID INC's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersLouisville, Kentucky
Employee Range137
Year Founded2021
Last FundingMar 18, 2026

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