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Raapid INC

raapidinc.comLinkedIn
Louisville, US

RAAPID INC is a healthcare technology provider specializing in risk adjustment and medical coding solutions. They offer a range of services including HCC coding, chart review, and audit services, utilizing advanced AI technologies to enhance efficiency and compliance for healthcare organizations. Their clients include health plans, providers, and coding companies, who rely on RAAPID to improve their coding accuracy and operational effectiveness.

Employees
138
Founded
2022
Ownership
venture capital
Est. revenue
$24.6M

Headcount

138
+14%6 mo
+22%1 yr

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Website visitors

48,120
+14%6 mo
+22%1 yr

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Workforce

Headcount by location

  • India78%
  • United States22%

Split by department

  • Engineering & R&D42%
  • Healthcare11%
  • Sales7.3%
  • Founder, Owner & Executive5.7%
  • Other34%

Seniority distribution

  • Less than 5 years83%
  • 5 to 10 years12%
  • 20 to 30 years3.4%
  • 10 to 20 years0.8%
  • 30 years and more0.8%

Funding

DateTypeAmountInvestors
  • 9 Apr 2026Undefined FundingUndisclosedHealthworx
  • 18 Mar 2026Series AUndisclosedM12, Microsoft's Venture Fund, Upmc

One earlier round, with its terms and sources.

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Investors

InvestorCompanies backedCountry
  • M12, Microsoft's Venture FundM12 is a venture capital fund that invests in early-stage technology startups. It focuses on sectors such as deep tech, AI, and cybersecurity, providing financial support and access to Microsoft’s resources to help these companies innovate and grow.198United States
  • UpmcUPMC is a not-for-profit health care provider and insurer based in Pittsburgh, offering a comprehensive range of medical services including hospitals, outpatient care, and specialized treatments. UPMC serves patients and communities across121United States
  • HealthworxHealthworx is a healthcare innovation and investment firm dedicated to improving healthcare accessibility, affordability, and quality. They operate through various branches, including an accelerator for startups and a venture arm for investing in36United States

Revenue

$24.6M
+14%6 mo
+22%1 yr

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EBITDA

24.8M
+14%6 mo
+22%1 yr

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Revenue source: Modeled estimate

Recent news

  • 7 best medicare risk adjustment software tools for 2026.
    pctechmag.com · 26 Aug 2026
  • From black box to "glass box": How RAAPID is bringing explainable AI to healthcare risk adjustment.
    blogs.microsoft.com · 22 Jul 2026

8 more articles, with their sources and categories.

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People

How the team has changed month by month — joiners, leavers and where the hiring is going

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