When was RAAPID founded?

RAAPID was founded in 2021 and raised its 1st funding round 3 years after it was founded.

Where is RAAPID located?

RAAPID is headquartered in Louisville, United States.

Who is the current CEO of RAAPID?

Chetan Parikh of RAAPID. They have also founded 1 company.

How many employees does RAAPID have?

As of Jul 31, 2026, the latest employee count at RAAPID is 133.

Is RAAPID a funded company?

RAAPID is a funded company, having raised a total of $6.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 23, 2024.

When was the latest funding round of RAAPID?

RAAPID's latest funding was a $***** Series A round on Mar 18, 2026, with participation from 2 investors.

Where does RAAPID rank among its competitors?

RAAPID ranks 5th amongst 54 active competitors, of which 11 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Keebler, which secured $16M in Apr, 2026.

Who are the top competitors of RAAPID?

RAAPID's top competitors include Codoxo, Centauri Health Solutions and Reveleer. Among them, Keebler secured the most recent funding round in April, 2026.

RAAPID - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of AI-powered solutions for healthcare risk adjustment and medical coding. The company offers tools for retrospective chart reviews, HCC coding compliance auditing, and clinical decision support. It also provides services such as HCC coding, chart reviews, and chart audits. The AI platform processes patient data from multiple sources, transforming it into a usable format.

Website: www.raapidinc.com/
Social
Email ID: *****@raapidinc.com
Phone Number: +1 **********

Key Metrics

Founded Year

2021

Location

Louisville, United States

Stage

Series A

Total Funding

$6.7M in 2 rounds

Latest Funding Round

Series A, Mar 18, 2026, $*****

Investors

UPMC Enterprises & 2 more

Ranked

5^th among 54 active competitors

Employee Count

133 as on Jul 31, 2026

Similar Companies

OpenEvidence & 2904 more

View RAAPID's full profile

RAAPID is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RAAPID, INC. CIN: 6310000 , United States, Active	Oct 14, 2021	-	-	-

RAAPID has raised a total funding of $6.7M over 2 rounds. Its first funding round was on Dec 23, 2024. Its latest funding round was a Series A round on Mar 18, 2026 for $*****. 2 investors participated in its latest round. RAAPID has 3 institutional investors.

Here is the list of recent funding rounds of RAAPID:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 18, 2026	4453439	Series A	7313583	4104140	2182112	4221877
Dec 23, 2024	2406987	Series A	5443001	2302486	2951355	M12

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View details of RAAPID's funding rounds and investors

The founders of RAAPID is Chetan Parikh. Chetan Parikh is the CEO of RAAPID.

Here are the details of RAAPID's key team members:

Chetan Parikh: Founder & CEO of RAAPID.
Contact Info: 1 email address

View details of RAAPID's Founder profiles and Board Members

RAAPID's employee count trend

RAAPID has 133 employees as of Jul 26. Here is RAAPID's employee count trend over the years:

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Top competitors of RAAPID include Codoxo, Centauri Health Solutions and Reveleer. Here is the list of Top 10 competitors of RAAPID, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Codoxo 2016, Atlanta (United States), Series C	AI-based platform for employee and individual healthcare planning	$75M	QED Investors, Spider Capital & 15 others	63/100
2nd	Centauri Health Solutions 2014, Phoenix (United States), Acquired	Provider of data management solutions for risk adjustment and quality-based revenue programs	$68.2M	Brookside Mezzanine Partners, Silversmith ... & 3 others	62/100
3rd	Reveleer 2009, Glendale (United States), Series E	AI-powered software platform for value-based healthcare	$162M	Oak HC/FT, Hercules Capital & 2 others	59/100
4th	Apixio 2009, San Mateo (United States), Acquired	Provider of data connectivity and exchange solutions for the healthcare industry	$49.4M	SSM Partners, Bain Capital Ventures & 8 others	59/100
5th	RAAPID 2021, Louisville (United States), Series A	Provider of AI-powered solutions for healthcare risk adjustment and medical coding	$6.7M	UPMC Enterprises, M12 & 1 others	54/100
6th	Semantix AI 2010, San Francisco (United States), Seed	Provides data governance solutions for all business areas	$170K	Y Combinator, Capital Innovators & 3 others	52/100
7th	Able Health 2015, San Francisco (United States), Acquired	Data-driven healthcare solutions improving clinical quality, patient safety, and efficiency	$4M	Mission and Market, American Startup Club ... & 6 others	50/100
8th	Keebler 2023, Durham (United States), Series A	AI-powered risk adjustment platform for clinical decision support	$22M	Flare Capital Partners, Sands Capital & 14 others	49/100
9th	ClosedLoop 2017, Austin (United States), Series B	Provider of an AI-based risk predictive platform for payers, providers & pharma	$48M	.406 Ventures, Greycroft & 13 others	48/100
10th	Advantmed 2005, Santa Ana (United States), Series A	Digital risk adjustment solutions for individuals and providers	-	Bison Capital, Oxeon Partners	48/100