RAAPID Raises Series A Funding from Microsoft’s M12
Summary
RAAPID raised Series A funding from Microsoft’s M12 to expand its healthcare AI platform. The company says its neuro-symbolic AI system helps health plans and providers improve risk adjustment, coding accuracy, and care gap identification. RAAPID reported 300% revenue growth in 2024 and says its platform reduces chart review time while improving risk capture accuracy. The company will use the investment to accelerate product development and scale its impact across value-based care organizations.
Funding
Amount
None
Total raised
Date
January 10, 2025
Announcement date
Investors
Microsoft, M12
Lead investors
Company
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Funded company
Classifications
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