Tech Company Financing Transactions
RAAPID Funding Round
RAAPID, based in Louisville, secured investment capital from UPMC Enterprises.
Transaction Overview
Company Name
Announced On
3/18/2026
Transaction Type
Venture Equity
Amount
Unknown
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the expansion of its Clinical AI Platform, drive co-development initiatives with UPMC, and enhance its unified workflows for retrospective, prospective, and RADV audit programs.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Undisclosed
Louisville, KY Undisclosed
USA
Louisville, KY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
RAAPID develops AI-powered solutions for healthcare payers, providers, and supporting organizations. The company's cloud-based risk adjustment platform uses neuro-symbolic AI to identify chronic conditions, determine HCC codes, calculate risk scores, and analyze population health trends.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chetan Parikh
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