RapidClaims, a NYC-based provider of an AI-powered revenue cycle management platform provider, raised $11M in funding.
The amount consisted of $8M Series A led by Accel with participation from Together Fund, and $3M in previously unannounced seed led by Together Fund with angel investors including Oscar Benavidez (Executive Director, Massachusetts General Hospital), Matthew Zubiller (ex-CEO, e4health), Ankit Jain (founder & CEO, Infinitus), and Sachin Jain (healthcare leader), among others.
The company intends to use the funds to accelerate its go-to-market efforts and enhance its technology.
Led by CEO and Founder Dushyant Mishra, RapidClaims provides an autonomous coding solution, RapidCode, which is live in more than 20 specialties and processes millions of charts. It delivers 100% chart coverage, and reaches 98% accuracy in specialties such as radiology, anesthesia, and labs, while maintaining 94%+ accuracy in more complex fields like surgeries.
Its previous round was led by Together Fund with angel investors from US healthcare organizations, including Oscar Benavidez (Executive Director, Massachusetts General Hospital, Matthew Zubiller (ex-CEO, e4health), Ankit Jain (founder & CEO, Infinitus), and Sachin Jain (healthcare leader), among others.
FinSMEs
02/04/2025