Fundz

RapidClaims secures $3.1M to help reduce claim denials with AI

PRIVATEFeb 15, 2024

Amount Raised

$3.1 Million

Round Type

Seed

New YorkHealth Care

Investors

De VCPeerchequeNeon FundBetter CapitalTogether Fund

Description

RapidClaims has secured $3.1 million in seed funding to automate medical coding and reduce claim denials from payors. The investment was led by Together Fund alongside participation from Better Capital, Neon Fund, Peercheque, and DeVC, as well as angels and advisors from prominent US healthcare organisations.

Quick answer

RapidClaims raised $3.1 Million in a Seed round, dated February 15, 2024. Investors: De VC, Peercheque, Neon Fund, Better Capital and Together Fund. RapidClaims is based in New York, New York, United States.

How much did RapidClaims raise?
RapidClaims raised $3.1 Million in a Seed round on February 15, 2024.
Who invested in RapidClaims?
De VC, Peercheque, Neon Fund, Better Capital and Together Fund are named as investors in this round.
What does RapidClaims do?
RapidClaims is redesigning the healthcare billing stack starting with autonomous medical coding and workflow solutions.
Where is RapidClaims based and how big is it?
RapidClaims is based in New York, New York, United States. Fundz records about 51 employees.
Who are the decision-makers at RapidClaims?
Fundz holds 1 contact at RapidClaims. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Health Care around the same time

Companies in the same sectors as RapidClaims that raised within 45 days of this round, from Fundz verified event records.

  • Cherish Health raised $30M (Series B) on March 30, 2024.
  • Vaccinex raised $1.8M (Seed) on March 29, 2024.
  • Sense4Med raised $551K (Seed) on March 29, 2024.
  • Manifest Technologies raised an undisclosed amount (Funding Round) on March 28, 2024.
  • Femtek raised $1M (Seed) on March 28, 2024.
  • Wellola raised $2.4M (Seed) on March 28, 2024.

Who to call at RapidClaims, and when

A new round usually means RapidClaims is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day RapidClaims raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at RapidClaims, from your own LinkedIn network

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Company Information

Company

RapidClaims

Location

New York, New York, United States

About

RapidClaims is redesigning the healthcare billing stack starting with autonomous medical coding and workflow solutions. We are using cutting-edge AI and LLMs to ensure accurate autonomous medical coding and compliance. Security, Accuracy, Speed, and Scale are the pillars of our RapidCode AI module. The solution takes into account not only the latest guidelines and payor rule sets but also generates audit-ready and compliant traceable documentation for the coding team.

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