RAAPID, a Louisville, KY-based healthcare AI company, raised a Series A investment from M12.
The amount of the deal was not disclosed.
The company intends to use the funds to expand its Neuro-symbolic AI platform.
Led by CEO and Founder Chetan Parikh, RAAPID develops AI-powered solutions for healthcare payers, providers, and supporting organizations. Its cloud-based risk adjustment platform uses neuro-symbolic AI to identify chronic conditions, determine HCC codes, calculate risk scores, and analyze population health trends.
The company serves organizations that participate in Medicare Advantage, ACA, Medicare ACO, and Medicaid programs.
FinSMEs
13/01/2025