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RAAPID, Inc. raised an additional Series A investment from UPMC Enterprises to enhance its Clinical AI Platform and expand its initiatives. The funding amount is undisclosed.

PRIVATEMar 18, 2026

Round Type

Series A

LouisvilleInformation TechnologySoftwareHealth CareArtificial IntelligenceMachine Learning

Investors

M12UPMC Enterprises

Description

RAAPID, Inc. secured additional Series A funding from UPMC Enterprises. The investment aims to accelerate the expansion of its AI-powered risk adjustment platform for healthcare. The company will also focus on co-development initiatives with UPMC

Quick answer

RAAPID raised an undisclosed amount in a Series A round, dated March 18, 2026. Investors: M12 and UPMC Enterprises. RAAPID is based in Louisville, Kentucky, United States.

How much did RAAPID raise?
RAAPID raised an undisclosed amount in a Series A round on March 18, 2026.
Who invested in RAAPID?
M12 and UPMC Enterprises are named as investors in this round.
What does RAAPID do?
RAAPID is a healthcare technology company serving payers, healthcare providers, and other support organizations.
Where is RAAPID based and how big is it?
RAAPID is based in Louisville, Kentucky, United States.
Who are the decision-makers at RAAPID?
Fundz holds 2 contacts at RAAPID, including the Head of People India. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Health Care around the same time

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

  • Dehaze GmbH raised $3.7M (Seed) on April 28, 2026.
  • Ultralight raised $9.3M (Seed) on April 14, 2026.
  • Omniscient raised $4.1M (Pre-Seed) on April 2, 2026.
  • Long Tail raised an undisclosed amount (Corporate Round) on April 1, 2026.
  • Optura raised $18M (Series A) on March 23, 2026.
  • Optura raised $13M on March 23, 2026.

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Company Information

Company

RAAPID

Location

Louisville, Kentucky, United States

About

RAAPID is a healthcare technology company serving payers, healthcare providers, and other support organizations. Their platform uses artificial intelligence (AI), machine learning (ML), medically trained natural language processing (NLP), and knowledge graphs to power workflow applications that help healthcare organizations shift to value-based care. RAAPID's cloud-based Risk Adjustment applications - SaaS and API - take structured and unstructured patient data to extract accurate chronic conditions and determine the corresponding codes, calculate risk scores, identify gaps in care, and analyze population health trends. RAAPID enables payers, providers, and other organizations participating in Medicare Advantage, Managed Medicaid, ACA commercial, and Medicare ACO programs to drive revenue and reduce administrative costs with customized solutions.

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Related People

2 contacts
Verified contactsSachin T., Head of People India hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

RAAPID raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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