Startups

RAAPID
Louisville, Kentucky, United States
RAAPID, Inc. develops healthcare AI software for medical coding and risk adjustment. Its platform combines neural models with medical knowledge graphs and clinical rules to interpret unstructured records, identify diagnoses and support traceable coding decisions for health plans, accountable-care organizations and providers. It addresses retrospective chart review, prospective care gaps and audit workflows across value-based care programs. The company is headquartered in Louisville, Kentucky and publishes founders Chetan Parikh and Vatsal Ghiya plus additional commercial and consulting leaders. Primary releases document M12 Series A financing in January 2025, an additional UPMC Enterprises Series A investment in March 2026, and a strategic Healthworx tranche in April 2026; individual and aggregate financing amounts are undisclosed. Neuro-symbolic AI describes its software architecture and does not establish a neuroscience therapeutic business. Earlier clinical-data and transcription milestones precede the founders’ stated 2022 RAAPID launch; corporate legal formation date remains unverified.





