
RapidClaims, a NYC-based supplier of an AI-powered income cycle administration platform supplier, raised $11M in funding.
The quantity consisted of $8M Collection A led by Accel with participation from Collectively Fund, and $3M in beforehand unannounced seed led by Collectively Fund with angel traders together with Oscar Benavidez (Government Director, Massachusetts Normal Hospital), Matthew Zubiller (ex-CEO, e4health), Ankit Jain (founder & CEO, Infinitus), and Sachin Jain (healthcare chief), amongst others.
The corporate intends to make use of the funds to speed up its go-to-market efforts and improve its expertise.
Led by CEO and Founder Dushyant Mishra, RapidClaims offers an autonomous coding resolution, RapidCode, which is stay in additional than 20 specialties and processes hundreds of thousands of charts. It delivers 100% chart protection, and reaches 98% accuracy in specialties equivalent to radiology, anesthesia, and labs, whereas sustaining 94%+ accuracy in additional complicated fields like surgical procedures.
Its earlier spherical was led by Collectively Fund with angel traders from US healthcare organizations, together with Oscar Benavidez (Government Director, Massachusetts Normal Hospital, Matthew Zubiller (ex-CEO, e4health), Ankit Jain (founder & CEO, Infinitus), and Sachin Jain (healthcare chief), amongst others.
FinSMEs
02/04/2025
