# RAAPID

**Source:** https://www.startuphub.ai/startups/raapid
**Profile type:** Startup

> AI-powered risk adjustment platform for healthcare payers and providers using neuro-symbolic AI technology.

## About

RAAPID, Inc. is an AI-powered risk adjustment company that provides solutions for the healthcare industry. They focus on leveraging artificial intelligence to improve the accuracy and efficiency of risk adjustment processes. The company has received significant investment from prominent venture capital firms, indicating strong market potential and technological innovation.

## Key facts

- **Slug:** raapid
- **Website:** https://www.raapidinc.com
- **Location:** Louisville, United States
- **Founded:** 2022-02-04
- **Operating status:** Active
- **Total funding:** $7M
- **Sectors / tags:** HealthTech, Artificial Intelligence, Healthcare, AI, SaaS, Digital Health
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/raapid-inc
  - Twitter: https://twitter.com/raapidinc
  - Facebook: https://www.facebook.com/raapidai

## Frequently asked

### What does RAAPID do?

RAAPID, Inc. is an AI-powered risk adjustment company that provides solutions for the healthcare industry. They focus on leveraging artificial intelligence to improve the accuracy and efficiency of risk adjustment processes. The company has received significant investment from prominent venture capital firms, indicating strong market potential and technological innovation.

### What is RAAPID's revenue?

StartupHub estimates RAAPID's annual revenue at $1.8M (range $1.1M to $6.4M, 29% confidence), based on comparable companies in the sector.

### What is RAAPID's valuation?

StartupHub estimates RAAPID's effective valuation at $25.6M (range $16.8M to $40.2M, 16% confidence), based on comparable companies in the sector.

### How much funding has RAAPID raised?

RAAPID has raised a total of $7M in funding. The most recent round on record is Series A.

### Where is RAAPID headquartered?

RAAPID is headquartered in Louisville, United States.

### When was RAAPID founded?

RAAPID was founded in 2022.

### What industry does RAAPID operate in?

RAAPID operates in HealthTech, Artificial Intelligence, Healthcare, AI, SaaS, Digital Health.

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