- RAAPID, headquartered in Louisville, Kentucky, specializes in AI-powered risk adjustment solutions for healthcare organizations, focusing on compliance-first medical coding and value-based care.
- In March 2026, RAAPID secured an extension of its Series-A funding, with investments from UPMC Enterprises and M12, Microsoft's venture fund, to scale its Neuro-Symbolic AI-powered platform.
- The company has gained recognition as a 2025 Best in Business honoree in Healthcare IT by Modern Healthcare and has welcomed notable figures like Microsoft Healthcare Executive Kim Swafford to its advisory board.
- RAAPID's ideal buyers are healthcare organizations and plans facing challenges in risk adjustment and compliance, as their solutions provide defensible accuracy and audit-ready capabilities, making them critical in today's evolving healthcare landscape.
Raapid's workforce is structured across seven departments, with the Information Technology department being the largest at five employees. Operations follows closely with four employees, while the Executive team comprises three members. This distribution indicates a strong emphasis on technical and operational capabilities, supporting the software development focus of the organization. The presence of smaller departments such as Marketing and Education suggests a balanced approach to support functions within the company.
Raapid operates from a single location in Louisville, Kentucky, which houses one employee. The majority of the workforce, totaling 18 employees, is categorized under 'Other,' indicating a distributed or remote work pattern. This suggests that while the company is headquartered in Louisville, a significant portion of its workforce may be operating from various locations, reflecting a modern approach to geographic flexibility.
