/viestories/media/media_files/2025/04/03/RDFkloygA95kJ3On45S4.png)
RapidClaims, an AI-driven revenue cycle management (RCM) platform, has raised USD 11 million in the fresh funding round.
The round includes an $8 million Series A led by Accel with participation from Together Fund and a previously unannounced USD 3 million seed round.
Other investors include angel backers at US healthcare organisations, Oscar Benavidez (Executive Director, Massachusetts General Hospital), Matthew Zubiller (former CEO, e4health), Ankit Jain (Founder & CEO, Infinitus), and Sachin Jain (healthcare leader) also took part in this round.
Read also- Storytelling App Pratilipi Secures $20Mn In Series E Round
RapidClaims will use the new funding to expand its market reach and improve its AI technology, which helps healthcare providers reduce claim denials early in the billing process. This results in 70% lower costs and faster reimbursements.
"We are live with more than 25 specialties and have achieved high autonomous accuracy in over 20 of those—a performance level unheard of in the industry," said Dushyant Mishra, Founder and CEO of RapidClaims. "Our multi-specialty AI solution offers a distinct advantage over narrow, specialty-focused tools, and we plan to expand into claim adjudication and the end-revenue cycle."
About RapidClaims
Founded in 2023 by Dushyant Mishra, Abhinay Vyas and Jot Singh, RapidClaims is an AI-powered platform which automates key tasks like patient registration, insurance verification and claims submission.
RapidCode provides automated medical coding, while RapidCDI improves clinical documentation. RapidScrub helps detect and fix claim errors to reduce denials and prevent revenue loss.
RapidClaims announced plans to expand into claim adjudication and the final stages of the billing process.
The startup says it has grown 6X in the last four months and now serves a "double-digit" number of clients.
Looking ahead, it aims for 5X growth in the coming months and is in talks to add more healthcare groups to its platform.
Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:
Startup Funding and Stories: Discover Funding Trends and Stories Shaping Indian Startups.
Startup Funding News: Your Gateway to Every Funding Update.
Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.
Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.
