KAID

United States Founded: 2019 • Age: 7 yrs Acquired By PurpleLab
AI and SaaS-based software for healthcare care coordination is developed.
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About KAID

KAID is a company based in United States founded in 2019 by Kevin Agatstein was acquired by PurpleLab in September 2025.. KAID has raised $8.09 million across 4 funding rounds from investors including PurpleLab, Activate Venture Partners and Martinson Ventures. KAID offers products and services including Whole Chart Analysis™ and NLITE™. KAID operates in a competitive market with competitors including R1 RCM, LOGEX, AKASA, RateGain and XSOLIS, among others.

  • Headquarter United States
  • Founders Kevin Agatstein
  • Sectors
    Healthcare
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Artificial Intelligence & Machine Learning
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $8.09 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.68 M (USD), Series A

    Nov 06, 2023

  • Investors
    PurpleLab

    & 5 more

  • Employee Count
    Employee Count
  • Acquired by
    PurpleLab

    (Sep 04, 2025)

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Products & Services of KAID

KAID offers a comprehensive portfolio of products and services, including Whole Chart Analysis™ and NLITE™. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Analyzes full patient data for accurate medical coding.

Extracts insights from unstructured medical notes for billing.

Funding Insights of KAID

KAID has successfully raised a total of $8.09M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1.68 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Series A — $1.7M
  • First Round

    (31 Mar 2020)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2023 Amount Series A - KAID Valuation

investors

May, 2022 Amount Series A - KAID Valuation Activate Venture Partners , Martinson Ventures
Nov, 2021 Amount Seed - KAID Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in KAID

KAID has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include PurpleLab, Activate Venture Partners and Martinson Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Early-stage venture capital is provided by Activate Venture Partners.
Founded Year Domain Location
Venture capital and private equity investments are provided by Martinson Ventures.
Founded Year Domain Location
US-focused private equity and venture capital investments are managed.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by KAID

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - KAID

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Kaid Comparisons

Employees
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Competitors of KAID

KAID operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as R1 RCM, LOGEX, AKASA, RateGain and XSOLIS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
End-to-end revenue cycle management is provided for healthcare organizations.
domain founded_year HQ Location
Healthcare financial management solutions are developed for institutions and physicians.
domain founded_year HQ Location
Revenue cycle automation platforms are provided for healthcare reimbursement.
domain founded_year HQ Location
SaaS solutions for hospitality revenue and operations management are delivered.
domain founded_year HQ Location
AI-based platform for physicians and payers to analyze denial management
domain founded_year HQ Location
SaaS revenue management solutions are offered to airlines for optimization.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Kaid

Frequently Asked Questions about KAID

When was KAID founded?

KAID was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is KAID located?

KAID is headquartered in United States.

Who is the current CEO of KAID?

Kevin Agatstein is the current CEO of KAID. They have also founded this company.

Is KAID a funded company?

KAID is a funded company, having raised a total of $8.09M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Mar 31, 2020.

What does KAID do?

Founded in 2019 in the United States, KAID operates in the healthcare technology sector. A digital platform powered by AI is provided to support care management and coordination for organizations. Automated tools are included for managing EMR data, record-keeping, documentation, and compliance tracking. Features encompass patient chart summaries, population data analysis, and care planning. Operations focus on enhancing staff involvement in patient care processes.

Who are the top competitors of KAID?

KAID's top competitors include R1 RCM, AKASA and Volantio.

What products or services does KAID offer?

KAID offers Whole Chart Analysis™ and NLITE™.

Who are KAID's investors?

KAID has 6 investors. Key investors include PurpleLab, Activate Venture Partners, Martinson Ventures, Boston Millennia Partners, and Brandon Hull.

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