KAID

United States Founded: 2019 • Age: 7 yrs Acquired By PurpleLab
AI and SaaS-based software for healthcare care coordination is developed.
Annual revenue - Latest available
Total funding $8.1M 4 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

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
    Locked
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • 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
    Not available
  • 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™.

Product name locked
Category locked
Primary

Analyzes full patient data for accurate medical coding.

Product name locked
Category locked
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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.

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.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Early-stage venture capital is provided by Activate Venture Partners.
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Venture capital and private equity investments are provided by Martinson Ventures.
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US-focused private equity and venture capital investments are managed.
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Investor details for KAID

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by KAID

Investments
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Investment portfolio details for KAID

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Financial Statements - KAID

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Detailed financials for KAID

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Kaid Comparisons

KAID Primary company
Description
AI and SaaS-based software for healthcare care coordination ...
Location
United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for KAID

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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.

Company Name Domain Founded year HQ Location Description
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End-to-end revenue cycle management is provided for healthcare organizations.
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Healthcare financial management solutions are developed for institutions and physicians.
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Revenue cycle automation platforms are provided for healthcare reimbursement.
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SaaS solutions for hospitality revenue and operations management are delivered.
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AI-based platform for physicians and payers to analyze denial management
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SaaS revenue management solutions are offered to airlines for optimization.
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Detailed competitors of KAID

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Latest news on Kaid

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Complete news archive for KAID

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Frequently Asked Questions about KAID

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

KAID is headquartered in United States.

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

KAID is a funded company, having raised a total of $8.09M across 4 funding rounds to date.

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.

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

KAID offers Whole Chart Analysis™ and NLITE™.

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

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