About RapidClaims
RapidClaims is a company based in Manhattan (United States) founded in 2023 by Dushyant Mishra, Abhinay Vyas, and Jot Sarup Singh.. RapidClaims has raised $11.1 million across 3 funding rounds from investors including Accel, We Founder Circle and peercheque. RapidClaims offers products and services including Rapid Code, Rapid Scrub, and Rapid CDI. RapidClaims operates in a competitive market with competitors including Razorpay, Bill.com, Zaggle, AvidXchange and Konfío, among others.
- Headquarter Manhattan, United States
- Founders Dushyant Mishra, Abhinay Vyas, Jot Sarup Singh
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Sectors
HealthcareTechnology
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Rapidclaims Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.1 M (USD)
in 3 rounds
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Latest Funding Round
$8 M (USD), Series A
Apr 02, 2025
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Investors
Accel
& 10 more
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Employee Count
Employee Count
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Products & Services of RapidClaims
RapidClaims offers a comprehensive portfolio of products and services, including Rapid Code, Rapid Scrub, and Rapid CDI. 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.
Autonomous tool for accurate medical coding to prevent denials.
System that identifies and resolves claim issues before submission.
Optimizes clinical documentation for better revenue capture.
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Funding Insights of RapidClaims
RapidClaims has successfully raised a total of $11.1M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in April 2025. 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 Funding
- Total Rounds 3
- Last Round Series A — $8.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series A - RapidClaims | Valuation | Accel | |
| Feb, 2024 | Amount | Seed - RapidClaims | Valuation | Together | |
| Oct, 2023 | Amount | Seed - RapidClaims | Valuation | We Founder Circle |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in RapidClaims
RapidClaims has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, We Founder Circle and peercheque. 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.
| Investor | Description | Founded Year | Domain | Location |
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Accel is recognized as a leading venture capital firm.
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Early-stage investments are made in AI-native startups by Together Fund.
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Early-stage companies are invested in by Better Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RapidClaims
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RapidClaims
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rapidclaims Comparisons
Competitors of RapidClaims
RapidClaims 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 Razorpay, Bill.com, Zaggle, AvidXchange and Konfío, 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 |
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| domain | founded_year | HQ Location |
Payment and business banking solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based accounts payable and receivable software for businesses
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| domain | founded_year | HQ Location |
Business spends, payments, and rewards are streamlined by automated workflows.
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| domain | founded_year | HQ Location |
Accounts payable and payment automation solutions are offered for businesses.
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| domain | founded_year | HQ Location |
Financial solutions platform provider
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| domain | founded_year | HQ Location |
Cloud-based purchase approval management software is provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rapidclaims
Frequently Asked Questions about RapidClaims
When was RapidClaims founded?
RapidClaims was founded in 2023.
Where is RapidClaims located?
RapidClaims is headquartered in Manhattan, United States. It is registered at Manhattan, New York, United States.
Who is the current CEO of RapidClaims?
Dushyant Mishra is the current CEO of RapidClaims. They have also founded this company.
Is RapidClaims a funded company?
RapidClaims is a funded company, having raised a total of $11.1M across 3 funding rounds to date.
What does RapidClaims do?
Provider of medical invocing and documentation solutions. It offer solutions that automate and assist with medical coding processes, aiming to eliminate administrative costs and enhance reimbursements while maintaining compliance. The AI model interprets medical notes to identify diagnoses and procedures, creating an audit trail. It provides actionable insights into code level trends to enhance revenue cycles and allows for the creation of customized AI and rule sets.
Who are the top competitors of RapidClaims?
What products or services does RapidClaims offer?
RapidClaims offers Rapid Code, Rapid Scrub, and Rapid CDI.
Who are RapidClaims's investors?
RapidClaims has 11 investors. Key investors include Accel, We Founder Circle, peercheque, DeVC, and Together Fund.
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