Exclusive: RapidClaims In Talks To Raise $30 Mn From WestBridge Capital, Others

RapidClaims, an AI-powered SaaS startup founded in 2023, is raising approximately $30 million in a Series B funding round led by WestBridge Capital at a reported valuation of around $200 million. Existing investors Accel and Together Fund are expected to participate. The company builds revenue cycle management software that automates medical coding, improves clinical documentation, prevents claim denials, and recovers outstanding payments for US healthcare providers. Its product suite includes RapidCode for medical coding, RapidVBC for documentation and risk adjustment, and RapidRecovery for managing denied claims and detecting underpayments.

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