Medical coding automation enabler RapidClaims in talks with WestBridge Capital for $30 M: report

Bengaluru- and New York-based medical coding automation firm RapidClaims is in talks to raise around USD 30-M in a funding round led by WestBridge Capital at a valuation of about USD 200-M. Existing investors Accel and Together Fund are likely to participate in the round, which is expected to be the startup’s Series B.Founded in 2023 by Dushyant Mishra, Abhinay Vyas, and Jot Sarup Singh, RapidClaims builds AI-powered revenue cycle management (RCM) software that helps healthcare providers automate medical coding, improve clinical documentation, prevent insurance claim denials, and recover outstanding payments.The startup primarily caters to healthcare providers in the US, helping them address billing errors, rejected claims, and delays in reimbursements.In April 2025, RapidClaims raised USD 8-M in a Series A round led by Accel, with participation from Together Fund. It had previously raised USD 3-M in seed funding.