VC Fund Investments

RCM platform RapidClaims raises $11-M from Accel, Together Fund

FinSMEs  

Bengaluru- and New York-based AI-driven revenue cycle management (RCM) platform RapidClaims has raised USD 11 million. The funding includes USD 8 million Series A led by Accel India with participation from Together Fund. The company intends to use the new funds to accelerate its go-to-market efforts and enhance technology.RapidClaims had previously raised a USD 3 million seed round led by Together Fund with angel investors including Oscar Benavidez (Executive Director, Massachusetts General Hospital), Matthew Zubiller (ex-CEO, e4health), Ankit Jain (founder, Infinitus), and Sachin Jain among others.Founded by Dushyant Mishra, RapidClaims leverages AI to address claim denials, optimise reimbursements, and enhance financial efficiency for healthcare providers. The platform claims to integrate with over 15 electronic health record (EHR) systems, to ensure rapid deployment and customisation.

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