We’re excited to announce our investment in RapidClaims, a company transforming healthcare revenue cycle management with an AI-powered platform.
A $137 billion problem
In the US, managing healthcare revenue is a $137 billion challenge. Frequent claim denials and administrative inefficiency cost the system an estimated $125 billion annually. RapidClaims attacks this with AI and automation, reducing errors in coding, billing and claim submission.
How the platform works
RapidClaims simplifies the revenue cycle end to end. The platform integrates with electronic health record systems, handles real-time insurance eligibility checks, and automates claim processing — reducing manual error, speeding up approvals and improving financial outcomes for providers. Patients benefit too, through clearer billing and more accurate cost estimates.
The team
Three IIT Kharagpur alumni with a strong blend of healthcare, technology and venture experience. Dushyant Mishra (CEO) led commercial operations at Abbott Healthcare. Jot Sarup Sahni (CPTO) came through engineering and product roles at Goldman Sachs and Postman. Abhinay Vyas (CDO) brings AI and data science depth from Novartis and Phable Care.
Why we invested
- The US RCM market presents a significant opportunity for optimization and disruption.
- RapidClaims covers every stage of the workflow, from medical coding to patient billing, rather than a single slice.
- AI, robotic process automation and API integrations simplify processes that are traditionally error-prone.
- A proven team with experience spanning healthcare, technology and venture capital.
With a $3 million seed round led by Together Fund and Day Zero’s support, RapidClaims is ready to scale.