Hi Rasmus has raised $50 million from Updata Partners through a strategic minority investment, providing the behavioral health technology company with its first outside capital after scaling to more than 1,000 organizations.
The founder-led company currently serves customers across all 50 U.S. states and 90 countries and is onboarding two of the world’s largest applied behavior analysis providers. Its platform now supports more than 19.6 million hours of client sessions annually.
Hi Rasmus provides an ABA-focused clinical platform combining clinical data collection, care delivery workflows, scheduling, outcomes reporting and AI-supported tools.
The technology is designed to reduce administrative work while giving behavioral health organizations greater visibility into care quality and clinical outcomes.
The new investment will support product development, AI capabilities, enterprise features, integrations, clinical outcomes research and expansion of the company’s team and infrastructure.
Hi Rasmus plans to use that investment to reach additional behavioral health organizations and schools serving children with autism.
Updata General Partner Braden Snyder will join the company’s board. Hi Rasmus’ founders will retain majority ownership, while the existing leadership team will continue running the business.
KEY QUOTES:
“We were never trying to build a software company. Our aim has been to positively impact 1 million children and families navigating autism and give the organizations delivering those services superpowers. We have proven that there is a better way to equip the people doing this incredibly important work. Updata gives us an experienced partner who can help us move faster, invest more deeply in innovation, and bring that impact to far more providers, schools, clinicians, families, and ultimately the children they serve, without losing the mission and culture that got us here.”
Nikolaj Hendriksen, Founder and CEO of Hi Rasmus
“What impressed us about Hi Rasmus is the combination of extraordinary growth, a deeply mission-driven culture, and a clear vision for how technology can improve autism care. The team has built a company with the potential to become a defining platform in this market while remaining relentlessly focused on impact. We’re excited to partner with Nikolaj and the team for this next chapter.”
Braden Snyder, General Partner at Updata Partners
