Carta Healthcare, a San Francisco, CA-based provider of AI-powered clinical data abstraction solutions, has raised $18.25 million in Series B1 financing.
Investors
The round was led by UPMC Enterprises, with participation from new strategic investors including MemorialCare Innovation Fund, Rex Health Ventures, and Tampa General Hospital Ventures, as well as existing investors such as Memorial Hermann Health System, Frist Cressey Ventures, Storm Ventures, Paramark Ventures, CU Healthcare Innovation Fund, and Mass General Brigham Ventures.
UPMC Enterprises is the innovation, commercialization, and venture capital arm of UPMC. Its mission is to transform ideas into thriving businesses and life-changing medicine. It develops and invests in technology that is helping to solve some of the hardest and most complex problems in health care.
Carta Healthcare Use of Funds
The company will use the funds to expand its customer base, particularly within the life sciences market.
About Carta Healthcare
Founded in 2017, Carta Healthcare specializes in AI-powered clinical data abstraction and healthcare analytics. The company combines AI, machine learning, and deep clinical expertise to automate the collection and interpretation of clinical data, enabling healthcare organizations to generate actionable insights that support quality improvement initiatives. Carta Healthcare’s solutions empower organizations to harness the full potential of their data, optimize operations, and deliver better patient outcomes.
Funding Details
Company: Carta Healthcare, Inc.
Raised: $18.25M
Round: Series B1
Funding Date: May 2025
Lead Investor: UPMC Enterprises
Additional Investors: MemorialCare Innovation Fund, Rex Health Ventures, Tampa General Hospital Ventures, Memorial Hermann Health System, Frist Cressey Ventures, Storm Ventures, Paramark Ventures, CU Healthcare Innovation Fund, Mass General Brigham Ventures
Company Website: https://www.carta.healthcare/
Software Category: Clinical Data Management
Source: https://www.prnewswire.com/news-releases/carta-healthcare-secures-18-25-million-in-series-b1-funding-to-accelerate-ai-powered-clinical-data-abstraction-and-analytics-302447720.html