Charta Health Raises $55M Series B

Charta Health, based in San Francisco, is an AI medical chart review platform designed to improve billing accuracy for both healthcare providers and insurance companies. The company recently raised $55 million in a Series B funding round, bringing its total funding raised to $85 million.

Investors

The funding round was led by Insight Partners. Additional participating investors included Madrona, Bain Capital Ventures, South Park Commons, and QuantumLight.

Charta Health Use of Funds

Charta Health plans to use the new capital to accelerate its AI research and development efforts. The funds will also support the official launch of Charta for Providers and Charta for Payers, two platforms that utilize a single AI engine to serve both sides of the healthcare billing process.

About Charta Health

Founded by CEO Justin Liu and CTO Scott Morris, Charta Health is a healthcare technology company that develops AI-powered medical chart review solutions for healthcare providers and insurance companies. Its platform analyzes clinical documentation to improve medical coding accuracy, identify unsupported or missing diagnoses, reduce insurance claim denials, and streamline healthcare billing processes.

Funding Details

Company Website: https://chartahealth.com

Company: Charta Health
Raised: $55M
Round: Series B
Funding Date: November 10, 2026
Lead Investor: Insight Partners
Additional Investors: Madrona, Bain Capital Ventures, South Park Commons, QuantumLight
Software Category: Healthcare AI
Source: https://www.prnewswire.com/news-releases/charta-health-raises-55-million-series-b-to-establish-a-shared-standard-of-accuracy-in-healthcare-billing-302934401.html