Nitra, a company developing an AI-powered operating platform for healthcare practices, has secured $187 million in new financing through a combination of Series A and Series B equity funding, venture debt, and a warehouse facility.
With this financing, the company’s total capital raised reaches $205 million, including $90 million in equity investments.
Strong Growth As Healthcare Embraces AI Operations
The funding follows a year of rapid expansion for the company. During 2025, Nitra reported significant growth, increasing revenues more than eightfold and surpassing $1 billion in annualized transaction volume processed through its platform.
The growth reflects a broader shift in healthcare, where artificial intelligence is increasingly being applied not only to clinical decision support but also to operational and administrative functions within medical practices.
Administrative costs remain a major challenge across the healthcare system. Many clinics still rely on fragmented systems for tasks such as payments, procurement, scheduling, inventory management, and insurance verification.
Nitra aims to consolidate these functions into a single AI-driven operational platform.
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AI Agents Managing Back-Office Workflows
Founded by Tim Hwang and Jonathan Chen, Nitra was designed to reduce administrative burdens for healthcare providers.
The platform integrates several operational layers into one system. Its financial automation tools include expense management, bill payment, and payment processing for patients. It also offers procurement capabilities that connect clinics with suppliers of pharmaceuticals and medical equipment.
AI agents embedded in the system assist with operational tasks such as comparing supplier quotes, managing vendor onboarding, handling purchases, and monitoring inventory levels.
The platform has recently expanded into patient administration with AI-powered voice tools that support appointment scheduling and insurance eligibility checks.
Growing Adoption Among Clinics
The platform is now used by thousands of physicians working across hundreds of clinics. In addition to administrative automation, the system handles high-value purchases of medical supplies and pharmaceuticals on behalf of healthcare providers.
The company reports that its infrastructure processed more than $1 billion in annualized transaction volume during 2025 and is targeting further expansion as adoption grows.
Nitra expects to serve more than 3,000 clinics and process over $4 billion in annualized transaction volume by 2026.
Expanding The Platform And Team
The new financing will support continued product development and the rollout of additional AI-powered modules designed to automate more operational processes within healthcare practices.
Areas under development include revenue cycle management, workforce management, and tools for patient engagement and marketing.
The company also plans to significantly expand its team as it scales its platform across the United States.
About Nitra
Nitra is an AI-native operating platform designed to help healthcare practices manage administrative and operational workflows. The platform combines financial management, procurement, inventory management, and patient administration into a single system that reduces manual work and improves operational visibility for medical providers.
