May 21, 2026ARR Milestone
Nitra raises $187M with 740% growth projecting $150M ARR in 2026
Nitra experienced groundbreaking growth of 740% in 2025, increasing ARR from $4M to $33M, powered by its AI-native operating platform for healthcare practices. The company supports over 700 clinics with features like financial automation, inventory management, and voice AI-powered patient management. They reached $1B in annualized processing volume in 2025 and are on track for $4B in 2026. With $187M raised in Series A and B, plus venture debt and warehouse facility funding, Nitra is accelerating AI development and scaling its reach to over 3,000 clinics, targeting $150M in ARR by the end of 2026.
Mar 18, 2026Funding Round
Nitra Secures $187M in Funding as Healthcare AI Platform Surpasses $1B in Processing Volume
Nitra's Impressive Funding RoundNitra, an AI-native platform for healthcare practices, has raised $187 million in financing across Series A, Series B rounds, venture debt, and a warehouse facility, bringing its total capital raised to $205 million. This substantial funding round comes after the company experienced a remarkable growth of 740% in 2025, reaching over $33 million in annualized revenues (ARR).Key Investors and Board ExpansionThe financing includes notable investors such as Actions Capital, AppWorks, Comma Capital, and others, with Dr. Richard Park, founder and former CEO of CityMD, joining Nitraβs Board of Directors. This strategic move is expected to add significant operational healthcare experience as the company scales.Nitra's Platform and Market ImpactNitra's all-in-one platform, launched in 2024, embeds AI agents into the operational backbone of medical practices, aiming to reduce administrative overload for physicians. The platform includes financial automation, commerce and inventory management, and patient management features. In 2025, Nitra processed over $1 billion in annualized volumes and is on track to exceed $4 billion in 2026.Growth and Future PlansWith the new funding, Nitra plans to accelerate AI development, expand its engineering team, and scale its operating system across thousands of healthcare practices nationwide. The company also anticipates its headcount to grow from 50 to over 200 by the end of 2026 and aims to launch additional AI modules.Market Context and Nitra's RoleThe U.S. healthcare industry, valued at nearly $5.9 trillion, sees an estimated 25% of spending going toward administrative costs. Nitra addresses this by unifying fragmented systems into a single AI-native operating system, enhancing efficiency in operations for healthcare practices.βWeβre on a mission to serve the people that serve our communities and help doctors save time and money,β said Tim Hwang, CEO of Nitra.
