Nitra, an AI-native operating platform for healthcare practices, has raised $187 million in new financing, including $72 million in equity funding, $20 million in venture debt, and a $95 million warehouse facility. The company plans to use the capital to expand its AI-driven platform designed to automate operational and financial workflows across healthcare clinics.
The platform addresses a major challenge in U.S. healthcare, where administrative tasks consume a significant share of the industry’s $5.9 trillion in annual spending. Nitra provides an integrated system that consolidates financial management, procurement, inventory tracking, and patient operations—areas traditionally managed through fragmented legacy tools. The company initially entered the market with a fintech-based approach, offering a Visa-powered expense card and financial automation tools to establish infrastructure within medical practices before expanding into broader operational capabilities.
Today, Nitra’s platform deploys AI agents across several domains. Its financial automation tools manage expenses and bill payments, procurement agents negotiate with suppliers and monitor inventory levels, and new patient management capabilities include voice-based AI agents that handle scheduling and insurance eligibility verification. By integrating these functions into a single operating system, Nitra aims to reduce administrative overhead and help practices operate more efficiently.
The company has experienced rapid growth, reporting 740% revenue expansion in 2025, rising from $4 million to more than $33 million in annualized revenue. Nitra now serves over 700 clinics, processing more than $1 billion in annualized payment volume across thousands of physicians. To support its next phase of growth, the company has added Dr. Richard Park, founder and former CEO of CityMD, to its board of directors.
With the new funding, Nitra expects to scale its operations significantly, projecting $150 million in annualized revenue and $4 billion in processing volume by 2026, while expanding its workforce to more than 200 employees.
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