"Nitra is an AI-native operating platform built specifically for medical practices. Rather than patching together separate tools for billing, purchasing, scheduling, and insurance verification, Nitra consolidates all of it into a single system powered by AI agents. The company targets the administrative layer of healthcare-the back-office work that consumes enormous time and costs inside clinics-and automates it end to end, from expense management and accounting to patient communications and claims filing."
"On Tuesday, Nitra announced a $50 million Series B round, bringing its total capital raised to $205 million. The funding comes alongside a milestone: the company's platform has surpassed $1 billion in annualized processing volume and crossed $33 million in annual recurring revenue as of December 2025, representing approximately eight-fold year-over-year growth. More than 700 clinics are now live on the platform."
"I think we're probably in the first inning of our growth trajectory. I honestly believe we can get to a billion dollars in revenue in the next couple of years."
Nitra is an AI-native operating platform designed to streamline administrative operations for medical practices by consolidating fragmented software tools into a single integrated system. The platform automates end-to-end back-office functions including billing, purchasing, scheduling, insurance verification, expense management, accounting, patient communications, and claims filing. Founded by Tim Hwang, who previously built FiscalNote and worked on Barack Obama's 2008 campaign, Nitra targets the administrative burden that consumes significant time and resources in clinics. The company recently announced a $50 million Series B funding round, bringing total capital raised to $205 million. As of December 2025, Nitra has surpassed $1 billion in annualized processing volume, achieved $33 million in annual recurring revenue representing eight-fold year-over-year growth, and onboarded over 700 clinics to its platform.
#healthcare-technology #ai-powered-automation #medical-practice-management #back-office-operations #healthcare-funding
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