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Nitra is an AI-native financial and operational platform for healthcare practices. It consolidates billing, purchasing, scheduling, insurance verification, and expense management into a single system, offering corporate cards and back-office automation for doctors, dentists, and other healthcare providers.
Nitra is an AI-native financial and operational platform for healthcare practices. It consolidates billing, purchasing, scheduling, insurance verification, and expense management into a single system, offering corporate cards and back-office automation for doctors, dentists, and other healthcare providers.
Founded in 2021 by Tim Hwang and Jonathan Chen, who previously co-founded legaltech unicorn FiscalNote. They identified that healthcare practices were underserved by financial technology and built Nitra to bring modern fintech tools—corporate cards, AI-driven billing, and cash flow management—to the $4 trillion U.S. healthcare industry.
Nitra raised $187 million including a $50M Series B and a previously undisclosed $22M Series A, plus $115M in debt financing. The platform surpassed $1 billion in annualized processing volume and $33M ARR as of December 2025.
As of December 2025, Nitra crossed $33 million in annual recurring revenue, representing approximately eight-fold year-over-year growth, driven by its AI-native healthcare practice operating platform.
Nitra evolved its product from a corporate card into a full AI operating system for healthcare practices, consolidating billing, purchasing, scheduling, insurance verification, and expense management into one platform.
Nitra's healthcare financial platform exceeded $1 billion in annualized processing volume, marking a major milestone as the company expanded its AI-powered operating system for healthcare practices.
Nitra announced a $62 million seed round led by Andreessen Horowitz with participation from NEA, Pantera Capital, KB Financial Group, AME Cloud Ventures, and Will Smith's Dreamers VC to build corporate card and financial tools for healthcare practices.
FinTech Magazine reported on Nitra's $62M seed round, highlighting how the company aims to provide modern corporate card and financial management tools to healthcare practices—a traditionally underserved market.
$205M raised total