Carta Healthcare, a San Francisco, CA-based company focused on health systems for patient care, closed $25M Series B funding thanks to an additional funding.
The new part of the round saw participation from Memorial Hermann Health System and UnityPoint Health.
These additional investments follow the initial $20m series B financing raised in November 2022, which included investors such as Paramark Ventures, Frist Cressey Ventures, American College of Cardiology, Asset Management Ventures, CU Healthcare Innovation Fund, Mass General Brigham, Maverick Ventures Investment Fund, and Storm Ventures.
The company intends to use the funds to scale operations and product development.
Founded in 2017 and led by CEO Matt Hollingsworth, Carta Healthcare empowers health systems to deliver patient care through enhancements in the way specialized databases, known as registries, gather and analyze data related to a patient’s diagnosis, treatment, and outcome. Registries play a vital role in advancing the understanding of diseases as they provide researchers vital insights into disease patterns, treatment effectiveness, and overall patient outcomes. They also facilitate the detection of complications, side effects, and other safety concerns.
FinSMEs
08/06/2023