Nitra, Inc. (CEO Tim Hwang), which provides an all-in-one AI operating platform for U.S. healthcare institutions, announced on the 11th that it has secured a total of $187 million (approximately KRW 275 billion) in funding, including Series A and B investments and venture loans. This brings Nitra's cumulative investment to approximately $205 million (approximately KRW 301 billion).
This investment follows Nitra's anticipated 740% revenue growth and annualized processing volume of $1 billion (approximately KRW 1.47 trillion) by 2025. The AI-based back-office operations platform has gained market validation, expanding its scope of application beyond clinical support to encompass administrative, financial, and inventory management areas of healthcare operations.
The investment was led by Dunamu & Partners in Korea, and was joined by several global venture capital firms, including Action Capital, Appworks, Comma Capital, Era Fund, NEA, and Pantera Capital in the US and Taiwan. Venture loans and additional funding were also secured from Avenue Capital Group, Treville Capital Group, and Encina Lender Finance.
Co-founded by Tim Huang and Jonathan Chen, Nightra provides an operational platform that integrates AI agents to help healthcare organizations manage back-office tasks, including payments, expenses, procurement, inventory, scheduling, and insurance eligibility verification, all from a single system. This investment brings Dr. Richard Park, co-founder of CityMD and Managing Partner of private equity firm Ascend Partners, to the company's board.
The Nitra platform integrates financial management (Finance Suite), commerce and inventory management (Commerce & Inventory), and patient management (Patient Management), and utilizes AI-based automation to enhance operational efficiency for healthcare institutions. As of 2025, approximately 700 clinics and thousands of physicians are using the platform, with annualized processing volume exceeding $1 billion.
This investment aims to secure 3,000 clinics, achieve $150 million in annualized revenue, and $4 billion in annualized processing volume by 2026. The company also plans to expand its workforce from 50 to over 200. Furthermore, it plans to introduce additional AI modules in revenue management, patient marketing, and payroll and human resources management.
“Nightra aims to help medical professionals focus on their core tasks without being consumed by repetitive administrative tasks,” said Team Hwang, CEO. “We will continue to expand the platform’s capabilities and scope of application so that more medical institutions can utilize the AI-based operating environment.”
You must be logged in to post a comment.