Carta Healthcare Raises $20M in Series B Funding

Carta Healthcare, a San Francisco, CA-based clinical data solutions provider, raised $20M in Series B funding.

Backers included 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 expand operations and its business reach.

Led by CEO Matt Hollingsworth, Carta Healthcare combines AI-driven technology, and a multidisciplinary team of experts to allow healthcare organizations to collect, analyze, and act on their clinical and operational data. The result is a datasets for use across a healthcare organization’s initiatives to operate more efficiently, optimize care delivery, improve patient outcomes, and allow clinicians to practice at the top of their license.

The company currently serves 20 of the leading health systems in the United States, including Stanford University Medical Center, Common Spirit, UCSF, Mass General Brigham, to name a few.