Nitra Secures $187 Million as AI Platform Scales to $1 Billion+ in Processing Volume

New updates have been reported about Nitra.

Nitra has raised $187 million in a mix of Series A and Series B equity, venture debt, and a warehouse facility, lifting total capital raised to $205 million and total equity to $90 million. The AI-native operating platform for healthcare practices reports revenue growth of more than 740% in 2025, moving from $4 million to over $33 million in annualized revenue and exceeding $1 billion in annualized processing volume.

The latest equity capital totals $72 million, comprising a $50 million Series B and a previously undisclosed $22 million Series A closed in August 2025, backed by investors including NEA, Pantera Capital, and other venture firms. Nitra also secured $20 million in venture debt from Avenue Capital Group and expanded its warehouse facility to $95 million, providing balance-sheet capacity to support card issuing, payments, and procurement financing for healthcare clients.

The company’s platform embeds AI agents across financial automation, commerce and inventory, and patient management, integrating expense cards, bill pay, patient payments, procurement, inventory management, scheduling, and insurance verification into a single operating stack. In December 2025, Nitra processed up to $9 million in biopharma and medical purchases in a single day and now serves thousands of physicians across more than 700 clinics.

Management expects to scale to more than 3,000 clinics, over $150 million in annualized revenue, and above $4 billion in annualized processing volume in 2026, supported by a planned headcount increase from 50 to over 200 employees. New board member Dr. Richard Park, founder and former CEO of CityMD and now managing partner at Ascend Partners, brings significant healthcare operations experience as Nitra positions itself as core infrastructure for U.S. healthcare practices seeking to reduce administrative costs and modernize back-office workflows.