Pittsburgh-based UPMC Enterprises, the venture capital arm of UPMC, led an $18.25 million Series B1 financing round for Carta Healthcare, a provider of AI-powered clinical data abstraction.
Other participants in the round include MemorialCare Innovation Fund, Rex Health Ventures — the investment fund of Chapel Hill, N.C.-based UNC Health — and Tampa (Fla.) General Hospital Ventures, according to a May 7 news release.
The new funding will support Carta Healthcare’s continued customer expansion.
Carta Healthcare was founded in 2017.
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