US-based medical data technology provider Carta Healthcare has secured $17.3m in series A funding from investors including CU Health Innovation Fund, an investment vehicle for University of Colorado Anschutz Medical Campus.
Venture capital firm Storm Ventures led the round, which included AI Digital Innovation Fund, a subsidiary of healthcare provider Mass General Brigham, as well as Asset Management Ventures, Atypical Ventures, Healthy Ventures, Katalyst Ventures, Maverick Ventures, Seven Peaks Ventures and Waterline Ventures.
Carta has built artificial intelligence-equipped software designed to help hospitals automate clinical data analytics in a bid to improve patient care.
The cash will go to hiring additional medical and technical professionals, forming strategic partnerships and improving its data technology.
Matt Hollingsworth, co-founder and CEO of Carta, said: “The effectiveness of the solutions we built has led to our significant growth over the past year, and we plan to use this new investment to bring our solution to new partners.
“This investment further validates the need to have trustworthy, actionable data to drive improvements in healthcare and will allow us to deliver on our ultimate promise – to make people healthier.”
– A version of this article first appeared on our sister site, Global Corporate Venturing.

US-based medical data technology provider Carta Healthcare has secured $17.3m in series A funding from investors including AI Digital Innovation Fund, a subsidiary of healthcare provider Mass General Brigham.

Venture capital firm Storm Ventures led the round, which included University of Colorado Anschutz Medical Campus’s CU Health Innovation Fund, Asset Management Ventures, Atypical Ventures, Healthy Ventures, Katalyst Ventures, Maverick Ventures, Seven Peaks Ventures and Waterline Ventures.

Carta has built artificial intelligence-equipped software designed to help hospitals automate clinical data analytics in a bid to improve patient care. The cash will go to hiring additional medical and technical professionals, forming strategic partnerships and improving its data technology.

Matt Hollingsworth, Carta’s co-founder and CEO, said: “The effectiveness of the solutions we built has led to our significant growth over the past year, and we plan to use this new investment to bring our solution to new partners.

“This investment further validates the need to have trustworthy, actionable data to drive improvements in healthcare and will allow us to deliver on our ultimate promise – to make people healthier.”