Carta Healthcare, a leading provider of AI-powered clinical data abstraction, announced that it has secured $18.25 million in Series B1 financing. This investment will accelerate the company's growth as demand surges among health systems and life sciences organizations for AI-driven innovation that transforms clinical data into valuable insights.

The investment was led by UPMC Enterprises, with participation from new strategic investors, including MemorialCare Innovation Fund, Rex Health Ventures (the investment fund for the UNC Health), Tampa General Hospital Ventures and support from existing investors Memorial Hermann Health System, Frist Cressey Ventures, Storm Ventures, Paramark Ventures, CU Healthcare Innovation Fund, and Mass General Brigham Ventures.