Nitra Inc., which provides an all-in-one AI operations platform for U.S. healthcare providers' back offices, has raised $187 million in funding including Series A and B rounds and venture debt, Chief Executive Tim Hwang (팀 황) said on Tuesday. Nitra's cumulative fundraising totals $205 million.

Dunamu & Partners was the only South Korean participant in the round. Other investors included Actions Capital, AppWorks, Comma Capital, Era Funds, New Enterprise Associates and Pantera Capital, as well as Sazze Partners.

AAF, Gaingels, Hyphen Capital, K8, Mana Ventures, Necessary Ventures, PIDC/Uni-President, Purestone Silks, SignalRank, Simu Liu’s Markham Valley Ventures and Soma Capital also participated.

Founded by Korean American entrepreneurs Tim Hwang and Jonathan Chen (조나단 첸), Nitra is an all-in-one operations platform that embeds AI agents into core infrastructure for healthcare operations. It supports medical staff burdened by administrative work by enabling them to directly control the back office.

The Nitra platform integrates a Finance Suite that includes a Visa-based spending card, expense management, bill payments, patient payment processing and AI-based automation for medical accounting. It also provides procurement and inventory management operations for tens of thousands of biopharmaceuticals and medical devices, along with a Patient Management solution.

With the funding, Nitra is targeting more than 3,000 clinics by 2026, more than $150 million in annualized revenue and more than $4 billion in annualized processing volume.

“Nitra’s mission is to help medical staff and healthcare providers focus more on patient care and core work without losing time to repetitive administrative and financial tasks,” Hwang said. “Over the past year, Nitra has grown rapidly into a platform used by hundreds of clinics across the United States and thousands of medical staff, and it has begun to establish itself as healthcare operations infrastructure. We will continue to expand platform features and scope so more healthcare providers can improve operational efficiency with Nitra and shift to an AI-based healthcare operations environment,” he said.