Charta Health Raises $8.1M in Seed Round

Charta Health Raises $8.1M in Seed Round

Charta Health, a San Francisco, CA-based AI-powered platform that optimizes medical billing and coding workflows, has raised $8.1 million in seed funding.

The round was led by Bain Capital Ventures, with participation from SV Angel, South Park Commons, SpringRock Ventures, Refract Ventures, and strategic angel investors.

Bain Capital Ventures is a venture capital firm based in San Francisco, California. The firm invests in B2B software startups from seed to growth stages across four domains: Fintech, Commerce, Apps, and Infra. Founded in 1984 with over $10 billion under management, BCV has helped launch and commercialize over 400 companies.

The company will use the funds to expand its research and development efforts, grow its team, and further enhance its AI-powered platform.

Founded by Justin Liu and Scott Morris, Charta Health provides an AI-powered platform that optimizes medical billing and coding workflows. Its features include automated pre-bill reviews, AI-powered denial prevention, and customizable compliance audits. By leveraging advanced AI algorithms, the platform enhances accuracy, reduces administrative burden, and optimizes financial performance in the healthcare reimbursement process.

Funding Details

Company: Charta Health

Amount Raised: $8.1M

Funding Round: Seed

Funding Date: February 2025

Lead Investor: Bain Capital Ventures

Additional Investors: SV Angel, South Park Commons, SpringRock Ventures, Refract Ventures, strategic angel investors

Company Website: https://www.chartahealth.com/

Software Category: AI Medical Billing and Coding