Portland healthcare AI startup snags a $20M investment round

Carta Healthcare, which uses artificial intelligence to help health systems reduce costs, announced Wednesday it has raised a $20 million Series B funding round. Matt Hollingsworth, Carta’s founder and CEO, said the funds will enable Carta to scale by expanding its sales and marketing team and hiring more engineers to develop new products. “I’m excited because it’s proof that we managed to do what we set out to do, which is to have a positive impact on health care,” Hollingsworth said. He…...