The round was led by Crosslink Capital and Golden Ventures, with additional funds from Vast Ventures, Union Ventures, iGan Partners, Stanford Law School, and Nas, an original backer. The company will apply the current investment to accelerate product innovation and hire new talent to meet the widespread demand for businesses to get patient-authorized health information.

Medchart is a cloud-based health data platform for aggregating and analyzing patient-authorized information to enable trusted access to businesses, researchers, and all patient services. By removing the friction of digital business practices, Medchart powers the future of democratized health information controlled by patients. Using artificial intelligence (AI) and machine learning (ML), Medchart offers actionable insights to those who depend on high-quality, complete patient information.