San Francisco based-startup Clarify Health has closed its Series D funding round with $150 million. The round was led by SoftBank Vision Fund along with BlackRock and Memorial Hermann Health System.
Existing investors Insight Partners, Spark Capital, Aspenwood Ventures, KKR, Sigmas Group and Rivas Capital also contributed. The startup plans to grow its business and expand its offerings with the funds.
Founded by Jean Drouin (CEO) and Todd Gottula (President) in 2015, Clarify Health helps healthcare providers give efficient care through their platform. They offer real-time tracking and a machine learning led guide for patients. Their goal is to streamline and simplify the tasks so that the clinicians can spend all their effort in treating the patients.
Its cloud-based application is built on the Clarify Atlas Platform, which has helped map more than 300 million patient’s journeys. So far they have delivered more than 18 billion healthcare predictions led by AI. Last year they had acquired Apervita - Value Optimization and last month they had acquired Embedded Health.
They have so far raised $328 million in 4 rounds of funding. Insight Partners, Kohlberg Kravis Roberts, and Memorial Hermann Hospital are some of its investors. They had received $6 million in their seed round from Stanford’s StartX Fund. In their series B round, they gained $57 million. In 2021, they raised $115 million in their series C round.