Clinical analytics platform Clarify Health has scored $115 million in Series C funding. Insight Partners Spark Capital, Concord Health Partners and HWVP led the round with participation from KKR, Rivas Capital and Sigmas Group.
This comes roughly two and a half years after the company landed $57 million in Series B funding led by KKR.
Clarify announced that Insight Partners Managing Director Hilary Gosher and Spark Capital General Partner Will Reed will be joining its board.
WHAT IT DOES
The platform is able to unify and analyze health data. It can hold clinical data, claims information, prescription data, labs and information about social determinants of health. It can then analyze the data using machine learning and artificial intelligence.
The company’s main clients are payer, provider and life science companies that can help them assess trends.
WHAT IT’S FOR
The company plans on putting the money towards scaling its self-service analytics cloud platform and business application.
Over the last few years we’ve seen a number of platforms focused on capturing more holistic patient data. Yesterday Unite Us, a population health startup focused on connecting various types of health data, announced a $150 million Series C raise.
Cityblock Health is another player in the field. This startup is looking to use tech to address health disparities by connecting various stakeholders and patient data. Cityblock Health also closed a large funding round of $160 million in Series C funding in December.