Clarium, a technology company focused on healthcare, has raised $27m in its Series A funding round.
The investment was spearheaded by Northzone, with additional support from existing investors such as General Catalyst, AlleyCorp, and Kaiser Permanente Ventures.
This recent funding round elevates Clarium's total capital raised to $43m, aimed at improving health systems and tackling economic and environmental challenges within the supply chain.
Clarium's platform consolidates and automates data from various healthcare participants, creating an AI-powered resilience platform for hospitals.
The platform predicts supply chain disruptions by leveraging real-time information on weather and geopolitical events, providing customised recommendations to mitigate risks.
Its extensive features encompass workflow operations, inventory management, and optimisation of substitutions to enhance supply chain effectiveness.
Since implementing Astra OS, hospitals have reported average savings exceeding $10m, alongside notable improvements in disruption resolution times and substitute approvals.
The new funding will support the expansion of Astra OS and the creation of new applications and solutions.
Clarium has doubled its workforce since announcing its seed funding in 2024 and has expanded its partnerships to include notable health systems such as The Cleveland Clinic and Sutter Health.
Furthermore, the company has established a strategic alliance with the Healthcare Industry Resiliency Collaborative to promote advancements in technology and data standards within the sector.
Clarium founder and CEO Steve Liou said: “The fragmentation and inefficiencies of the healthcare supply chain continue to plague our country's hospital systems as they face more financial pressure than ever.
“At Clarium, we're leveraging the power of AI to modernise the hospital supply chain, working directly with health systems to develop valuable technology that enhances productivity, cuts wasteful spend, and improves patient health outcomes.
“We are grateful for the support from Northzone and our existing investors as we continue scaling our platform to new partners across the country.”
"Clarium raises $27m funding to enhance AI-driven solutions for healthcare" was originally created and published by Hospital Management, a GlobalData owned brand.
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