Clarium, Inc. the healthcare technology company revolutionizing hospital supply chain operations, announced a $10.5M strategic financing round. The investment was led by General Catalyst, with backing from Kaiser Permanente Ventures, Texas Medical Center Venture Fund, Yale New Haven Health, as well as existing investors AlleyCorp, 1984 Ventures, Alumni Ventures, and others. The funding takes Clarium’s total capital raised to date to $16M.
Alongside the strategic financing, Clarium introduced Astra OS, its proprietary AI-powered workflow platform and data ecosystem. Astra OS, which was designed and built in collaboration with several leading health systems, empowers providers to optimize and automate their supply chain operations with insights to achieve millions of dollars in cost savings and productivity improvements annually.
“Health systems have a transformational opportunity to reimagine their supply chains by partnering with Clarium,” said Steve Liou, Founder and CEO of Clarium. “Our AI-powered platform and data ecosystem, Astra OS, brings hospitals and providers to the cutting edge of technology and helps to dramatically optimize spend, enhance workforce productivity, and ultimately improve patient outcomes.”
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With this financing, Clarium plans to continue recruiting exceptional talent across data science, engineering, sales, product, and customer success to meet the needs of its growing customer base. The Company will use the investment to integrate further with existing partners (CommonSpirit, Yale New Haven Health, Geisinger, Ochsner Health, Boston Children’s Hospital) and build programs with additional health systems. The Company will also build on and refine its platform’s product offerings and continue to invest in generative AI and large language model technologies to augment Clarium’s software platform and applications.
“We’ve seen firsthand the need for tools to help healthcare executives create resilient supply chains. Clarium’s Astra OS is aiming to fill a market gap with its end-to-end enterprise platform for supply chain operations. Through deep integrations and the application of generative AI, we believe Clarium will drive a paradigm shift in supply chain efficiency. We’re excited to partner with Steve and the rest of the Clarium team on this next phase of growth as they scale across the country,” said Reva Nohria, partner at General Catalyst.
SOURCE: Businesswire