Heart Health Innovator Cleerly Closes Series C Funding Round with $223 Million

Cleerly, the company creating a new standard of care for heart disease, announced that it has closed a Series C financing round of $223 million. This new funding brings the total raised by the fast-growing health care company to $279 million, which includes its Series B round in 2021. “At Cleerly, we are passionate about our mission to create a new standard of care for heart disease,” said James Min, MD, FACC, FESC, MSCCT, CEO and founder of Cleerly. “We are grateful for this round of financing that will further enable our work and believe it provides a resounding vote of confidence in our vision for the future of cardiovascular care. The status quo for heart health simply isn’t good enough – for patients, providers, or payors – and our proven approach to examining for early signs of heart disease through the build-up of arterial plaque promises to deliver the change we need right now.” The oversubscribed funding round was led by funds and accounts advised by T. Rowe Price Associates, Inc. and T. Rowe Price Investment Management, Inc., and Fidelity Management and Research Company. They are joined by additional investors spanning the health care, pharmaceutical and technology sectors, including Sands Capital, Piper Sandler’s Merchant Banking and Heartland Healthcare Capital funds, Mirae Asset Capital, Peter Thiel, Breyer Capital, Novartis and Pura Vida Investments. Cleerly’s existing investors also participated in the financing and include Vensana Capital, LR...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: AI/Machine Learning Health IT Company Healthcare IT Cardiovascular Care Cardiovascular Disease Cleerly Computed Tomography CT Fidelity Health IT Funding Health IT Fundings Health IT Investment James Min T. Rowe Price Source Type: blogs