UPMC backs healthcare analytics company in $50M financing round

UPMC Enterprises, the venture capital arm of Pittsburgh-based UPMC, joined in a $50 million series D financing round for Clearsense, a healthcare analytics and data company.

The company will use the financing to invest in infrastructure, technology and the expansion of its 1Clearsense Data Management Platform. HealthQuest Capital led the financing round, according to a Jan. 31 Clearsense news release.

UPMC has previously invested in Clearsense.

"We seek to partner with transformative companies that meaningfully improve patient outcomes and economics across the healthcare ecosystem," Anthony Williams, a HealthQuest Capital partner joining the Cleasense board, said. Clearsense's platform accomplishes both of these objectives by enabling hospitals and health systems to utilize their data as a valuable asset."

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