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.

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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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