Clarify CEO and Co-Founder Jean Drouin image source : Clarify

San Francisco based health tech startup Clarify has just nabbed $57 million in a Series B round led by investment giant Kohlberg Kravis Roberts (KKR) to fuel its growth on its aim of powering the personalization and optimization of every care journey.

The startup which launched in 2015 is gearing this funding towards expansion of its clinical transformation, sales, engineering and data science teams along with the acquisition of new data assets to advance development of its digital care guidance platform.

Clarify offers health insurance, hospital and life sciences firms financial services and consumer tech coupled with deep clinical expertise required to power innovative care delivery models. Its solutions deploy predictive analytics and machine learning on a comprehensive data set of over 20 terabytes consisting of clinical, claims, social determinant, laboratory, and prescription data for output of insights and automation of care navigation.

Clarify Health’s team image source : Clarify

This investment from KKR is coming through its Health Care Strategic Growth Fund aimed on funding high-growth health care-related companies for which it can ink partnerships to boost scale.

“We are thrilled to partner with KKR to build the world’s first real-time care guidance platform,”  Clarify CEO and Co-Founder Jean Drouin stated. “We are entering a new era, where technology can help us to reimagine care delivery. We have accepted for far too long that an accessible, service-oriented, and customer-centric experience is simply unattainable in health care. We are committed to making the words ‘delightful,’ ‘healed,’ and ‘affordable’ far more common in the healthcare lexicon.”

“Today’s health care market is not only very complicated but also extremely fragmented and marked by patient dissatisfaction,” added Ali Satvat, a Member of KKR and Head of KKR’s Health Care Strategic Growth investing efforts.

“The impressive and highly experienced team at Clarify is addressing this problem by bringing the power of technology to the industry in a way in which it has not been applied to date. We are delighted to partner with Clarify on this effort to enable a more effective, efficient, and simply better health care experience for both physicians and the patients who need it.”

Till date, Clarify claims a track record of achieving over $1 billion in improvement at more than 125 health systems, payers, and pharmaceutical companies coupled with a deployment cloud-based software at over 5,000 institutions.

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