Clarium Announces $27 Million in Funding from Northzone to Bolster Its Supply Chain Management Platform

Clarium has announced a $27 million Series A funding round from Northzone, bringing their total funding to $43 million to date. PR Newswire has the release.

This funding will help the company achieve its goal of “optimizing the modern health system and mitigating growing economic and environmental uncertainty in the supply chain for suppliers and hospitals.” Their platform “collects, unifies, and automates crowdsourced data from providers, suppliers, and vendors across the entire healthcare supply chain,” creating an AI-powered “resiliency platform dedicated to helping major hospitals and health systems manage their supply chain operations.”

The platform “predicts supply chain disruptions based on real-time weather, geopolitical, and current events data, providing tailored recommendations for substitutions and preventing major disruptions to productivity and outcomes.” After adopting the platform, called Astra OS, “hospital systems have seen over $10 million in average cost savings, fueled by 50% faster disruption resolution and 88% substitute approvals.”

The $24 million investment from Northzone and existing partners will help the company “accelerate the development and scale of Astra OS – including additional app and solution development – expand its team, and develop relationships with new health system partners.”