United States · Series E startup

Who invested in ClearDATA

6 rounds we have observed, with the 12 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

BiotechCybersecurityHealthcare

Funding summaryUpdated 26 Oct 2026

$80Mraised across 6 rounds since 2012, from 6 sources

$3.2MSeries A$7.0MSeries B$7.0MSeries B$25MSeries C$12MRound$26MSeries E
Latest round
Series E, $26MNov 2018
Step-upi
2.2×
Investors
12
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012201320142015201620172018
$3.2MSeries A$7.0MSeries B$7.0MSeries B$25MSeries C$12MRound$26MSeries E
First round
Series A, $3.2M
Mar 2012
Biggest round
$26M
Series E · Nov 2018
Usual gap between rounds
18 months
the median of 5

The rounds

  1. Nov 2018
  2. Apr 2017
  3. May 2015
  4. Dec 2013
  5. Aug 2013
  6. Mar 2012
    Series A$3.2M4 new

    Reported by finsmes.com

Founders and team

From ClearDATA's own website: 5 on the team.

  • Rick FroehlichPresident & Chief Executive Officer
  • Carol BooneVice President of People
  • Drew SchaalChief Financial Officer
  • Gregg BjorkChief Revenue Officer
  • Jim DucharmeChief Technology Officer

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Flare CapitalVC firm3rounds
Heritage GroupCompany2rounds
HumanaCorporate VC1round
Jeff MargolisVC firm1round
Excel GroupPrivate equity1round
Evan Hackelno record of our own yet1round
Gil Klimanno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about ClearDATA

Who invested in ClearDATA?

ClearDATA's investors include Norwest Venture Partners, Flare Capital, Merck Global Health Innovation Fund, HLM Investment Partners and Excel Venture Management, and 7 more on record.

How much has ClearDATA raised?

ClearDATA has raised $80M across 6 rounds since 2012.

When did ClearDATA last raise?

ClearDATA's most recent round was a Series E of $26M in Nov 2018.

What was ClearDATA's biggest round?

Its most recent round, $26M in Nov 2018, is also its largest on record.

Who backed ClearDATA first?

ClearDATA's first round on record, in Mar 2012, was backed by Norwest Venture Partners, Jeff Margolis and Evan Hackel and 1 others.

What stage is ClearDATA at?

ClearDATA's latest named round is a Series E, in Nov 2018.

Where is ClearDATA based?

ClearDATA is based in the United States.

Companies like ClearDATA

In the same sector, and raised in the last eighteen months.

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