# ClearDATA funding: rounds and investors > ClearDATA has raised $80M across 6 rounds since 2012. Investors include Norwest Venture Partners, Flare Capital and Merck Global Health Innovation Fund. Source: https://millionrounds.com/company/cleardata (Millionrounds; every figure on the page links to its filing or article) United States · [Series E startup](https://millionrounds.com/companies) # 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. Biotech Cybersecurity Healthcare Funding summary Updated 26 Oct 2026 **$80M** raised across 6 rounds since 2012, from 6 sources **$3.2M** Series A **$7.0M** Series B **$7.0M** Series B **$25M** Series C **$12M** Round **$26M** Series E - **Latest round:** Series E, $26M Nov 2018 - **Step-up i:** 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. 2012 2013 2014 2015 2016 2017 2018 **$3.2M** Series A **$7.0M** Series B **$7.0M** Series B **$25M** Series C **$12M** Round **$26M** Series E - **First round:** Series A, $3.2M - **Biggest round:** $26M - **Usual gap between rounds:** 18 months ## The rounds - **Nov 2018** Series E **$26M** *2 new* *2 returning* [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Flare Capital](https://millionrounds.com/fund/flare-capital-partners) [Humana](https://millionrounds.com/fund/humana) [Health Care Service Corporation](https://millionrounds.com/fund/health-care-service-corporation) Reported by Businesswire - **Apr 2017** Round **$12M** *1 new* *5 returning* [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Flare Capital](https://millionrounds.com/fund/flare-capital-partners) [HLM Investment Partners](https://millionrounds.com/fund/hlm-investment-partners) [Merck Global Health Innovation Fund](https://millionrounds.com/fund/merck-global-health-innovation-fund) [Heritage Group](https://millionrounds.com/fund/heritage-group) [Excel Group](https://millionrounds.com/fund/excel-group-2) Reported by FinSMEs - **May 2015** Series C **$25M** *3 new* *3 returning* [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Flare Capital](https://millionrounds.com/fund/flare-capital-partners) [HLM Investment Partners](https://millionrounds.com/fund/hlm-investment-partners) [Merck Global Health Innovation Fund](https://millionrounds.com/fund/merck-global-health-innovation-fund) [Excel Venture Management](https://millionrounds.com/fund/excel-venture-management-llc) [Heritage Group](https://millionrounds.com/fund/heritage-group) From a historical funding record - **Dec 2013** Series B **$7.0M** *1 new* [Merck Global Health Innovation Fund](https://millionrounds.com/fund/merck-global-health-innovation-fund) Reported by techcrunch.com - **Aug 2013** Series B **$7.0M** *1 new* *1 returning* [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Excel Venture Management](https://millionrounds.com/fund/excel-venture-management-llc) Reported by techcrunch.com - **Mar 2012** Series A **$3.2M** *4 new* [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Jeff Margolis](https://millionrounds.com/fund/jeff-margolis) Evan Hackel Gil Kliman Reported by finsmes.com ## Founders and team From ClearDATA's own website: 5 on the team. - **Rick Froehlich** President & Chief Executive Officer - **Carol Boone** Vice President of People - **Drew Schaal** Chief Financial Officer - **Gregg Bjork** Chief Revenue Officer - **Jim Ducharme** Chief 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. **Series A** 2012 **Series B** 2013 **Series B** 2013 **Series C** 2015 **Round** 2017 **Series E** 2018 [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Flare Capital](https://millionrounds.com/fund/flare-capital-partners) [Merck Global Health Innovation Fund](https://millionrounds.com/fund/merck-global-health-innovation-fund) [HLM Investment Partners](https://millionrounds.com/fund/hlm-investment-partners) [Excel Venture Management](https://millionrounds.com/fund/excel-venture-management-llc) [Heritage Group](https://millionrounds.com/fund/heritage-group) [Humana](https://millionrounds.com/fund/humana) [Health Care Service Corporation](https://millionrounds.com/fund/health-care-service-corporation) [Jeff Margolis](https://millionrounds.com/fund/jeff-margolis) [Excel Group](https://millionrounds.com/fund/excel-group-2) ## Everyone who backed them [Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **5** rounds [Flare Capital](https://millionrounds.com/fund/flare-capital-partners) VC firm **3** rounds [Merck Global Health Innovation Fund](https://millionrounds.com/fund/merck-global-health-innovation-fund) Corporate VC **3** rounds [HLM Investment Partners](https://millionrounds.com/fund/hlm-investment-partners) VC firm **2** rounds [Excel Venture Management](https://millionrounds.com/fund/excel-venture-management-llc) VC firm **2** rounds [Heritage Group](https://millionrounds.com/fund/heritage-group) Company **2** rounds [Humana](https://millionrounds.com/fund/humana) Corporate VC **1** round [Health Care Service Corporation](https://millionrounds.com/fund/health-care-service-corporation) Corporate VC **1** round [Jeff Margolis](https://millionrounds.com/fund/jeff-margolis) VC firm **1** round [Excel Group](https://millionrounds.com/fund/excel-group-2) Private equity **1** round Evan Hackel no record of our own yet **1** round Gil Kliman no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cleardata). ## 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. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app