Yale New Haven Health invests in NY supply chain startup

HBJ FILE PHOTO Yale New Haven Health

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Yale New Haven Health is among a group of organizations that has backed a $10.5 million investment in Clarium Inc., a New York-based startup company focused on hospital supply chain operations.

Clarium announced the financing round on Tuesday, saying the investment was led by General Catalyst, a San Francisco-based venture capital firm, with backing from Yale NHH, as well as from Kaiser Permanente Ventures, Texas Medical Center Venture Fund, and previous investors AlleyCorp, 1984 Ventures, Alumni Ventures and others.

The latest funding round increases Clarium’s total capital raised to date to $16 million.

Clarium said the latest financing round will be used to continue recruiting staff in the areas of data science, engineering, sales, product and customer service. It also will use the investment to further integrate with existing partners — Yale New Haven Health, CommonSpirit, Geisinger, Ochsner Health and Boston Children’s Hospital — and to build programs with additional health systems.

Clairum said it will also build on and refine its technology’s product offerings and continue to invest in generative AI and large language model technologies to augment its software and applications.

In addition to announcing the financing round, Clarium introduced Astra OS, its AI-powered workflow technology and data ecosystem. It's used to help providers automate their supply chain operations with the goal of achieving cost savings and productivity improvements, the company said.

The company was founded in 2020 by Steve Liou, who serves as CEO, and is headquartered in New York City.