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§ Private Profile · Cleveland, OH, USA
Cloud-computing platform providing big data analytics to leverage electronic medical records for healthcare providers, focused on population health.
Based in Cleveland, Ohio, Explorys provided a secure cloud computing platform that utilized big data analytics to process electronic medical records for broad healthcare improvement initiatives. Operating under a software as a service business model, the company built one of the largest clinical databases in the United States, amassing electronic medical record data on approximately 10 million patients by 2011. The enterprise grew to a headcount of 25 employees and secured an $11.5 million Series C funding round backed by institutional investors including Austin Ventures, Foundation Medical Partners, and Sante Ventures. In April 2015, the business was acquired by IBM and subsequently integrated into the IBM Watson Health division before ceasing independent operations around 2018. Explorys was originally founded as a Cleveland Clinic spinoff in 2009 by Stephen McHale, Charlie Lougheed, and Anil Jain.
Explorys has raised $14.1M across 2 funding rounds.
Explorys has raised $14.1M in total across 2 funding rounds.
Explorys has raised $14.1M in total across 2 funding rounds.
Explorys's investors include Austin Ventures, Foundation Medical Partners, Cleveland Clinic, Sante Ventures.
Explorys has raised $14.1M across 2 funding rounds. Most recently, it raised $11.5M Series C in May 2011.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 12, 2011 | $11.5M Series C | Austin Ventures, Foundation Medical Partners | Cleveland Clinic, Sante Ventures | Announced |
| Aug 2, 2010 | $2.5M Series B | Sante Ventures | Cleveland Clinic | Announced |