Cleerly closes $106M Series C extension led by Insight Partners FDA clears Cleerly ISCHEMIA - per-vessel AI from a CT scan Aetna approves coverage for AI cardiovascular imaging analysis Category I CPT code + Medicare coverage secured Founded 2017 by cardiologist James K. Min in Denver 37 measures of heart health from one coronary CT Cleerly closes $106M Series C extension led by Insight Partners FDA clears Cleerly ISCHEMIA - per-vessel AI from a CT scan Aetna approves coverage for AI cardiovascular imaging analysis Category I CPT code + Medicare coverage secured Founded 2017 by cardiologist James K. Min in Denver 37 measures of heart health from one coronary CT
Company Profile / Cardiovascular AI

Cleerly

Putting a number on the plaque that stress tests can't see.

Denver, CO Founded 2017 ~260 employees $500M+ raised FDA-cleared AI
Cleerly company logo

CLEERLY, INC. - THE COMPANY BUILDING A NEW STANDARD OF CARE FOR HEART DISEASE, ONE CORONARY CT AT A TIME.

$500M+
Total Raised
37
Heart-Health Measures
2024
ISCHEMIA FDA Clearance
20+ yrs
Of Clinical Science
What Cleerly Does

A CT scan, read the way a cardiologist wishes it could be

Cholesterol has a number. Blood pressure has a number. For decades, the plaque actually building up inside a patient's coronary arteries did not. Cleerly's entire premise is to change that.

Cleerly is a digital healthcare company based in Denver, Colorado, that builds FDA-cleared machine-learning software to analyze coronary CT angiography (CCTA) scans. Its algorithms take a routine heart CT and produce a quantitative, vessel-by-vessel picture of coronary artery disease - measuring atherosclerosis (plaque), stenosis, and the likelihood of ischemia without a catheter ever entering the body.

The technology generates a 3D model of a patient's coronary arteries, identifies the lumen and vessel walls, locates and measures narrowings, and then quantifies and categorizes the plaque by volume, composition, length and location. The output is a comprehensive report and an interactive web platform a physician can walk a patient through - turning something invisible into something countable.

"Eliminate heart attacks by creating a new standard of care for heart disease."

Cleerly's stated mission
The Founder & The Expertise

Two decades of research, one stubborn question

Why do so many heart attacks happen in arteries that a stress test just called "normal"?

Cleerly was founded in 2017 by James K. Min, MD, a cardiologist who had spent years watching functional testing miss disease that was plainly visible in the artery wall. The company's science traces back to a coronary CT research program Min began around 2003 at NewYork-Presbyterian / Weill Cornell Medicine.

That academic lineage is the company's core asset. Cleerly's algorithms were developed and validated using millions of medical images from tens of thousands of patients, drawing on landmark multi-center trials including CREDENCE, PACIFIC, CONFIRM and CONFIRM2. Cleerly ISCHEMIA, its per-vessel ischemia estimate, was calibrated against invasive FFR - the catheter-based gold standard the software is designed to help patients avoid.

"We are thrilled to receive this investment from Insight Partners, marking a significant milestone for Cleerly."

James K. Min, MD - Founder & CEO
Products & Services

Three tools, one coronary story

Plaque Analysis · 2020

Cleerly LABS

The core platform. It ingests a CCTA study, builds a 3D model of the coronary arteries, finds the lumen and vessel walls, locates stenoses, and quantifies and categorizes plaque by volume, type, length and location.

FDA-Cleared · 2024

Cleerly ISCHEMIA

A first-of-its-kind, FDA 510(k)-cleared decision-support tool that uses 37 measures of heart health to estimate the likelihood of coronary ischemia at a per-vessel level - a non-invasive signal calibrated to invasive FFR.

Longitudinal · 2023

Cleerly COMPARE

A comparative tool that tracks disease progression or regression across serial scans, turning coronary artery disease into a condition that can be monitored and managed over time.

Customers & The Problem It Solves

Who uses it, and why it matters

Who it serves. Cleerly sells to hospitals, health systems, and cardiology and imaging practices - and, through them, to the patients who arrive for a coronary CT. A physician orders Cleerly on a patient's CCTA and receives back a quantitative report and interactive review.

The problem. Traditional workups often infer heart disease from blood flow or symptoms and can miss the non-obstructive plaque that causes many heart attacks. Invasive angiography answers the question directly but requires a catheter. Cleerly aims for a middle path: measure the disease itself, non-invasively.

  • Hospitals & integrated health systems
  • Cardiology & imaging practices
  • Patients undergoing coronary CT angiography
  • Value-based and preventive-care programs
  • Validated on millions of images from tens of thousands of patients
How It's Different & Where It Fits

Measuring plaque, not just flow

Most rivals model blood flow. Cleerly's bet is on the plaque itself - and on the unglamorous plumbing of reimbursement.

The nearest comparison is HeartFlow, whose FFR-CT technology estimates blood flow through a coronary artery. Cleerly instead focuses on directly quantifying and characterizing the plaque burden - the atherosclerosis that drives disease - while also offering its ISCHEMIA estimate. Other players in and around the space include Elucid, Caristo Diagnostics and Nanox AI, alongside the incumbents Cleerly hopes to displace: stress testing, coronary calcium scoring and invasive angiography.

In healthcare AI, the algorithm is rarely the hard part - getting it cleared, coded and covered is. Cleerly has quietly assembled all three: FDA 510(k) clearance for ISCHEMIA in January 2024, a Category I CPT code, Medicare coverage, and commercial coverage from Aetna. That reimbursement scaffolding is what turns a clever scan into a billable standard of care.

510(k)
FDA Clearance
CPT I
Category I Code
Medicare
Coverage
Aetna
Commercial Payer
Business Model & Funding

A B2B SaaS medical device, funded to scale

Cleerly operates as a B2B software-as-a-medical-device business. Providers pay per analysis or via subscription, and the company monetizes through the clinical reimbursement pathways it has secured. Investors have backed that model heavily - Cleerly has raised more than $500 million across multiple rounds.

2020 · Launch
$43M
2022 · Series C
$223M
2024 · Series C ext.
$106M

The 2022 Series C was led by T. Rowe Price and Fidelity, with earlier backing from Novartis, Cigna Ventures and Peter Thiel. In December 2024, Insight Partners led a $106M Series C extension - joined by Battery Ventures - to scale commercial growth and clinical evidence generation.

Timeline

From research program to standard of care

2003

The research program begins

James Min starts a coronary CT research program at NewYork-Presbyterian / Weill Cornell Medicine that will later underpin Cleerly.

2017

Cleerly founded

Min founds Cleerly in Denver to commercialize AI-based coronary plaque analysis.

2020

Cleerly launches with $43M

The company emerges publicly with early funding and its CCTA plaque-analysis platform.

2022

$223M Series C

An oversubscribed round led by T. Rowe Price and Fidelity supercharges commercialization and evidence generation.

2024

FDA clears Cleerly ISCHEMIA

The company receives 510(k) clearance for its per-vessel AI ischemia estimate and closes a $106M Series C extension led by Insight Partners.

Achievements & Fun Facts

Worth knowing

  • FDA 510(k) clearance for Cleerly ISCHEMIA (Jan 2024)
  • Category I CPT code + Medicare coverage secured
  • Commercial payer coverage from Aetna
  • $500M+ raised from top-tier investors
  • Validated across CREDENCE, PACIFIC & CONFIRM trials
  • Grew out of a research program begun around 2003 at Weill Cornell
  • Pitch: coronary plaque should have a number, like cholesterol
  • One analysis reads out 37 measures of heart health
  • Early backers included Peter Thiel, Novartis & Cigna Ventures
  • ISCHEMIA calibrated against invasive FFR
Watch & Learn

See it in action

Explore Cleerly's product explainers, demos and interviews:

FAQ

Questions people ask about Cleerly

What does Cleerly do?

Cleerly makes FDA-cleared AI software that analyzes coronary CT angiography scans to non-invasively measure plaque, stenosis and the likelihood of ischemia in the heart's arteries, helping physicians diagnose and manage coronary artery disease.

Who founded Cleerly and when?

Cleerly was founded in 2017 by cardiologist James K. Min, MD, who serves as CEO. Its science traces back to a research program he began around 2003 at Weill Cornell Medicine.

How much funding has Cleerly raised?

Cleerly has raised more than $500 million across multiple rounds, including a $223M Series C in 2022 and a $106M Series C extension led by Insight Partners in December 2024.

Is Cleerly FDA cleared and covered by insurance?

Yes. Cleerly ISCHEMIA received FDA 510(k) clearance in January 2024, and the company has secured Medicare coverage, a Category I CPT code, and commercial coverage from payers such as Aetna.

How is Cleerly different from a stress test?

Instead of inferring problems from blood flow or symptoms, Cleerly directly measures and quantifies the plaque in each coronary artery from a CT scan, aiming to catch disease that functional tests can miss.

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