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Cleveland Clinic company logo
Non-Profit Foundation
HEALTHCARE | Medical Facilities & Services / Hospitals
clevelandclinic.org

Investments

21

Funds

1

Partners & Customers

10

About Cleveland Clinic

Cleveland Clinic is a non-profit, academic medical center that provides clinical and hospital care and is engaged in research, education, and health information. It was founded in 1921 and is based in Cleveland, Ohio.

Headquarters Location

9500 Euclid Avenue

Cleveland, Ohio, 44195,

United States

+1-800-223-2273

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Research containing Cleveland Clinic

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Cleveland Clinic in 1 CB Insights research brief, most recently on Oct 30, 2020.

Latest Cleveland Clinic News

Scientists identify drug target for multiple mosquito-transmitted viruses

Aug 16, 2023

Human proteins dont change rapidly, explains the studys second author Cindy Chiang from Cleveland Clinic, US.Targeting the hosts KAT5 protein should be much more effective in the long term to treat these viruses, Chiang said.The study suggests that creating drugs targeting the human KAT5 enzyme might help target not only Zika but also several other mosquito-transmitted flaviviruses. PTI | New Delhi | Updated: 16-08-2023 12:04 IST | Created: 16-08-2023 12:01 IST Representative image Image Credit: ANI Country: SHARE Scientists have found how mosquito-transmitted viruses, including dengue and Zika, hijack host cells to promote their own reproduction. The research, published recently in the journal Cell Host and Microbe, paves the way for developing new therapeutics for these infections with no or very limited treatments. ''Our findings bring us one step closer to understanding and treating currently untreatable mosquito-transmitted pathogens, which are an ever-increasing threat to global human populations,'' said Michaela Gack, Scientific Director of Cleveland Clinic's Florida Research & Innovation Center. ''Our commitment to studying viral pathogens and host enzymes in novel ways may ultimately help us develop new, effective treatments to prevent future threats to human health,'' Gack said in a statement. Viruses cannot survive on their own. While they contain their own genetic material, they don't carry all the genes or factors they need to live and reproduce. That is why viruses infect hosts — they hijack mammalian cells to turn them into virus-making factories. To take control of the infected host cell, the Zika virus, for example, hijacks several proteins inside the cell for its efficient replication. Humans have many enzymes that ''tag'' proteins with other molecules allowing them to function properly. Since the Zika virus is missing certain molecules necessary for its reproduction, it has evolved to utilise a human enzyme called KAT5γ (an acetyltransferase) which helps the virus to amplify its RNA genome in viral replication complexes. The discovery of KAT5γ's critical role in virus replication is the key first step in beginning to design inhibitory molecules to stop viral replication and treat infection. ''Viruses mutate so much that drugging them directly might lose effectivity over time—this is what is known as antiviral drug resistance. Human proteins don't change rapidly,'' explains the study's second author Cindy Chiang from Cleveland Clinic, US. ''Targeting the host's KAT5γ protein should be much more effective in the long term to treat these viruses,” Chiang said. The study suggests that creating drugs targeting the human KAT5γ enzyme might help target not only Zika but also several other mosquito-transmitted flaviviruses. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) READ MORE ON:

Cleveland Clinic Investments

21 Investments

Cleveland Clinic has made 21 investments. Their latest investment was in Enspire DBS Therapy as part of their Series B on August 01, 2023.

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Cleveland Clinic Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/1/2023

Series B

Enspire DBS Therapy

$17.6M

Yes

Cleveland Clinic, JobsOhio, and Undisclosed Investors

1

5/16/2023

Series A

MediView

$15M

Yes

2

1/13/2022

Seed VC

Avaneer Health

$50M

Yes

14

10/13/2020

Seed VC

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$XXM

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10

6/20/2019

Series A - II

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$XXM

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10

Date

8/1/2023

5/16/2023

1/13/2022

10/13/2020

6/20/2019

Round

Series B

Series A

Seed VC

Seed VC

Series A - II

Company

Enspire DBS Therapy

MediView

Avaneer Health

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Amount

$17.6M

$15M

$50M

$XXM

$XXM

New?

Yes

Yes

Yes

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Co-Investors

Cleveland Clinic, JobsOhio, and Undisclosed Investors

Sources

1

2

14

10

10

Cleveland Clinic Acquisitions

3 Acquisitions

Cleveland Clinic acquired 3 companies. Their latest acquisition was BioEnterprise on April 11, 2023.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

4/11/2023

Debt

$XXM

$8.52M

Acquired

1

12/8/2020

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$XXM

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10

7/24/2019

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$XXM

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10

Date

4/11/2023

12/8/2020

7/24/2019

Investment Stage

Debt

Companies

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Valuation

$XXM

$XXM

$XXM

Total Funding

$8.52M

Note

Acquired

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Sources

1

10

10

Cleveland Clinic Fund History

1 Fund History

Cleveland Clinic has 1 fund, including Green Revolving Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

5/10/2016

Green Revolving Fund

$7.5M

1

Closing Date

5/10/2016

Fund

Green Revolving Fund

Fund Type

Status

Amount

$7.5M

Sources

1

Cleveland Clinic Partners & Customers

10 Partners and customers

Cleveland Clinic has 10 strategic partners and customers. Cleveland Clinic recently partnered with Premier League on July 7, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

7/20/2023

Partner

United Kingdom

Cleveland Clinic named medical services provider for Premier League Summer Series

The Premier League , the top level of the English soccer league system , has partnered with Cleveland Clinic to provide medical services during the Premier League Summer Series Tournament .

1

5/22/2023

Partner

United States

Nestlé USA, Cleveland Clinic Launch Frozen Meal Delivery Pilot

`` By leveraging Nestlé 's insights as the world 's largest food and beverage company , and Cleveland Clinic 's expertise in health and wellness , this innovative partnership offers us the opportunity to understand how we can better support people on their health journey . ''

2

5/22/2023

Partner

Switzerland

Cleveland Clinic and Nestlé USA Partner on Meal Delivery Wellness Program.

`` By leveraging Nestle 's insights as the world 's largest food and beverage company , and Cleveland Clinic 's expertise in health and wellness , this innovative partnership offers us the opportunity to understand how we can better support people on their health journey . ''

1

4/18/2023

Vendor

United States

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10

3/21/2023

Partner

United States

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10

Date

7/20/2023

5/22/2023

5/22/2023

4/18/2023

3/21/2023

Type

Partner

Partner

Partner

Vendor

Partner

Business Partner

Country

United Kingdom

United States

Switzerland

United States

United States

News Snippet

Cleveland Clinic named medical services provider for Premier League Summer Series

The Premier League , the top level of the English soccer league system , has partnered with Cleveland Clinic to provide medical services during the Premier League Summer Series Tournament .

Nestlé USA, Cleveland Clinic Launch Frozen Meal Delivery Pilot

`` By leveraging Nestlé 's insights as the world 's largest food and beverage company , and Cleveland Clinic 's expertise in health and wellness , this innovative partnership offers us the opportunity to understand how we can better support people on their health journey . ''

Cleveland Clinic and Nestlé USA Partner on Meal Delivery Wellness Program.

`` By leveraging Nestle 's insights as the world 's largest food and beverage company , and Cleveland Clinic 's expertise in health and wellness , this innovative partnership offers us the opportunity to understand how we can better support people on their health journey . ''

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Sources

1

2

1

10

10

Cleveland Clinic Team

50 Team Members

Cleveland Clinic has 50 team members, including current Chief Executive Officer, Michael A Kessel.

Name

Work History

Title

Status

Michael A Kessel

Chief Executive Officer

Current

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Name

Michael A Kessel

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Work History

Title

Chief Executive Officer

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Status

Current

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