Clearwater

What Clearwater does

Clearwater is a Nashville, Tennessee-based healthcare cybersecurity and compliance firm that delivers managed security services, managed cloud services, cybersecurity consulting, compliance software, and certification support exclusively to healthcare-sector organizations. The company's portfolio centers on the proprietary IRM|Pro Suite platform — a modular compliance software stack that includes IRM|Analysis (risk analysis with a claimed 100% Office for Civil Rights success rate), IRM|Privacy, IRM|Security, IRM|Performance, and IRM|405(d) HICP — alongside a 24/7 Security Operations Center, Microsoft Azure-based managed cloud services, and a HITRUST/SOC 2/PCI DSS/CMMC/EPCS certification practice. Clearwater serves more than 500 customers across hospitals and health systems, physician practices, digital health companies, medical device manufacturers, healthcare-focused private equity investors, healthcare law firms, health plans, and healthcare business associates.

The business model combines three revenue streams: (1) recurring managed services revenue (ClearAdvantage, ClearConfidence, Managed Security Services SOC, Managed Cloud Services) typically structured as subscription or retainer engagements; (2) professional services revenue from risk analysis, vCISO, incident response, technical security testing, and certification engagements; and (3) subscription/software revenue from IRM|Pro Suite licensing, supplemented by a channel partner program (CAPP) for mid-market distribution. Go-to-market is enterprise field sales augmented by heavy content marketing (blog, webinars, podcasts, books) and active participation in healthcare industry conferences. Clearwater has earned Best in KLAS for Security and Privacy Consulting Services (2026), Black Book Top Cybersecurity Consultants (2025), and #36 on MSSP Alert's 2025 Top 250 Global MSSPs list, signaling peer-validated category leadership within healthcare-focused security services.

Name

Clearwater

Legal name

Clearwater & Security Compliance LLC

Website

https://clearwatersecurity.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Clearwater is a Nashville-based healthcare cybersecurity and compliance firm providing managed security services, managed cloud, consulting, and its IRM|Pro Suite compliance software to 500+ hospitals, health systems, physician practices, digital health companies, MedTech firms, and healthcare investors.

Ownership category

akta.pro rank

Product category

Healthcare Cybersecurity and Compliance

NAICS

Computer Systems Design and Related Services (54151), Computer Facilities Management Services (541513), Other Computer Related Services (541519), Security Systems Services (except Locksmiths) (561621)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Data Security & Privacy Managed Services (DLP/Encryption) (BPAEADAL)

akta.pro secondary industries

Cloud Compliance, Audit & Continuous Controls Monitoring (CCM/GRC) (HDABAHAI), Data Security & Privacy for Cloud (DLP, DSPM, Tokenization) (HDABAHAK)

Keywords

• Healthcare cybersecurity services
• Compliance management software
• Managed security services
• HIPAA compliance solutions
• Cyber risk consulting

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Managed Security Services: 24/7 monitoring, threat detection, vulnerability management, firewall management, and incident response services delivered through the company's Security Operations Center
2. Managed Cloud Services: Microsoft Azure Cloud services designed and implemented for security and compliance with ongoing management to optimize healthcare business operations
3. Cybersecurity Consulting Services: Expert security assessments, testing, remediation and execution services including vCISO, incident response, NIST CSF maturity assessment, medical device security, resiliency services, and technical security testing
4. Compliance Services: Rigorous solutions helping healthcare organizations achieve and maintain compliance with key regulations and standards including HIPAA, HITRUST, SOC 2, PCI DSS, CMMC, and EPCS
5. IRM|Pro Suite Software: Award-winning compliance software platform providing insights and solutions to reduce risk and optimize security investments including IRM|Analysis, IRM|Privacy, IRM|Security, IRM|Performance, and IRM|405(d) HICP modules
6. Compliance Assist Partner Program (CAPP): Partner program providing compliance support and assistance to channel partners and resellers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Clearwater provides healthcare-focused cybersecurity, compliance, managed cloud, and risk management solutions combining managed security services (24/7 SOC monitoring, threat detection, incident response), consulting and assessments (vCISO, risk analysis, NIST CSF maturity, penetration testing), the IRM|Pro Suite compliance software platform, and managed cloud services built on Microsoft Azure. The firm is purpose-built for the healthcare ecosystem, with deep specialization in HIPAA, HITRUST, NIST, CMMC, PCI DSS, and SOC 2.

Product overview

Clearwater is a healthcare cybersecurity and compliance firm offering a comprehensive portfolio combining managed services, consulting services, compliance software, and certification support. The core product is the IRM|Pro Suite compliance platform, which includes modules for risk analysis (IRM|Analysis), privacy compliance (IRM|Privacy), security compliance (IRM|Security), performance measurement (IRM|Performance), and 405(d) HICP support (IRM|405(d) HICP). This platform is complemented by managed service programs including ClearAdvantage, ClearConfidence, Managed Security Services, and Managed Cloud Services (for Azure and Microsoft 365). The company provides cybersecurity services such as vCISO, incident response, technical security testing, and medical device security, along with compliance services including HIPAA risk analysis, HITRUST certification, SOC 2, PCI DSS, CMMC, and EPCS certification services. The portfolio also includes AI Risk Governance services and vendor risk management capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• IRM|Pro Suite

Quantifiable outcome

• 100% success rate with Office for Civil Rights in risk analysis
• +2 more outcomes

Named customers4 records

Segments8 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Three partnerships are on record, tiered core.

• CancerXcoreStrategic or Co-development PartnerClearwater is a CancerX Champion and participates in CancerX Innovation Jam events. The partnership focuses on cybersecurity for cancer innovation, addressing data security standards important in oncology research and treatment.
• HITRUSTcoreTechnology or IntegrationClearwater offers HITRUST consulting and certification services with HITRUST-certified assessors who perform interviews and examine organizations' environments and data flow between in-scope systems.
• Microsoft AzurecoreTechnology or IntegrationClearwater's Managed Cloud Services are built on Microsoft Azure Cloud, providing security, compliance, and operations management designed specifically for healthcare organizations.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Fortified Health Security: Healthcare-focused MSSP offering managed security, risk assessments, and compliance services to hospitals and health systems. Most directly comparable peer given its single-vertical MSSP positioning, similar service portfolio (managed SOC, HIPAA, HITRUST), and overlapping customer base with Clearwater.
• CynergisTek (now part of Teachd.ai): Historically one of the largest healthcare-only cybersecurity consultancies, providing HIPAA risk analysis, managed security, and advisory services. Closest direct competitor in scope and customer profile; comparable in vertical specialization and consulting-led model.
• Meditology Services: Healthcare-focused cybersecurity and risk consulting firm serving providers, payers, and business associates with HIPAA, HITRUST, and cybersecurity services. Directly comparable in vertical focus, consulting-led delivery, and compliance expertise.

Emerging players

• Sensato Cybersecurity Solutions: Healthcare-focused cybersecurity firm offering managed security and HIPAA compliance solutions to hospitals and medical practices. Comparable vertical focus but smaller scale and more product-centric approach.
• HIPAA One (now part of Intraprise Health): Healthcare compliance software and services vendor specializing in HIPAA Security Risk Analysis automation. Comparable in healthcare compliance focus and risk analysis domain, though more software-led and narrower in managed services.
• Censinet: Healthcare-specific vendor risk management and third-party risk platform. Competes with Clearwater's Vendor Risk Management as a Service offering for business associates and providers managing third-party risk.

Broad incumbents

• Optiv: Large pure-play cybersecurity solutions integrator and MSSP serving multiple industries including healthcare. Competes with Clearwater on larger IDN engagements and managed SOC services, but lacks Clearwater's exclusive healthcare vertical focus and HITRUST assessor depth.
• CrowdStrike: Global cybersecurity platform with Falcon EDR and MDR offerings used by healthcare organizations. Competes via its industry-leading EDR platform that powers Clearwater's own SOC stack; a strategic threat if it bundles more healthcare-specific compliance services.
• Palo Alto Networks (Unit 42): Major cybersecurity platform with growing healthcare practice and Unit 42 consulting arm. Broadly competes for healthcare MSSP and consulting budgets with deeper R&D resources but less healthcare-vertical specialization.

Others

• Cybereason: Endpoint detection and response and MDR provider with healthcare deployments. An enabling technology that competes for managed security budgets adjacent to Clearwater's SOC offering rather than direct full-stack healthcare compliance services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/clearwater-security-llc

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clearwater