CLARA Analytics

About:

CLARA Analytics utilizes AI and data analytics to help insurance companies process and analyze large amounts of data related to claims.

Website: https://www.claraanalytics.com

Twitter/X: claraanalytics

Top Investors: Oak HC/FT, QBE Ventures, Nationwide Ventures, Spring Lake Equity Partners, New York Presbyterian Ventures

Description:

CLARA Analytics improves claims outcomes in commercial insurance with easy-to-use AI-based products. The company’s product suite applies image recognition, natural language processing, and other AI-based techniques to unlock insights from medical notes, bills and other documents surrounding a claim. CLARA’s predictive insight gives adjusters “AI superpowers” that help them reduce claim costs and optimize outcomes for the carrier, customer and claimant. CLARA’s customers include companies from the top 25 global insurance carriers to large third-party administrators and self-insured organizations.

Total Funding Amount:

$60.5M

Estimated Revenue Range:

$1M to $10M

Headquarters Location:

Sunnyvale, California, United States

Founded Date:

2017-01-01

Contact Email:

info(AT)claraanalytics.com

Founders:

Jayant Lakshmikanthan

Number of Employees:

11-50

Last Funding Date:

2024-02-21

IPO Status:

Private

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