CLARA Analytics
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CLARA Analytics

http://www.claraanalytics.com/
Last activity: 30.07.2024
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Categories: AnalyticsArtificial IntelligenceCommerceDataDocumentsInsurTechMedTechOptimizeProductScience
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. Founded in 2016, CLARA Analytics is headquartered in California’s Silicon Valley.
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Location: United States, California, Santa Clara
Employees: 51-200
Phone: +1 408-780-9602
Total raised: $60.5M
Founded date: 2016

Investors 2

Funding Rounds 3

DateSeriesAmountInvestors
07.09.2023Series C$24M-
21.05.2020Series B$25M-
04.01.2018Series A$11.5M-

Mentions in press and media 32

DateTitleDescription
30.07.2024AI's impact on emerging risk management trendsAI is exploding, particularly as large language models (LLMs) have infiltrated everyday life. Almost every new mainstream product seems to promote some usage of AI, and industry after industry is being transformed by its capabilities. But d...
26.06.2024Female-founded fintechs raise just 3.4% of sector fundingfigcaption>span]:font-sans" data-chromatic="ignore"> Fintech companies with at least one female co-founder raised 3.4% of all funding in the sector in 2023, data from venture capital firm Anthemis shows. Why it matters:...
19.06.2024Addressing workers' concerns about AIArtificial intelligence (AI) and machine learning (ML) solutions are being adopted across every industry today. Quite often, these initiatives involve deploying ML models into operational settings where the model output ends up being a widg...
16.03.2024Rimes Launches AI-powered Data Lakehouse Copilot for Natural Language InsightsRimes is pleased to announce the launch of its Data Lakehouse Copilot. The Large Language Model (LLM) powered by the AI Copilot quickly provides unique insights from data using natural language. The initial focus for the AI Copilot is to su...
13.03.2024FileCloud Launches Enhanced Data Protection, and AI Capabilities for Secure Content CollaborationThis iteration of the FileCloud solution further simplifies access to powerful cyber and compliance capabilities FileCloud, a leader in content governance and collaboration for unstructured data, announced several new product advancements t...
12.03.2024CLARA Analytics Achieves Record Revenue Growth, Accelerates InnovationNew Investments, New Customers, and High Retention Rate Fund Generative AI Platform CLARA Analytics, a leading provider of artificial intelligence (AI) technology for insurance claims optimization, announced that they have achieved 100% yea...
21.02.2024CLARA Analytics Receives Investment From Nationwide VenturesCLARA Analytics, a Santa Clara, CA-based AI as a service (AIaaS) provider, received an investment from Nationwide Ventures. The amount of the deal was not disclosed. The company intends to use the funds to expand operations and its business...
18.01.2024MEMIC Selects CLARA Analytics to Read and Summarize Medical Records With AICLARA Optics Streamlines Claims Management With Generative AI Maine Employers’ Mutual Insurance Company (MEMIC), workers’ compensation insurance specialists, has chosen CLARA Optics, an AI-driven technology platform developed by CLARA Analy...
07.09.2023CLARA Analytics raises $24 millionClaims intelligence platform CLARA Analytics CLARA Analytics Founded: 2016 Headquarters: Santa Clara, CA, US Total Funding: $60.5M See full company profile "> announced its $24 million Series C funding, bringing its total funding to...
07.09.2023CLARA Analytics Secures $24M Series C Round SANTA CLARA, CA, CLARA Analytics today announced its $24 million Series C funding, bringing its total funding to $60 million. >> Click here for more funding data on CLARA Analytics >> To export CLARA Analytics funding data t...
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