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CLARA analytics

ID: 5583329

CLARA analytics drives change in the commercial insurance markets with easy-to-use artificial intelligence (AI)-based solutions that dramatically reduce claims costs by anticipating the needs of claimants and helping align the best resources to meet those needs. Leading examples of our solutions include CLARA providers, an award-winning provider scoring engine that helps rapidly connect injured workers with top performing doctors, and CLARA claims - an early warning system that helps frontline claims teams efficiently manage claims, reduce escalations and understand the drivers of complexity. Our customers include a broad spectrum from the top 25 insurance carriers to small, self-insured organizations.

3

Funding Rounds

$48.0m

Money raised

Overview

CLARA analytics drives change in the commercial insurance markets with easy-to-use artificial intelligence (AI)-based solutions that dramatically reduce claims costs by anticipating the needs of claimants and helping align the best resources to meet those needs. Leading examples of our solutions include CLARA providers, an award-winning provider scoring engine that helps rapidly connect injured workers with top performing doctors, and CLARA claims - an early warning system that helps frontline claims teams efficiently manage claims, reduce escalations and understand the drivers of complexity. Our customers include a broad spectrum from the top 25 insurance carriers to small, self-insured organizations.

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Financial Details

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Funding

Funding series

Funding Series Analysis

The company CLARA analytics has raised a total of $36.5m in funding over 3 rounds.

Key Insights:

  • CLARA analytics Series B round, May 2020: $25m
  • Clara Analytics Series A round, January 2017: $11.5m
  • CLARA analytics funding round, January 2018: $11.5m

Industries

CLARA analytics is active in the following industries: