CLARA analytics
Building easy-to-use AI-based solutions focused on claims operations for the Property & Casualty and Disability insurance industries.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 Valuation: €0.0 16.4x EV/Revenue | round | |
* | N/A | Late VC | |
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 91 % | - | 5 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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CLARA Analytics is a US-based company that specializes in providing artificial intelligence (AI) solutions for the commercial insurance industry. The company offers a suite of products that leverage machine learning, natural language processing, and image recognition to improve claims outcomes.
Its main focus is on workers' compensation claims, where it helps claims managers to identify and manage risks, reduce litigation, and optimize settlements. The company's platform analyzes unstructured data from medical records, legal documents, and other sources to provide actionable insights to claims adjusters. CLARA Analytics serves a variety of clients in the insurance ecosystem, including carriers, managing general agents (MGAs), and self-insured organizations. The company operates in the rapidly growing insurtech market, where there is a high demand for technologies that can enhance efficiency and accuracy in claims processing. Its business model is based on providing its software-as-a-service (SaaS) platform to clients on a subscription basis.
Keywords: artificial intelligence, commercial insurance, claims management, workers' compensation, machine learning, natural language processing, risk management, insurtech, data analytics, SaaS