/Companies

Clara Analytics

Santa Clara, US · Founded 2017 · Delaware corporation · 2 known investors

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CLARA Analytics provides AI and machine learning software that analyzes historical and contributory claims data to give insurance carriers and claims teams predictive insights for managing claims. Its AI-as-a-service integrates with core RMIS systems and existing workflows via APIs.

Founders & leadership

Clara Analytics was founded in 2017 by Jayant Lakshmikanthan.

JLJayant Lakshmikanthan
Jayant LakshmikanthanFounder and Chief Product Officer2017–2020Jayant Lakshmikanthan is an executive officer and director at Clara Analytics, which provides AI and machine learning software that analyzes insurance claims data to deliver predictive insights for carriers and claims teams.
HW
Heather WilsonCEO
MG
Mohan GiridharadasNamed on SEC filing

Investors · 2

Funding

SEC filings, press & company announcements

$44.1M disclosed across 3 of 4 rounds · 2017–2023

▶$21.2MraisedMay 2020 · 8 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Gary HagmuellerExecutive Officer, Director
  • Steven JonesDirector
  • Matthew StreisfeldDirector
  • Mohan GiridharadasDirector
  • Karin RoeschleinExecutive Officer
  • Arjun BhagatDirector
  • Andrew RobinsonDirector
Offering amount
$25.2M
Amount sold
$21.2M
First sale
May 2020
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$11.5MraisedJan 2018 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Matthew StreisfeldDirector
  • Jayant LakshmikanthanExecutive Officer, Director
  • Mohan GiridharadasDirector
  • Arjun BhagatDirector
  • Andrew RobinsonDirector
Offering amount
$12.3M
Amount sold
$11.5M
First sale
Dec 2017
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$11.5MraisedNov 2017 · 31 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jayant LakshmikanthanExecutive Officer, Director
  • Mohan GiridharadasDirector
Offering amount
$11.5M
Amount sold
$11.5M
First sale
Oct 2017
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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In the news

Frequently asked questions

What does Clara Analytics do?
CLARA Analytics provides AI and machine learning software that analyzes historical and contributory claims data to give insurance carriers and claims teams predictive insights for managing claims. Its AI-as-a-service integrates with core RMIS systems and existing workflows via APIs.
Who founded Clara Analytics?
Clara Analytics was founded by Jayant Lakshmikanthan in 2017.
Who are Clara Analytics's investors?
Clara Analytics's investors include Aspen Capital Group, Oak HC/FT.
How much funding has Clara Analytics raised?
Clara Analytics has disclosed $44.1M raised across 3 of its 4 known rounds.
Where is Clara Analytics headquartered?
Clara Analytics is headquartered in Santa Clara, US.