About CLARA analytics
CLARA analytics is a company based in Santa Clara (United States) founded in 2016. CLARA analytics has raised $60.45 million across 4 funding rounds from investors including Nationwide, QBE Group and Spring Lake Equity Partners. The company has 41 employees. CLARA analytics offers products and services including CLARA Claims DocIntel Pro, CLARA Triage, CLARA Treatment, CLARA Litigation, and CLARA Fraud. CLARA analytics operates in a competitive market with competitors including Insoore, RYZE Claim Solutions, Eucon, n2uitive and Zing Cover, among others.
- Headquarter Santa Clara, United States
- Employees 41
- SectorsFinancial Services
- Email••••••••
- Website claraanalytics.com
- Social LinkedIn X Facebook
- Legal Name Clara Analytics, Inc.
- Total Equity Funding$60.45M (USD)
in 4 rounds
- InvestorsNationwide
& 4 more
- Employee Count41
Products & Services of CLARA analytics
CLARA analytics offers a comprehensive portfolio of products and services, including CLARA Claims DocIntel Pro, CLARA Triage, CLARA Treatment, CLARA Litigation, and CLARA Fraud.
AI tool for scanning and analyzing claim documents quickly.
Identifies costly claims early to reduce indemnity days.
Selects optimal care to save costs and improve outcomes.
Assesses defense performance to minimize claim impacts.
Refers suspicious claims to prevent fraudulent payments.
Streamlines medical cost projections while ensuring compliance.
Funding Insights of CLARA analytics
CLARA analytics has successfully raised a total of $60.45M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $60.45M
- Total Rounds 4
- First Round $11.45M
(Nov 2017)
- Investors Count 5
All 4 funding rounds of CLARA analytics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2024 | – | Series C | – | – | |
| Sep 2023 | $24M | Series C | – | Spring Lake Equity Partners | |
| May 2020 | $25M | Series B | – | Aspen Capital | |
| Nov 2017 | $11.45M | Series A | – | Oak HC/FT | – |
5 investors in total: 5 institutional.
Investors in CLARA analytics
CLARA analytics has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Nationwide, QBE Group and Spring Lake Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on multiple sectors | – | springlakeequitypartners.com | Boston, United States | |
Aspen Capital Group is engaged in growth equity investments. | – | aspencapgroup.com | - | |
Investments are made in early-stage healthtech and fintech startups. | – | oakhcft.com | Stamford, United States | |
Personal and business insurance products are offered by Nationwide. | 1925 | nationwide.com | Columbus, United States | |
General insurance and reinsurance services are offered worldwide. | 1886 | qbe.com | Sydney, Australia |
Investor details for CLARA analytics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of CLARA analytics
20 people are tracked at CLARA analytics (10 in leadership, 2 in board & advisors, 8 in team); the tracked headcount is 41.
| Name | Role | Group |
|---|---|---|
Heather H Wilson | CEO | Leadership |
Aaron Wildenhaus | Director of Sales Operations and Enablement | Leadership |
Alycia Mayhew | Executive Assistant To The Chief Executive Officer | Leadership |
Heather Wilson | CEO | Leadership |
Ram Rangaraj | Chief Technology Officer | Leadership |
Rick Rosenthal | Chief Financial Officer | Leadership |
Douglas Lawrence | Chief Technology Officer | Leadership |
Christine Melancon, RN, CMSP-Fellow | Director of Regulatory Compliance | Leadership |
Mubbin Rabbani | Chief Product Officer | Leadership |
Wayne Chung | CTO | Leadership |
Andrew Pinkes | Independent Board Director | Board & advisors |
David Hollander | Board Director | Board & advisors |
Dorrell Henderson | Product Manager | Team |
Bhargav Reddy | AVP of Application Engineering | Team |
Maxim Ladonnikov | Principal Engineer | Team |
Xi (Charles) Chen | Senior Machine Learning Engineer | Team |
Jan Kiettisarnpipopt | Senior Data Engineer | Team |
Nimesh Mehta | Principal Data Architect | Team |
David Nelson | Manager, Technical Product | Team |
Edward Johnson | Senior Data Science Manager | Team |
Complete people profiles for CLARA analytics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of CLARA analytics
3 dated milestones of CLARA analytics across 8 years, from founding to its latest funding, stage changes and deals.
- Founded CLARA analytics is founded.
- Funding First funding round of $11.5M.
- Funding Latest funding round, Series C,.
Competitors of CLARA analytics
CLARA analytics operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Insoore, RYZE Claim Solutions, Eucon, n2uitive and Zing Cover, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| insoore.com | 2017 | Rome, Italy | $5.98M | – | P&C insurance claims are processed for fleet management and insurers. | |
| ryzeclaims.com | 1996 | Dallas, United States | – | 176 | Property and casualty claims services are managed for insurers. | |
| eucon.com | 2002 | Munster, Germany | – | 92 | Business processes are digitalized through data and analytics solutions. | |
| n2uitive.com | 2006 | Seattle, United States | $1.3M | 6 | SaaS software and analytics are supplied for insurance claims processing. | |
| zingcover.com | 2019 | London, United Kingdom | $1.41M | 7 | Insurance checkout solutions for e-commerce businesses | |
| systemasoft.com | 2006 | Larkspur, United States | – | 838 | Web-based claims administration systems are offered for insurance lines. | |
| consolidatedclaims.com | 2004 | Charlotte, United States | – | – | Claims for insurance carriers are managed using technology and marketing. | |
| claimsconsortiumgroup.co.uk | 1996 | Somerset, United Kingdom | – | – | Claims management for UK insurers is handled via specialized technology. |
Detailed competitors of CLARA analytics
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of CLARA analytics
The website of CLARA analytics (claraanalytics.com) receives about 6.5K visits a month.
- Monthly visits6.5K
▼ 18.3% vs previous month
Websites whose visitors overlap most with CLARA analytics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| zesty.ai | 100% | 14.1K | #1,676,941 | View details |
Latest news on Clara Analytics
Complete news archive for CLARA analytics
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to CLARA analytics
10 companies that operate in the same segment as CLARA analytics (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | – | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | – | – | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Finland | USD 1.16 B | – | – | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | – | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 182.84 M | – | – |
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Frequently Asked Questions about CLARA analytics
CLARA analytics was founded in 2016 and raised its 1st funding round 1 year after it was founded.
CLARA analytics is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Heather H Wilson is the current CEO of CLARA analytics.
CLARA analytics is a funded company, having raised a total of $60.45M across 4 funding rounds to date. The company's 1st funding round was a Series A of $11.45M, raised on Nov 2017.
CLARA analytics has 41 employees.
CLARA analytics was founded in 2016 in Santa Clara, United States, focusing on the insurance sector. AI-based software for workers compensation claims management is developed, incorporating predictive analytics to handle claims efficiently. Key offerings include CLARA claims for cost mitigation, CLARA providers for doctor selection, and CLARA litigation for identifying potential legal issues and attorneys. Operations center on data-driven solutions to support claims processing across the U.S.
CLARA analytics's top competitors include RYZE Claim Solutions, n2uitive and Insoore.
CLARA analytics offers CLARA Claims DocIntel Pro, CLARA Triage, CLARA Treatment, CLARA Litigation, and 2 more products and services.
CLARA analytics has 5 investors. Key investors include Nationwide, QBE Group, Spring Lake Equity Partners, Aspen Capital Group, and Oak HC/FT.
CLARA analytics operates through Clara Analytics, Inc..