About Clara
Clara is a company based in London (United Kingdom) founded in 2011 by Lee McMahon, Patrick Rogers, Ahmed Arif, Arthur Guest, and Hannah McKinlay was acquired by Ascentium in February 2026. Clara has raised $5.62 million across 5 funding rounds from investors including Plug and Play Tech Center, Shorooq Partners and Techstars. Clara has completed 1 acquisition, including Both UAE. Clara offers products and services including Incorporation Service, Equity Management, Documents and Data Room, and Clara Money. Clara operates in a competitive market with competitors including ZenBusiness, Sleek, LegalPlace, Ureeka and StartupWala, among others.
- Headquarter London, United Kingdom
- Founders Lee McMahon, Patrick Rogers, Ahmed Arif, Arthur Guest, Hannah McKinlay
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Sectors
Professional & Legal Services
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Phone
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Website
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Social
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- Legal Name Clara Technologies (Uk) Limited
- Date of Incorporation 09 Apr, 2019
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5.62 M (USD)
in 5 rounds
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Latest Funding Round
Not available
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Investors
Plug and Play Tech Center
& 11 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Ascentium
(Feb 12, 2026)
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Products & Services of Clara
Clara offers a comprehensive portfolio of products and services, including Incorporation Service, Equity Management, Documents and Data Room, and Clara Money.
Digital platform for forming companies in key jurisdictions
Tools for managing cap tables and ESOPs efficiently
Platform for creating, signing, and storing legal documents
Service for opening and managing business bank accounts
People of Clara
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Funding Insights of Clara
Clara has successfully raised a total of $5.62M across 5 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.
Investors in Clara
Clara has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, Shorooq Partners and Techstars.
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Startups are accelerated and invested in across multiple tech sectors.
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Tech & Offline focused VC firm investing in seed & growth stage startups in the US & UAE
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Startups are accelerated globally without sector restrictions through structured programs.
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Investor details for Clara
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Investments & Acquisitions by Clara
Clara has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Both UAE.
Investment portfolio details for Clara
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of back office for government services
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Complete acquisition details for Clara
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Financial Statements - Clara
Detailed financials for Clara
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Clara Comparisons
Peer comparison for Clara
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Competitors of Clara
Clara 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 ZenBusiness, Sleek, LegalPlace, Ureeka and StartupWala, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based platform for business incorporation and management is provided.
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Platform offering business incorporation solution
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Platform offering business incorporation solution
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Professional community platform that connects small businesses with expertise
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Offers business registration, trademarks, and tax filings for entrepreneurs.
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Detailed competitors of Clara
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Latest news on Clara
Complete news archive for Clara
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Frequently Asked Questions about Clara
Clara was founded in 2011 and raised its 1st funding round 8 years after it was founded.
Clara is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Patrick Rogers is the current CEO of Clara. They have also founded this company.
Clara is a funded company, having raised a total of $5.62M across 5 funding rounds to date.
Clara was founded in 2011 in London, United Kingdom, as a platform in the legal technology sector. Businesses are incorporated through user-specified requirements, with documents generated automatically. Legal agreements are managed, files are shared among teams, and unstructured data is organized. Document analysis, electronic signing, and due diligence processes are supported across operations.
Clara's top competitors include ZenBusiness, Sleek and StartupWala.
Clara offers Incorporation Service, Equity Management, Documents and Data Room, and Clara Money.
Clara has made 1 acquisition, including Both UAE.
Clara has 12 investors. Key investors include Plug and Play Tech Center, Shorooq Partners, Techstars, Delta Partners, and Dubai Angel Investors.