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.. 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
*********
- Legal Name Clara Technologies (Uk) Limited
- Date of Incorporation 09 Apr, 2019
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.62 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Plug and Play Tech Center
& 10 more
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Employee Count
Employee Count
- Investments & Acquisitions
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(17 Apr 2019)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series A - Clara | Valuation |
investors |
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| Apr, 2022 | Amount | Seed - Clara | Valuation |
investors |
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| Jul, 2021 | Amount | Seed - Clara | Valuation | DIFC |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Clara
Clara has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Plug and Play Tech Center, Shorooq Partners and Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups are accelerated and invested in across multiple tech sectors.
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Founded Year | Domain | Location | |
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Tech & Offline focused VC firm investing in seed & growth stage startups in the US & UAE
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Clara
Clara has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Both UAE. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of back office for government services
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Clara
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Clara Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based platform for business incorporation and management is provided.
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| domain | founded_year | HQ Location |
Platform offering business incorporation solution
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| domain | founded_year | HQ Location |
Platform offering business incorporation solution
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| domain | founded_year | HQ Location |
Professional community platform that connects small businesses with expertise
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| domain | founded_year | HQ Location |
Offers business registration, trademarks, and tax filings for entrepreneurs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Clara
Frequently Asked Questions about Clara
When was Clara founded?
Clara was founded in 2011 and raised its 1st funding round 8 years after it was founded.
Where is Clara located?
Clara is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Clara?
Patrick Rogers is the current CEO of Clara. They have also founded this company.
Is Clara a funded company?
Clara is a funded company, having raised a total of $5.62M across 5 funding rounds to date.
What does Clara do?
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.
Who are the top competitors of Clara?
Clara's top competitors include ZenBusiness, Sleek and StartupWala.
What products or services does Clara offer?
Clara offers Incorporation Service, Equity Management, Documents and Data Room, and Clara Money.
How many acquisitions has Clara made?
Clara has made 1 acquisition, including Both UAE.
Who are Clara's investors?
Clara has 11 investors. Key investors include Plug and Play Tech Center, Shorooq Partners, Techstars, Delta Partners, and Dubai Angel Investors.