About CLARILIS
CLARILIS is a company based in Birmingham (United Kingdom) founded in 2011 by Richard Hay and James Quinn.. CLARILIS has raised $11.99 million across 4 funding rounds from investors including Mercia, NVM Private Equity and Gresham House Ventures. The company has 41 employees as of December 31, 2020. CLARILIS offers products and services including Clarilis Platform, AI Draft, and Managed Service. CLARILIS operates in a competitive market with competitors including Definely, Leegality, Lawyaw, Omtool and Attestation Légale, among others.
- Headquarter Birmingham, United Kingdom
- Employees 41 as on 31 Dec, 2020
- Founders Richard Hay, James Quinn
- Stage Minicorn
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Sectors
Professional & Legal Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Clarilis Limited
- Date of Incorporation 18 Jul, 2011
- Jurisdiction BIRMINGHAM, WEST MIDLANDS, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.99 M (USD)
in 4 rounds
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Latest Funding Round
$7.85 M (USD), Series B
Jul 31, 2020
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Investors
Mercia
& 2 more
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Employee Count
41
as on Dec 31, 2020
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Products & Services of CLARILIS
CLARILIS offers a comprehensive portfolio of products and services, including Clarilis Platform, AI Draft, and Managed Service. 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.
Automates drafting of legal document suites for efficiency.
Enhances legal drafting using LLMs and matter context.
Handles design and implementation of automation projects.
Funding Insights of CLARILIS
CLARILIS has successfully raised a total of $11.99M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $7.85 million completed in July 2020. 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 4
- Last Round Series B — $7.9M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Series B - CLARILIS | Valuation | Gresham House Ventures | |
| Jul, 2019 | Amount | Series A - CLARILIS | Valuation |
investors |
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| Jun, 2018 | Amount | Series A - CLARILIS | Valuation |
investors |
| 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 CLARILIS
CLARILIS has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Mercia, NVM Private Equity and Gresham House Ventures. 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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Growth equity investments are made to scale high-potential businesses.
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Founded Year | Domain | Location | |
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Private equity investments are managed across the UK.
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Founded Year | Domain | Location | |
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Investment management services are provided by Mercia to various clients.
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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 CLARILIS
| 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 |
Financial Statements - CLARILIS
| 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 |
Clarilis Comparisons
Competitors of CLARILIS
CLARILIS 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 Definely, Leegality, Lawyaw, Omtool and Attestation Légale, 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 |
Legal technology tools for contract drafting and review are developed.
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| domain | founded_year | HQ Location |
Platform offering document automation software
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| domain | founded_year | HQ Location |
Legal document assembly and automation software for templates is provided.
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| domain | founded_year | HQ Location |
Cloud-based document management software is provided for capture and archiving.
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| domain | founded_year | HQ Location |
Supplier compliance documentation is managed through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about CLARILIS
When was CLARILIS founded?
CLARILIS was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is CLARILIS located?
CLARILIS is headquartered in Birmingham, United Kingdom. It is registered at Birmingham, England, United Kingdom.
Who is the current CEO of CLARILIS?
James Quinn is the current CEO of CLARILIS. They have also founded this company.
Is CLARILIS a funded company?
CLARILIS is a funded company, having raised a total of $11.99M across 4 funding rounds to date. The company's 1st funding round was a Series A of $4.1M, raised on Jan 29, 2015.
How many employees does CLARILIS have?
As of Dec 31, 2020, the latest employee count at CLARILIS is 41.
What does CLARILIS do?
CLARILIS was founded in 2011 in Birmingham, United Kingdom, as a provider of cloud-based systems for legal document management and practice automation. Operations focus on handling legal documents, case automation, and improving file quality. Services encompass document analysis, automation tools, and template management to capture drafting methodologies. Clients served include law firms such as Forsters, RPC, and Simmons Simmons, along with organizations like National Grid.
Who are the top competitors of CLARILIS?
What products or services does CLARILIS offer?
CLARILIS offers Clarilis Platform, AI Draft, and Managed Service.
Who are CLARILIS's investors?
CLARILIS has 3 investors. Key investors include Mercia, NVM Private Equity, and Gresham House Ventures.
What is CLARILIS's valuation?
The valuation of CLARILIS is $31.9M as of Jul 2020.