About Clariti
Clariti is a company based in Vancouver (Canada) founded in 2006. It operates as a SaaS (Software-as-a-Service). Clariti has raised $26.6 million across 4 funding rounds from investors including Canadian Imperial Bank of Commerce, Timia Capital and Vistara Growth. Clariti has completed 2 acquisitions, including Camino Technologies and CivCheck. Clariti offers products and services including Clariti Enterprise, Clariti Launch, and Clariti Guide. Clariti operates in a competitive market with competitors including Thentia, Open Counter, EcoInteractive, Motor Vehicle Software Corporation and GovPilot, among others.
- Headquarter Vancouver, Canada
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Sectors
Government & Social Sector
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.6 M (USD)
in 4 rounds
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Latest Funding Round
$10 M (USD), Debt – Conventional
Jul 11, 2024
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Investors
Canadian Imperial Bank of Commerce
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Camino Technologies
& 1 more
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Products & Services of Clariti
Clariti offers a comprehensive portfolio of products and services, including Clariti Enterprise, Clariti Launch, and Clariti Guide. 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.
Software is designed for large government permitting needs.
Software is tailored for small to mid-sized governments.
Tool is used for pre-application permitting assistance processes.
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Funding Insights of Clariti
Clariti has successfully raised a total of $26.6M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in July 2024. 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 Debt – Conventional — $10.0M
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First Round
First Round
(04 Mar 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Debt – Conventional - Clariti | Valuation |
investors |
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| Apr, 2024 | Amount | Series A - Clariti | Valuation |
investors |
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| Jun, 2022 | Amount | Debt – Venture - Clariti | 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 Clariti
Clariti has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Timia Capital and Vistara Growth. 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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Debt and equity solutions are provided to mid-to-late-stage technology companies.
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Founded Year | Domain | Location | |
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Venture debt firm
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Founded Year | Domain | Location | |
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Commercial banking services are provided to individuals and businesses.
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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 Clariti
Clariti has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Camino Technologies and CivCheck. 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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AI-based compliance platform for construction permitting is provided.
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2023 | ||||
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Permitting and licensing systems along with development guides are provided.
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2018 |
| 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 - Clariti
| 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 |
Clariti Comparisons
Competitors of Clariti
Clariti 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 Thentia, Open Counter, EcoInteractive, Motor Vehicle Software Corporation and GovPilot, 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 |
License registration and renewal are managed via cloud-based software.
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| domain | founded_year | HQ Location |
Business permitting and zoning clearance tools are provided to cities.
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| domain | founded_year | HQ Location |
Document management and project monitoring software solution
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| domain | founded_year | HQ Location |
Electronic vehicle registration and compliance software is provided for California.
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| domain | founded_year | HQ Location |
Offers digital tools to automate processes, manage data, and engage citizens in local governments.
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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 Clariti
Frequently Asked Questions about Clariti
When was Clariti founded?
Clariti was founded in 2006 and raised its 1st funding round 13 years after it was founded.
Where is Clariti located?
Clariti is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of Clariti?
Cyrus Symoom is the current CEO of Clariti.
Is Clariti a funded company?
Clariti is a funded company, having raised a total of $26.6M across 4 funding rounds to date.
What does Clariti do?
Clariti is engaged in developing permitting software tailored for government entities of varying sizes. Solutions are offered for large, mid-sized, and small organizations across North America. The software is designed to streamline community development processes with intuitive, configurable tools. Sectors served include public administration and local governance, with an emphasis on flexibility and user-friendly updates. Products like Clariti Enterprise, Launch, and Guide are built to address specific permitting needs, ensuring efficiency and customer satisfaction.
Who are the top competitors of Clariti?
Clariti's top competitors include Thentia, ViewPoint Cloud and Motor Vehicle Software Corporation.
What products or services does Clariti offer?
Clariti offers Clariti Enterprise, Clariti Launch, and Clariti Guide.
How many acquisitions has Clariti made?
Clariti has made 2 acquisitions, including Camino Technologies, and CivCheck.
Who are Clariti's investors?
Clariti has 4 investors. Key investors include Canadian Imperial Bank of Commerce, Timia Capital, Vistara Growth, and Espresso Capital.
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