ClearRisk

St. John's, Canada Founded: 2006 • Age: 20 yrs
Cloud-based risk management software is delivered to insurance and SMEs.
Annual revenue - Latest available
Total funding $1.7M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About ClearRisk

ClearRisk is a company based in St. John's (Canada) founded in 2006. ClearRisk has raised $1.7 million across 2 funding rounds from investors including BDC, GrowthWorks Capital and First Angel Network. ClearRisk offers products and services including Claims Management, Incident Management, and Asset Management. ClearRisk operates in a competitive market with competitors including Sedgwick, Kyriba, CyberGRX, Riskonnect and ObserveIT, among others.

  • Headquarter St. John's, Canada
  • Sectors
    Financial Services
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Clearrisk Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.7 M (USD)

    in 2 rounds

  • Latest Funding Round
    $500 K (USD), Seed

    May 23, 2013

  • Investors
    BDC

    & 2 more

  • Employee Count
    Not available
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Products & Services of ClearRisk

ClearRisk offers a comprehensive portfolio of products and services, including Claims Management, Incident Management, and Asset Management.

Product name locked
Category locked
Primary

Software for handling insurance claims and reducing manual processes.

Product name locked
Category locked
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Tool for tracking and resolving incidents to minimize organizational risks.

Product name locked
Category locked
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System for monitoring assets and managing associated risks effectively.

Funding Insights of ClearRisk

ClearRisk has successfully raised a total of $1.7M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in May 2013. 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 ClearRisk

ClearRisk has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include BDC, GrowthWorks Capital and First Angel Network.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Stage-agnostic sector-agnostic VC firm investing in Canada and the US
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A network is established to connect investors with entrepreneurs.
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Commercial banking services for small and medium-sized enterprises are provided.
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Investor details for ClearRisk

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by ClearRisk

Investments
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Investment portfolio details for ClearRisk

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - ClearRisk

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Detailed financials for ClearRisk

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  • Profit trends
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Clearrisk Comparisons

ClearRisk Primary company
Description
Cloud-based risk management software is delivered to insuran...
Location
St. John's, Canada
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for ClearRisk

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Competitors of ClearRisk

ClearRisk 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 Sedgwick, Kyriba, CyberGRX, Riskonnect and ObserveIT, among others.

Company Name Domain Founded year HQ Location Description
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Claims administration, loss adjusting, and benefits management services are provided.
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Cloud-based treasury automation and risk management solutions are provided.
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Cloud-based risk assessment and management solutions are provided for enterprises.
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Cloud-based risk management solutions are offered for the insurance sector.
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Insider threats are detected and managed via user behavior analytics.
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Risk management solutions for financial institutions are offered.
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Detailed competitors of ClearRisk

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Latest news on Clearrisk

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Complete news archive for ClearRisk

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Frequently Asked Questions about ClearRisk

ClearRisk was founded in 2006 and raised its 1st funding round 5 years after it was founded.

ClearRisk is headquartered in St. John's, Canada. It is registered at St. John's, Newfoundland And Labrador, Canada.

ClearRisk is a funded company, having raised a total of $1.7M across 2 funding rounds to date.

ClearRisk provides cloud and mobile software solutions to the insurance industry in North America. The company offers ClearRisk Manager, an online risk management application platform to build risk management plans and tools to implement them; ClearRisk Tracker, a claims and risk system software for municipalities and the mid-market that allows users to manage insurance claims, exposures, incidents, and policies; and ClearRisk Underwriter, a Web-based application for insurance brokers and underwriters, automate and collaborates on program and group business. It serves insurance brokers, underwriters, risk managers, and other insurance professionals. ClearRisk. was formerly known as Livyer Enterprises Ltd. and it was rebranded in August 2008.

ClearRisk's top competitors include Sedgwick, Kyriba and Middesk.

ClearRisk offers Claims Management, Incident Management, and Asset Management.

ClearRisk has 3 investors. Key investors include BDC, GrowthWorks Capital, and First Angel Network.

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