About Klara
Klara is a company based in Berlin (Germany) founded in 2013 was acquired by Modernizing Medicine in February 2022. It operates as a SaaS (Software-as-a-Service). Klara has raised $32.04 million across 7 funding rounds from investors including Modernizing Medicine, FirstMark and Partech Partners. Klara offers products and services including Patient Communication, Provider Collaboration, Workflow Automation, and Telemedicine. Klara operates in a competitive market with competitors including PerfectServe, Pulsara, Siilo, Allm and Forcura, among others.
- Headquarter Berlin, Germany
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Sectors
Healthcare
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Phone
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Website
*********
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Social
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- Legal Name Klara Technologies, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32.04 M (USD)
in 7 rounds
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Latest Funding Round
$15 M (USD), Series B
Aug 20, 2020
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Investors
Modernizing Medicine
& 21 more
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Employee Count
Employee Count
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Acquired by
Modernizing Medicine
(Feb 08, 2022)
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Products & Services of Klara
Klara offers a comprehensive portfolio of products and services, including Patient Communication, Provider Collaboration, Workflow Automation, and Telemedicine. 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.
Patient texting is automated to reduce phone volume.
Care team communication is enhanced for better collaboration.
Administrative tasks are automated to reduce paperwork burden.
Remote patient connection is enabled with secure messaging.
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Funding Insights of Klara
Klara has successfully raised a total of $32.04M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in August 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 7
- Last Round Series B — $15.0M
- First Round First Round
- Investors Count 21
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Series B - Klara | Valuation | Frist Cressey Ventures , Gradient Ventures | |
| Mar, 2019 | Amount | Series A - Klara | Valuation | Stage 2 Capital |
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| Aug, 2018 | Amount | Series A - Klara | Valuation | Project A , FirstMark |
| 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 Klara
Klara has secured backing from 22 investors, including venture fund and angel investors. Prominent investors backing the company include Modernizing Medicine, FirstMark and Partech Partners. 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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Healthcare sector investments are primarily managed by Frist Cressey Ventures.
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Founded Year | Domain | Location | |
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Venture capital arm of Alphabet Inc. investing in AI
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Founded Year | Domain | Location | |
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Project A is recognized as an early-stage venture capital firm focused on European startups.
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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 Klara
| 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 - Klara
| 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 |
Klara Comparisons
Competitors of Klara
Klara 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 PerfectServe, Pulsara, Siilo, Allm and Forcura, 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 |
Collaboration platform for providers
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| domain | founded_year | HQ Location |
An app for real-time interaction between the field and between hospital staff
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| domain | founded_year | HQ Location |
Secure messaging is facilitated for medical professionals via mobile app.
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| domain | founded_year | HQ Location |
Healthcare technologies and real-time communications platforms are provided.
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| domain | founded_year | HQ Location |
Healthcare coordination and interoperability software solutions are developed.
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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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Latest news on Klara
Frequently Asked Questions about Klara
When was Klara founded?
Klara was founded in 2013.
Where is Klara located?
Klara is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Klara a funded company?
Klara is a funded company, having raised a total of $32.04M across 7 funding rounds to date. The company's 1st funding round was a Series A of $11.5M, raised on Jun 01, 2013.
What does Klara do?
Conversational patient engagement software is developed by Klara to streamline communication in healthcare settings. Solutions are offered for patient texting, provider collaboration, workflow automation, and telemedicine. The platform is designed to reduce phone volume, centralize communication channels, and automate administrative tasks. Integration with EHR systems is supported, alongside secure messaging for HIPAA compliance. The focus is placed on improving patient outcomes and practice efficiency across medical sectors.
Who are the top competitors of Klara?
Klara's top competitors include PerfectServe, Forcura and Siilo.
What products or services does Klara offer?
Klara offers Patient Communication, Provider Collaboration, Workflow Automation, and Telemedicine.
Who are Klara's investors?
Klara has 22 investors. Key investors include Modernizing Medicine, FirstMark, Partech Partners, Lerer Hippeau, and Frist Cressey Ventures.
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