Last deal

Amount

Venture - Series Unknown

Stage

21.02.2024

Date

5

all rounds

$60.5M

Total amount

General

About Company
CLARA Analytics provides AI-based products that improve claims outcomes in commercial insurance.

Industry

Sector :

Subsector :

Also Known As

CLARA

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company's software uses image recognition, natural language processing, and other AI techniques to extract insights from medical notes, bills, and other claim-related documents. This predictive insight gives adjusters "AI superpowers" to reduce claim costs and optimize outcomes for the carrier, customer, and claimant. CLARA Analytics serves top 25 global insurance carriers, third-party administrators, and self-insured organizations, helping them identify the best providers and attorneys and pursue the most cost-effective settlement strategy to reduce costs across their claims operations.
Contacts