Clariti
Company

Last deal

$7.32M
Local Amount - CAD 10M

Amount

Debt Financing

Stage

26.06.2024

Date

3

all rounds

$27.65M

Total amount

date founded

Financing round

General

About Company
Cliniti provides cloud-based permitting and licensing software for state and local governments.

Industry

Sector :

Subsector :

Keywords :

Also Known As

BasicGov

founded date

01.01.2006

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Clariti's software enables state and local governments to digitally transform their services, automating and streamlining processes to save money, meet application demands, ensure regulatory compliance, and achieve remarkable results. The company's permitting and licensing solution empowers governments to improve productivity, provide better services to citizens, and achieve smart growth and sustainability goals.
Contacts
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GL Solutions

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GL Solutions provides fast, powerful, and easy-to-use software for state government licensing systems.

Sector

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Subsector

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Location

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Financials

Funding Rounds
5
3

Number of Funding Rounds

$27.65M

Money Raised

Their latest funding was raised on 26.06.2024. Their latest investor CIBC Innovation Banking. Their latest round Debt Financing

Date 
Funding Round 
Investors 
Money Raised 
Lead 
26.06.2024
1
$7.32M
Local Amount - CAD 10M
10.04.2024
1
$18.13M
Local Amount - CAD 24.6M
04.03.2019
1
$1.5M
Local Amount - CAD 2M

CIBC Innovation Banking

CIBC Innovation Banking provides funding and strategic advice to innovation companies.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Banking, Advice

Location

Toronto, ON, Canada

count Of Investments

92

count Of Exists

9
Vistara Growth

Vistara Growth

Vistara provides flexible growth capital solutions to mid-stage technology companies across North America.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Venture Capital, Finance

Location

Vancouver, BC, Canada

count Of Investments

38

count Of Exists

6
TIMIA Capital

TIMIA Capital

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Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Finance, Venture Capital

Location

Vancouver, BC, Canada

total rounds

2

total raised

$9.25M

count Of Investments

32

count Of Exists

7
Co-Investors
Investors
4
3

Number of lead investors

4

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Debt Financing
Yes
Venture - Series Unknown

CIBC Innovation Banking

CIBC Innovation Banking provides funding and strategic advice to innovation companies.

Sector

Investment Banking and Brokerage Services

Subsector

Diversified Financial Services

Keywords

Financial Services, Banking, Advice

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count Of Investments

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Vistara Growth

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Sector

Investment Banking and Brokerage Services

Subsector

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Keywords

Financial Services, Venture Capital, Finance

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count Of Investments

38

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Neil Kenley

Neil Kenley, Director at Vistara Growth.

PenderFund Capital Management

PenderFund Capital Management

PenderFund Capital Management generates superior risk-adjusted returns for investors.

Sector

Investment Banking and Brokerage Services

Subsector

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count Of Investments

17

count Of Exists

5
Acquisitions
2
Acquiree Name 
Date 
Price 
Acquisition Name 
Camino acquired by Clariti

Camino acquired by Clariti

acquirer

Clariti
Clariti

date

01.05.2023

type

Acquisition
Camino

Camino

Camino is a technology company that develops software to streamline the permitting and licensing processes for government agencies.

Sector

Software and Computer Services

Subsector

Software

Keywords

Software, Energy, Information Technology

Location

San Mateo, CA, USA

total rounds

4

total raised

$5.9M
Explora acquired by Clariti

Explora acquired by Clariti

acquirer

Clariti
Clariti

date

08.01.2020

type

Acquisition
Explora

Explora

Explora is an investment firm that manages and grows businesses.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Toronto, ON, Canada

People

Founders
2
Michael Togyi
Michael Togyi

Michael Togyi

Michael Togyi is Founder & CEO at BasicGov Systems.

organization founded

1

Michael Togyi

David Roberts
David Roberts

David Roberts

Joined the Board in March 2010 Chairman of the Risk Committee. Member of the Audit Committee, the Remuneration Committee and the Nomination & Governance Committee. David has many years of experience at board and executive management level in retail and commercial banking in the UK and internationally. As Chair of the Risk Committee, he has a deep understanding of risk management, underpinned by recent, in-depth knowledge of all aspects of banking operations. David’s valuable contributions to the deliberations of the Board and Committee meetings, combined with natural leadership qualities, make him an effective Deputy Chairman. David has a Diploma in Marketing from the Chartered Institute of Marketing, a degree in Mathematics & Applications from Birmingham University and an MBA from the University of Reading. David joined Barclays in 1983 and held various senior management positions culminating in Executive Director, member of the Group Executive Committee and Chief Executive, International Retail and Commercial Banking, a position which he held until December 2006. He is a former Non-Executive Director of BAA and Absa Group and was Chairman and Chief Executive of BAWAG P.S.K. AG.

current job

Creative Destruction Lab (CDL)
Creative Destruction Lab (CDL)

organization founded

1

David Roberts

Employee Profiles
8
Jim MacLaggan

Jim MacLaggan

Executive Vice President of Sales

Scott Neufeld

VP of Sales

Jeremy Bosch

Jeremy Bosch

Senior Director of Marketing

Emily Zufelt

Emily Zufelt

Director of Partnerships

Cyrus Symoom

Cyrus Symoom

Co-CEO

Jake Dancyger

Jake Dancyger

Co-CEO

Activity

Recent News
7
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

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