A Series C funding round of $24 million has been raised by CLARA Analytics, an AIaaS company that helps insurance claims professionals optimize outcomes. The round was led by Spring Lake Equity Partners, a new investor that focuses on technology-oriented companies. The existing investors also joined the round, bringing CLARA’s total funding to $60 million.
CLARA Analytics plans to use the new funds to enhance its AI capabilities, such as generative AI, predictive modeling, and natural language processing. These capabilities enable CLARA to analyze medical notes, legal documents, bills, and other data sources related to a claim, and provide insights that reduce claim costs and improve customer satisfaction.
CLARA Analytics was founded in 2017 and is based in Santa Clara, CA. The company serves a range of customers, from global insurance carriers to self-insured organizations, including Amazon for its corporate workers’ compensation claims program.
A Series C funding round of $24 million has been raised by CLARA Analytics, an AIaaS company that helps insurance claims professionals optimize outcomes.
The round was led by Spring Lake Equity Partners, a new investor that focuses on technology-oriented companies. The existing investors also joined the round, bringing CLARA’s total funding to $60 million.
CLARA Analytics plans to use the new funds to enhance its AI capabilities, such as generative AI, predictive modeling, and natural language processing. These capabilities enable CLARA to analyze medical notes, legal documents, bills, and other data sources related to a claim, and provide insights that reduce claim costs and improve customer satisfaction.
CLARA Analytics was founded in 2017 and is based in Santa Clara, CA. The company serves a range of customers, from global insurance carriers to self-insured organizations, including Amazon for its corporate workers’ compensation claims program.
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