CLARA Analytics

The AI engine Fit Assessment

Beta

CLARA Analytics offers AI-based products that enhance claims management in the insurance sector by utilizing techniques like image recognition and natural language processing to analyze medical documents and optimize outcomes. Their solutions are designed to help insurance companies reduce costs and improve efficiency in claims processing.

Blurb

CLARA Analytics utilizes AI and data analytics to help insurance companies process and analyze large amounts of data related to claims.

HQ Location

United States

Founded

2017

Employees

65

Total funding raised

$60.50M

Last Funding Event

Venture - Series Unknown, February 21, 2024

Smart insights

  • Michael Macneil (Senior Sales Director) worked at DocuSign as Strategic Enterprise Account Director for 1.5 years (2022 - 2023)
  • Gabe Cossio (VP) worked at Duck Creek Technologies in various roles, including National Sales Director, for a total of 6 years (2016 - 2022)
  • Aaron Wildenhaus (Director of Sales Operations and Enablement) worked at Duck Creek Technologies for 2.5 years (2019 - 2022)
  • Aaron Wildenhaus (Director of Sales Operations and Enablement) worked at Duck Creek Technologies for 2.5 years (2019 - 2022)
  • 6m headcount growth: 15%
  • 1Y headcount growth: 29%
  • Headcount-to-last-round ratio: 6.4 employees/$M

Developer of artificial intelligence and machine learning-based software intended to provide analytics for insurance companies. The company's platforms identify the providers and attorneys to use and help them pursue cost-effective settlement strategies to reduce costs across their claims operations and provide alerts and insights on day one, enabling clients to spot potentially costly claims and take action before they escalate.