CLARA Analytics

Financial AI · InsurTech
$56.7Mtotal raised · 3 rounds on record
1open role
$24Mlatest round · Venture round · Sep 2023 · 3 yr ago
1backers · Oak HC/FT

Overview

CLARA Analytics is an AI-as-a-service provider whose CLARAty.ai platform improves casualty claims management for commercial insurance carriers and self-insured organisations. Founded in 2017, it applies image recognition and natural language processing to medical notes, bills and other claim documents for workers' compensation, commercial auto and general liability claims. The company is headquartered in Santa Clara, California.

Funding and backers

Total raised
$56.7M
3 rounds on record
Latest round
$24M
Venture round · Sep 2023 · 3 yr ago
Team
38
US Form 5500 (plan participants) · Dec 2025 · -32% in a year
Hiring now
1
open roles
Backers
1
Oak HC/FT
The money's age
Long since its last round
37 months since the last round · hiring slowed
Momentum
15/100
in the news
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Sep 21 Launched CLARA Analytics Unveils Industry's First End-to-End Agentic Claims Intelligence Platform · tmcnet.com 2025 Team shrank to 38 was 56 · US Form 5500 (plan participants) Apr 30, 2024 Partnership CLARA Analytics and Origami Risk Partner to Accelerate AI Adoption for Risk Managers and Claim Handlers · Insurance News InsuranceNewsNet Sep 11, 2023 Raised a round Venture round $24M · Pulse 2.0 Nov 17, 2020 Partnership CLARA Analytics Joins Guidewire PartnerConnect Solution Alliance Program to Mitigate Claims Escalation for Adjusters · Nasdaq May 7, 2020 Raised a round Venture round $21.2M · SEC Form D Oct 27, 2017 Raised a round Venture round $11.5M · SEC Form D 2017 Founded
Tractionpublic signals, read monthly
Web presence
top 6%
of 133.2M domains by links, Common Crawl
Funding rounds
RoundDateAmountInvestorsSource
Venture round Sep 2023 $24M — Pulse 2.0
Venture round May 2020 $21.2M — SEC Form D
Venture round Oct 2017 $11.5M — SEC Form D
Registers and programsofficial lists and records that name the company
Legal entity CLARA analytics, Inc. SEC Form D
Founders and leadersfrom filings, registers and the company's site
Jayant LakshmikanthanExecutive Officer, DirectorSEC Form D
Gary HagmuellerExecutive Officer, DirectorSEC Form D
Karin RoeschleinExecutive OfficerSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
Investors in similar startupsfunds that back the companies most like this one
Similar startupsby what they do, their industry and backers
KalepaSeries B $75M · this month · Founded 2018 · 51-200 employees · 19 roles
Kalepa is an insurance technology company that builds AI software for commercial insurance underwriters. Its platform reads broker…
FederatoSeries D $100M · 11 mo ago · Founded 2020 · 51-200 employees · 10 roles
Federato is an insurance technology company that builds an AI-native underwriting platform for property and casualty insurers. Its RiskOps…
Industrial-strength commercial insurance for businesses that build the world. Compare options for general liability, commercial auto…
CuracelFounded 2017 · 11-50 employees · 2 roles
Curacel is a Lagos insurtech founded in 2017 that provides claims automation and distribution infrastructure for insurers. Its API lets…
Adaptional11-50 employees
Custom AI for claims and underwriting that reads, extracts, and analyzes -- so your team can focus on decisions, not data.
BevayaConvertible Note $10.2M · 2 yr ago · Founded 2018 · 51-200 employees · 1 role
Bevaya is the AI agent platform built exclusively for insurance. Carriers, brokers, and TPAs use it to build, run, review, and govern AI…

Jobs

≈ $111k – $207k per year (Estimated) · Remote (United States, ET hours) · Full-Time · 5+ years exp · Bachelor's Degree
ElasticSearch
OpenSearch
AI/ML
Model Context Protocol
AI Agents
AWS Bedrock
LLM
AWS Bedrock AgentCore
DevOps
Terraform
Helm
KEDA
GitLab CI
CI/CD
AWS
Kubernetes
Amazon EKS
AWS Lambda
Amazon EC2
GitLab
Amazon S3
IAM
Amazon ECS
Cybersecurity
SOC 2
Least Privilege
Apply

Visa sponsorship

0
H-1B filings in 12 months
1
Open roles in United States
In the register as Clara Analytics, Inc., Sunnyvale, CA (+1 more)
Other sponsors in the same field
See 1 open role Alert me
US Department of Labor · latest filing Jan 7, 2025 · Visa details by country

Growth

Hiring Momentum
48/100
Stable
Open positions
1
0 opened / 0 closed in 30 days
ATS activity
Every ~5 hours
Today
Hiring Dynamics +100%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
DevOps
100% ▼

Financials

Total raised
$56.7M
Latest round
Venture - Series Unknown
Funding rounds
3
Funding rounds
Round Announced Amount
Venture - Series Unknown 2023 $24M Details
Venture - Series Unknown 2020 $21.2M Details
Venture - Series Unknown 2017 $11.5M Details

People

Jayant Lakshmikanthan
Executive Officer, Director
Gary Hagmueller
Executive Officer, Director
Karin Roeschlein
Executive Officer
Mohan Giridharadas
Director
Matthew Streisfeld
Director
Arjun Bhagat
Director
Andrew Robinson
Director
Steven Jones
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Tech stack

Technologies named in job postings at CLARA Analytics over the last 12 months, by layer, with the share of postings for each.
Technologies in use
21
Postings analysed
1
Stack modernity
74/100AI adopter
Databases
ElasticSearch
OpenSearch
Cloud & platforms
AWS
AWS Bedrock
AWS Bedrock AgentCore
AWS Lambda
Amazon EC2
Amazon ECS
Amazon EKS
Amazon S3
Developer tools
Helm
KEDA
Model Context Protocol
Terraform
AI & ML
LLM
Practices & domains
AI Agents
CI/CD
IAM
Sign in to see how your skills match this stack Sign In

Connections

List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors1
Oak HC/FTVia a fund
113 portfolio companies: Vitalize, Halluminate, Vumedi and 110 more

News

Blog 8 months ago
Document Intelligence: Making OCR Work at Scale
Enterprises are already using foundational LLMs such as Microsoft Copilot or Google Gemini for document tasks such as summarization and content extraction. An adjuster uses Copilot to summarize a medical narrative. Another uses Gemini to pull the demand a
Read more
Report
Blog 8 months ago
The Data Context Layer: Context Engineering for AI-Native Platforms
Context engineering is the hottest term in AI right now. And the entire conversation is stuck on prompting, chatbots, and coding assistants. "Context engineering is the delicate art and science of filling the context window with just the right information
Read more
Report
Blog 9 months ago
AI-Native Engineering Leadership: The Six Forces Reshaping How We Build
Over the last decade, I have seen engineering organizations at every phase: early invention, rapid scale, and the messy middle where shortcuts begin to compound. I have built new products from zero and stepped into systems where accumulated tech debt was
Read more
Report
Blog 9 months ago
Shadow AI is a Governance Failure: How to Build a "Paved Road" for Safe Experimentation
We have spent the last few weeks in this blog series diagnosing the "Shadow AI" crisis. We know why adjusters go rogue. We know the risks of inconsistency. We know the confusion around buying tools. But if you are a leader looking at this mess of unauthor
Read more
Report
Blog 10 months ago
The "Build vs. Buy" Matrix for Claims AI: When Building is Actually the Right Choice
If you are a claims executive, your inbox is likely overflowing with urgent pitches from vendors promising to "revolutionize your claims workflow" with AI. The pressure to buy is real. You are watching competitors announce partnerships, your board is aski
Read more
Report
Blog 10 months ago
Prompt Hacking Claims Guidelines: When Shadow AI Breaks Consistency
The operational pressure driving adjusters to use shadow AI tools to survive their workloads is often called the "Desperation Index." Instead of banning these tools, CIOs should instrument them to understand user needs. Once you accept that your adjusters
Read more
Report
Blog 10 months ago
Guiding Claims to Optimal Outcomes with CLARA Next Best Reasoning
In the modern claims environment, adjusters need clear, immediate instructions on how to act. Building on its foundation of explainable AI, CLARA Next Best Reasoning (NBR) provides a powerful guided experience, ensuring every claims professional takes the
Read more
Report
Blog 10 months ago
CLARA Control Tower: The Game-Changing Hub for Claims Intelligence
In the drive for data-driven claims management, the challenge is often not generating intelligence, but making it immediately accessible, actionable, and tied directly to business results. CLARA Control Tower is the game-changing solution, providing a cen
Read more
Report
Blog 10 months ago
Don't Just Ban Shadow AI, Instrument It: Using Rogue Usage as Your Product Roadmap
The most valuable signal in your claims organization right now is the one you are actively trying to suppress. If you are a CIO, your security dashboard is likely lit up with red flags. You see adjusters attempting to access ChatGPT, unauthorized traffic
Read more
Report
Show more news

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Santa Clara United States
HQ
50-200 est. staff