Santa ClaraInformation TechnologySoftwareArtificial IntelligenceAnalyticsMachine LearningNatural Language ProcessingBig DataInsurtechInsuranceSaaS
Investors
Nationwide Ventures
Description
CLARA Analytics has received an investment from Nationwide Ventures, the investment arm of the insurance and financial services company. CLARA has raised a total of $64 million, including its recently announced Series C.
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Company Information
Company
CLARA Analytics
Location
451 EL CAMINO REAL, SUITE 201
Santa Clara, California, United States
About
CLARA Analytics is the leading AI as a service (AIaaS) provider that improves casualty claims outcomes for insurance carriers, MGAs, reinsurers, and self-insured organizations. The company’s platform applies image recognition, natural language processing, and other AI-based techniques to unlock insights from medical notes, legal demand packages, bills and other documents surrounding a claim. CLARA’s predictive insight gives claim professionals augmented intelligence that helps them reduce claim costs and optimize outcomes for the carrier, customer and claimant. CLARA’s customers include companies from the top 25 global insurance carriers to large third-party administrators and self-insured organizations. Founded in 2017, CLARA Analytics is headquartered in California’s Silicon Valley.
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