Klarity raised $70M in a Series B led by Nat Friedman and Daniel Gross, with participation from Scale Venture Partners, Tola Capital, Picus Capital, Invus Capital, and Y Combinator to expand its AI-driven data processing technology and grow its staff.
Amount Raised
$70 Million
Round Type
Series B
San FranciscoInformation TechnologyFinancial ServicesSoftwareInvestors
Description
San Francisco-based accounting startup Klarity raised a $70 million Series B funding round led by Nat Friedman and Daniel Gross, with additional participation from Scale Venture Partners, Tola Capital, Picus Capital, Invus Capital, and Y Combinator. The company utilizes AI to streamline data processing in contracts and internal records, eliminating manual work. The funding will be used to expand its staff from 130 to triple that number and further develop its AI technology.
Quick answer
Klarity raised $70 Million in a Series B round, dated June 27, 2024. Investors: Y Combinator, Invus Capital, Picus Capital, Tola Capital, Scale Venture Partners, Daniel Gross and Nat Friedman. Klarity is based in San Francisco, California, United States.
- How much did Klarity raise?
- Klarity raised $70 Million in a Series B round on June 27, 2024.
- Who invested in Klarity?
- Y Combinator, Invus Capital, Picus Capital, Tola Capital, Scale Venture Partners, Daniel Gross and Nat Friedman are named as investors in this round.
- What does Klarity do?
- Klarity’s GenAI solution revolutionizes accounting and operations with human-level understanding.
- Where is Klarity based and how big is it?
- Klarity is based in San Francisco, California, United States.
- Who are the decision-makers at Klarity?
- Fundz holds 1 contact at Klarity. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as Klarity that raised within 45 days of this round, from Fundz verified event records.
- Rillet raised $14M (Series A) on July 29, 2024.
- Axle Automation raised $2.5M (Seed) on July 29, 2024.
- Bunch raised $16M (Series A) on July 25, 2024.
- Matera raised $100M on July 17, 2024.
- Female Invest raised $16M on July 15, 2024.
- Tread.fi raised $3.5M (Pre-Seed) on July 10, 2024.
Who to call at Klarity, and when
A new round usually means Klarity is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Klarity raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Klarity, from your own LinkedIn network
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Funding Insights
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