When was CLARA analytics founded?

CLARA analytics was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is CLARA analytics located?

CLARA analytics is headquartered in Santa Clara, United States. It is registered at Santa Clara, California.

How many employees does CLARA analytics have?

As of Sep 30, 2026, the latest employee count at CLARA analytics is 60.

Is CLARA analytics a funded company?

CLARA analytics is a funded company, having raised a total of $64M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Nov 13, 2017.

When was the latest funding round of CLARA analytics?

CLARA analytics' latest funding was a $***** Series C round on Feb 21, 2024, with participation from 1 investor.

Where does CLARA analytics rank among its competitors?

CLARA analytics ranks 1st amongst 259 active competitors, of which 39 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Avallon, which secured $4.6M in Nov, 2025.

Who are the top competitors of CLARA analytics?

CLARA analytics' top competitors include Sprout.ai, Ontellus and Omnius. Among them, Avallon secured the most recent funding round in November, 2025.

CLARA analytics - 2026 Company Profile, Team, Funding & Competitors

CLARA analytics is a series C company based in Santa Clara (United States), founded in 2016 by Jayant Lakshmikanthan. It operates as a Workers' Compensation claims management with predictive analytics. CLARA analytics has raised $64M in funding from investors like Spring Lake Equity Partners, Oak HC/FT and Aspen Capital. The company has 259 active competitors, including 39 funded and 20 that have exited. Its top competitors include companies like Sprout.ai, Ontellus and Omnius.

Company Details

CLARA analytics provides an AI-based workers' compensation claims management software that utilities predictive analytics. Its products include CLARA claims to mitigate escalating claim costs, CLARA providers to quickly identify the best doctor for every claim, CLARA litigation to detect potential litigation and find attorney, and more.

Website: claraanalytics.com
Social
Email ID: *****@claraanalytics.com
Registered Address: Santa Clara, California

Key Metrics

Founded Year

2016

Location

Santa Clara, United States

Stage

Series C

Total Funding

$64M in 4 rounds

Latest Funding Round

Series C, Feb 21, 2024, $*****

Investors

Spring Lake Equity Partners & 5 more

Ranked

1^st among 259 active competitors

Employee Count

60 as on Sep 30, 2026

Similar Companies

Enlyte & 92 more

View CLARA analytics' full profile

CLARA analytics is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Clara Analytics, Inc. CIN: 822719773 , United States, Active	Dec 26, 999	-	56 (As on Dec 31, 2024)	-

CLARA analytics has raised a total funding of $64M over 4 rounds. Its first funding round was on Nov 13, 2017. Its latest funding round was a Series C round on Feb 21, 2024 for $*****. 1 investor participated in its latest round. CLARA analytics has 6 institutional investors.

Here is the list of recent funding rounds of CLARA analytics:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 21, 2024	7624916	Series C	7771369	7382729	5228840	9521837
Sep 07, 2023	7378442	Series C	1990534	9588269	5300223	Aspen Capital & 2 more
May 21, 2020	8339092	Series B	7150998	1580601	Aspen Capital	Oak HC/FT

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View details of CLARA analytics's funding rounds and investors

The founders of CLARA analytics is Jayant Lakshmikanthan.

Here are the details of CLARA analytics' key team members:

Jayant Lakshmikanthan: Founder and Chief Product Officer of CLARA analytics. They serve on the board of 1 company.

CLARA analytics' Board of Directors

CLARA analytics's board has 8 active members. Mohan Giridharadas, Jayant Lakshmikanthan, Andrew Robinson, Gary Hagmueller, Arjun Bhagat, Steven Jones, Matthew Streisfeld and Karin Roeschlein are independent board members.

Here is the list of CLARA analytics' board of directors:

Name	Type	Representing	Status	Duration
Mohan Giridharadas	Independent board member	-	Current	8y 10m
cwr{eqc	Independent board member	-	Current	4y 4m
unpennf	Independent board member	-	Current	6y 1m
yvydwqx	Independent board member	-	Current	5y 6m
djxetqj	Independent board member	-	Current	9y 3m
luaqqwd	Independent board member	-	Current	8y 7m
gasbtoh	Independent board member	-	Current	6y 4m
knbvxzq	Independent board member	-	Current	8y 7m

View details of CLARA analytics's Founder profiles and Board Members

CLARA analytics' employee count trend

CLARA analytics has 60 employees as of Sep 26. Here is CLARA analytics's employee count trend over the years:

Employee count trend for CLARA analytics

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Top competitors of CLARA analytics include Sprout.ai, Ontellus and Omnius. Here is the list of Top 10 competitors of CLARA analytics, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	CLARA analytics 2016, Santa Clara (United States), Series C	Workers' Compensation claims management with predictive analytics	$64M	Oak HC/FT, Shah Capital Partners & 4 others	66/100
2nd	Sprout.ai 2018, London (United Kingdom), Series A	AI-based software suite for personal and commercial insurers	$38.3M	Amadeus Capital, Octopus Ventures & 33 others	61/100
3rd	Ontellus 1975, Houston (United States), Acquired	Provider of records retrieval services for insurance claims and litigation. It offers services to insurance companies, law firms, and custodians. The company facilitates the secure retrieval and delivery of medical, social media, and other relevant records. Its services include record organization, analysis, and summary tools to streamline the claims and litigation processes. A secure online portal is provided for efficient record access and management.	-	Aquiline Capital Partners, Stellus Capital Management ... & 1 others	58/100
4th	Omnius 2015, Berlin (Germany), Acquired	Provider of AI solutions for insurance claims processing and automation	$52.7M	MMC Ventures, Baloise & 24 others	56/100
5th	Elysian Nashville (United States), Series A	Provider of AI-native third-party administration for commercial property and casualty claims	$9M	Portage, American Family Ventures & 3 others	54/100
6th	WeGoLook 2009, Oklahoma City (United States), Acquired	Claim processing and inspection solutions	$3.35M	Tech Coast Angels, Plains Ventures & 2 others	54/100
7th	Hi.health 2018, Wien (Austria), Acquired	Provider of digital payment cards and payment solutions for insurance.	$1M	Speedinvest, Seedcamp & 3 others	53/100
8th	Assured Insurance Technologies 2019, Palo Alto (United States), Seed	Provider of SaaS claims processing solutions for P&C insurers	-	Poalim Equity, DCM Ventures & 16 others	50/100
9th	EasySend 2016, Tel Aviv (Israel), Series B	Document management solutions for insurance, banking, and other industry	$66.5M	Intel, Vertex Ventures Israel & 10 others	50/100
10th	Avallon 2024, New York City (United States), Seed	AI-powered solutions for automating complex claims operations in the auto and freight industries	$5.1M	Frontline Ventures, Liquid 2 Ventures & 4 others	49/100