Clara - About the company
Clara is an acquired company based in London (United Kingdom), founded in 2011 by Arthur Guest, Ahmed Arif, Patrick Rogers and Hannah McKinlay. It operates as a Business incorporation platform. Clara has raised $5.62M in funding from investors like Techstars, DIFC and GINCO Investments. The company has 82 active competitors, including 17 funded and 5 that have exited. Its top competitors include companies like India Fillings, ZenBusiness and LegalPlace.
Company Details
Business incorporation platform. It enables users to incorporate businesses. It allows users to upload documents online and specify the requirements and the platform generates the documents based on user specifications. It allows users to manage legal agreements, and share documents and files with teams. It enables users to manage unstructured data, analyze, sign documents, and manage due diligence.
- Website
- clara.co
- Registered Address
- 167-169 GREAT PORTLAND STREET,FIFTH FLOOR,LONDON,ENGLAND,W1W 5PF
Key Metrics
Founded Year
2011
Location
London, United Kingdom
Stage
Acquired
Total Funding
$5.62M in 5 rounds
Latest Funding Round
Ranked
4th among 82 active competitors
Annual Revenue
£0 - £1M as on Dec 31, 2022
Employee Count
67 as on Jul 31, 2026
Similar Companies
Exit Details
Acquired by Ascentium (Feb 12, 2026)
Legal entities associated with Clara
Clara is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CLARA TECHNOLOGIES (UK) LIMITED CIN: 11934246 , United Kingdom, Active | Apr 08, 2019 | £0 - £1M (As on Dec 31, 2022) | 7 (As on Dec 31, 2024) |
Clara's acquisition details
Clara got acquired by Ascentium on Feb 12, 2026.
Click here to take a look at Clara's acquisition in detail
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Clara's funding and investors
Clara has raised a total funding of $5.62M over 5 rounds. Its first funding round was on Apr 17, 2019. Its latest funding round was a Series A round on May 15, 2023 for $*****. 1 investor participated in its latest round. Clara has 12 institutional investors.
Here is the list of recent funding rounds of Clara:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 15, 2023 | 7970661 | Series A | 4666706 | 1449812 | 5694551 | 4112157 |
Apr 12, 2022 | 5636495 | Seed | 2687395 | 3400396 | 5998522 | |
Jul 26, 2021 | 6467796 | Seed | 8265057 | 1248818 | 9862655 |
View details of Clara's funding rounds and investors
Clara's founders and board of directors
Founder? Claim ProfileThe founders of Clara are Arthur Guest, Ahmed Arif, Patrick Rogers and Hannah McKinlay. Patrick Rogers is the CEO of Clara.
Here are the details of Clara's key team members:
- Arthur Guest: Co-Founder of Clara.
- Ahmed Arif: Co-Founder of Clara.
- Patrick Rogers: Co-Founder & CEO of Clara.
- Hannah McKinlay: Co-Founder of Clara.
View details of Clara's Founder profiles and Board Members
Clara's employee count trend
Clara has 67 employees as of Jul 26. Here is Clara's employee count trend over the years:
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Clara's Competitors and alternates
Top competitors of Clara include India Fillings, ZenBusiness and LegalPlace. Here is the list of Top 10 competitors of Clara, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | India Fillings 2014, Chennai (India), Series A | Provider of a business registration, compliance, and taxation platform | $7.27M | 71/100 | |
2nd | ZenBusiness 2017, Austin (United States), Series C | Cloud based business incorporation platform | $275M | 70/100 | |
3rd | LegalPlace 2016, Paris (France), Series C | Platform offering business incorporation solution | $110M | 56/100 | |
4th | Clara 2011, London (United Kingdom), Acquired | Business incorporation platform | $5.62M | 55/100 | |
5th | RegisterKaro 2021, Bengaluru (India), Unfunded | Provider of business compliance and accountancy services | - | - | 49/100 |
6th | StartupWala 2016, Pune (India), Unfunded | Online startup-centric legal services platform | - | - | 49/100 |
7th | Platform offering business incorporation solution | $41M | 48/100 | ||
8th | Provides business registration services | - | - | 45/100 | |
9th | Ureeka 2019, Burlingame (United States), Acquired | Professional community platform that connects small businesses with expertise | $16.8M | 39/100 | |
10th | Legal advice and consulting solutions for family and business laws | $2.97M | 39/100 |
Looking for more details on Clara's competitors? Click here to see the top ones
Clara's Investments and acquisitions
Clara has acquired 2 companies including BOTH and BOTH. Clara has not made any investments as of now.Reports related to Clara
Here is the latest report on Clara's geography:
News related to Clara
Media has covered Clara for a total of 4 events in the last 1 year, 1 of them has been about partnerships.
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Quill Launches Sovereign AI Agent, Raises $6.5MAiThority•Feb 26, 2026•Quill Notes, Basis Set Ventures, 500 Global, Quill and 9 others
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Ascentium Acquires Clara, Expanding into Abu Dhabi Global MarketLokmat•Feb 12, 2026•Ascentium, Clara, Clara
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Clara and Bitso Partner to Launch Stablecoin-Backed Payments in Latin AmericaPYMNTS.com•Sep 18, 2025•Clara, Bitso
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Clara Technologies Signs Agreement to Acquire Hunter Sales Co Pty LtdTradingView•Feb 10, 2025•Clara, Huntersalescorp
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Clara And RemotePass Partner To Drive Global Hiring And Legal ComplianceChannel Post Middle East & Africa•Jul 08, 2024•Clara, RemotePass
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Thales and Clara Join forces to Improve Business Payment MethodsAmérica Retail•Oct 18, 2023•Clara, Thales
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