When was Claren founded?

Claren was founded in 2024 and raised its 1st funding round 1 year after it was founded.

Where is Claren located?

Claren is headquartered in London, United Kingdom.

How many employees does Claren have?

As of Jul 31, 2026, the latest employee count at Claren is 7.

Is Claren a funded company?

Claren is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Feb 25, 2025.

When was the latest funding round of Claren?

Claren's latest funding was a $***** Seed round on Feb 25, 2025, with participation from 5 investors.

Where does Claren rank among its competitors?

Claren ranks 194th amongst 467 active competitors, of which 47 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Ivo, which secured $55M in Jan, 2026.

Who are the top competitors of Claren?

Claren's top competitors include LexisNexis, Terzo and Onit. Among them, Ivo secured the most recent funding round in January, 2026.

Claren - 2026 Company Profile, Funding & Competitors

Company Details

Developer of software for automated contract review and risk analysis. This platform identifies key terms, flags potential risks, and suggests edits to legal documentation. It provides automated responses to inquiries regarding contract language and integrates with existing document management systems. The software supports multiple languages and jurisdictions to assist with document processing and negotiation workflows.

Website: www.claren.law/
Email ID: *****@claren.law

Key Metrics

Founded Year

2024

Location

London, United Kingdom

Stage

Seed

Total Funding

$1.7M in 1 round

Latest Funding Round

Seed, Feb 25, 2025, $*****

Ranked

194^th among 467 active competitors

Employee Count

7 as on Jul 31, 2026

Similar Companies

Terzo & 182 more

View Claren's full profile

Claren has raised a total funding of $1.7M over 1 round. Its latest funding round was a Seed round on Feb 25, 2025 for $*****. 5 investors participated in its latest round.

Here is the list of recent funding rounds of Claren:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 25, 2025	5436948	Seed	9330811	2480905	7007957	6540606

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View details of Claren's funding rounds and investors

Claren's employee count trend

Claren has 7 employees as of Jul 26. Here is Claren's employee count trend over the years:

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Top competitors of Claren include LexisNexis, Terzo and Onit. Here is the list of Top 10 competitors of Claren, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	LexisNexis 1970, Miamisburg (United States), Funding Raised	Provider of legal solutions, news, business insights, and risk management	-	Spectrum Equity, East Peak Capital & 3 others	68/100
2nd	Terzo 2020, Los Angeles (United States), Series A	Cloud and AI based contract analytics software	$19.2M	Align Ventures, Great Oaks Venture Capital ... & 11 others	65/100
3rd	Onit 2007, Houston (United States), Acquired	Provider of legal operations software specializing in enterprise legal management solutions	$215M	K1 Investment Management, Level Equity & 6 others	64/100
4th	Definely 2017, London (United Kingdom), Series B	Developer of software tools for reviewing and drafting legal contracts	$42.5M	M12, CRE Venture Capital & 63 others	62/100
5th	Genie Assistant 2017, London (United Kingdom), Series A	Provider of AI tools for legal document drafting and review	$20.6M	Khosla Ventures, Google Ventures & 4 others	61/100
6th	eBrevia 2011, Stamford (United States), Acquired	Machine learning to automate contract review in due diligence, lease abstraction, contract mgmt, & doc drafting.	$4.27M	Rothenberg Ventures, Connecticut Innovations	58/100
7th	Ruli AI 2024, Austin (United States), Seed	Provider of AI-powered legal solutions	$8.2M	SignalFire, Album VC & 6 others	58/100
8th	Ivo 2022, San Francisco (United States), Series B	AI powered legal contract review software	$77.2M	Uncork Capital, Costanoa & 8 others	58/100
9th	Flank 2019, Berlin (Germany), Series A	Provider of AI agents automating legal, compliance, and infosec tasks	$10M	Insight Partners, Gradient Ventures & 2 others	58/100
10th	Ontra 2014, San Francisco (United States), Series B	Cloud and AI based contract automation management software provider	$240M	Blackstone, Battery Ventures & 2 others	57/100
194th	Claren 2024, London (United Kingdom), Seed	Developer of software for automated contract review and risk analysis	$1.7M	-	19/100