When was Clari5 founded?

Clari5 was founded in 2006 and raised its 1st funding round 5 years after it was founded.

Where is Clari5 located?

Clari5 is headquartered in Bengaluru, India. It is registered at SRIT House, 113/1B, 1st Floor, ITPL Main Road, Kundalahalli, Bangalore, Karnataka, India, 560037.

Which legal entities is Clari5 associated with?

Clari5 is associated with CUSTOMERXPS SOFTWARE PRIVATE LIMITED and 1 other.

How many employees does Clari5 have?

As of Feb 28, 2025, the latest employee count at Clari5 is 211.

Is Clari5 a funded company?

Clari5 is a funded company, having raised a total of $3.99M across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on May 03, 2011.

How much is Clari5 worth?

The last known valuation of Clari5 was $***** as of Jan 30, 2017.

When was the latest funding round of Clari5?

Clari5's latest funding was a $***** Angel round on Jan 30, 2017, with participation from 1 investor. Its primary sector is Banking Tech. In India, the Banking Tech sector has seen $231M in funding in 2026 to date.

What is the annual revenue of Clari5?

Annual revenue of Clari5 is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Clari5 rank among its competitors?

Clari5 ranks 90th amongst 1969 active competitors, of which 315 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Idfy, which secured $23M in Jun, 2026.

Who are the top competitors of Clari5?

Clari5's top competitors include ComplyAdvantage, Sift and Entrust. Among them, Idfy secured the most recent funding round in June, 2026.

Clari5 - 2026 Company Profile, Team, Funding, Competitors & Financials

Clari5 is an acquired company based in Bengaluru (India), founded in 2006 by Sandhya Vaidyanathan, Balaji Suryanarayana and Aditya Narain Lal. It operates as a Provider of financial crime management and fraud prevention technology solutions. Clari5 has raised $3.99M in funding from JAFCO Asia and MandS Partners, with last known valuation of $*****. The company has 1969 active competitors, including 315 funded and 245 that have exited. Its top competitors include companies like ComplyAdvantage, Sift and Entrust.

Company Details

Provider of financial crime management and fraud prevention technology solutions. The company delivers a real-time, cross-channel platform designed for enterprise fraud management. It offers solutions for anti-money laundering, customer experience management, and regulatory reporting. The company’s platform helps financial institutions strengthen financial crime prevention capabilities.

Website: www.clari5.com/
Social
Email ID: *****@customerxps.com
Phone Number: +91 **********
Registered Address: SRIT House, 113/1B, 1st Floor, ITPL Main Road, Kundalahalli, Bangalore, Karnataka, India, 560037

Key Metrics

Founded Year

2006

Location

Bengaluru, India

Stage

Acquired

Total Funding

$3.99M in 5 rounds

Latest Funding Round

Angel, Jan 30, 2017, $*****

Last Known Valuation

$***** as on Jan 30, 2017

Investors

JAFCO Asia & 16 more

Ranked

90^th among 1969 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

211 as on Feb 28, 2025

Similar Companies

ComplyAdvantage & 1089 more

Exit Details

Acquired by Perfios (Feb 07, 2025)

View Clari5's full profile

Clari5 is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
IDEACONSULTANTS SOFTWARE PTE. LTD. UEN: 201715432G , Singapore, Deadpooled	Jun 02, 2017	-	-
CUSTOMERXPS SOFTWARE PRIVATE LIMITED CIN: U72200KA2006PTC041328 , India, Active	Dec 29, 2006	₹100 - ₹500 Cr (As on Mar 31, 2025)	211 (As on Feb 28, 2025)

Clari5 got acquired by Perfios on Feb 07, 2025.

Click here to take a look at Clari5's acquisition in detail

Clari5 has raised a total funding of $3.99M over 5 rounds. Its first funding round was on May 03, 2011. Its latest funding round was a Angel round on Jan 30, 2017 for $*****. 1 investor participated in its latest round. Clari5 has 8 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Clari5:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 30, 2017	4016720	Angel	2127045	1155328	3772424	1827622
Jul 15, 2015	9848894	Series A	5792784	2064689	7013051	3876933
Jan 20, 2014	8971532	Series A	6280247	6250973	JAFCO Asia	5183765

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View details of Clari5's funding rounds and investors

The founders of Clari5 are Sandhya Vaidyanathan, Balaji Suryanarayana and Aditya Narain Lal.

Here are the details of Clari5's key team members:

Sandhya Vaidyanathan: Co-Founder & CFO of Clari5. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Balaji Suryanarayana: Co-Founder & COO of Clari5. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Aditya Narain Lal: Co-Founder & CTO of Clari5. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Clari5's Board of Directors

Clari5's board has 4 active members. Ramya Balaji, Balaji Suryanarayana, Aditya Narain Lal and Rivi Varghese are part of team.

Here is the list of Clari5's board of directors:

Name	Type	Representing	Status	Duration
Balaji Suryanarayana	Team	-	Current	19y 8m
Aditya Narain Lal	Team	-	Current	19y 8m
Rivi Varghese	Team	-	Current	5y 5m
mvtokwg	Team	-	Past	2y 4m
Ramya Balaji	Investor	-	Current	2y 3m
dcryzzy	Investor	{ymepdi	Past	5y 6m
gdrdzte	Independent board member	-	Past	3y 1m

View details of Clari5's Founder profiles and Board Members

Clari5's employee count trend

Clari5 has 211 employees as of Feb 25. Here is Clari5's employee count trend over the years:

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Top competitors of Clari5 include ComplyAdvantage, Sift and Entrust. Here is the list of Top 10 competitors of Clari5, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ComplyAdvantage 2014, London (United Kingdom), Series C	Cloud-based AML solutions	$171M	Ontario Teachers' Pension Plan, Index Ventures ... & 46 others	75/100
2nd	Sift 1997, San Francisco (United States), Series D	Provider of an AI-powered platform for fraud detection and prevention	$162M	Insight Partners, Spark Capital & 22 others	75/100
3rd	Entrust 1969, Dallas (United States), Acquired	Provider of identity-centric security solutions, including issuance and data protection	-	Thoma Bravo, Neuberger Berman Capital Solutions ... & 2 others	74/100
4th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, FundersClub & 12 others	73/100
5th	Symphony 2014, New York City (United States), Series E	Compliance management solutions for financial institutions	$461M	Lakestar, UBS & 38 others	73/100
6th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Genesis Partners & 22 others	73/100
7th	Chainalysis 2014, New York City (United States), Series F	Blockchain data platform providing crypto insights	$538M	GIC, Benchmark & 45 others	71/100
8th	Idfy 2011, Mumbai (India), Series F	Provider of a platform for identity verification and risk management	$85.4M	Blume Venture, New Enterprise Associates ... & 41 others	71/100
9th	Signifyd 2011, Palo Alto (United States), Series E	Provider of fraud prevention and payment validation for online retailers	$394M	Resolute Ventures, Owl Rock & 30 others	70/100
10th	Fenergo 2009, Dublin (Ireland), Acquired	Cloud based KYC and AML management software	$181M	Ergo, Abn Amro & 26 others	70/100
90th	Clari5 2006, Bengaluru (India), Acquired	Provider of financial crime management and fraud prevention technology solutions	$3.99M	JAFCO Asia, Microsoft Accelerator & 15 others	56/100

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Founders own 24.87%, Funds (largest shareholder) own 33.92%, Angels own 12.47% and Other People own 21.60%. The net worth of Clari5's founders is INR 30.8Cr as of Jan 30, 2017.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	24.87%	30.8Cr	6481606	6429082	7091733	6090330
Aditya Narain Lal	9062846	9744575	9502014	7227357	3259341	7822488
Balaji Suryanarayana	4638663	1638572	2356081	3688772	8317263	4624633
Fund	33.92%	42Cr	5613299	7026292	8273147	2709020
JAFCO Asia	2817541	5545961	7275131	6527524	1283527	2944432
MandS Partners	5	5	5	7	3	4
Angel	12.47%	15.4Cr	7006711	7193203	7210369	5186653
Sharad Kumar Hegde	8107	2198	8848	2301	8579	6364
Anuradha Hegde	79	92	47	60	78	14
Ashutosh Vaidya	0	0	0	0	0	0
Other People	21.60%	26.8Cr	3347756	6776356	7531925	4891849
ESOP Pool	7.13%	8.83Cr	5425985	3280931	3716232	4536221
Total	100.00%	124Cr	1889587	5991640	9011310	3329873