# Clara Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clara-labs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.claralabs.com
- Total disclosed funding: $12M
- Latest round: Series A (Jul 3, 2017)
- Investors on record: 5

## About

Clara Labs, Inc. specializes in providing a virtual scheduling assistant service that enhances productivity by automating the scheduling of meetings and appointments through email interactions.Founded in 2014 and headquartered in San Francisco, US, Clara Labs, Inc. offers a virtual scheduling assistant. The company has undergone strategic pivots since its inception, with its most recent notable event occurring on August 6, 2019, when it was acquired by Third Street Data, Inc., a subsidiary of Felicis Ventures and other investors. The founder's prior entrepreneurial ventures are not publicly documented. Clara has successfully completed 3 funding deals, raising a total of USD 11.630 mn, with the latest funding round being a Series A led by Basis Set Ventures.Clara offers a virtual scheduling assistant service designed to streamline the process of scheduling meetings and appointments through email interactions. Users can add Clara to their email correspondence, allowing the assistant to manage the communication typically required for scheduling. This service is particularly beneficial for busy professionals and teams aiming to improve calendar management efficiency. Clara serves a diverse array of clients across various sectors in North America and Europe, where demand for effective scheduling solutions remains high.Clara's revenue model is centered on subscription services, where clients pay for access to the scheduling assistant on a recurring basis. This typically involves different tiers based on features and support levels, reflecting the complexity of the services offered. While specific pricing plans are not disclosed, the subscription-based structure indicates a consistent revenue stream derived from client engagement with Clara’s services.Clara Labs, Inc. is focused on future growth through potential product enhancements and market expansions. The specifics regarding new product designs or launches have not been detailed. However, the company aims to grow its market reach beyond its current geographic presence in North America and Europe, with plans to explore additional regions. The recent funding of USD 11.630 mn from Series A will be allocated strategically to support these initiatives. Notably, the acquisition by Third Street Data, Inc. may further influence Clara's growth trajectory.

## Funding rounds

- Series A, Jul 3, 2017, $12M — Hong Shan, First Round Capital, Slack Fund, Basis Set, XFactor Ventures

## Investors

- Hong Shan — Series A
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Series A
- Slack Fund (https://capitalatlas.ai/funds/slack-fund) — Series A
- Basis Set (https://capitalatlas.ai/funds/basis-set) — Series A
- XFactor Ventures (https://capitalatlas.ai/funds/xfactor-ventures) — Series A
