Clara Technologies
Latest round
- Seed
Last raised
- Apr 2022
Total raised
- $3.5M
Investors
- 8
About Clara Technologies
Founded in 2019 by Ahmed Arif, Arthur Guest, Hannah Mckinlay, Lee McMahon, Patrick Rogers, and Taylor Wilson, Clara Technologies Ltd. is headquartered in Dubai, United Arab Emirates. The company focuses on digital solutions that aid businesses in formation and management.50 mn.Clara offers a comprehensive suite of digital tools designed to streamline company formation, equity management, and legal documentation for startups and businesses in various jurisdictions. Their core product, Clara Money, provides a modern approach to business banking, enabling users to launch USD bank accounts in minutes alongside their company formations. The platform facilitates the digital formation of companies in key markets such as the United States (Delaware), the Cayman Islands, Singapore, Saudi Arabia, and the UAE (ADGM and DIFC). Clara empowers users to automate the management of their equity through features like cap table management and Employee Stock Ownership Plans (ESOPs), while also offering a smart data room for secure document storage and collaboration.Clara generates revenue through its service offerings, which include incorporation services, equity management tools, and legal documentation solutions. The business operates on a subscription model, allowing clients to access various features based on their specific needs. For instance, startups may pay for digital formation services, followed by a subscription for ongoing cap table management and ESOP functions. The firm’s innovative approach allows for seamless integration of these services, which can be bundled together for enhanced value. Through partnerships with accelerators and law firms, Clara establishes workflows for due diligence and legal compliance, contributing to a streamlined user experience. The company is focused on launching new features for Clara Money and expanding its offerings into additional markets, particularly targeting regions in Europe and Asia by late 2023.
Who invested in Clara Technologies
8 investors across 2 rounds
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Questions about Clara Technologies
Who invested in Clara Technologies?
Clara Technologies has 8 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Clara Technologies raised?
Clara Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Clara Technologies last raise money?
Clara Technologies's most recent round on record is a Seed, in Apr 2022.
What does Clara Technologies do?
Founded in 2019 by Ahmed Arif, Arthur Guest, Hannah Mckinlay, Lee McMahon, Patrick Rogers, and Taylor Wilson, Clara Technologies Ltd.
Where is Clara Technologies headquartered?
Clara Technologies is headquartered in Dubai, United Arab Emirates.
Which VCs invest in companies like Clara Technologies?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at Clara Technologies's stage. Their profiles are linked below.
VCs backing software startups at Seed
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