Claritics
Latest round
- Series A
Last raised
- May 2011
Total raised
- $1.5M
Investors
- 2
About Claritics
Founded in 2010 in Mountain View, US, Claritics specializes in data analytics and document processing. The company had a significant development in December 2013 when it was acquired by Systems in Motion for an undisclosed amount.Claritics specializes in advanced analytics and generative AI solutions designed for researchers, analysts, policymakers, and data citizens. The company’s core offerings include a Document AI service leveraging intelligent Optical Character Recognition (OCR) capabilities, which allows users to extract and interact with data from various document types, including forms, invoices, receipts, and contracts. This service automates data processing, enhances document search capabilities, and allows engagement with files through a conversational AI assistant.Claritics operates on a B2B model providing subscription-based services and partnerships to its clients. Revenues are generated primarily through the sale of its flagship Document AI service and data analytics solutions within a comprehensive suite tailored to organizations' specific needs. Clients engage in transactions involving annual or monthly subscriptions, granting access to various features such as data extraction and advanced analytics. The pricing structure remains competitive, ensuring affordability while delivering significant value.Looking ahead, Claritics plans to expand its product offerings with new features and updates to its Document AI service and ARADA platform, although specific launch dates are not yet disclosed. The company aims to penetrate new markets, focusing on increased presence in Asia and Europe by the end of 2024.
Who invested in Claritics
2 investors across 1 round
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Funding rounds
Series A
May 12, 2011
Amount
$1.5M
Investors
Questions about Claritics
Who invested in Claritics?
Claritics has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Claritics raised?
Claritics has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Claritics last raise money?
Claritics's most recent round on record is a Series A, in May 2011.
What does Claritics do?
Founded in 2010 in Mountain View, US, Claritics specializes in data analytics and document processing.
Where is Claritics headquartered?
Claritics is headquartered in Mountain View, US.
Which VCs invest in companies like Claritics?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Claritics's stage. Their profiles are linked below.
VCs backing software startups at Series A
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