# Klara Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/klara-technologies

- Industry: Healthcare IT
- Headquarters: Boca Raton, US
- Website: www.klara.com
- Total disclosed funding: $30M
- Latest round: Series B (Aug 20, 2020)
- Investors on record: 10

## About

Based in New York, US, and founded in 2013 by co-founders Simon Bolz and Simon Lorenz, Klara Technologies, Inc. operates as a provider of secure communication between patients and dermatologists before, during, and after treatment. In August 2020, Klara Technologies, Inc. raised USD 15 million in venture funding co-led by Frist Cressey Ventures, Alphabet and Gradient Ventures, including FirstMark Capital, Lerer Hippeau, Project A, and Stage 2 Capital, and  in February 2022, Modernizing Medicine, Inc., a portfolio company of IBM Ventures, Pentland Group, Sands Capital Ventures, Silicon Valley Bank, Summit Partners and Warburg Pincus, acquired Klara Technologies, Inc. for USD 100 million.

Klara Technologies, Inc. developed a smart messaging platform to reduce phone volume and eliminate call-backs. It also automates and reduces time-consuming and repetitive workflows by providing smart message templates, voicemail transcription, task management, internal peer-2-peer messaging and task management. The company offers a wide range of features such as multi-channel messaging, which allows patients to contact their providers via text, web chat, or call-to-text. In addition, the firm’s platform supports secure, HIPAA-compliant messaging, enabling encrypted communication for sensitive patient information. The platform also includes voicemail transcription, intelligent message routing, and automated appointment reminders to improve workflow efficiency.

## Funding rounds

- Series B, Aug 20, 2020, $15M — FirstMark Capital, Alphabet, Lerer Hippeau Ventures, Project A, Frist Cressey Ventures, Gradient Ventures, Stage 2 Capital
- Series A, Aug 7, 2018, $12M — FirstMark Capital, Lerer Hippeau Ventures, Project A, Atlantic Labs
- Seed, Aug 22, 2016, $3M — Aglae Ventures, Lerer Hippeau Ventures, Project A, Atlantic Labs
- Angel, Sep 25, 2014 — TA Ventures, Atlantic Labs
- Seed, Oct 18, 2013 — Atlantic Labs

## Investors

- Atlantic Labs (https://capitalatlas.ai/funds/atlantic-labs) — Seed, Angel, Series A
- TA Ventures (https://capitalatlas.ai/funds/ta-ventures) — Angel
- Aglae Ventures (https://capitalatlas.ai/funds/aglae-ventures) — Seed
- Lerer Hippeau Ventures — Seed, Series A, Series B
- Project A (https://capitalatlas.ai/funds/project-a) — Seed, Series A, Series B
- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Series A, Series B
- Alphabet — Series B
- Frist Cressey Ventures (https://capitalatlas.ai/funds/frist-cressey-ventures) — Series B
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Series B
- Stage 2 Capital — Series B