
Claira
AI-powered document analytic solutions.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
N/A | €0.0 | round | |
* | $7.0m | Seed | |
Total Funding | 000k |
EUR | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Claira.io is a cutting-edge technology startup that specializes in transforming complex financial and legal documents into easily analyzable data. The company leverages advanced computational linguistics and deep semantic parsing to extract and understand the intricate details and logic embedded within contracts. This technology is particularly beneficial for businesses in highly regulated industries such as capital markets, corporate banking, credit lending, digital assets, fund administration, insurance, investment banking, mergers and acquisitions (M&A), hedge funds, asset management, legal, regulatory compliance, prime brokerage, private equity, private placement, venture capital (VC), real estate, and retail banking.
Claira serves a diverse range of clients, from small firms with a few dozen documents to large enterprises managing millions of documents. The company's primary market includes financial institutions, legal firms, and other organizations that deal with complex financial agreements and need to streamline their document management processes.
The business model of Claira is based on a Software-as-a-Service (SaaS) platform, which can be deployed either via the cloud or installed directly in a client's data center. This flexibility ensures that Claira's solutions are private, fully secure, and compliant with industry regulations. The company generates revenue through subscription fees for its SaaS platform, which provides clients with continuous access to its advanced document intelligence capabilities.
Claira's technology automates the generation of amendments, track changes, and clean copies of contracts, significantly reducing the time and effort required for document management. By converting financial agreements into structured data, Claira enables businesses to gain actionable insights and make informed decisions more efficiently.
In summary, Claira.io offers a revolutionary solution for managing and analyzing complex financial and legal documents, providing unparalleled accuracy and efficiency for its clients.
Keywords: computational linguistics, semantic parsing, financial agreements, document management, SaaS, capital markets, legal compliance, data extraction, contract automation, financial technology.