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CLARA Analytics

AI-driven casualty claims intelligence platform for insurance professionals

Claims Intelligence Growth Series C
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Overview

CLARA Analytics is the leading AI-as-a-Service (AIaaS) provider that improves casualty claims outcomes for insurance carriers, MGAs, reinsurers, and self-insured organizations. The company's CLARAty.ai platform is the leading casualty Claims Intelligence Platform with Document Intelligence and Claims Guidance for risk professionals and AI-driven claims management assistant for adjusters.

Founded in 2016 and headquartered in California's Silicon Valley, CLARA Analytics has raised approximately $64 million in total funding from investors including Oak HC/FT, Nationwide Ventures, QBE Ventures, Spring Lake Equity Partners, and Aspen Capital Group. The company has experienced significant growth in its customer base, more than doubling annual recurring revenue while expanding from workers' compensation into auto liability and general liability.

CLARA's solutions are trusted by leading insurers including Berkshire Hathaway Homestate Companies, AmTrust, Amerisure, QBE, Amazon, and Foresight Insurance. In 2025, CLARA launched several major innovations including Data Engineering as a Service (DEaaS), Claims DocIntel Pro enhancements for bad faith prevention, and AI-driven subrogation detection, laying the foundation for agentic reasoning capabilities rolling out throughout 2026.

Products & Services

CLARA Triage

AI-powered claims triage solution with subrogation detection and risk scoring.

Key Features

  • Automatic subrogation identification
  • Risk transfer opportunity detection
  • Narrative assessments and numeric scores
  • Claims routing optimization

Target Users: Claims supervisors, operations managers

CLARA Treatment

Medical treatment monitoring and guidance for casualty claims.

Key Features

  • Treatment pattern analysis
  • Provider recommendations
  • Return-to-work optimization
  • Medical cost management

Target Users: Nurse case managers, claims adjusters

CLARA Litigation

Legal analytics and litigation risk assessment.

Key Features

  • Litigation probability scoring
  • Attorney benchmarking
  • Nuclear verdict prevention
  • Bad faith claims early warning

Target Users: Claims managers, legal teams

Claims DocIntel Pro

Document intelligence platform with dynamic summarization and analytics.

Key Features

  • Dynamic medical summarization
  • Advanced legal demand analytics
  • Bad faith claims prevention
  • Automated document processing

Target Users: Claims adjusters, document reviewers

CLARA Data Engineering as a Service (DEaaS)

Data transformation service preparing fragmented data for AI applications.

Key Features

  • Data cleansing and normalization
  • AI-ready intelligence preparation
  • Foundation for agentic reasoning
  • Cross-system data integration

Target Users: IT teams, data operations

Intelligence-as-a-Service (IaaS)

Self-service claims intelligence platform for operations control.

Key Features

  • Risk Notes automated insights
  • Claim Event Indicators
  • Proactive deviation identification
  • Workflow optimization

Target Users: Claims operations managers

At a Glance

Founded
2016
Headquarters
Sunnyvale, CA
Employees
51-200
Funding
Series C

Category & Focus

Category
Claims Intelligence
Subcategories
AI Analytics Document Intelligence Claims Guidance Fraud Detection
Insurance Verticals
P&C (Workers' Comp Auto Liability General Liability)
Target Customers
Carriers, MGAs, Reinsurers, Self-Insured Organizations

Customers

  • Berkshire Hathaway Homestate Companies
  • AmTrust
  • Amerisure
  • QBE
  • Amazon
  • Foresight Insurance
  • American Equity Underwriters

Last updated: 2026-03-25