Anthony R. O’Donnell // September 7, 2023
(Image credit: Adobe Stock.)
CLARA Analytics (Santa Clara, Calif.), a provider of artificial intelligence (AI) technology for insurance claims optimization, today announced its $24 million Series C funding, bringing its total funding to $60 million. This round was led by new investor Spring Lake Equity Partners, with participation from existing investors including Aspen Capital Group, Oak HC/FT and QBE Ventures.
“Insurers are facing increased pressure to manage losses and expenses, and they have awakened to the value that AI can generate