CLARA Analytics, a Santa Clara, CA-based AI as a service (AIaaS) supplier, obtained an funding from Nationwide Ventures.
The quantity of the deal was not disclosed.
The corporate intends to make use of the funds to develop operations and its enterprise attain.
Led by CEO Heather H. Wilson, CLARA Analytics is an AI as a service (AIaaS) supplier that improves casualty claims outcomes for insurance coverage carriers, MGAs, reinsurers, and self-insured organizations. Its platform applies picture recognition, pure language processing, and different AI-based methods to unlock insights from medical notes, authorized demand packages, payments, and different paperwork surrounding a declare. CLARA’s predictive perception provides declare professionals augmented intelligence that helps them scale back declare prices and optimize outcomes for the provider, buyer and claimant.
Prospects embrace corporations from the highest 25 world insurance coverage carriers to giant third-party directors and self-insured organizations.
CLARA has raised a complete of $64M, together with its just lately introduced Collection C.
FInSMEs
21/02/2024
