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Coverager: CLARA Analytics raises $24 million

CLARA Analytics (CLARA) and ClaimDeck, prominent players in the realm of artificial intelligence-driven solutions for insurance claims optimisation, have announced a strategic partnership aimed at revolutionising the management of litigation rates within the commercial insurance sector.Claims intelligence platform CLARA Analytics  announced its $24 million Series C funding, bringing its total funding to $60 million. The round was led by Spring Lake Equity Partners, with participation from existing investors including Aspen Capital Group, Oak HC/FT and QBE Ventures.

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CLARA Analytics is the leading AI as a service (AIaaS) provider that improves casualty claims outcomes for commercial insurance carriers and self-insured organizations.

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