CLARA analytics
CLARA Analytics offers an AI-driven claims management platform that leverages machine learning, optical character recognition, and natural language processing to optimize insurance claims processing. The platform features capabilities for document intelligence, claims guidance, and fraud detection, aimed at improving claims outcomes for insurance professionals.
- Category: InsurTech
- Location: Santa Clara, California, United States
- Founded: 2017-01-01
- Total funding: 64000000
- Website: https://claraanalytics.com
Product & Features
- Leverages generative and predictive AI for comprehensive casualty claims intelligence.
- Automatically reads and analyzes legal demands, medical records, and bills.
- Predicts claim severity and detects changes for proactive claim management.
- Identifies litigation risk and analyzes attorney performance to optimize legal strategies.
- Detects potential fraud in workers' compensation claims using generative AI.
- Identifies medical providers linked to positive outcomes and tracks performance.
- Automates submissions for Medicare Secondary Payer (MSP) compliance.
Funding Rounds
- Series C — $24M (2023-09)
Investors
Integration partners
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Frequently Asked Questions
What is CLARA analytics?
CLARA Analytics offers an AI-driven claims management platform that leverages machine learning, optical character recognition, and natural language processing to optimize insurance claims processing. The platform features capabilities for document intelligence, claims guidance, and fraud…
What does CLARA analytics do?
Leverages generative and predictive AI for comprehensive casualty claims intelligence. Automatically reads and analyzes legal demands, medical records, and bills. Predicts claim severity and detects changes for proactive claim management.
How much funding has CLARA analytics raised?
CLARA analytics has raised 64000000 across 1 funding round.
Who are CLARA analytics's investors?
CLARA analytics's investors include Aspen Capital Group, Oak HC/FT, QBE Insurance.
What category does CLARA analytics fall under?
CLARA analytics is a legal technology company in the InsurTech category.
Where is CLARA analytics based?
CLARA analytics is based in Santa Clara, California, United States.