Fenwick Represents CLARA Analytics in $24 Million Series C Financing

Fenwick represented CLARA Analytics, a provider of artificial intelligence technology for insurance claims optimization, in its $24 million Series C financing. The round was led by Spring Lake Equity Partners with participation from Aspen Capital Group, Oak HC/FT and QBE Ventures. 

CLARA Analytics will use the funds to further enhance its platform’s leading AI capabilities, including generative AI, predictive modeling, and natural language processing capabilities. More information can be obtained from the company's announcement.

The Fenwick transaction team was led by corporate partner Cynthia Hess and included associates Shweta Kumar, Karin Hjorth and Liz Malmen.