Fenwick Represents CLARA analytics in $25 Million Series B Funding

Fenwick represented CLARA analytics, a leading provider of artificial intelligence technology in the commercial insurance industry, in its $25 million in Series B funding, bringing its total funding to $36.5 million. The round was led by growth equity firm Aspen Capital Group with participation from Series A lead Oak HC/FT and additional investors.

CLARA will use the funds to extend its product suite, attract critical industry talent and expand its global reach. More information about the financing is available from CLARA’s announcement.

The Fenwick transaction team included corporate partner Cynthia Clarfield Hess and associates Andrew Harper, Shweta Kumar and Myles Gutenkunst, and law clerk Elijah Porter, as well as technology transactions partner Stephen Gillespie.​​