Klarity

Provides AI solutions for high-volume contract review, automating data extraction and analysis.

Product Overview

Klarity specializes in automating accounting and compliance workflows within the financial sector, offering software solutions that streamline document review processes, particularly for revenue accounting, order management, accounts receivable, billing, and lease accounting. It primarily serves finance professionals such as CFOs and controllers, aiming to aid compliance and operational efficiency.

Features

  • AI-driven passive workflow discovery across applications
  • Automated process mapping and dependency analysis
  • Identification of automation opportunities and ROI projections
  • Continuous process intelligence with real-time updates
  • Personalized insights and development opportunities for individual team members
  • Integration with existing systems without the need for extensive setup
  • Enterprise-grade security with SOC 2 Type II compliance
  • Role-based access controls and zero data retention policies

Funding History

Series B

$70.0M

June 2024

Nat FriedmanDaniel GrossScale Venture PartnersTola CapitalPicus CapitalInvus CapitalY Combinator

Company Details

Headquarters
🇺🇸 San Francisco, United States
Founded
2017
Type
Legal Tech Vendor
Total Funding
$70.0M
Funding Stage
Series B
Founders
Andrew Antos, Nischal Nadhamuni
Investors
Daniel Gross, Invus Capital, Nat Friedman, Picus Capital, Scale Venture Partners, Tola Capital, Y Combinator
Pricing
Custom
Deployment
Cloud