Clara raises £1.6m in seed funding from Techstars and 500 Startups to scale its legal tech platform.
The seed round was backed by Techstars, 500 Startups, and multiple UAE-based investors to fund product development and international expansion.
Clara combines a software platform and a law firm to simplify legal processes for startups. The business was born in Dubai and is headquartered in London.
Clara has secured £1.6m in seed funding to expand its technology capabilities and support international growth. The investment was backed by Techstars, 500 Startups, and several regional investors. The capital will be used to scale the product development, design, and content creation teams.
The London-based legal tech startup automates routine legal tasks such as cap table creation and agreement drafting. It also offers portfolio management tools for venture capital funds and accelerators. A public release of the platform is scheduled for October.
From the founder
"The challenges associated with startup law globally require a unique blend of legal and technological expertise. Our world-class team of lawyers and technologists will create a new customer experience for startup law, which will empower founders, de-risk investors and provide massive savings on legal fees."
Patrick Rogers
Co-Founder and CEO at Clara
Use of funds
- 01Continue product development
- 02Expand into international markets
Investors
Techstars
500 Startups
Wamda Capital
VentureSouq
Delta Partners
Shorooq Investment
Dubai Angel Investors
Y Combinator
Andreessen Horowitz NEA
Greylock Partners