Klarity uses Artificial Intelligence to automate Billing & RevRec contract review for SaaS and Software companies.
Klarity's software simplifies your ASC 606 or IFRS 15 customer contract review process. Klarity normalizes your contract review controls through a standardized checklist, uses Machine Learning to review customer contracts for clauses with potential revenue impact, documents technical Revenue Recognition impact according to ASC 606 or IFRS 15, and stores all relevant documents (e.g. MSA, Order Form, RevRec schedule and Invoice) in one record.
Klarity was founded by Andrew Antos, a Harvard lawyer, and Nischal Nadhamuni, an MIT Computer Science graduate.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jan 24, 2022 | Series A | $18M | 19 | Tola Capital | — | Detail |
Jan 20, 2019 | Seed | $1.80M | — | — | — | Detail |
Aug 20, 2018 | Seed | $120K | 3 | — | — | Detail |
Nov 1, 2017 | Pre-seed | $455K | 2 | — | — | Detail |
Oct 23, 2017 | Pre-seed | — | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Tola Capital | Yes | Series A |
Brad Lightcap | — | Series A |
Brandon Deer | — | Series A |
Crew Capital | — | Series A |
Daniel Dines | — | Series A |
Daniel Gross | — | Series A |
David Sipes | — | Series A |
Douglas Solomon | — | Series A |
Dylan Reider | — | Series A |
Elad Gil | — | Series A |