Reviewing repetitive documents is, well, repetitive, but Klarity believes people don’t have to do all of that and is building an artificial intelligence tool, targeting finance and accounting departments, that turns documents into structured data.

Image Credits: KlarityOver the last nine months, the company saw its annual recurring revenue grow nine times and over 24 times year over year, prompting Klarity to raise new capital to invest in sales and marketing to scale and continue investing in R&D. Today, the company announced $18 million in a Series A funding round led by Tola Capital. This generates a lot of value, not only for large enterprises, but also mid-market companies that have a few hundred documents every month and the market is therefore much larger.”Antos founded Klarity in 2017 with Nischal Nadhamuni whom he met at MIT.

Klarity Lands $18M To Read Scores Of Documents So You Don’T Have To

Klarity Lands $18M To Read Scores Of Documents So You Don’T Have To

Company Info