Klara

insurtechregtech

FOUNDING YEAR: 2013
LOCATION: Germany
Last Update: 01/05/2020

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About

Klara was founded in 2013 with a mission to transform healthcare communication, so every patient can receive great care. Klara makes it easy for healthcare providers to securely communicate with their patients and with each other, without worrying about HIPAA compliance or losing track of patient information. Healthcare providers across more than 40 specialties use Klara to provide a delightful patient experience, while streamlining their own administrative workflows and saving hours per day. Klara has been proven to increase patient satisfaction, and reduce time spent on administrative work. And patients love it, too the average practice sees a patient adoption rate of more than 80%, which is approximately 3x the adoption rates of patient portals and emails. Klara, which was founded by Simon Bolz and Simon Lorenz, is backed by investors such as Firstmark Capital, Lerer Hippeau, Flatiron Health founders Zac Weinberg and Nat Turner, Clover Health founder Vivek Garipalli, InVision founder Clark Valberg, former Hubspot CRO Mark Roberge, and former Marketo Chief Growth Officer Jill Rowley, among others. It was named the winner of Silicon Valleys Health 2.0 Award, as well as one of the Best Entrepreneurial Companies in America by Entrepreneur Magazine. It has offices in New York (HQ) and Berlin. For more information, visit www.klara.com.

MEDICI Analysis

Klara offers a communication platform for the healthcare providers. The HIPAA-compliant platform allows various departments of a particular healthcare provider to communicate securely about patients diagnosis and treatment. The medical professionals can directly communicate with a patient regarding treatments and appointments.

Focus

PRODUCTS & SERVICES

Klara provides a messaging platform that allows patients to directly communicate with doctors/clinicians. The communications can be carried out both internally or with a patient either in-person or via a phone.

COMMENT

The company's plan is to incorporate complementary services, like payments and scheduling services, as well as insurance carriers and pharmacies. (Aug. 2018)

Traction

TRACTION COMMENT:

The company claims that currently it has thousands of practices on the platform, with hundreds of thousands of patients. (Aug. 2018)

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

2

TOTAL FUNDING

$17 M

DATE OF LAST FUNDING

Aug 2018

TOTAL FUNDING COMMENT

The company is planning to use the funds to improve communication in healthcare. (Aug. 2018)

SEED & PRIOR FUNDING

$5.5 M

SEED CLOSED ON

Aug 2016

FUNDING SERIES

SERIES A  · $11.5 M  · Aug 2018

LISTED

NO

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