Clara closes seed round at $2,000,000

Source: Clara

UAE-based Clara, a legal technology firm targeting startups has raised $2 million in seed funding from multiple investors including Wamda Capital, TechStars, 500 Startups, VentureSouq, Delta Partners, Shorooq Investments and Dubai Angel Investors.

The investment will be used to support international expansion and its technology, design and creation teams.

Clara's software automates many repetitive tasks including agreement drafts and enables startup founders to learn more about their startup’s legal structure. 

The company was founded in 2018 and graduated from Techstars earlier this year.

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