What is Clariti?
Clariti Software specializes in developing cloud-based solutions designed to modernize government processes. Their platform offers comprehensive tools for managing permitting, licensing, inspections, and community development, enabling cities and counties to automate application reviews, track workflows, and improve service delivery for both staff and the public. By centralizing these critical functions, Clariti empowers government entities to operate with greater speed and efficiency, fostering better engagement and transparency.
How much funding has Clariti raised?
Clariti has raised a total of $28.3M across 3 funding rounds:
Angel/Seed
$438K
Other Financing Round
$17.9M
Private Equity
$10M
Angel/Seed (2010): $438K with participation from PenderFund Capital Management
Other Financing Round (2024): $17.9M led by Vistara Growth Partners
Private Equity (2024): $10M supported by CIBC Innovation Banking
Key Investors in Clariti
PenderFund Capital Management
PenderFund Capital Management is an investment management firm that likely provides strategic capital and financial expertise to support Clariti's growth and operational scaling.
CIBC Innovation Banking
CIBC Innovation Banking, a financial institution focused on innovation, is providing significant backing to Clariti, likely offering not just capital but also strategic financial guidance to support its expansion.
Vistara Growth Partners
Vistara Growth Partners, known for its hands-on approach to scaling technology companies, is investing in Clariti, indicating a focus on accelerating the company's market penetration and product development.
What's next for Clariti?
With the recent influx of major strategic investment, Clariti is poised for accelerated growth and further development of its innovative government technology solutions. This capital infusion is expected to fuel expansion into new markets, enhance platform capabilities, and strengthen its competitive edge in the public sector software landscape. The company's focus on enterprise-level solutions suggests a strategic push towards larger government contracts and deeper integration with existing public infrastructure, solidifying its role as a key player in digital governance.
See full Clariti company page
