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The HRtech Klara raises 4.5 million euros to accelerate its development.

09 Nov, 2023
Transaction services: 2CFinance conducted the financial due diligence of Klara.

French start-up Klara has just raised 4.5 million euros to become the benchmark for monitoring employee development in the European market.

This round of financing was led by Ankaa Ventures, with the participation of Side Capital.

Founded in 2019 by Romain Etay and Nazim Chibane, Klara had already raised 1.2 million euros by the end of 2021. Today, the startup has over 40 corporate clients and supports the professional development of more than 170,000 employees. Its business model is based on a subscription system, with pricing that varies according to the number of employees.

Klara's solution assesses the impact of training programs, digitizes training records, manages performance and monitors human resources projects. The platform offers a concrete vision of the impact of development programs within the company, and in particular their ROI.

With a growth of +200% in 2022, HRtech aims to become a European leader in the industry.

"Our goal is inherently international. We are already working with multinational companies operating in various countries. In the coming months, we will accelerate our international development," says Nazim Chibane, CEO and Co-founder at Klara.

Thanks to this fundraising, Klara plans to double its workforce by the end of 2024, increasing from 25 to around fifty employees. This will allow the startup to strengthen its sales and marketing teams to gain market share in France and Europe.

Jacques Haccoun, Claire Jacinto, and Alexandre Razat from the Transaction Services team at 2CFinance conducted the financial due diligence for Klara on behalf of Ankaa Venture.

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