Clariti Secures $18 Million in Funding
Clariti, a Vancouver, Canada-based company offering a SaaS solution for government permit and license processing, has secured $18 million in funding.
The investment came from Vistara Growth. Founded in 2015, Vistara Growth is a private equity firm based in Vancouver, Canada. The firm provides highly flexible growth debt and growth equity financing solutions for mid to late-stage technology companies across North America.
This growth financing aims to fuel Clariti's expansion efforts, particularly in enhancing its go-to-market teams, building relationships with system integrators, and supporting an increased number of implementations. With nearly 10 municipalities already onboard, including recent additions such as Honolulu, Hawaii.
Clariti is a SaaS company offering cloud-based permitting and licensing solutions for state and local governments in the United States and Canada. Its low-code platform digitizes the issuance, enforcement, and management of permits and licenses. Clariti has secured almost 10 municipalities as customers over the past year, including Bakersfield, California; Nanaimo, British Columbia; and, most recently, Honolulu, Hawaii. The company is on a mission to help governments of all sizes deliver exceptional experiences.
Funding Details
Company: Clariti Cloud, Inc.
Raised: $18.0M
Round: Unknown
Funding Month: April 2024
Investors: Vistara Growth
Company Website: https://www.claritisoftware.com/
Software Category: Permitting and Licensing Software