2021
Bengaluru (India)
Seed
Klaar is an AI-powered enterprise software company specializing in conversational performance and talent management solutions. Klaar is headquartered in Wilmington, Delaware, USA, and serves a global market with a focus on high-growth startups, enterprises, and unicorns, particularly in India and the United States.
Conversational Performance Management Platform: AI-led platform for real-time, bias-free performance management.
OKRs and Goal Alignment: Robust tools for setting, tracking, and aligning objectives and key results (OKRs) across organizations.
360 Feedback & Continuous Reviews: Automated, customizable feedback and review processes.
Mentoring and Peer Learning: Integrated modules for mentoring, coaching, and continuous learning.
People Analytics: Predictive insights for HR teams, managers, and leadership to inform data-driven decisions.
Integrations: Seamless integration with popular business tools like Jira, Salesforce, HubSpot, and Slack.
Revenue Generation
Subscription Fees: Recurring revenue from enterprise clients subscribing to its performance management platform.
Tiered Pricing: Different pricing plans based on organization size, feature requirements, and customization.
Professional Services: Additional revenue from onboarding, training, and custom integrations for large clients.
Klaar is an AI-powered enterprise software company specializing in conversational performance and talent management solutions. Founded in 2022 by Atri Roy and Sharthok Chakraborty, Klaar is headquartered in Wilmington, Delaware, USA, and serves a global market with a focus on high-growth startups, enterprises, and unicorns, particularly in India and the United States.
Conversational Performance Management Platform: AI-led platform for real-time, bias-free performance management.
OKRs and Goal Alignment: Robust tools for setting, tracking, and aligning objectives and key results (OKRs) across organizations6.
360 Feedback & Continuous Reviews: Automated, customizable feedback and review processes.
Mentoring and Peer Learning: Integrated modules for mentoring, coaching, and continuous learning.
People Analytics: Predictive insights for HR teams, managers, and leadership to inform data-driven decisions148.
Integrations: Seamless integration with popular business tools like Jira, Salesforce, HubSpot, and Slack.
Revenue Generation Klaar operates on a B2B SaaS (Software-as-a-Service) model, generating revenue primarily through:
Subscription Fees: Recurring revenue from enterprise clients subscribing to its performance management platform.
Tiered Pricing: Different pricing plans based on organization size, feature requirements, and customization.
Professional Services: Additional revenue from onboarding, training, and custom integrations for large clients.
Primary Revenue Sources
Enterprise Subscriptions: Annual or multi-year contracts with organizations for platform access and support.
Value-Added Services: Consulting, analytics, and implementation services for complex enterprise needs.
Customer Segmentation
B2B Focus: Targeting enterprise HR teams, people leaders, and managers in high-growth companies, unicorns, and established enterprises.
Global Reach: Clients across India, the US, and other international markets.
Monetization Strategies
Platform Stickiness: Deep integration with business tools and workflows encourages long-term contracts and high retention.
Customization and Scalability: Offering configurable modules and scalable solutions tailored to diverse enterprise needs.
Continuous Product Innovation: Investing in AI and analytics to maintain a technological edge and justify premium pricing.
Market Expansion: Setting up new offices in the US and targeting global enterprise customers5.
Product Innovation: Regularly enhancing the platform with new AI-driven features and deeper integrations.
Customer Advocacy: Leveraging strong customer feedback and referrals to drive organic growth.
Strategic Partnerships: Collaborating with HR leaders, VCs, and industry influencers to expand reach and credibility.
$957 K
3
$800.0 K, Seed
as of September 24, 2023
$2.87 Million
as of January 11, 2023
3.0
as of January 11, 2023
Shastra VC
and 2 more39
IIMjobs
-
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
September 24, 2023 | Seed | $800.0 K | - | $74.5 K | - | Shastra VC, DeVC, Kube VC |
January 12, 2023 | Angel | $55.1 K | $2.9 Million | - | - | - |
November 29, 2021 | Angel | $102.0 K | $1.7 Million | - | - | - |