Claira Receives Strategic Investment Led by Citi SPRINT to Accelerate Digital Transformation with Next-Gen Document Intelligence Technology

June 29, 2022
Business Wire
Claira LLC, the document intelligence fintech, today announced the company has received strategic investment from Citi Spread Products Investment Technologies (SPRINT), the strategic investing arm of the bank’s Global Spread Products division, and will collaborate to reinvent document intelligence and develop next-generation data analysis solutions to provide digitization of municipal prospectuses and collateralized loan obligations (CLO).
Claira Receives Strategic Investment Led by Citi SPRINT to Accelerate Digital Transformation with Next-Gen Document Intelligence Technology

Claira LLC, the document intelligence fintech, today announced the company has received strategic investment from Citi Spread Products Investment Technologies (SPRINT), the strategic investing arm of the bank’s Global Spread Products division.

Citi will collaborate with Claira to reinvent document intelligence and develop next-generation data analysis solutions to support its business, starting with municipal prospectuses and collateralized loan obligations (CLO). The new capital will support Claira’s product development and go-to-market strategy to accelerate digital transformation through the adoption of the company’s AI-powered technology to transform the document analysis process for finance and trading professionals.

Claira was incubated within Exos Financial, and will now collaborate with Citi SPRINT to bring next-generation document intelligence and help create massive time efficiencies for Citi's industry-leading Spread Products business and other market participants.