Clariti, a Vancouver, Canada-based company offering a SaaS solution for government permit and license processing, has secured $18 million in funding.
Investors
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.
Clariti Use of Funds
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.
About Clariti
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
Source: https://betakit.com/government-software-provider-clariti-cloud-secures-24-6-million-cad-from-vistara-growth/