Use cases • Law Firms & Advisors
Law Firms & Advisors
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New feature | Introducing Cayman exempted companies on Clara!
Setting up a company in the Cayman Islands is quick, cost-effective, attractive to foreign investors and easy for founders to maintain. Creating an offshore company for your startup might seem daunting if you don’t know where to start, which is where Clara comes in.
Clara launches new office in Saudi Arabia
Clara has opened a new office in Riyadh, strengthening its support for Saudi founders with its legal automation platform and deepening its commitment to the region’s fast-growing startup ecosystem. The move, led by newly appointed KSA Country Manager Abdullah Alnashwan, signals accelerated growth and fresh opportunities for innovation and collaboration in the Kingdom.
SAFE, KISS, Convertible Loan – What’s the difference
Raising money for a start-up can take many different forms. One way is to use convertible instruments such as convertible notes, SAFEs and KISSs. When using a convertible, the start-up receives the investment but does not issue shares at that stage. The agreement can 'convert' into shares in the future.
Binance uses Clara to incorporate and manage ADGM entities. The team at Clara are extremely efficient and go the extra mile to ensure we always have a smooth experience and meet our deadlines. Top-notch service!
Starting a company is hard enough, but managing legal processes shouldn’t be. With Clara’s dedicated accelerator onboarding solution, companies can get the support and infrastructure they need to efficiently and professionally complete their legal due diligence and finalize an investment.
Clara is a one-stop shop for everything equity related. All our data is safe and securely stored and accurately recorded. And our investors love having direct access. It has saved us countless hours and kept our cap table mistake free.
We spend a lot of time educating founders on basic legal concepts: what they need to do for us to invest in them. Clara automates these functions. As Clara’s first institutional investor, we knew intuitively from inception, this company will be a game changer.
Founders often struggle with managing their legal function due to lack of expertise and resources. And we’ve seen poor legal structures create hurdles to our investing in otherwise healthy startups. Investors like ourselves love that Clara gives founders the tools they need to establish, grow and scale their startups from day one on a best-practice basis.
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