DUBAI: Clara, the legal operating system that empowers tech company founders to digitally form, manage and scale their start-ups, has announced a new partnership with Mintz, a prominent US law firm.
More than 4,000 start-ups around the world have created Clara accounts and the company’s partnership with Mintz marks its entry into the US market. To date, Clara’s customers have raised more than $1 billion in venture capital.
Patrick Rogers, Co-Founder and CEO of Clara says: “We are committed to partnering with leading companies that move our start-up customers forward, so they can move the world forward. We are thrilled to work with the Mintz team to support our growing roster of US-based customers. Mintz has a sterling reputation of supporting start-ups from idea to exit. We believe this partnership is an important piece of the puzzle when it comes to surrounding founders with the resources they need to be successful.”
“This collaboration aligns us with a digital partner that allows us to provide Clara’s users with a cost-efficient way to start their business in a legally compliant manner,” said Dan DeWolf, Mintz’s Technology Practice Chair and Venture Capital and Emerging Companies Co-Chair.
Under the terms of the partnership, Clara has built workflows to allow founders to digitally form Delaware companies on its platform, and create the documents they typically need to prepare for their first fundraise, or enter into venture builder or accelerator programs (such as Techstars, 500 Global or Antler). These workflows are underpinned by Mintz’s best-practice templates and industry leading guidance.
Under the deal, Mintz clients receive discounts for Clara’s subscription-based services and Clara customers who engage Mintz as counsel are granted start-up rate discounts by Mintz’s Emerging Companies team.
Mintz Venture Capital and Emerging Companies Member, Sam Effron added: “As the exclusive legal partner to Clara in the US, we can ensure founders of US start-ups who use Clara’s platform are able to access all of the right documentation in an easy to use format in one place. We can then assist users with any further needs.”
