Mintz enters a new partnership with legal tech startup Clara

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NEW YORK Mintz has entered into an innovative partnership with legal technology provider, Clara, further immersing the firm as a key legal services provider in the startup ecosystem.

As part of the partnership, using the Claras platform, Mintz created templates for founders to form Delaware companies, as well as any additional documentation they may need to start a business in the US or enter an accelerator program or venture builders. Clara is a legal operating system that provides digital tools to help founders train and scale their businesses and manage cap tables. Founded in 2019, Clara currently has over 4,000 startups on its platform. Clara’s partnership with Mintz allowed her to enter the US market.

This collaboration aligns us with a digital partner that allows us to provide Claras users with a convenient way to start their own businesses in a legally compliant manner, said Dan DeWolf, Mintz’s Technology Practice Chair and Co-Chair of Venture Capital and Emerging Companies.

Sam Effron, Fellow, Mintz Venture Capital and Emerging Companies, added: As Clara’s exclusive US legal partner, we can ensure that US startup founders using the Claras platform are able to access all correct documentation in an easy-to-use format and in one place. We can then assist those users with any additional needs they may have. We look forward to the opportunity to work with them.

Claras LegalOS digitizes and automates legal tasks for founders, including digital company formation, cap table and data room management, and automated generation of legal documents (covering SAFE, ESOP and more), all supported by the function predictive training platform.

Patrick Rogers, co-founder and CEO of Clara, added: “We are committed to partnering with leading companies that move our startup clients forward, so they can move the world forward. We are thrilled to be working with the Mintz team to support our growing list of US-based clients. Mintz has a great reputation for supporting startups 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.

The partnership with Clara is the latest in a series of innovative and creative ways Mintz is supporting the ecosystem of emerging companies. In the summer of 2022, the firm signed with Antler Innovation US LLC as the exclusive legal partner of its portfolio companies in the U.S.

Mintz represents venture capital firms and other private equity investors, as well as venture capital-backed businesses at all stages, from early or early stage investments through subsequent multi-investor and late-stage financings and IPOs. We work with clients to examine their business requirements, funding avenues, intellectual property protection, employment issues, and regulatory and compliance needs and evaluate how these impact their businesses and strategies.

For decades, Mintz has provided creative and entrepreneurial advice spanning the full range of legal services to innovative companies in a variety of industries, including life sciences; health care; technology; financial technology; PropTech; EdTech; energy and sustainability (EnergyTech); sports and entertainment; real estate, construction and infrastructure; retail and consumer products; and education and non-profit. We advise first-time and serial entrepreneurs and executives of growing companies. We help our clients develop and acquire new technologies, defend against competitors and remain compliant with applicable regulations. We are adept at handling cutting-edge challenges, such as privacy and data security issues.

About Clare

Clara (Techstars 19) is a legal operating system that provides digital tools to help founders train, manage and scale their startups. Clara coaches and empowers founders to perform many of the tasks attorneys currently perform, including incorporating companies, generating documents, creating tables of limits, and structuring data rooms. At the same time, Clara serves as a collaboration and information sharing tool for founders, investors and advocates so that key players in the global startup ecosystem can work together more efficiently. Clara is led by an experienced team of entrepreneurs who have worked at the top of the legal and technology industries.

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