Goyel & Goyal acts on Klaar $5 million Series A fundraise

Klaar, a San Francisco-based performance management platform, has secured $5 million in a Series A funding round led by Prime Venture Partners, with additional participation from existing investor Shastra VC. 

Goyel & Goyal advised Klaar, as well as existing investor Shastra VC on this transaction.

The transaction team advising Klaar was led by Akshit Goyal (Partner), with assistance from Keshav Saboo (Senior Associate) and Abhipriy Burman (Associate).

Goyel & Goyal’s Bengaluru team led by Deepika Yadav (Partner) advised Shastra VC on all aspects of this transaction.

Founded in 2022 by Sharthok Chakraborty and Atri Roy, Klaar provides a suite of tools that includes goals and OKRs, reviews and one-on-one check-ins, AI-backed calibration, personalised development plans, and surveys including 360-degree feedback. The platform provides data-driven insights to reduce bias in evaluations and helps leaders align teams with measurable outcomes.

The funding will fuel Klaar's U.S. go-to-market initiatives, new client onboarding, and continued scaling, underscoring the company's strong global track record and vision to revolutionize performance management in the U.S.

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