How Much Did Klir Raise?
Funding & Key Investors

Klir, a specialized provider of operational data management for the water utility sector, has successfully secured significant capital to accelerate its market expansion. The company has reached a total valuation milestone represented by $19.1M, bolstered by a recent strategic investment of $16M. This influx of financing underscores the growing demand for centralized, enterprise-grade infrastructure capable of streamlining complex compliance and operational workflows within critical public utility sectors.

The funding trajectory reflects a clear progression from its initial seed round in early 2021 to a more substantial Series A financing later that same year. By attracting high-caliber institutional backers, Klir has solidified its position as a pivotal player in the digital transformation of water management, moving beyond basic data storage to provide actionable intelligence through its proprietary generative agent, Boots.

What is Klir?

Klir
SoftwareEnterprise Resource Planning (ERP)

Klir operates as the definitive operational data hub for water utilities, effectively bridging the gap between fragmented legacy systems and modern, cloud-native requirements. By centralizing data across diverse programs, the platform serves as a single source of truth that mitigates operational risk and ensures continuity for municipal and private water providers. The integration of Boots, an intelligent generative agent, allows utility teams to automate administrative tasks, thereby reducing human error and enhancing regulatory compliance. In an industry historically characterized by siloed information and manual reporting, Klir provides the necessary digital architecture to improve operational efficiency and decision-making confidence at scale.

How much funding has Klir raised?

Klir has raised a total of $19.1M across 2 funding rounds:

2021

Angel/Seed

$3.1M

Series A

$16M

Angel/Seed (2021): $3.1M with participation from Spider Capital, SaaS Ventures, and Bowery Capital

Series A (2021): $16M led by Insight Partners

Key Investors in Klir

Insight Partners

A global venture capital and private equity firm that invests in high-growth technology and software companies, providing deep operational support through its dedicated platform for portfolio leaders.

Bowery Capital

A specialized venture firm focused on early-stage startups that disrupt legacy IT and marketing products, providing value-added support to drive ARR and MRR growth.

Spider Capital

An early-stage venture capital firm that partners with founders building transformative software companies, often focusing on enterprise-grade solutions and scalable business models.

What's next for Klir?

With the support of its latest capital injection, Klir is well-positioned to scale its enterprise-ready infrastructure and deepen the capabilities of its generative AI offerings. The company's strategic roadmap likely involves expanding its footprint within the global water utility market, where the pressure to modernize aging infrastructure is at an all-time high. By leveraging the expertise of its venture partners, Klir aims to further refine its compliance-focused software suite, ensuring that utility operators can navigate increasingly stringent environmental regulations with greater agility. Future growth will likely center on enhancing the interoperability of its platform with existing utility hardware, cementing its role as the central nervous system for water management operations.

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Frequently Asked Questions Regarding Klir Financial Insights

What are the most recent funding rounds that Klir has completed, and what were the funding rounds?
Klir has recently completed 2 funding rounds: Series A on Nov 18, 2021, Angel/Seed on Feb 4, 2021.
What is the total amount of funding Klir has raised to date?
Klir has raised a total of $19.1M in funding to date.
How many funding rounds has Klir completed?
Klir has completed 2 funding rounds.
How much funding did Klir raise in its most recent funding round?
Klir raised $16M in its most recent funding round.
Who are the lead investors in Klir's latest funding round?
The lead investor in Klir's latest funding round was Insight Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Klir's history?
The largest funding round in Klir's history was $16M.
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