Claira LLC (www.claira.io), a document intelligence fintech, announced the company has received strategic investment from Citi Spread Products Investment Technologies (SPRINT), the strategic investing arm of the bank's Global Spread Products division.

Claira uses proprietary Natural Language Understanding (NLU) technology to unlock critical data insights embedded within financial agreements and delivers the data in a standardized format that's readily usable for pricing, trading, risk and operational processes. Claira's solution enables finance professionals to decipher legal contract language faster and more accurately so they can quickly negotiate complex agreements, reduce business risk and identify market opportunities faster.