CLLegalTech · SPV by VentureSouq Investments (VSQ · UAE · direct investment · first invested Sep 2019
Clara
ActiveInvested$12.5kat cost · 1 ticket
Current mark$12.5kworkbook · 8 Sep 2025
MOIC1.00xon paper
Ownership0.2%implied by the workbook mark
Next round—none recorded
IRR0.0%workbook, per ticket dates
Thesis vs. reality · what we underwrote at entry, measured against now
What must be trueEach claim is what the company said would be true, checked against the filed accounts and later updates. A claim with no second source stays on watch.
Entry memo on fileInvestment Memo - Clara.docx · Oct 2021. Its claims have not been extracted, so nothing is tracked against it yet. Not tracked
Latest founder update · Dec 2021
ARR $1.80mm · round Seed
Watch & flags
What to keep an eye on
NoteClara: three different entry dates
Our position
PositionIncubayt's tickets and marks come from the IRR workbook; the legal entity from the company's cap table or registers.
InstrumentsSPV by VentureSouq Investments (VSQ $12.5k (Sep 2019)
Company valuation$6.50mm · workbook
BoardNot recorded
Legal entityNot recorded