Klir announces $17.5M growth financing as an Independently Controlled Operational Hub for Water Utilities
Summary
Klir closed a $10 million Series B equity round and secured a $7.5 million growth credit facility from CIBC’s Innovation Banking to strengthen its balance sheet and operational flexibility. Insight Partners participated alongside existing investors, and Klir emphasizes maintaining founder- and employee-control as it scales. The company will use the financing to expand its operational data hub for water utilities, invest in generative capabilities (Boots), accelerate customer onboarding, and prioritize data security and governance. Klir currently employs about 60 people and plans to hire rapidly to support growth, new product development, and customer success.
Funding
Amount
$10.0M
Total raised
Date
January 22, 2026
Announcement date
Investors
Insight Partners, CIBC
Lead investors
Company
klir.co
Funded company
Classifications
industries
No industries detected
applications
Engineering & Scientific
AskAI Classifications
Labels
Software as a Service (SaaS)
Water Management Software
Compliance Software
Linked Companies
Klir
$1M to $5M