Clara is an end-to-end corporate spend management solution for growing businesses in Latin America.
Clara aspires to empower companies to operate with agility and financial clarity, ultimately increasing the economic competitiveness of Latin America.
Clara was founded in 2020 by Gerry Giacomán and Diego García. The company is headquartered in Mexico City, with offices in Brazil, Chile, Colombia, and Peru.
Clara is the easiest-to-use business credit card, payment solution and expense tracking platform for your business. Clara operates under the highest standards of security and confidentiality.
Clara's platform also allows customers to manage not only credit card expenses and refunds but also invoices, their list of suppliers, and accounts payable. With all expenses organized in one place, Clara’s customers can use the platform as a starting point to apply for credit based on their future transactions.
Clara is currently working with over 6,000 companies across Mexico, Brazil, and Colombia. Notable customers include Creditas, Kavak, Casai, and Valoreo.
Clara is backed by Goldman Sachs, Coatue, General Catalyst, DST Global, ICONIQ Capital, Monashees, Kaszek, Picus Capital, SV Angel, Accial Capital, and others. The company raised $90M in a Debt financing on Mar 14, 2023. This brings Clara's total funding to $398.5M to date. Clara was valued at a $1B from its Series B raised in Dec 2021.