Clara, a Latin American corporate spend management platform, announced US$105 million in combined equity and growth financing on November 10, 2026. Citius, Kaszek, and DEG anchored the US$65 million Series C. General Catalyst's Customer Value Fund renewed a US$40 million facility.
Financing details
The Series C drew participation from existing investors including Coatue, DST Global Partners, and Monashees. New investors include CMT Digital, Nascent VC, and Michael Gilroy. DEG is a subsidiary of Germany's KfW Group.
Scale and customers
Clara serves more than 45,000 customers. It counts a majority of the region's growth-stage startups and three of Latin America's five largest companies among them. One Fortune 20 enterprise also uses the platform.
What the platform does
The platform combines corporate cards, bill payments, spend management, accounts payable, and accounts receivable. Its AI tools support conversational reporting, agentic payments, and real-time policy enforcement. Clara Global allows customers to manage expenses across countries and currencies.
Clara plans to use the new capital to expand its go-to-market team and strengthen its AI capabilities. The company has also built total debt capacity above US$250 million following recent facilities. The renewed US$40 million facility will fund growth investments across its product suite.