Clara raises $105M Series C round
Mexican fintech Clara secured $105M in equity and debt. The $65M Series C round was led by Citius,… The post Clara raises $105M Series C round appeared first on LatamList .
Fintech startup Clara has successfully raised $105 million in its Series C funding round. The substantial $65 million equity and debt investment was led by Citius, Kaszek, and DEG, with support from existing investors such as Acrew Capital, Citi Ventures, Coatue, General Catalyst, Monashees, and Notable Capital. A notable component of the debt financing is the renewal of a $40 million credit facility provided by General Catalyst’s Customer Value Fund (CVF).
Clara, a Mexican fintech company founded in 2021, offers a comprehensive platform for businesses to handle payments, expenses, and financial operations. The platform leverages artificial intelligence to generate spending reports, forecast expenses, and oversee employee spending compliance with company policies. With this latest funding, Clara aims to bolster its sales team in Brazil and invest in advanced AI and automation capabilities.
Currently, Clara has over 75 open positions in Brazil, with plans to further expand its workforce to more than 20 cities. The company intends to broaden its service offerings, focusing on vehicle and fleet management, travel payments, Pix payments, and accounts payable services.
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