Clara renews $40m in growth financing from General Catalyst’s Customer Value Fund
The renewal will support commercial growth across the Latin American spend-management company’s product portfolio.
Clara has renewed $40 million in growth financing from General Catalyst’s Customer Value Fund (CVF). The facility will support investment in commercial growth across the company’s product portfolio.
The renewal was announced alongside a separate $65 million Series C equity round, bringing the combined financing package to $105 million. Clara provides corporate cards, payments and spend-management software for businesses across Latin America, and is expanding its AI and automation capabilities.
Use of funds
Commercial growth across Clara product portfolio