Mexico City, July 21, 2021.- Clara, the end-to-end solution for corporate spend management, today announced that it has secured an extension to their most recent Series A funding round and it has been backed by angel investors and unicorn leaders shaping the current entrepreneurial and business scene. The total funding amount is approximately $5M USD.
Amongst the standout entrepreneur investors are Sergio Furio from Creditas, Sebastián Mejía from Rappi, Daniel Vogel from Bitso, Brynne McNulty Rojas from Habi, Sebastián Castro from Kushki, Manolo Atala from Fairplay, Rodrigo Sánchez Ríos from La Haus, Deepak Chhugani from NuvoCargo, Sebastián Kreis from Xepelin, Sebastián Villarreal from Súper, Ricardo Weder from Jüsto, and Ariel Lambrecht from 99.
Additionally, the company's funding is joined by standout personal investors and operators such as Oliver Jung - former VP International at Airbnb, Hans Tung from GGV, Murtaza Ahmed previously of Softbank LatAm, Brendan Dickinson from Canaan, Miguel Burger-Calderon from Vast, Mike Levinthal, Marc Bhargava, Howard Han, Alter Global (Jesse Sullivan + Allen Taylor) and Andy Cohen - former VP of Sales at Bill.com.
“After a successful $30M Series A funding round, we are thrilled to announce this additional funding from some of the most outstanding founders and angel investors shaping the entrepreneurial and business landscape in LatinAmerica. It’s exciting to be trusted by leaders who have built a reputation in the region, for which we reinforce our commitment with the Latam companies to deliver the best B2B financial solution” says Gerry Giacomán, CEO and co-founder of Clara.
The company was founded in 2020 by Gerry Giacomán and Diego García and has raised over $35M USD through funding rounds led by General Catalyst and DST Global Partners. The company is working on its regional expansion to Brazil and it has reported a 100x growth ever since its official launch earlier this year. Clara currently works with fast-paced growth clients such as Kavak, Casai, Sofía Salud, among other outstanding startups and medium companies.