- Clara is a leading end-to-end spend management solution for companies in Latin America, currently serving 10,000 businesses and processing five million transactions annually, equivalent to $1 billion USD.
- In March 2026, Clara raised $60 million in an equity round led by GGV Capital to enhance its engineering and product teams, and launched an AI-powered feature called 'Insights' to help clients identify savings opportunities in corporate finances.
- Clara's notable partnerships include its principal member license with Mastercard, allowing it to issue corporate credit cards directly, and its recent superfund deal with the Videndum DB Pension Scheme, transferring £43 million in assets.
- Clara's ideal buyers are finance managers and decision-makers in mid to large-sized companies looking to optimize their corporate spending and reduce unnecessary expenses, making it a critical solution as businesses increasingly seek cost-saving measures.
Engineering is Clara’s largest team at 41 employees, accounting for just under a quarter of the organisation and underscoring its product-led approach. Customer-facing groups are also prominent, with Sales and Support at 35 employees and Marketing and Product at 29. Finance and Administration, Business Management, IT, Human Resources, Operations, and Risk, Safety & Compliance round out the roster, each in single- to low-double-digit headcount ranges. This distribution reflects a balanced investment between building the platform, supporting customers, and maintaining internal controls.
Clara’s workforce is geographically concentrated in Latin America, with Mexico City hosting 54 employees and serving as the primary hub. São Paulo follows with 33 team members, while Bogotá, Buenos Aires, Belo Horizonte, Monterrey, Guadalajara, and Rio de Janeiro together represent a sizable regional footprint. A small contingent is based in Calgary, and 62 employees work remotely or from other locations, illustrating the company’s flexible approach to talent placement.
