Clara

Clara

End-to-end corporate payment solution for companies in Latin America.

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$40.0m

Debt
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Financials

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Source: Dealroom estimates

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More about Clara
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Clara.com is a leading financial technology startup that operates in the Latin American market. The company's primary mission is to provide businesses with the tools they need to operate with financial clarity and agility. Clara's primary offering is a spend management platform, a digital tool that helps businesses track, manage, and control their expenses. This platform is used by thousands of successful companies across Latin America, demonstrating its effectiveness and popularity.

In addition to its spend management platform, Clara also offers a range of other financial services. These include locally-issued corporate cards, which businesses can use to make purchases and manage their spending. Clara also provides Bill Pay services, which simplify the process of paying bills for businesses. Furthermore, the company offers financing solutions, providing businesses with the funds they need to grow and succeed.

Clara's business model is likely based on a combination of subscription fees for its spend management platform and transaction fees for its financial services. This model allows Clara to generate consistent revenue while also benefiting from the financial activity of its clients.

The company is known for its strong commitment to its core values, which include ownership, pride, ABC (Always Be Curious), simplicity, clarity, and inclusivity. These values have helped Clara to create a positive work environment and to deliver high-quality services to its clients. The company's success in these areas has been recognized by several awards, including a Great Place to Work certification and a place on LinkedIn’s “Top Startups" ranking.

Clara is backed by a number of top regional and global investors, indicating strong financial support and confidence in the company's future growth.

Keywords: Financial Technology, Spend Management, Corporate Cards, Bill Pay, Financing Solutions, Latin America, Subscription Model, Transaction Fees, Core Values, Investor Backed.

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