Clara Raises $105 Million in Equity and Growth Financing as Annualized Net Revenue Surpasses $100 Million

The financing will accelerate growth and the development of Clara’s AI financial operating system for companies across Latin America.

MEXICO CITY, November 10, 2026 – Clara, Latin America's leading corporate spend management platform, today announced $105 million in combined equity and growth financing, comprising a $65 million Series C equity round and the renewal of a $40 million growth financing facility from General Catalyst’s Customer Value Fund (CVF). Clara has also surpassed $100 million in annualized net revenue and maintained positive EBITDA for more than a year.

The $65 million Series C was anchored by Citius, Kaszek, and DEG, a subsidiary of Germany’s KfW Group. Existing investors Acrew Capital, Citi Ventures, Coatue, Commerce Ventures, DST Global Partners, Gaingels, General Catalyst, Mana Ventures, Monashees, and Notable Capital participated, as well as new investors including CMT Digital, an investment firm specializing in blockchain and digital assets, Nascent VC (organizers of Mexico Tech Week), and Michael Gilroy.

Clara will use the new capital to expand its go-to-market team and strengthen the automation and AI capabilities of its platform, which already include:

• Conversational AI & Agentic Payments: Connects Clara with leading AI platforms through Model Context Protocol (MCP), allowing customers to access real-time spend reports and forecasts using natural language and enabling AI agents to execute authorized transactions autonomously.
• AI Policy Enforcement: Automatically checks employee expenses against company policies in real time and routes exceptions to human reviewers, reducing routine manual work.
• Clara Global: Extends Clara’s spend management platform worldwide, enabling customers to manage expenses across countries and currencies, with support for stablecoins and multicurrency cards.
• Clara Fleet / Clara Veículos: Fuel payment and management solutions integrated with Clara’s spend management platform: a SAT-authorized fuel card with automated tax invoicing in Mexico, and a postpaid, open-loop corporate fuel card in Brazil.

“Clara has demonstrated leadership across Latin America and shown how an AI-first platform can transform payment operations and improve efficiency. We see Clara as a category-defining company globally and are proud to lead its Series C financing,” said Temur Turdibekov, Partner at Citius.

The $40 million renewal from General Catalyst’s CVF will fund growth investments across Clara’s expanding product suite. Clara now serves more than 45,000 customers, including a majority of the region’s growth-stage startups, three of Latin America’s five largest companies and one Fortune 20 enterprise.

“General Catalyst has backed Clara since leading its seed round and we continue to be impressed by their growth, both in winning new customers and in helping existing customers address a broader range of financial and operational needs," said Harry Elliott, Partner at General Catalyst. "We're very happy to continue to fund their growth engine from the Customer Value Fund, giving Clara a large and predictable source of capital to continue its accretive expansion across Latin America."

This financing builds on a series of funding announcements Clara has completed over the past twelve months: $70 million in structured debt from BBVA Spark, Covalto, and the International Finance Corporation (IFC) in November 2025, and a $150 million facility renewal with Goldman Sachs in February 2026, together bringing Clara's total debt capacity to more than $250 million.

Notably, Clara now counts two major development finance institutions, DEG and the IFC, among its backers, reflecting continued institutional confidence in Clara's strategy, product execution, and regional growth opportunity.

“Clara exists to champion Latin American businesses, and we work tirelessly to give them the tools to compete and win on the global stage. The region has long been underserved by financial platforms designed for other markets. We’re combining AI with local expertise to solve challenges specific to doing business here and give our customers a distinct competitive edge,” said Gerry Giacomán Colyer, Clara’s co-founder and CEO.

“By bringing financial data, controls, and payment execution together, we’re giving finance teams a practical way to put AI to work across their companies, saving time, reducing costs, and making better decisions about how to use their resources. As AI agents become part of how businesses operate, we’re determined to ensure Latin American businesses help shape that future,” he added.

About Clara

Clara is Latin America’s leading platform for companies to make and manage payments. It brings corporate cards, bill payments, spend management, accounts payable, and accounts receivable into a single AI-powered platform. By connecting financial data with payment execution, Clara helps businesses automate routine work, control spending, and make better financial decisions.

Launched in 2021, Clara is backed by regional and global investors including Monashees, Kaszek, Canary, Coatue, DST Global Partners, Citius, General Catalyst, ICONIQ, and Notable Capital.

For more information, visit clara.com.

About Citius

Citius is a globally focused investment firm targeting early and growth-stage tech companies. The firm's investments include some of the world’s fastest growing companies in Latin America, Southeast Asia, and India.

About General Catalyst

General Catalyst is a global investment and transformation company that partners with the world's most ambitious entrepreneurs to drive resilience and applied AI. We support founders with a long-term view who challenge the status quo, partnering with them from seed to growth stage and beyond. With offices in San Francisco, New York City, Boston, Berlin, Bangalore, and London, we have supported the growth of 800+ businesses, including Airbnb, Anduril, Applied Intuition, Commure, Glean, Guild, Gusto, Helsing, HubSpot, Kayak, Livongo, Mistral, Ramp, Samsara, Snap, Stripe, Sword, and Zepto.