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Clara
Clara is a spend management platform that centralizes and simplifies company spend with AI-powered efficiency and control. Businesses in Mexico, Brazil, and...
Overview
Clara is a spend management platform that centralizes and simplifies company spend with AI-powered efficiency and control. Businesses in Mexico, Brazil, and Colombia use the platform. The company has raised $80 million for sales growth and has been recognized as the fastest-growing company in Latin America.
General information
Firm type
Asset Manager
Location
Region
Latin America
Corporate office
Mexico, Brazil, and Colombia
Sector focus
Frequently asked questions
In which countries does Clara operate?
Clara explicitly serves companies in Mexico, Brazil, and Colombia, which represent Latin America's three largest economies. Its platform is localized for the tax, regulatory, and language requirements of each market, including integrations with country-specific enterprise resource planning systems.
Who are some of Clara's known clients?
Client references disclosed on Clara's own website include Smart Fit, the publicly traded Brazilian fitness chain, and Grupo Bolsa Mexicana de Valores, the operator of the Mexican Stock Exchange. The firm reports a customer base of more than 30,000 companies across its three core markets.
What does Clara's product suite include?
Clara's product suite covers corporate cards (physical, virtual, and single-use), automated expense management, accounts-payable automation, travel payments and tracking, and employee reimbursements. These modules feed into Clara Intelligence, the firm's AI layer, which centralizes spend data and surfaces insights to finance teams.
Does Clara participate in fund commitments or direct investments?
No. Clara does not participate in fund commitments, direct investments, or co-investment activity as an institutional allocator. It is a venture-backed operating company, and its own growth has been funded by external venture capital rounds rather than deploying capital into third-party funds or portfolio companies.
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