Clara raises $65M Series C to push AI into corporate payments
What's the deal? Clara, a Latin American corporate spend-management platform, has raised a $65 million Series C led by CitiusDealroom has a profile for this one. Try Dealroom →, Kaszek, and DEG, a subsidiary of Germany's KfW group. The company paired the equity round with the renewal of a $40 million growth-financing line from General Catalyst's Customer Value Fund, bringing the total announced package to $105 million.
Who else is in? Existing backers including Citi VenturesDealroom has a profile for this one. Try Dealroom →, Coatue, DST Global Partners, General Catalyst, Monashees, and Notable Capital joined, alongside new investors CMT Digital, Nascent VCDealroom has a profile for this one. Try Dealroom →, and Michael GilroyDealroom has a profile for this one. Try Dealroom →.
What's the endgame? Clara will expand its commercial team and strengthen the platform's automation and AI features. Those already include AI agents that execute authorised transactions autonomously and tools that check employee expenses against company policy in real time.
By the numbers: The round comes as Clara passed $100 million in annualised net revenue and has held positive EBITDA for more than a year. Founded in 2021 and operating in Mexico, Colombia, and Brazil, it now serves more than 45,000 customers.
Why now? The deal follows a run of financing over the past year. Clara raised $70 million in structured debt in November 2025 and renewed a $150 million credit line with Goldman SachsDealroom has a profile for this one. Try Dealroom → in February 2026, lifting its total debt capacity above $250 million.
"We see Clara as a category-defining company at global scale, and we are proud to lead its Series C round," said Temur Turdibekov, partner at Citius.
The signal: Investor appetite for Latin American corporate-payments platforms is strong — rival Jeeves raised $110 million in September 2026, and Brazil's Flash took in $28.8 million in August. Clara's bet is tying AI agents to a business already generating real revenue; the test will be turning automation into durable growth, not just a funding narrative.
Read more: clara.com
Image credit: Clara
