Overview
Clara was founded in 2020 in Mexico by Gerry Giacomán Colyer and Diego García Escobedo. [14] [15] [16] [17] [18] [19] [20] [21] Giacomán serves as the company's CEO. [22] [23] [24] [25] [26] [27] [28] [29]
Its services include physical and virtual corporate credit cards, digital payment accounts, and an expense management platform. The platform offers expense tracking, workflow optimization, financial reporting, bill payments, reimbursements, and virtual cards for travel-related expenses. [30] [31] [32] [33] [34] [35] [36]
In 2021, Clara launched in Brazil and Colombia and raised $30 million in a Series A round, followed by $70 million in a Series B round reaching a valuation of $1 billion and achieving unicorn status. [37] [38] [39] [40] [41] [42] [43] [44] [45] [46] [47] [48] [49] [50] [51] [52] [53] [54]
In 2023, Clara raised $60 million in an equity extension of its Series B. [55] [56] [57] [58] [59] [60] [61] [62] [63] [64] The following year, it relocated its headquarters from Mexico to São Paulo, Brazil, after receiving a payment institution license from the Central Bank of Brazil. [65] [66] [67] [68] [69] [70] [71] [72] [73] In 2025, the company raised an additional $80 million. [74] [75] [76] [77] [78]
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