Clara raises $105M in Series C and growth financing

Debt capacity above $250 million

Over the past 12 months Clara also announced $70 million in structured debt from BBVA Spark, Covalto and the International Finance Corporation (IFC), plus a renewed $150 million credit line with Goldman Sachs. Total debt capacity now exceeds $250 million. The company sees the backing of development lenders DEG and IFC as a sign of institutional confidence in its strategy, products and regional growth prospects.

Launched in 2021, Clara combines corporate cards, bill payments, spend management and accounts payable and receivable in one AI-driven platform. Its cards are available in Mexico, Colombia and Brazil. Through the Model Context Protocol (MCP), the platform connects to major AI platforms, letting users query spending reports and forecasts in natural language, and allowing AI agents to execute approved transactions autonomously. Employee expenses are checked against company policy in real time, with only exceptions routed to staff.

Clara Global handles multi-country, multi-currency expenses with stablecoin and multi-currency card support. For fuel, Clara Fleet in Mexico is approved by tax authority SAT and issues tax invoices automatically, while Clara Veículos in Brazil is a post-paid, open-loop fuel card.

Profitable at scale

Clara reports more than 45,000 customers, including most of the region's growth-stage startups, three of Latin America's top five large companies and one Fortune 20 company. Annualized net revenue exceeds $100 million, and the company has been EBITDA-positive for more than a year.

The new funds will go toward expanding sales teams and strengthening automation and AI features. The $40 million from CVF is earmarked for growth investment in the widening product lineup.