CLARA

Clara is a leading end-to-end corporate spend management platform operating across Latin America, with a primary focus on Mexico, Brazil, and Colombia. Founded in 2020 by Gerry Giacomán Colyer and Diego García, the company launched its product commercially in 2021 and has rapidly grown to serve over 10,000 companies across the region. Clara provides an integrated financial ecosystem that combines locally-issued corporate cards (including Virtual, Business, and World Elite tiers), bill pay services, cross-border payments, and proprietary expense management software. The platform enables businesses to automate financial operations, manage expenses in real-time, set spending controls and approval workflows, and integrate with major ERP systems including Oracle NetSuite, SAP Concur, and QuickBooks. Clara offers credit lines to eligible businesses with 48-hour turnaround for credit assessments, allowing companies to optimize working capital through short-term financing. The platform features AI-powered analytics and reporting tools, automated CFDI invoice management for Mexican tax compliance, and PCI-DSS 4.0 certification for security. Clara partners with Mastercard for card issuance and has established a strategic partnership with Bitso Business to offer stablecoin-backed corporate cards, enabling companies to use USDC and MXNB holdings as collateral without liquidating crypto assets. The company has achieved unicorn valuation and raised over $80 million in equity funding from prominent investors including Coatue, DST Global, General Catalyst, Goldman Sachs, ICONIQ Growth, Kaszek Ventures, and Monashees. Clara reports an annual transaction run rate exceeding $1 billion across 5 million credit card transactions and has been recognized as a Great Place to Work.