# Clara, a São Paulo corporate expense startup, raises US$105M: US$65M Series C and US$40M growth financing

- Published: 2026-11-10 20:57 UTC
- Section: Industry & People › Start-ups
- Tags: Clara US$105 million, corporate expense management, Series C, growth financing line, General Catalyst, Kaszek Ventures, São Paulo fintech, stablecoins, cross-border payments, Latin America venture capital
- URL: https://realtech.media/news/rt-97a42c0d6da976d3489e0ce0_clara_a_s/

**Corporate expense management startup Clara raised US$105 million through a Series C and a renewed growth financing line, and plans more than 100 new hires.**

![Clara, a São Paulo corporate expense startup, raises US$105M: US$65M Series C and US$40M growth financing](https://ecosistemastartup.com/wp-content/uploads/2026/11/clara-fintech-ronda-inversion-serie-c-1200x675.jpg)
*ecosistemastartup.com*

Clara, a corporate expense management startup based in São Paulo, announced a US$105 million raise, according to ecosistemastartup.com. The funds are intended to strengthen sales and engineering teams, develop new tools, enter new markets and expand the range of financial products [1]. The company reports net annualized revenue above US$100 million and more than a year of positive results before interest, taxes and certain accounting expenses [1].

## Structure of the round

The financing has two components. The first is a US$65 million Series C led by Citius, Kaszek Ventures and DEG, a subsidiary of the German KfW group [1]. The second is US$40 million from the renewal of a growth financing line, similar to debt, provided by General Catalyst's Customer Value Fund. General Catalyst is a long-standing investor in the company [1]. Clara plans to direct much of the capital to sales and engineering, with more than 100 new hires [1].

Clara was founded in 2021 and serves more than 45,000 companies, helping them manage and automate expenses, invoices, accounts payable and cross-border payments [1]. Its founders, Gerry Giacoman Colyer and Diego Iván García Escobedo, are from Mexico. They moved the company to São Paulo in 2023, after obtaining a Brazilian central bank licence to operate as a payments institution [1].

Giacoman Colyer, co-founder and CEO, said the capital aims to position Clara for a new phase of growth, through customer acquisition and expansion into new products and markets [1]. He said the company is adding products to the platform, several of which use stablecoins to settle credit card payments, including Clara's own. Another direction is automation tools for corporate finance departments, including so-called agentic payments [1].

## Regional context

According to PitchBook data cited by Bloomberg Línea, venture capital raised in Latin America totaled about US$400 million through the third quarter of 2026, against about US$500 million in the same period a year earlier [1]. Crunchbase News reported that regional startups' seed and growth-stage rounds in the third quarter of 2026 were 26% higher than a year earlier and 9% lower than in the second quarter. The two measurements use different methodologies and are not directly comparable [1].

Crunchbase News also lists rounds of comparable size: Kapital closed a US$125 million Series C in September, Kesh Bank raised US$106.9 million in a seed round of equity and debt in August, and Decade raised US$85 million [1].

## Sources

1. [ecosistemastartup.com](https://ecosistemastartup.com/clara-fintech-de-gastos-corporativos-levanta-us105m)

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Source: RealTech, realtech.media — https://realtech.media/news/rt-97a42c0d6da976d3489e0ce0_clara_a_s/