Funding round
Clara Growth
Reported as "Growth Equity"
Clara, which works in corporate payment solutions development in São Paulo, raised $60M in a Growth round announced on 26 Apr 2023, led by GGV Capital. 17 firms took part, 7 of them already investors. It is Clara's fourth venture round on record; the one before was a Series B in Dec 2021.
$60M
Amount raised
Not disclosed
Post-money valuation
17
Investors
1 lead
Valuation
What this round says about the price
Clara did not disclose a valuation in this round; its last disclosed one was $1.00B at the Series B (Dec 2021). It came 16 months after Clara's Series B. It is 27% of the $219M Clara has raised in the venture rounds on record. Clara raised again 25 months later: a Growth round of $80M in May 2025.
Clara's funding rounds
Clara has 5 venture rounds on record and 3 other deals. This one is highlighted.
- Pre-seed 10 Mar 2021, led by General Catalyst $3.5M
- Series A 21 Jul 2021 $5.0M
- Series B 14 Dec 2021, led by Coatue $70M$1.00B post-money
- Debt not a venture round 1 Mar 2023, led by Accial Capital $90M
- Growth this round 26 Apr 2023, led by GGV Capital $60M
- Growth 2 May 2025 $80M
- Debt not a venture round 1 Nov 2025 $70M
- Debt not a venture round 4 Feb 2026 $150M
Investors
Who put money in
GGV Capital led the round with 16 other firms. GGV Capital, Monashees, Coatue and Picus Capital and 3 more had backed Clara before.
Lead investor
- GGV Capital existing investor
Also in the round
- backs 97 venture-backed companies new investor
- backs 9 venture-backed companies new investor
- Citi Ventures new investor
- Endeavor backs 236 venture-backed companies new investor
- backs 6 venture-backed companies new investor
- backs 55 venture-backed companies new investor
- backs 3 venture-backed companies new investor
- Bayhouse Capital new investor
- Fluent Ventures new investor
- backs 2 venture-backed companies new investor
- Monashees backs 73 venture-backed companies existing investor
- Coatue backs 229 venture-backed companies existing investor
- backs 108 venture-backed companies existing investor
- DST Global backs 179 venture-backed companies existing investor
- backs 18 venture-backed companies existing investor
- General Catalyst backs 574 venture-backed companies existing investor
Joined the board: Hans Tung (GGV Capital).
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
30 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $73M, and this round was 83% of the median. The closest in time, other companies' Growth rounds in Payment Processing & Point of Sale:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tipalti Payment Processing & Point of Sale | 15 May 2023 | $150M | not disclosed | not named |
| Payment Processing & Point of Sale | 25 May 2023 | $75M | not disclosed | not named |
| Payment Processing & Point of Sale | 2 May 2023 | $30M | $150M | Base10 Partners |
| Payment Processing & Point of Sale | 16 Mar 2023 | $25M | not disclosed | Cherry Ventures and Point Nine |
| Payment Processing & Point of Sale | 30 Mar 2023 | $3.3M | not disclosed | Industrifonden |
| Payment Processing & Point of Sale | 1 May 2023 | undisclosed | not disclosed | Baird Capital |
| Payment Processing & Point of Sale | 8 Feb 2023 | $4.3M | not disclosed | Scale Capital |
| Payment Processing & Point of Sale | 2 Jan 2023 | $6.2M | not disclosed | Mosaik Partners and Teaghlach Family Office |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Clara raise in its Growth round?
Clara raised $60M in its Growth round, announced in Apr 2023.
Who led Clara's Growth round?
GGV Capital led it, with Acrew Capital, Citius, Citi Ventures, Endeavor and Ethos and 11 more.
What was Clara's valuation at the Growth round?
It was not disclosed; its last disclosed one was $1.00B at the Series B (Dec 2021).
How does it compare with other Growth rounds in Payment Processing & Point of Sale?
30 Growth rounds in Payment Processing & Point of Sale within a year either side disclosed an amount; the median was $73M, and this round was 83% of the median.
Did Clara raise again after this round?
Yes: a Growth round in May 2025 of $80M.