Funding round
Klar Growth
Reported as "Growth Equity"
Klar, which works in financial and education services in Mexico City, raised $90M in a Growth round announced on 9 Jun 2022, led by General Atlantic. 10 firms took part. It is Klar's fifth venture round on record; the one before was a Series B in Jul 2021.
$90M
Amount raised
Not disclosed
Post-money valuation
10
Investors
1 lead
Valuation
What this round says about the price
Klar did not disclose a valuation in this round. It came 11 months after Klar's Series B. It is 25% of the $360M Klar has raised in the venture rounds on record. Klar raised again 36 months later: a Series C round of $190M in Jun 2025, at $800M post-money.
Klar's funding rounds
Klar has 6 venture rounds on record and 1 other deal. This one is highlighted.
- Seed 25 Sep 2019, led by Quona Capital $58M
- Seed 26 Sep 2019, led by Quona Capital $7.5M
- Series A 21 Oct 2020, led by Prosus Ventures $15M
- Series B 20 Jul 2021, led by General Atlantic amount not disclosed
- Growth this round 9 Jun 2022, led by General Atlantic $90M
- Debt not a venture round 16 Aug 2023, led by Victory Park Capital $100M
- Series C 30 Jun 2025, led by General Atlantic $190M$800M post-money
Investors
Who put money in
General Atlantic led the round with 9 other firms.
Lead investor
- General Atlantic backs 134 venture-backed companies new investor
Also in the round
- Prosus Ventures new investor
- backs 72 venture-backed companies new investor
- backs 39 venture-backed companies new investor
- International Finance Corporation backs 92 venture-backed companies new investor
- backs 97 venture-backed companies new investor
- backs 83 venture-backed companies new investor
- Endeavor backs 236 venture-backed companies new investor
- backs 40 venture-backed companies new investor
- IFC
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations, acquisitions and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Acquisitions
- Working capital
Comparable rounds
How it compares
44 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $89M, and this round was close to the median. The closest in time, other companies' Growth rounds in Loans & Financing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Loans & Financing | 30 Jun 2022 | $36M | not disclosed | Varanium Nexgen Fintech Fund and DMI Sparkle Fund |
| Creditas Loans & Financing | 8 Jul 2022 | $200M | $700M | not named |
| Loans & Financing | 23 May 2022 | $152M | not disclosed | not named |
| Loans & Financing | 13 May 2022 | $75M | not disclosed | Generation Investment Management and Broadscale |
| Loans & Financing | 13 May 2022 | $55M | not disclosed | not named |
| Loans & Financing | 22 Jul 2022 | $36M | not disclosed | Vasta |
| Loans & Financing | 23 May 2022 | $5.0M | not disclosed | Episode 1 and Digital Horizon |
| Loans & Financing | 11 Apr 2022 | $156M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Klar raise in its Growth round?
Klar raised $90M in its Growth round, announced in Jun 2022.
Who led Klar's Growth round?
General Atlantic led it, with Prosus Ventures, Quona Capital, Mouro Capital, International Finance Corporation and Acrew Capital and 4 more.
What was Klar's valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Loans & Financing?
44 Growth rounds in Loans & Financing within a year either side disclosed an amount; the median was $89M, and this round was close to the median.
Did Klar raise again after this round?
Yes: a Series C round in Jun 2025 of $190M at $800M post-money.