Coatue Management led a $70m Series B round in Clara.

Coatue Management, a global investment firm, led a $70m Series B round in Clara, an end-to-end corporate spend management solution for companies, with ICONIQ Growth, Box Group, Gaingels, DST, monashees, General Catalyst, Avid Ventures, Global Founders Capital, Picus Capital, and Alter Global. "We're thrilled that the same year we started operations in Mexico, we're able to make our official landing in Brazil. Since Clara's inception, our goal has been to offer the best corporate spend management solution based on a solid infrastructure, adhering to local regulations, so we can contribute to the growth and competitiveness of all companies in Latin America. We've been entrepreneurs and executives in companies that have operated across the region, so we know that the needs are similar in Brazil as they are in Mexico or Colombia. Further, we have many customers that operate throughout these countries, and we're thrilled to be their ally," Gerry Giacomán Colyer, Clara CEO and Co-Founder.