Cledara, a London, UK-based all-in-one SaaS management platform that helps companies discover, buy, and manage all software subscriptions, announced that it raised $20 million in Series A funding.
The round was led by CommerzVentures, with participation from Nauta Capital, Notion Capital, Carbide Ventures, and Massive.
This funding will help the company accelerate its growth in the United States, where it launched in March and has seen tremendous growth and interest from US companies.
Following the announcement of funding, Cledara founders Cristina and Brad will relocate to Denver, CO to establish Cledara's presence in the United States.
Cledara continues to serve its customers and assist new businesses in managing their software in novel ways. Cledara intends to continue investing in its platform, user experience, and software management processes to provide even more insight into what is now the second most expensive expense for businesses.
Company: Cledara Inc.
Round: Series A
Funding Month: September 2022
Lead Investors: CommerzVentures
Additional Investors: Nauta Capital, Notion Capital, Carbide Ventures, and Massive
Company Website: https://www.cledara.com/
Software Category: Saas Management
About the Company: Founded by Cristina Vila in 2018, Cledara is a SaaS management software that helps businesses manage and streamline purchasing, management, and cancellation processes on a unified platform. Cledara aims to create a shared consciousness in a business where teams work harmoniously together, aided rather than hindered by their software and processes. Its mission is to improve your relationship with software. Cledara helps companies around the world simplify the way they discover, buy, manage, and cancel software. Cledara is available in the United States and 28 countries across Europe, including the UK, Ireland, France, Germany, Spain, and the Netherlands. The Cledara card is available in USD, EUR, and GBP, with offices in Denver, London, and Barcelona, and is actively hiring for sales, marketing, operations, and tech roles.