Week 46: Latin America Startup Funding Led by Clara

Startups across Latin America raised a combined $115.55M this week across three disclosed funding rounds, with most of the capital going to financial technology companies. Funding also went to a Brazilian AI startup developing tools for B2B sales operations.

The Week's Largest Startup Funding Rounds

Here are the biggest disclosed startup funding rounds across Latin America this week.

/1. Clara, $105M, Fintech, Mexico

Latin American corporate spend management platform Clara raised $105M in combined equity and growth financing. The package comprises a $65M Series C round anchored by Citius, Kaszek and DEG, alongside the renewal of a $40M growth financing facility from General Catalyst's Customer Value Fund. Other participating investors include Coatue, DST Global Partners, Monashees and CMT Digital.

The company plans to use the new capital to expand its go-to-market team and strengthen its AI capabilities. It currently serves more than 45,000 customers and says its annualised net revenue has surpassed $100M.

Week 45: Latin American Startups Raise $13.17M

Agritech attracted the largest disclosed funding round this week, with additional capital going to fintech and AI companies.

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/2. Palomma, $10M, Proptech, Colombia

Colombian rental payments startup Palomma raised $10M in a Series A round led by Mexican venture capital firm Cometa. Other investors included Volpe Capital, Clocktower Technology Ventures, Tekton Ventures, Simma Capital and Yango Ventures, alongside existing backers such as Y Combinator and 17Sigma. The latest round brings Palomma's total funding to $14M.

Based in Medellín, Palomma provides software and financial services for landlords, tenants and property managers. Its platform uses AI to support leasing conversations, customer service and rent collection, while also offering products such as rental guarantees and early rental payments.