We Raised $20 Million To Change The Way Companies Discover, Buy, and Manage Software

A new chapter: we closed our Series A funding round this morning.
We Raised $20 Million To Change The Way Companies Discover, Buy, and Manage Software

It’s another milestone moment for Cledara. Today, we announced the completion of our $20M Series A funding round, led by CommerzVentures, with participation from Nauta Capital, Notion Capital, Carbide Ventures, and Massive.

We are humbled and beyond excited for this next stage of growth for Cledara. Humbled because of the over 800 businesses in the UK, Europe and now the US that have put their trust in us to help them become better. We work hard everyday to solve the tension growing companies have between fast growth, and the resulting chaos created by lack of processes and control. 

When we started back in 2018, we introduced an elegant way to manage the end-to-end journey of SaaS in a business, allowing teams to see, for the first time, all their SaaS in one place and reduce the administrative burden that comes with it.  And we have never looked back!

This funding will accelerate our expansion in the United States, where we launched in March and have seen tremendous growth and interest from US companies. In fact, the United States has quickly become our second-largest and fastest-growing market. 

Following this exciting news, our founder and co-founders Cristina and Brad will relocate to Denver, CO to build out Cledara’s presence in the US. 

What’s next?

We keep serving our customers and helping new companies manage their software in a new way. We plan to continue to invest in our platform, user experience and software management processes to provide even greater insight into what is now the second largest expense for companies. 

The whole team is excited about this new chapter at Cledara and know that we could not have achieved any of this success without the trust and confidence of our customers, partners and wonderful employees who work passionately everyday to bring the Cledara brand to life. 

Actually - why not join the team?  With offices in Denver, London and Barcelona, we’re actively hiring for sales, marketing, operations, and tech roles.

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Jenny Liu
Head of Finance @ Marshmallow