C

Cledara

Subscription management platform for SaaS spending

Overview

Cledara helps businesses control and optimize their software subscriptions. It provides a subscription management platform that centralizes SaaS spend, tracks usage, and enforces internal policies. Through detailed analytics and dashboards, companies gain visibility into all subscriptions, enabling cost optimization and better decision-making. The platform supports multiple currencies and working across global teams, with pricing tiers based on users and features. Cledara differentiates itself with end-to-end spend governance, global reach, and a focus on reducing unnecessary SaaS costs while improving operational efficiency. The company aims to help organizations manage software investments more effectively and achieve measurable cost savings.

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About Cledara

Simplify's Rating
Why Cledara is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareFintech

Company Size

11-50

Company Stage

Series A

Total Funding

$24.3M

Headquarters

London, United Kingdom

Founded

2018

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Simplify's take

What believers are saying

  • Cledara says 21,000-plus customers and 4.6 G2 support strong product-market fit.
  • The November 2026 launch targets rising AI software spend and vendor sprawl directly.
  • Cledara's 2026 blog shows rapid shipping and active market education around SaaS economics.

What critics are saying

  • No funding since September 12, 2022 leaves Cledara undercapitalized against better-funded rivals.
  • SaaS management is becoming a feature inside finance stacks from Ramp, Brex, and Coupa.
  • If Cledara Agent underdelivers, customers will revert to native procurement and identity workflows.

What makes Cledara unique

  • Cledara Agent launched November 5, 2026, automating invoices, joiners, leavers, and unused seats.
  • Cledara covers 8,000-plus SaaS and AI tools, broader than classic spend trackers.
  • The platform expanded in 2025 into Cledara Spend, adding cards, reimbursements, and mobile approvals.

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Funding

Total Funding

$24.3M

Above

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
$15M
$20M
$30M

Benefits

  • Paid Vacation
  • Paid Holidays
  • Health Insurance
  • Gym Membership
  • Wellness Program
  • Professional Development Budget
  • Hybrid Work Options

Growth & Insights and Company News

6 month growth

0%

1 year growth

-4%

2 year growth

4%
Tracxn
Oct 13th, 2026
Cledara - Funding & investors.

Cledara - Funding & investors. Last updated: October 13, 2026 Cledara's funding rounds. Cledara has raised a total of $24.4M over 5 funding rounds: 3 Seed and 2 Early-Stage round s. Cledara's largest funding round so far was a Series A round for $***** in Sep 2022. Here is the list of all funding rounds of Cledara: | Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors | | Sep 12, 2022 | 3649571 | Series A | 9268924 | 8525551 | 9168305 | 7266127 | | Nov 19, 2020 | 6779274 | Series A | 4989516 | 5822389 | 8881103 | Anthemis Group & 1 more | | Sep 24, 2019 | 9448965 | Seed | 7990505 | 1165035 | 4539868 | Chris Adelsbach & 2 more | | Feb 06, 2019 | 5872836 | Seed | 9293075 | 4868801 | 5916224 | Techstars | | Sep 13, 2018 | 3542924 | Seed | 6103954 | 6410506 | 9122613 | 5238206 | Cledara's investors. Cledara has total 22 investor s, 10 are institutional investors including Nauta Capital and 9 others, 12 are Angel investors including Christian Rasmussen and 11 others. Here is the list of institutional investors of Cledara: * Anthemis Group, located in London (United Kingdom), made their first investment in Cledara on Nov 19, 2020 in its Series A round. * Techstars, located in New York City (United States), made their first investment in Cledara on Feb 06, 2019 in its Seed round. Are you a Founder? FAQs about Cledara's funding and investors. Explore latest companies that raised funding recently * Sendy - raised a funding of $2.21M in Series C round held on Oct 01, 2026. * alephsurgical.com - raised a funding of $7.5M in Seed round held on Oct 01, 2026. * Armadin - raised a funding of $256M in Series B round held on Oct 01, 2026. * Aligator - raised a funding of $1.2M in Seed round held on Oct 01, 2026. * Zaperon - raised a funding of $730K in Seed round held on Oct 01, 2026.

Tech in Asia
May 14th, 2025
Notion Adds Ai Tool To Transcribe, Summarize Meetings

👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.🧔‍♂️ A friendly human may check it before it goes live. More news hereNotion has introduced a new feature that uses AI to transcribe meetings and summarize discussions.Currently available for Mac users with app version 4.7.0, this tool allows users to record meeting audio and generate formatted summaries for various types of meetings.Users can activate the feature by typing “/meet” on a Notion page.However, it is required to obtain consent from all participants before starting the transcription.The tool supports more than a dozen languages, including English, Chinese, Spanish, French, and German.🔗 Source: TechCrunch🧠 Food for thought1️⃣ AI transcription is evolving from specialty tool to core productivity featureThe AI transcription tools market is experiencing significant growth driven by increased demand across multiple sectors, with companies recognizing its value for enhancing collaboration and efficiency 1.Notion’s entry follows a pattern where productivity suites are integrating AI transcription to remain competitive, as seen in the various Notion alternatives that already emphasize AI writing assistance and meeting tools 2.This shift reflects the broader trend of AI integration into workplace tools, with 65% of businesses now using generative AI technologies and reporting significant cost reductions as a result 3.Organizations across sectors, particularly in professional services and technology, are rapidly adopting these tools, with applications spanning meeting documentation, content creation, and accessibility improvements 13.The multilingual capabilities of Notion’s transcription tool (supporting over a dozen languages) also align with a growing market demand for language flexibility in global business environments 1.2️⃣ Companies face implementation challenges despite clear productivity benefitsDespite the clear productivity potential of AI tools like meeting transcription, with AI projected to add $4.4 trillion in global productivity growth, organizations continue to struggle with full integration into existing workflows 4.Many businesses remain in experimental phases with AI adoption, as evidenced by high churn rates in AI tool usage that indicate companies are still determining which solutions best fit their needs 5.Only 1% of companies have achieved full maturity in AI deployment, suggesting that most organizations using tools like Notion’s new transcription feature are still early in their AI implementation journey 4.Business leaders recognize this gap, with 92% planning to increase AI investments despite implementation challenges, indicating they see long-term value in features like automated meeting transcription 4.The emphasis on consent in Notion’s new feature (requiring confirmation before transcription begins) also reflects the growing importance of governance and ethical considerations that companies must navigate when deploying AI tools 6.Recent Notion developments

WeAreDcoded
Nov 27th, 2024
Dcoding SaaS Business Growth 2.0

Cledara (London) Specialising in SaaS spend management, Cledara is expanding its London operations, scaling its engineering, sales, and customer success teams to help businesses navigate increasingly complex SaaS ecosystems.

Capitol Broadcasting Co., Inc.
Mar 3rd, 2023
Cut Your Headcount – Or Cut Your Software Spend? Tough Choices Face Triangle Tech Sector

Editor’s note: WRAL TechWire’s newest contributor is Dr. Sarah Glova, a globally recognized speaker, successful entrepreneur, university instructor, and business consultant. A seasoned educator and entrepreneur, Sarah is CEO of the award-winning digital media firm, Reify Media, With a Ph.D. in Instructional Technology and a Master of Science in Technical Communication, she is dedicated to cultivating forward-thinking work environments. +++. RESEARCH TRIANGLE PARK – We’ve seen the headlines—companies are reacting to economic uncertainty and financial pressure with big layoff announcements. But that’s not the only option—recent data shows that some companies may choose to cut software costs rather than lay off employees.

TechCrunch
Sep 17th, 2022
No Money For Shelfware

Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Too many subscriptions? Many of us are feeling this way, and so are companies: In a downturn, cutting unnecessary expenses is more important than ever. Is this why SaaS management solutions have become ubiquitous? Let’s explore. — Anna

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