6 years ago

Cledara Raises $930K to Help Companies Manage SaaS Spending

  • Cledara, a startup that helps companies manage their SaaS spending, has raised $930,000 in pre-seed funding from Anthemis/BBVA, Techstars London, and various angels

  • Founded by Cristina Vila, Cledara offers software to track and manage SaaS usage and spending, providing analytics to help understand if it is money well-spent

  • The company also offers unlimited virtual debit cards to empower employees and outside teams to purchase SaaS offerings independently, with the option for management to approve purchases before they happen

  • Cledara aims to solve the problem of companies wasting billions of dollars on duplicate, unused, or forgotten software subscriptions

  • Vila sees Cledara as a fintech as much as a traditional SaaS, offering a platform that enables companies to manage and control recurring subscription payments

  • Cledara generates revenue from subscription fees and interchange fees via its Cledara virtual Mastercard debit cards.

      • ProblemTechnology

      "Companies are wasting over $20 billion each year on duplicate, unused, or forgotten software subscriptions. It's difficult for companies to manage their software subscriptions at scale and make informed decisions about which software to use. "

      Solution

      "Cledara is a software platform that helps companies manage their SaaS spending. It provides analytics and insights into software usage and spending, and offers virtual debit cards for employees to purchase software. Cledara is designed to help companies manage their subscriptions in a scalable and collaborative way."

      Covered on