Cledara, a UK-based software management start-up, has completed a $20 million Series A funding round.
CommerzVentures led the round with additional investment by Carbide Ventures and Massive. Existing investors Nauta Capital and Notion Capital also took part.
Founded in 2018, Cledara claims to be “the first software management platform designed for growing companies”, with 800+ companies on its user list.
Its mission is “to make it simple for any company to take control of their growing software subscriptions in a simple, intuitive manner”. Its flagship offering combines a payment platform with software management capabilities – “designed specifically for the journey of software within an organisation”.