Cledara Company Report
Company Overview
Name, Mission of the Company
- Name: Cledara
- Mission: To improve your relationship with software by helping you discover, buy, manage, and cancel the right software, so you get closer to achieving your objectives.
Founding Details
- When Founded: 2018
- Founded by: Cristina Vila
Key People
- Cristina Vila Vives: Founder & CEO
- Brad van Leeuwen: Co-Founder & COO
Headquarters
- Location: 3rd Floor, 86-90 Paul Street, London, England, EC2A 4NE
Number of Employees
- No information is available
Revenue
- No information is available
Recognition
- Known for being the world's leading software management platform for finance teams with 1,000+ customers in 32 countries and 5,600+ software vendors.
Products
Main Offerings
1. Software Spend Management Platform
- Description: A platform designed to streamline payments, simplify approvals, and provide actionable insights to reduce costs.
- Key Features:
- Management: Real-time directory of software and hosting to automate access requests, budget changes, contracts, invoices, and manual accounting tasks.
- Payments: Designed specifically for software, enabling easy buying, renewing, and canceling of subscriptions, with features like spend limits, virtual cards, and cashbacks.
- Optimization: Identifies underused, duplicate, and similar tools to optimize software spending.
- Security: Provides software compliance and security tools for SOC2 and ISO27001.
Detailed Features
- Payments Built for Software: Control spend with payments specifically designed for managing software.
- Automate Finance Tasks: Automate buying, accounting, and invoice capture, offering significant time savings.
- Spend Optimization: Insights on unused and duplicate tools to reduce software costs.
- Real-Time Directory: Tracks every tool your company uses, including unapproved ones.
- Software Usage: Monitor how much each tool is being used to understand its value.
- Manage Integration: No limitations from integrations or partnerships.
Recent Developments
Achievements & Recognition
- G2’s Summer 2024 Report: Secured 15 badges.
- Collaborations: Connect Cledara with NetSuite for end-of-month transformations.
Expansion & Funding
- Market Expansion to the US: Establishing new headquarters in Denver, Colorado.
- Series A Funding: Raised $20 million led by CommerzVentures.
- Partnership: Bond partnership enables issuing Mastercard cards in 30+ countries.
Product Enhancements
- New Features: Integrations with financial and compliance systems, enhancing real-time directories and optimizing spend further.
- Customer Success Stories: Various companies like Marshmallow, what3words, Butternut Box benefited from using Cledara.
Other Notable Updates
- Support Metrics (Q1 2024):
- Customer Satisfaction (CSAT): 93%
- Median Resolution Time: 3 hours
- Chat Wait Time: 47 seconds
- Median First Response (Email): 1.7 hours
Summary
Cledara is a pioneer in the SaaS spend management space. Their versatile platform offers a comprehensive package to finance teams, enabling them to control, optimize, and secure their software expenditures effectively. With recent funding, expansion to the US, and numerous accolades, Cledara is well-positioned for continued growth and success.