Clarasight Raises $11.5M in Series A Funding Led by AlleyCorp

The company plans to use the funds to develop new products and expand its market presence across North America and Europe. The funding comes after a year in which recurring revenue grew about 10 times, and the platform expanded to manage data from programs covering more than $5 billion in enterprise travel and expense spending.

Corporate travel is a major expense for companies, but the systems managing it are often disconnected. Travel, expense, HR and supplier data are stored in different systems and formats so teams must manually combine spreadsheets to track spending, comply with policies and evaluate supplier performance.

Clarasight uses Data Management Agents to connect data from travel systems, expense tools, payment cards and HR platforms into one unified, real time model. This helps turn scattered data into a clear, AI ready system, enabling teams to gain insights and take actions that improve cost savings, reduce emissions and better manage suppliers.

Clarasight now works with four of the top sixteen corporate travel programs in the BTN 100, including two of the Big Four accounting firms. Companies using its platform have cut reporting and insights time by 99% and reduced manual data work their teams previously handled by more than 90%.

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“Every other core business function has been transformed by AI-native software,” said Adam Braun, Co-Founder and CEO of Clarasight. “Corporate travel hasn't, and that gap is costing enterprises billions in inefficient spend, budget overruns, and hours of manual work every day. Clarasight closes that gap, and the demand we're seeing tells us the market is ready.”

“The corporate travel sector has lagged behind other enterprise categories in its use of AI, making this an extremely compelling opportunity in AI software development,” said Marshall Porter, General Partner at AlleyCorp. “Many of the world’s largest companies are now working with Clarasight and view the platform as a truly mission-critical part of how their business operates.”

About Clarasight

Founded in 2021 by Adam Braun and Philip Charm, Clarasight is an AI platform for managing enterprise travel and expense. It brings scattered data together into a real time system, helping teams automate workflows, refine supplier strategies and manage complex programs without adding staff.

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