Major investment in Habi and seed capital for Instaleap and Kala are stand outs in LATAM funding

In the midst of this shortage of capital for startups,this week the proptech unicorn Habi announced that it received US$100 million from Victory Park Capital. Bogota-based Instaleap raised a US$5 million Series A, they offer software as a service (SaaS) to supermarkets and pharmacies to help them sell online. Kala, a Colombian startup that helps turn any credit company into a fintech, announced that it raised US$6 million in equity in its first 12 months of operations.

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Clara Raises US$60M in a round led by GGV Capital

April 27, 2023

Clara, the Mexican corporate expense management unicorn in Latin America, today announced the closing of a US$60 million investment round. The capital received will be used to boost the technological development of the digital payments and expense management platform, in addition to consolidating its market leadership in the region. Today the startup reports that it works with around 10,000 companies in Latin America, which use Clara’s suite of products to automate and simplify their daily operations.

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One-Third of Marketers Will Buy a CDP This Year: Optimove Survey

May 31, 2023

Just over one-third of marketers plan to either buy a new CDP (21%) or replace an existing one (13%) this year, according to this Optimove survey. Unfortunately, it doesn’t report how many have a CDP already in place, which would put the other values in perspective. It does seem that CDPs are a relatively low priority: they rank sixth on the list of new systems and eighth on the list of systems to replace.

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