Clarasight Secures $11.5M in Series A to Unify Corporate Travel, Expense, and Emissions Intelligence
Corporate travel has always been that line item nobody wants to stare at too long. Big numbers, blurry logic, and just enough reporting to keep everyone comfortable with not digging deeper. Clarasight stepped into that ambiguity with a different agenda: make the invisible obvious, and make the obvious impossible to ignore.
Clarasight, the New York-based platform stitching together travel, expense, policy, vendor, and emissions data into something that actually makes sense, just locked in $11.5M in Series A funding. AlleyCorp led the round, with Rackhouse Venture Capital, Clocktower Ventures, Pulse Fund, Thayer Ventures, Future Back Ventures, Vestigo Ventures, and XYZ Venture Capital all pulling up a chair. That’s not a cap table, that’s a signal.
Credit where it’s due. Adam Braun and Philip Charm didn’t stumble into this lane, they built it. From the early days as Climate Club, where carbon wasn’t a trend label but a data problem, to now running point on enterprise travel and expense like it’s a system instead of a spreadsheet graveyard. That evolution matters. You don’t get to “mission control” without first understanding the mission.
And the numbers? They whisper before they shout. 10x revenue growth in a year. Data tied to more than $4B in enterprise spend flowing through the platform. Four of the sixteen largest corporate travel programs in the BTN 100 already in the mix, plus two of the Big Four accounting firms. That’s not early traction, that’s enterprise trust earned the hard way.
What Clarasight is really selling isn’t software. It’s clarity in a category that’s been allergic to it. When you unify cost, behavior, and carbon into one view, finance stops arguing with operations, sustainability stops chasing reports, and decisions stop feeling like educated guesses dressed up for meetings.
The play here is simple, but not easy. Take a fragmented, multi-billion-dollar spend category and make it legible. Then make it actionable. Then make it indispensable. Most teams get stuck on step one.
This raise fuels product and go-to-market expansion across North America and Europe, but the real expansion is philosophical. Travel and expense isn’t just overhead anymore. It’s strategy, risk, and signal, all rolled into one line item that finally has a voice.
