Clarasight Raises $11.5M Series A to Bring AI to Enterprise Travel

Today, we're announcing that Clarasight has raised $11.5 million in Series A funding led by AlleyCorp, with participation from Rackhouse Venture Capital, Clocktower Ventures, Pulse Fund, Thayer Ventures, Future Back Ventures, Vestigo Ventures, and XYZ Venture Capital.

The Problem We're Solving

Corporate travel is one of the largest discretionary spend categories in the enterprise. Companies spend billions on it every year. And yet, the infrastructure behind it is broken and the way programs are managed is reactive rather than proactive.

Travel data lives in TMCs. Expense data lives in a separate system. Card, HR and business context data exist in disparate silos. None of these systems talk to each other in a meaningful way.

Once data is finally cleaned, travel managers are often left with an outdated historical report, but no clear path to act on it.

The result? Strategic decisions get delayed, savings opportunities get missed, and the people responsible for one of the company's largest spend categories are stuck doing administrative work instead of driving outcomes.

Every other core business function has been transformed by AI-native software. Corporate travel hasn't — and that gap is costing enterprises billions in inefficient spend, budget overruns, and hours of manual work every day.

That's the problem Clarasight exists to solve.

We Transform Travel Programs From Cost Centers Into Profitability Drivers

We started by solving a real constraint: fragmented data across travel, expense, card, and HR systems. That foundation still matters. But it’s no longer the end state.

We've built an AI-native platform that starts by enabling a complete, real-time picture of your program. Every dollar of travel, expense, card, and HR data — unified, normalized, and AI-ready. No manual reconciliation. No waiting on a TMC export. It's your program, fully visible, all the time.

We then enable leaders to shift from reactive reporting to proactive program management by automating the actions and workflows that drive real savings.

What that looks like in practice:

- Reporting that once took days now takes seconds
- Supplier negotiations backed by a fully defensible spend picture
- Policy exceptions caught before they become problems
- What-if scenarios that once took days happen in seconds
- Complex global programs run by lean teams, without adding headcount

Our customers have driven program savings of 25% while reducing reporting and insight delivery time by 99% and eliminating more than 90% of the manual data review work that previously consumed their teams. These aren't incremental improvements. They're the kind of gains that change what a team is capable of.

What Traction Behind The Raise

In the past year, recurring revenue grew approximately 10x. Clarasight now manages data from programs representing more than $5 billion in enterprise travel and expense spend. Four of the sixteen largest corporate travel programs in the BTN 100 are Clarasight customers, including two Big Four accounting firms.

These are not companies that make rash decisions or take risks on unproven technology. The fact that they've chosen Clarasight, and that they describe it as mission-critical infrastructure, tells you everything about the value we're delivering to those who adopt Clarasight.

What's Next

This investment funds two areas: advances in product development and go-to-market.

On product, we're continuing to deepen our AI-native infrastructure while building out the automation and intelligence layer that allows enterprise leaders to move faster, work smarter, and automate savings.

The roadmap is ambitious and the team building it is exceptional.

On go-to-market, we're expanding across North America and Europe. The demand signal for global companies across both markets is strong as they face the same data fragmentation and program management challenges, often compounded by regulatory complexity and the desire to optimize spend as the cost of travel explodes.

The market is ready. We've proven the product works at scale. Now we go back to building.

A Note of Gratitude

None of this happens without our customers, who trusted us early and pushed us hard. Without our team, who builds and ships with a level of craft and urgency that still makes us proud every day. Or without the travel managers, finance leaders, sustainability and procurement professionals who challenged us to deliver outcomes that even a year ago would have seemed impossible.

Thank you for your trust. We’re just getting started.

-Adam Braun & Philip Charm, Co-Founders

To see what Clarasight can do for your program, request a demo.

To join our team, we're hiring.

And to learn from peer leaders across the space, join the Corporate Travel AI Network.

‍