Clarasight, an AI platform for enterprise travel and expense, has raised an $11.5 million Series A 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 round follows a year in which recurring revenue grew approximately 10 times and the platform expanded to manage data from programs representing more than $5 billion in enterprise travel and expense spend.
Corporate travel is one of the largest discretionary spend categories for enterprises, yet the systems behind it remain highly fragmented, with travel, expense, HR, and supplier data living in separate systems and incompatible formats. Finance and travel teams are often left reconciling spreadsheets manually just to understand spend, policy compliance, and supplier performance.
Clarasight’s Data Management Agents integrate data from an enterprise’s travel management companies, expense tools, card programs, and HR systems, normalizing fragmented sources into a unified, real-time AI-ready model. From that foundation, the platform automates workflows, backs supplier negotiations with a complete spend picture, catches policy exceptions early, and compresses what-if scenario analysis from hours to seconds. Enterprise customers using Clarasight have reduced reporting and insight delivery time by 99% while eliminating more than 90% of the manual data review cycles that previously consumed their teams.
The company now counts four of the sixteen largest corporate travel programs in the BTN 100 among its customers, including two Big Four accounting firms. The new capital will fund product development and go-to-market expansion across North America and Europe.
KEY QUOTES:
“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. Clarasight closes that gap, and the demand we’re seeing tells us the market is ready.”
Adam Braun, Co-Founder and CEO, Clarasight
“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. 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.”
Marshall Porter, General Partner, AlleyCorp
