BBVA Anthemis Venture Partnership, the investment and startup acceleration firm resulting from the collaboration between BBVA and the Anthemis Group (Anthemis), today confirmed its participation in Cledara’s latest funding round.

The startup obtained $3.4 million in a new funding round, led by Nauta Capital, thanks to its innovative solution that allows companies to centralize their software as a service (SaaS) payments in a single platform. Cledara’s solution makes it easier to manage this service procurement model, showing the total amount spent and promoting new ways to save.

In less than a year of evolution and analysis, Cledara has managed to complete this second phase of financing, led by the well-known venture capital fund, Nauta Capital, with the participation of BBVA and Anthemis. With this new financing, Cledara has raised a total of $4.5 million of capital in just 12 months due to the success of its new business proposal.

This new funding round is seen as very important for Cristina Vila Vives, the founder and executive director of Cledara, who reports that the team is “thrilled to have the support of BBVA and Anthemis, which allows us to invest in greater product development and continue growing.”

BBVA and Anthemis have joined forces with the goal of identifying new business opportunities in projects at the very early stages, with disruptive proposals related to financial technologies. In the words of Christhi Theiss, BBVA’s participation in this new funding round is “a reflection of BBVA’s commitment to the fintech ecosystem and a reflection of the potential of Cledara’s platform to be truly disruptive.”

For Farhan Lalji, director of the collaboration between BBVA and the Anthemis Venture Partnership at the Anthemis Group, this new phase in the process reflects the fact that “Cledara’s execution speed and growth has evolved very significantly in just 12 months. Our partnership with BBVA was created to help entrepreneurs like Cledara in their entrepreneurial journey and we are excited to be able to support the team in the next stage of this journey.”

At the end of 2018, the BBVA and Anthemis firm led the first professional investment in Cledara following a pre-seed funding round. Thanks to this, the startup was able to benefit from an injection of capital, as well as the contribution of significant resources from the firm.