The funding round was led by Nauta Capital with participation from Anthemis.
"Companies waste $20billion on duplicate, forgotten or unused SaaS purchases yearly. Our mission at Cledara is to help our companies cut through the chaos and start managing their software subscriptions in a scalable way. This round comes at a point in time when a successful transition to the cloud is critical for businesses and economies everywhere"
The grant comes from Innovate UK through the Sustainable Innovation Fund.
"Fixed schedules lead to static groupings of the same people in the same office at the same time. A company’s culture is the mix of all its people, not just those in the office on Mondays. Catering for flexible working practices will not only maximise staff interactions remotely and physically but create a more equal playing field for a diverse workforce. We can’t sleepwalk into a situation where employees who are less present in the office or work on different days to other key stakeholders, miss out on opportunities. It will lead to the people who are remote most often or on fixed days getting promoted less or being overlooked."
The London based startup raised the capital from twelve angel investors to expand its engineering team and fuel product development.
"The future of retail is built on data, but today’s FMCG data systems are beyond inefficient, and challenger brands are paying the heaviest price. We’re excited to use this investment to bring big brand data power to every supplier, to make sure brands are judged by the quality of their products, not the size of their data team."