Clarasight raises $11.5M Series A for corporate travel data management

Clarasight, a data management specialist for corporate travel, raised $11.5 million in a Series A round led by AlleyCorp. Its platform integrates data from TMCs, expense tools, card programs, and HR systems into an AI-ready model, helping enterprises manage travel spend. Recurring revenue grew 10x in the past year, and the platform now manages programs representing over $5 billion in enterprise travel and expense spend. Funds will support product development and expansion in North America and Europe.