Colombia-Based Kala Announces New $55M Financing
Gunderson Dettmer represented client Kala, a Colombia-based company building fintech infrastructure for lending, in its $55 million financing. This new round brings Kala’s total funding to $61 million, following its $6 million Series Seed financing in 2023.
Kala’s vertical SaaS product is built for institutions, like banks and credit unions, that want to launch and operate their own credit products. With the new capital, the company expects to reach more than 10,000 customers in 2025.
In the announcement of the transaction, Kala CEO Manuel Alemán said, “We work to open the doors and give credit opportunities to those who have closed them by traditional banking. Thanks to our technology, developed especially for our customers, we offer quick answers for those people who have only received excuses or rejections.”
The Gunderson deal team was led by Dan Green, Brian Willbur and Daniel Gallo, and included Felipe Hasenohr and Ana Cabrera.
Companies
Kala