Clay Technologies
- Company typePrivate
- Founded2015
- HeadquartersSantiago, Chile
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Clay Technologies does
Clay Technologies is a Santiago-headquartered Chilean fintech founded in 2015 that provides a cloud-based SaaS platform for financial management and automated accounting, targeting B2B companies — primarily small and medium enterprises (PyMEs) in Chile. The platform connects natively to up to 14 Chilean banks, the SII tax authority, and the TGR Treasury, synchronizing bank statements every 2-4 hours via robotic process automation that logs into bank portals to extract data. Clay's core product architecture centers on a proprietary accounting robot (Cassius) that generates 80% of accounting entries automatically, paired with a write-enabled API that exposes the accounting engine to third-party systems and AI agents. The platform supports cash flow forecasting up to 12 months, automated collections, F29/F22 tax compliance, multi-company and multi-user management at no incremental cost, and integrations with 20+ third-party platforms (Bsale, Nubox, Previred, BUK, Talana, Transbank, Slack, among others). In 2025, Clay became the first Chilean accounting software integrated with Anthropic's Claude via the Model Context Protocol (MCP), enabling natural-language queries on live financial data, and launched Grac.IA, an in-app conversational AI support agent.
The company's revenue model combines a tiered monthly SaaS subscription (API Plan and PYME Plan from 3 UF/month, PRO Plan from 6 UF/month) with usage-based billing on transactions processed, supplemented by separately invoiced professional services including F29 preparation, monthly accounting management, and payroll. Pricing is denominated in Chilean UF (Unidad de Fomento) with IVA applied. Clay serves approximately 4,500+ companies across professional services, consulting, financial advisory, technology, trading, education, and investment verticals, with a customer base heavily weighted toward SMB and mid-market segments. Distribution combines a self-serve PLG motion (free trial, demo request) with a structured partner referral program covering BUK, BSALE, Xepelin, Levannta, Cobrofactor, CobranzaOnline, Chile Converge, and Broota. The company operates as a 100% remote organization of approximately 50 people across 3 countries, with 56-62% women on the team, and is endorsed by Corfo (Chilean economic development agency) and Fintech Chile. In November 2025, Clay extended beyond its Chilean base by partnering with Pepper Advantage to launch Paydown.com, a UK-based mobile-first lending platform for credit card debt consolidation.
Clay Technologies firmographics
Firmographics- Name
- Clay Technologies
- Legal name
- Clay
- Website
- https://clay.cl
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Where Clay Technologies is headquartered
LocationHeadquarters
- HQ city
- Santiago
- HQ country
- Chile
- HQ region
- Latin America
Offices1 record
Markets served
Clay Technologies business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- SaaS Subscription (Software Plans): Clay offers tiered SaaS plans priced in UF (Unidad de Fomento): API Plan from 3 UF, PYMES Plan from 3 UF, PRO Plan from 6 UF. All plans include multi-company and multi-user at no extra cost. Billing is monthly based on consumption of transactions processed.
- Transaction-based Consumption: Clay bills based on transaction volume processed each month. A transaction is any financial record processed in the platform: bank movements (credits/debits) and purchase/sale obligations. Consumption is updated monthly according to real transactions registered. Increases when customers grow their operation.
- Professional Accounting Services: Clay offers additional professional accounting services including F29 preparation, monthly accounting management, and payroll services, which are billed separately and are subject to IVA.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | API Plan - From 3 UF/month |
| Subscription | Monthly | PYME Plan - From 3 UF/month |
| Subscription | Monthly | PRO Plan - From 6 UF/month (Recommended) |
Go-to-market motion3 records
Distribution channels7 records
Marketing channels7 records
Clay Technologies product offering
Product offeringCore offering
Clay Technologies operates a cloud-based SaaS platform that automates bank reconciliation, accounting, and tax compliance for Chilean B2B companies. The platform connects natively to 14 Chilean banks, the SII (tax authority), and TGR (Treasury) to refresh financial data every 2 hours, and uses AI components (Cassius, Grac.IA, Claude via MCP) to automatically generate up to 80% of accounting entries and answer natural language financial queries.
Product overview
Clay Technologies offers a cloud-based financial and accounting SaaS platform for Chilean B2B companies. The core portfolio consists of three main products: (1) SaaS Gestión Financiera providing bank reconciliation, cash flow management, and collections; (2) SaaS Contabilidad adding automated accounting entries, financial reports, and tax compliance (F29, F22, RLI); and (3) API Clay for developers to integrate the accounting engine into external systems. Grac.IA serves as an AI assistant within the platform. The platform connects natively to up to 14 Chilean banks, SII, TGR, and integrates with Claude via MCP for natural language queries. A separate product, Paydown.com (launched November 2025), is a UK-based debt consolidation lending platform built in partnership with Pepper Advantage.
Differentiator
Problem solved
Functional benefit
Brands
- Grac.IA: AI assistant integrated within Clay's application that helps users with accounting queries and platform navigation.
- Paydown.com
Products and services
- Clay SaaS Gestión Financiera Financial management software providing automated bank reconciliation, cash flow visibility up to 12 months, automatic/assisted/manual reconciliation, automated collections, customer and supplier management, KPI dashboard, ERP integration, and automatic invoicing with the SII. Designed for Chilean B2B companies.
- Clay SaaS Contabilidad Complete financial and accounting software combining all financial management features with automated accounting entries (via Cassius), financial and accounting reports, 8-column balance, income statement, accounting books, and tax management including F29 and F22 proposals and RCV Auditor.
- API Clay Developer API integrating Clay's accounting engine into external systems, providing access to bank movements from 14 Chilean banks, SII documents, and TGR data. Supports unlimited users, operates accounting via API (not read-only), and is compatible with LLMs and AI agents.
- Grac.IA AI assistant expert in Clay, accessible via in-app chat, that answers user questions about the platform and connects users to the support team when needed.
- Paydown.com Mobile-first lending platform in the UK that enables borrowers to consolidate high-interest credit card debt into lower-rate personal loans. Uses open-banking and AI-driven technology for eligibility checks, approvals, and loan management. Co-developed with Pepper Advantage.
Quantifiable outcome
- 80% of accounting entries generated automatically by Cassius
- +3 more outcomes
Companies that use Clay Technologies
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
Clay Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration18 records
AI capability6 records
Feature6 records
Clay Technologies partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- Pepper AdvantagecoreClay Technologies and Pepper Advantage jointly launched Paydown.com, a mobile-first lending platform in the UK. The platform enables UK borrowers to consolidate high-interest credit card debt into lower-rate personal loans, using open-banking and AI-driven technology for quick eligibility checks, approvals, and loan management.
- BUKcoreBUK is a comprehensive people management (HR) software. Clay offers BUK customers 30% discount during the first two months when they contract Clay's accounting and finance software. Mutual referral relationship.
- BSALEcoreBSALE is a sales management software that helps SMEs organize and administer all sales processes. BSALE customers receive free onboarding when they contract Clay. Mutual referral and integration partnership.
- XepelinminorXepelin is a financing platform for companies, enabling invoice factoring or postponing obligations with suppliers. Xepelin customers receive 25% discount on Clay's SaaS during the first 6 months.
- LevanntaminorLevannta is the first fintech to finance companies with subscription and/or recurrent contract models, providing liquidity for up to 12 months of future cash flows. Levannta customers receive 25% discount during the first 6 months on Clay.
- CobrofactorminorCobrofactor is an online collection platform where if there is no collection, there is no cost. Cobrofactor customers receive 30% discount in their first 3 months using Clay's accounting and finance software.
- CobranzaOnlineminorCobranzaOnline is software for managing the recovery of unpaid documents. Mutual referral partnership with Clay for shared customers needing both collections and accounting.
- Chile ConvergeminorChile Converge is a community that articulates tools and services to help entrepreneurs develop their businesses. Chile Converge members receive 30% discount on Clay's SaaS during the first 3 months.
- BrootaminorBroota is a crowdfunding platform connecting investors with impact startups seeking capital. Broota customers receive 25% discount for 2 years on Clay's subscription, applicable to both accounting and financial management software.
- Anthropic (Claude MCP)coreClay is the first Chilean accounting and financial software integrated with Anthropic's Claude via MCP (Model Context Protocol). This integration enables natural language queries on financial data directly within Clay.
- AWS (Amazon Web Services)coreClay operates on AWS cloud infrastructure, as indicated by the 'Powered by AWS' logo on its website. AWS provides the cloud computing backbone for Clay's SaaS platform.
- CorfocoreCorfo (Corporación de Fomento de la Producción) is a Chilean government economic development agency that supports Clay, as indicated by the Corfo logo on the company's website. Corfo provides funding and support for innovative Chilean startups and SMEs.
- Fintech ChilecoreClay is a member of Fintech Chile, the Chilean fintech industry association. Displayed with the 'Fintech Chile' logo on Clay's website, indicating industry recognition and community participation.
- PyMEs en LíneaminorPyMEs en Línea is a Chilean government portal for SMEs. Clay's presence on this platform helps reach Chilean small and medium enterprises.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Clay Technologies competitors and assessment
Company assessmentEmerging players
- Conta Azul: Brazilian cloud accounting/management SaaS for SMBs with bank reconciliation and tax automation — a large LatAm peer that demonstrates the scale potential of the regional SMB accounting SaaS category Clay occupies.
- Chipax: Chilean/LatAm accounting automation and financial management platform with similar bank-integration and SMB focus; also integrates with Clay, indicating ecosystem overlap rather than direct competition.
Direct peers
- Contabilium: Latin American cloud accounting and invoicing SaaS focused on SMBs and accountants, comparable to Clay in product scope (bank reconciliation, tax filings, multi-user) and target market across Spanish-speaking LatAm.
- Defontana: Chilean/LatAm ERP and accounting SaaS targeting SMBs with cloud-based financial management, tax modules, and bank integration — a head-to-head competitor in the same Chilean PyME segment.
- Bsale: Chilean SMB sales management and invoicing platform that overlaps with Clay on financial management for SMEs; also a Clay channel partner, illustrating the dual competitor/partner dynamic in the Chilean SMB SaaS ecosystem.
- Nubox: Chilean cloud accounting and payroll SaaS serving SMBs and accountants, directly competing with Clay in the Chilean financial management/automation category with overlapping tax compliance and bank reconciliation features.
Broad incumbents
- QuickBooks (Intuit): Dominant global SMB accounting platform with bank feeds, AI categorization, and tax compliance; represents the long-term competitive threat of global incumbents localizing into Chile/LatAm.
- Xero: Global SMB accounting SaaS with bank reconciliation, AI features, and accountant collaboration — sets the global benchmark that Clay's product experience competes against for any cross-border or enterprise Chilean customer.
Others
- Xepelin: Chilean/LatAm fintech offering invoice factoring and SMB financing; Clay channel partner offering Clay discounts to its customers, providing financial-services adjacency and a potential future embedded-finance integration.
- BUK: Chilean HR/payroll SaaS that is also a Clay channel partner (referring HR customers to Clay for finance) — adjacent rather than competitive, and a key distribution channel for Clay's SMB base.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Clay Technologies social profiles
Digital presenceClay Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Clay Technologies leadership team
Management profileNumber of profiles
Profiles7 records
Clay Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Clay Technologies M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Clay Technologies
What does Clay Technologies do?
Clay Technologies operates a cloud-based SaaS platform that automates bank reconciliation, accounting, and tax compliance for Chilean B2B companies. The platform connects natively to 14 Chilean banks, the SII (tax authority), and TGR (Treasury) to refresh financial data every 2 hours, and uses AI components (Cassius, Grac.IA, Claude via MCP) to automatically generate up to 80% of accounting entries and answer natural language financial queries.
Is Clay Technologies a public or private company?
Clay Technologies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Clay Technologies founded?
Clay Technologies was founded in 2015. It employs 11 to 50 people.
Where is Clay Technologies based?
Clay Technologies is headquartered in Santiago, Chile, in the Latin America region.
How does Clay Technologies make money?
Three revenue lines are on record. SaaS Subscription (Software Plans) is the primary driver. The others are transaction-based Consumption and professional Accounting Services.
Who are Clay Technologies's main competitors?
Emerging players on record are Conta Azul and Chipax. Direct peers are Contabilium, Defontana, Bsale and Nubox. Broad incumbents are QuickBooks (Intuit) and Xero. Others are Xepelin and BUK.
Does Clay Technologies have an API?
Yes. Clay API allows developers to integrate Clay's accounting engine into their own systems. Supports querying bank movements, balances, and DTEs (electronic tax documents) with updated data. Connects to 14 banks, SII, and TGR. Unlimited users. Compatible with LLMs and AI agents. Operates accounting via API, not just reading. Developer documentation is at www.clay.cl/apis-bancarias-y-sii.