/Companies

Clau

YC S20

Mexico City, MX · Founded 2019 · 90 employees · 32 known investors

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Clau operates a real estate platform in Mexico that integrates property listings, broker management tools, mortgage brokerage services, and renovation coordination, along with data infrastructure for the residential market.

Also known as Flat Holdings Limited · Flat

Founders & leadership· Y Combinator alumni (S20)

Clau was founded in 2019 by Bernardo Cordero, Victor Noguera, and Paola Frettlohr.

BCBernardo Cordero
Bernardo CorderoCo-FounderBernardo Cordero co-founded Linio.com, a major Latin American e-commerce platform, and STARTegy Venture Builder, an investment firm backing technology companies including Klar and Belvo. He holds an MBA from UC Berkeley Haas School of Business and a bachelor's degree in industrial engineering from Universidad Iberoamericana in Mexico.
VNVictor Noguera
Victor NogueraCo-founderVictor Noguera founded Flat.mx, a real estate marketplace and instant buyer in Mexico, and previously established STARTegy, a seed fund. He worked as a management consultant at BCG in New York and Barcelona, and holds an Industrial Engineering degree from Barcelona and an MBA from UC Berkeley Haas School of Business.
PFPaola Frettlohr
Paola FrettlohrCo-founder · Head of Legal2022–2024Paola Frettlohr began her career in private legal practice before moving in-house, working at startups and later leading the legal function for WeWork in Mexico. She has developed expertise in advising on business decisions across regulatory and commercial contexts.
FRFlorian Raetzer
Florian RaetzerProduct Manager2020–2021Founder at Hilos
AV
Arturo ViolanteLead Architect
FM
Fernando MelchorChief Data Scientist
FA
Fernanda AlbarranCustomer Happiness Manager
ALAlfonso Lizárraga
Alfonso LizárragaHead Of Engineering2019–2021Founder at Hilos
MD
Manuel de RobinaHead of Scoutsformer

Investors · 32

500 Globallisted by 500 GlobalPalo Alto · $150K

How we know: techcrunch.com · open dataset · 500 Global portfolio 2026-08 · Y Combinator's founder network · Not right? Tell us

Expalisted by ExpaWest Hollywood · $250K – $3M

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Hi Ventureslisted by Hi VenturesMexico City · $1M – $5M

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PICUS CAPITALlisted by PICUS CAPITALMunich · $100K – $5M

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Adalta AscentreportedNew York

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C3 VenturesreportedLos Angeles

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Coho DeeptechreportedSan Francisco

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Curious EndeavorsreportedSan Francisco

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Elysium Venture CapitalreportedPalo Alto

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Emles Advisorsreported

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Four CitiesreportedNewton

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HTwentyreportedMiami · $100K – $1M

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ITERATIVEreported$150K – $500K

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Next Billion Capital Partnersreported

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One Better VenturesreportedRaleigh

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OurCrowdreportedJerusalem

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Republic VenturesreportedNew York

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S2 CapitalreportedSan Francisco

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StartupsreportedCdmx

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Two Culture Capitalreported

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Wisdom VenturesreportedLos Gatos

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Xoogler Venturesreported

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Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Clau is a Mexico-focused real estate platform that lets users search properties for purchase or rent by city and lists apartments, houses and land across markets including Mexico City, the State of Mexico, Guadalajara/Zapopan (Jalisco), Monterrey (Nuevo León) and Querétaro. Alongside listings, the site offers owners the ability to publish their own property, and bundles adjacent transaction services: mortgage credit, renovation work, a price map described as a residential real estate database for Mexico, and a property valuation tool.

The platform also serves real estate advisors, offering a shared listing pool ("bolsa inmobiliaria"), the option to earn additional income by selling associated services, and agent-facing tools. Educational and reference content includes a real estate school, a market blog ("El Living") and a resource center with real estate templates and contracts. Customer testimonials on the site reference advisor-assisted purchases of apartments.

Business model

Clau combines a consumer-facing property marketplace with adjacent services — mortgage credit, renovations and valuation — and tools distributed to real estate advisors, who are invited to use Clau's listing pool and to generate income by selling services attached to transactions [0].

▸Full profile — technology, go-to-market, geography

Technology

Web platform providing property search and filtering, listing publication, a residential price map built on a real estate database, and an automated property valuation tool [0].

Go-to-market

Direct consumer acquisition through an SEO-oriented listings site organized by city, neighborhood and property attribute, plus recruitment of real estate advisors onto Clau's platform and tools [0].

Homebuyers and renters in Mexican metropolitan markets, property owners seeking to list, and independent real estate advisors/agencies [0].

Geography

Mexico, with listing coverage concentrated in Mexico City and the State of Mexico, Jalisco (Guadalajara, Zapopan), Nuevo León (Monterrey) and Querétaro [0].

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Founder mafia

3 people who came through Clau went on to found or lead other companies.

Related companies · 5

Companies working in the same space as Clau.

Legal entities · 1

corporate structure
Flat Holdings Limited

In the news

▸Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Clau do?
Mexican real estate platform combining property listings for sale and rent with mortgage, renovation and pricing-data services.
Who founded Clau?
Clau was founded by Bernardo Cordero, Victor Noguera, Paola Frettlohr in 2019.
Who are Clau's investors?
Clau's investors include 500 Global, Amador Holdings, Cota Capital, Expa, Flucas Ventures, Hi Ventures, PICUS CAPITAL, Rebel Fund and 24 more.
Where is Clau headquartered?
Clau is headquartered in Mexico City, MX.