CLEARCO
Clearco is a suite of performance financing products and services tailor-made for founders in all stages of their journey. A pay-as-you-grow pioneer and e-commerce investor, Clearco's mission is to remove the barriers between brilliant ideas, and brilliant businesses. Clearco, formerly known as Clearbanc was founded in 2015 by Andrew D’Souza and Michele Romanow and is headquartered in Toronto, Ontario, Canada.
CLEARCO
Industry:
E-Commerce Financial Services FinTech Internet Venture Capital
Founded:
2015-10-01
Status:
Active
Contact:
+1 (415) 610-5166
Email Addresses:
[email protected]
Total Funding:
681.54 M USD
Technology used in webpage:
SPF WordPress Wordpress Plugins Nginx Sitelinks Search Box Organization Schema IPv6 Yoast WordPress SEO Plugin Google Apps For Business JsDelivr
Current Advisors List
Current Employees Featured
Founder
Investors List
Intuit
Intuit investment in Series C - Clearco
SoftBank Vision Fund
SoftBank Vision Fund investment in Series C - Clearco
Moving Capital
Moving Capital investment in Series C - Clearco
Brookfield Growth
Brookfield Growth investment in Series C - Clearco
Bow Capital
Bow Capital investment in Series C - Clearco
Park West Asset Management
Park West Asset Management investment in Series C - Clearco
Highland Capital Partners
Highland Capital Partners investment in Series C - Clearco
Bossanova Investimentos
Bossanova Investimentos investment in Series C - Clearco
Holland George Capital Management
Holland George Capital Management investment in Series C - Clearco
Emergence
Emergence investment in Series C - Clearco
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2022-01-01 | Newchip | Clearco investment in Series B - Newchip | 100 M USD |
| 2021-11-11 | The Naked Market | Clearco investment in Series A - The Naked Market | 27.5 M USD |
| 2021-08-11 | Cart.com | Clearco investment in Series B - Cart.com | 98 M USD |
| 2021-07-12 | Moksha | Clearco investment in Seed Round - Moksha | N/A |
| 2020-01-26 | SetSchedule | Clearco investment in Debt Financing - SetSchedule | 4 M USD |
| 2019-10-24 | Hedgehog Umbrellas | Clearco investment in Seed Round - Hedgehog Umbrellas | N/A |
| 2019-08-02 | Lilia | Clearco investment in Pre Seed Round - Lilia | 800 K USD |
Newest Events participated
Key Employee Changes
| Date | New article |
|---|---|
| 2021-06-17 | Clearco Accelerates International Expansion and Announces Key Hire of Ruma Bose as Chief Growth Officer |
More informations about "Clearco"
Clearco - Wikipedia
Clearco is a lending firm led by Andrew Curtis that specializes in non-dilutive revenue-share agreements with start-ups. Clearbanc claims to make equity-free investments in businesses within 48 hours based on information provided on the two metrics ad spend and unit economics and calls this ‘The 20-Min Term Sheet’. It is a Canadian business founded in 2015, and headquartered in Toronto. It partly uses Artificial IntelligenceSee details»
Clearco | Ecommerce Funding For Invoices and Receipts
Almost a decade ago, Clearco was founded to make it easier for entrepreneurs to grow their business without giving up equity or pledging collateral. What began as the “20 Minute Term Sheet” has evolved into something much more …See details»
Clearco Announces Recapitalization, Raises $60M Series D
Oct 4, 2023 Clearco makes it easier for entrepreneurs to grow their business without equity dilution, hidden fees, or compounding cost of capital. ... Organization Profile. Clearco. Contact …See details»
Clearco - Crunchbase Investor Profile & Investments
Clearco is an online financial platform that provides growth capital to e-commerce and B2B companies. It utilizes proprietary software and data science models to identify high-growth funding opportunities and also offers funding in exchange …See details»
About our financial technology company - Clearco
Clearco has been on a funding journey. Clearco started as a way to fund founders who find it a challenge to secure typical financing options for their business. By funding invoices, …See details»
Clearco 2.0 is Open for Business
Oct 4, 2023 Almost a decade ago, Clearco was founded to make it easier for entrepreneurs to grow their business without giving up equity or pledging collateral. The rise of DTC, the advent of consumer-friendly digital ad …See details»
Dragon's Den star Michele Romanow steps down as …
Jan 16, 2023 Clearco, which was founded in 2015 by Romanow, D'Souza, Charlie Feng and Ivan Gritsiniak, began a layoff Monday, with 25 per cent of staff cut, said Rosen-Wachs. Shopify laying off 10% of staff as ...See details»
Clearbanc Rebrands to Clearco, Announces US$100M Series C
Apr 20, 2021 Clearco supported founders right from the start of the pandemic and looks forward to accelerating this support," said D'Souza. ... Organization Profile. Clearco. Contact Cision. …See details»
Clearbanc to rebrand as Clearco in wake of $100 …
Apr 20, 2021 Romanow highlighted the figures: 70 per cent of Clearco’s U.K. founders are outside London, while 13 per cent of their portfolio of startups are helmed by founders who are Black and Latinx (an inclusive term for people …See details»
Michele Romanow’s Clearco lays off a quarter of staff …
Jul 29, 2022 Clearco started out in 2015 trying to build a banking alternative for digital entrepreneurs. It provides $10,000 to $20-million in advances to e-commerce companies mainly to pay for marketing on ...See details»
Clearco - Funding, Financials, Valuation & Investors - Crunchbase
Clearco is funded by 33 investors. Founders Circle Capital and Pollen Street Capital are the most recent investors. Clearco has raised a total of $310M across 4 funds, their latest being …See details»
Michele Romanow on Clearco and the market for Canadian tech …
Aug 3, 2021 Michele Romanow was a university student when she got her first smartphone, a BlackBerry. A little over a decade later, she’s the brains behind the $2 billion Canadian …See details»
Clearco cuts 25% of staff, considers ‘strategic options’ for ...
Jul 29, 2022 Clearco, a Toronto-based fintech capital provider for online companies, tells TechCrunch that it has laid off 125 people, or 25% of its entire staff.Those impacted will …See details»
Fintech startup Clearco raises $215 mln in SoftBank-led funding
Jul 8, 2021 Clearco, a fintech company that offers capital to startups, said on Thursday it raised $215 million in an equity funding round led by SoftBank Group Corp's (9984.T) Vision Fund 2 …See details»
Michele Romanow: The fintech founder and Dragon on what’s next ...
Dec 11, 2022 Clearco has done a 180-degree-turn on international investments, laid off personnel, and adjusted profitability formulas to reflect changes in input costs, interest rates …See details»
Clearco Raises $215M USD in New Round of Funding Led by …
Jul 8, 2021 About Clearco Co-founded as Clearbanc in 2015, Clearco offers the most founder-friendly capital solutions for e-commerce, mobile apps, and SaaS founders as well as a full …See details»
Michele Romanow’s Clearco lands over $100 million for turnaround
Oct 4, 2023 The company, which does business as Clearco, said it secured the ability to raise as much as US$100 million through an asset-backed debt facility with Pollen Street Capital, …See details»
Clearco gets the SoftBank stamp of approval in new $215M round
Jul 8, 2021 Toronto-based Clearco, a fintech capital provider for online companies, has raised $215 million in a round led by SoftBank Vision Fund II.The financing event closed just weeks …See details»
Clearco cuts 25% of staff, considers ‘strategic options’ for ...
Jul 29, 2022 Clearco, a Toronto-based fintech capital provider for online companies, tells TechCrunch that it has laid off 125 people, or 25% of its entire staff. Now, as consumers pull …See details»
Clearco co-founder Michele Romanow steps down, cuts 30% of staff
Jan 17, 2023 Clearco has undergone numerous rounds of layoffs over the pandemic, including a cut that impacted 25% of staff. Additionally, in 2022, Toronto-based fintech saw its other co …See details»