Clearco
Founded Year
2015Stage
Series D | AliveTotal Raised
$1.158BLast Raised
$60M | 1 yr agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+57 points in the past 30 days
About Clearco
Clearco specializes in providing working capital to the e-commerce sector and focuses on funding invoices and receipts for businesses. The company offers a rapid funding process that allows e-commerce businesses to receive capital in as little as 24 hours without the need for collateral, personal guarantees, or equity dilution. Clearco's services are designed to help e-commerce businesses manage cash flow and invest in growth by funding operational expenses such as inventory, marketing, and logistics. Clearco was formerly known as Clearbanc. It was founded in 2015 and is based in Toronto, Canada.
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ESPs containing Clearco
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The revenue-based financing platforms market offers an innovative approach to funding for businesses seeking capital without traditional equity or debt financing and instead exchange a percentage of their future revenues. This arrangement enables entrepreneurs to access growth capital without diluting ownership or incurring fixed interest payments. These platforms use advanced algorithms and data …
Clearco named as Leader among 15 other companies, including Capchase, Pipe, and Liberis.
Clearco's Products & Differentiators
Invoice Funding
Invoice Funding is a non-dilutive financial solution designed to provide ecommerce businesses with working capital by advancing funds against their outstanding invoices. This allows businesses to maintain cash flow and continue operations without waiting for customers to pay their invoices.
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Research containing Clearco
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Clearco in 5 CB Insights research briefs, most recently on May 31, 2022.
Mar 30, 2022
140+ startups shaping the digital lending space
Expert Collections containing Clearco
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Clearco is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,257 items
Digital Lending
2,334 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
SMB Fintech
1,586 items
Fintech
13,559 items
Excludes US-based companies
Fintech 100
500 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Canadian fintech
345 items
Latest Clearco News
Jan 2, 2025
Share Article The online boutique is now able to scale advertising due to a unique data-driven angel investing program Sensual Fashion Boutique shirt TORONTO (PRWEB)October 28, 2021 Clearco , the world’s largest e-commerce investor revolutionizing the way founders grow their businesses, today announced that its industry-leading ClearAngel program is funding Sensual Fashion Boutique , an online fashion boutique selling southern boho-chic clothing items and accessories. ClearAngel gives early-stage companies access to revenue share capital, data-driven advice, and an extensive network of apps, agencies, and investors powered by Clearco. Founded in 2018, Sensual Fashion Boutique sells quality trendy clothes that are shape-flattering and budget-friendly. Owner Tracey Roulhac has been in the retail fashion industry for 18 years and has carefully studied what works and what doesn’t in fashion e-commerce. The boutique has built a solid online business but has been limited in its ability to advertise. With the funding and advice from ClearAngel, the company will be able to test new advertising channels. ClearAngel is among just a few equity-free, flexible capital options for early-stage founders who lack the network to raise an angel round or join exclusive accelerators. Since its February 2021 launch, the program has already funded over 350 companies. “We’re excited to fund Sensual Fashion Boutique in its mission to provide on-trend fashions that are flattering to all sizes and affordable for all,” said Andrew D’Souza, CEO and co-founder, Clearco. “This investment in Sensual Fashion Boutique reflects ClearAngel’s desire to support women-owned businesses and have an impact on the online fashion market.” In addition to $10,000 of flexible capital, Sensual Fashion Boutique will also get access to a network of more than 500 investors, growth teams, agencies, apps, lawyers, and buyers; and data-driven advice designed to help scale and hit new revenue milestones. “We will now be able to grow brand awareness with strategic advertising,” said Tracey Roulhac, owner of Sensual Fashion Boutique. “Access to Clear Angel’s network of advisors will help us make the best decisions to scale.” To learn more about Sensual Fashion Boutique and experience its boho-chic styles for yourself, visit sensualfashionboutique.com . ClearAngel is currently onboarding E-commerce and product companies. The program has limited spots available for SaaS, Apps, marketplace, and stealth companies. To learn more about applying, visit angel.clearbanc.com . About Clearco: Co-founded as Clearbanc in 2015 by Michele Romanow from Canada’s Shark Tank (Dragons’ Den), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearco offers the most founder-friendly capital solutions for e-commerce, mobile apps, and SaaS founders as well as a full suite of products and access to a powerful global network, insights and data, and recommendations. Clearco has invested over $2 Billion in over 4,500 companies to date, including Leesa Sleep, fashion-rental service Le Tote, home goods company Public Goods, shirtmaker UNTUCKit, online speech therapy practice Expressable, and digital real estate marketplace SetSchedule. For more information visit clear.co and @getClearco. Share article on social media or email: View article via:
Clearco Frequently Asked Questions (FAQ)
When was Clearco founded?
Clearco was founded in 2015.
Where is Clearco's headquarters?
Clearco's headquarters is located at 33 Yonge Street, Toronto.
What is Clearco's latest funding round?
Clearco's latest funding round is Series D.
How much did Clearco raise?
Clearco raised a total of $1.158B.
Who are the investors of Clearco?
Investors of Clearco include Inovia Capital, Founders Circle Capital, Pollen Street Capital, SVB Financial Group, Park West Asset Management and 24 more.
Who are Clearco's competitors?
Competitors of Clearco include SellersFi, Brex, AIZEN, Valerian Funds, Stenn and 7 more.
What products does Clearco offer?
Clearco's products include Invoice Funding.
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Compare Clearco to Competitors
Pipe provides financial services and specializes in non-dilutive capital solutions for businesses. It offers a modern capital platform that allows entrepreneurs to access funding based on their revenue with payment terms. It primarily serves the financial needs of small to midsize businesses and entrepreneurs seeking growth without equity dilution. It was formerly known as the Third Base Pipe. The company was founded in 2019 and is based in San Francisco, California.
Wayflyer operates as a financial services company focusing on providing funding solutions for electronic commerce businesses. The company offers financing options, including working capital, inventory funding, and growth capital. It primarily serves the eCommerce sector, supporting brands that sell products through online and retail channels. The company was founded in 2019 and is based in Dublin 2, Ireland.
Arc Technologies specializes in financial technology with a focus on private credit. The company provides an artificial intelligence (AI) platform for private credit, cash management, treasury services, and capital markets solutions. Arc primarily serves startups and businesses that aim to manage finances, generate yield, and secure funding. It was founded in 2021 and is based in San Francisco, California.
Payability is a fintech company that provides financial solutions for eCommerce sellers. The company provides daily payouts and working capital to assist sellers with their cash flow and business operations. Payability serves Amazon, Walmart, and Newegg sellers, allowing them access to their sales revenue without the necessity for credit checks. It was founded in 2014 and is based in New York, New York.
Vitt focuses on investment management. The company offers services that allow customers to invest their idle cash in money market funds. The company's funds are managed by Goldman Sachs Asset Management and are held with a Financial Conduct Authority-regulated custodian, mitigating counterparty risk. It was formerly known as Rail. It was founded in 2021 and is based in London, United Kingdom.
Levenue provides revenue-based financing within the financial services industry, offering capital solutions to businesses with recurring revenue. The company offers funding based on a business's future Annual Recurring Revenue (ARR), which can assist with working capital and growth initiatives without requiring equity dilution. Levenue serves subscription-based and SaaS companies across Europe and provides access to capital through a marketplace platform. It was founded in 2021 and is based in Breda, Netherlands.
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