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Founded Year

2015

Stage

Series D | Alive

Total Raised

$1.158B

Last Raised

$60M | 2 mos ago

Revenue

$0000 

About Clearco

Clearco e-commerce investor providing equity-free capital solutions to e-commerce businesses. It provides growth capital to web-enabled firms using business data instead of a personal credit score. It was formerly known as Clearbanc. The company was founded in 2015 and is based in Toronto, Canada.

Headquarters Location

1200-33 Yonge Street

Toronto, Ontario, M5E 1G4,

Canada

415-610-5166

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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.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Financial Services / Digital Lending Tech

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 Liberis, Arc Technologies, and Capchase.

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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.

U

Unicorns- Billion Dollar Startups

1,214 items

D

Digital Lending

2,171 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.

S

SMB Fintech

1,586 items

F

Fintech

12,502 items

Excludes US-based companies

F

Fintech 100

500 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

C

Canadian fintech

345 items

Latest Clearco News

Weekly Funding Highlights – 11 October 2023

Oct 11, 2023

Weekly Funding Highlights – 11 October 2023 New week – new closed funding rounds. This week’s funding highlights cover start-ups, fintechs, cybersecurity tech, RegTechs, and many more! Take a look at some major investments of this week. Investree to launch Qatar lendtech hub following $231m (€218m) Series D B2B lending platform Investree, based in Jakarta, Indonesia, has raised $231 million in a Series D funding round led by Qatar’s JTA International Holding. The round also saw participation from existing Japan-based investor SBI Holdings, and succeeds the platform’s $23.5 million Series C of March 2020, which was led by MUFG Innovation Partners and Bank Rakyat Indonesia Ventures. As part of the round, Investree will establish a joint venture in the Qatari capital Doha with its lead investor, forming JTA Investree Doha Consultancy. Read more Clearco completes recapitalisation, secures $60m (€58.5m) Series D funding and $100m financing facility Canadian growth capital firm Clearco has raised $60 million in a Series D funding round and secured a $100 million financing facility as part of its financial recapitalisation strategy. The Series D round was led by the firm’s existing investors Inovia Capital and Founders Circle Capital, while the new asset-backed facility is being provided by Pollen Street Capital. The fundraise and facility are set to benefit Clearco’s revenue-based financing solution, Invoice Funding, which underwrites business loans using the firm’s AI and proprietary machine learning-based technology. The firm claims to have funded over 10,000 e-commerce businesses to date and advanced over $2.5 billion. Read more India’s InsuranceDekho raises another $60m (€58.5m) InsuranceDekho, the insurer that was incubated within the automobile marketplace group CarDekho, has raised $60 million in a new funding round as the startup looks to supercharge its growth. Mitsubishi UFJ Financial Group, insurer BNP Paribas Cardif, Beams Fintech Fund and Yogesh Mahansaria Family Office financed InsuranceDekho’s Series B funding, valuing the Indian startup at over $600 million. Read more Untangled Finance secures $13.5m (€12.7m) in equity funding from Fasanara Capital London-based fintech Untangled Finance has raised a $13.5m equity funding round, with Fasanara Capital leading the round. Untangled is working to bring institutional-grade private credit, like invoices and SME loans, onto the blockchain. By moving these assets on-chain via structured credit pools, they can then issue collateralised debt notes for investors to trade. Fasanara is one of the largest investors in alternative credit, with over $4bn in assets under management and debt investments in everything from receivables financing to real estate. Read more London-based Kennek secures €11.8M to fuel growth in alternative lending sector London-based Kennek, a fintech that specialises in developing an operating system for lenders, announced on Tuesday that it has secured $12.5M (€11.8M) in a seed round of funding led by HV Capital. Dutch Founders Fund, ff Venture Capital, and Plug & Play Ventures also joined the round after participating in the startup’s pre-seed funding round last February. The pre-seed round managed to raise €4.1M. The seed round was oversubscribed and closed after 10 weeks of opening. Dutch Founders Fund doubled its investment in the latest fundraising. Read more France-based Orus raises €11M to provide tailored insurance coverage to European SMBs Paris-based Orus, a company on a mission to reinvent professional insurance for small entrepreneurs and self-employed people, announced on Tuesday that it has secured €11M in a Series A round of funding. The development comes one year after the French company announced its first funding round and launched its first insurance product. The investment was led by European funds Notion Capital and VR Ventures/Redstone, with participation from previous investors Frst, Partech, and Portage. Read more Wealth management platform Vyzer secures $6.3m (€5.9m) in funding Vyzer, a digital wealth management fintech, announced it raised a seed round of $6.3m with investment from VCs, angel investors, and family offices including iAngels, Guy Gamzu, MonetaVC, Jonathan Kolber, and Rafi Gidron. “This investment marks a significant milestone for Vyzer, enabling us to enhance our platform and expand our reach,” said Vyzer co-Founder and chief executive Litan Yahav. “Vyzer is making billionaire wealth management back-office capabilities accessible to everyday investors.” Read more – Do you have any news to share: please put  feed@hollandfintech.com  on your press list. Curious to read and find out more from fintech? Then subscribe & read our full newsletters  here. In order to see our other weekly highlights, check out the following links:  analysis & opinion ,  research . Share this Article

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 1200-33 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, Silicon Valley Bank, Bow Ventures and 22 more.

  • Who are Clearco's competitors?

    Competitors of Clearco include Liberis, Levenue, Uncapped, Ampla, Wayflyer and 7 more.

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Compare Clearco to Competitors

Pipe Logo
Pipe

Pipe provides a financial technology platform. It turns monthly recurring revenue (MRR) into annual recurring revenue (ARR) and provides an alternative financing option for startups with constant revenue. It primarily serves the financial technology sector. Pipe was formerly known as Third Base Pipe. The company was founded in 2019 and is based in Miami, Florida.

Wayflyer Logo
Wayflyer

Wayflyer provides a revenue-based financing platform for e-commerce merchants. The company offers an analytics platform to analyze marketing performance on a daily basis and helps e-commerce businesses with insights for their decision-making. It was founded in 2019 and is based in Dublin, Ireland.

Arc Technologies Logo
Arc Technologies

Arc Technologies operates as a digital financial services platform. It allows firms to convert their future revenue into upfront capital, deposit those funds into a digital bank account, and utilize its insights and analytics to spend that capital. It was founded in 2021 and is based in San Francisco, California.

Vitt Logo
Vitt

Vitt is a financial technology company that focuses on investment management. The company offers services that allow customers to invest their idle cash in Money Market Funds. These funds are managed by Goldman Sachs Asset Management and are held with a Financial Conduct Authority-regulated custodian, mitigating counterparty risk. It was founded in 2021 and is based in London, England.

Levenue Logo
Levenue

Levenue is a platform focused on providing financial services in the business sector. The company offers a service that allows businesses with recurring revenue to access funding without dilution of shares. It primarily serves businesses in need of non-dilutive financing to accelerate their growth. It was founded in 2021 and is based in Breda, Netherlands.

Uncapped Logo
Uncapped

Uncapped offers revenue-based financial information. It aims to help founders raise working capital and accelerate online business with no-interest, no-equity flexible loans. The company was founded in 2019 and is based in London, United Kingdom.

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