About Clair
Clair is a company based in New York (United States) founded in 2019 by Erich Nussbaumer, Alex Kostecki, and Nico Simko. It operates as a FinTech, and Revenue Share. Clair has raised $67.7 million across 4 funding rounds from investors including Upfront Ventures, Thrive Capital and Kairos HQ. Clair offers products and services including On-Demand Pay, Clair for Payroll, and Clair for Workforce Management. Clair operates in a competitive market with competitors including Wagestream, Payflow, DailyPay, Earnin and Branch, among others.
- Headquarter New York, United States
- Founders Erich Nussbaumer, Alex Kostecki, Nico Simko
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Sectors
Financial ServicesTechnology Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Maverick Payments, Inc. D/B/A Clair
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$67.7 M (USD)
in 4 rounds
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Latest Funding Round
$23.2 M (USD), Series B
May 21, 2025
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Investors
Upfront Ventures
& 6 more
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Employee Count
Employee Count
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Products & Services of Clair
Clair offers a comprehensive portfolio of products and services, including On-Demand Pay, Clair for Payroll, and Clair for Workforce Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Embedded wage access is provided for employee financial freedom.
Built-in wage access is offered with automatic payroll repayment.
Seamless pay access is enabled based on hours worked.
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Funding Insights of Clair
Clair has successfully raised a total of $67.7M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $23.2 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $23.2M
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First Round
First Round
(09 Oct 2020)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series B - Clair | Valuation | Upfront Ventures | |
| Jul, 2023 | Amount | Series B - Clair | Valuation | Thrive Capital | |
| Jun, 2021 | Amount | Series A - Clair | Valuation | Thrive Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Clair
Clair has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Upfront Ventures, Thrive Capital and Kairos HQ. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital funding is provided to early-stage companies.
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Founded Year | Domain | Location | |
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Early-stage technology startups are invested in by Thrive Capital.
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Founded Year | Domain | Location | |
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Healthcare funding solutions are provided by Kairos for industry needs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Clair
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Clair
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Clair Comparisons
Competitors of Clair
Clair operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wagestream, Payflow, DailyPay, Earnin and Branch, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial benefits platform for on-demand pay is provided to employees.
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| domain | founded_year | HQ Location |
Payflow is recognized as a financial wellness application for employees.
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| domain | founded_year | HQ Location |
Developer of an online platform for employee financial benefits
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| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| domain | founded_year | HQ Location |
Branch is focused on providing faster workforce payment solutions.
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| domain | founded_year | HQ Location |
Employee health benefits are managed via an HR broker platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Clair
Frequently Asked Questions about Clair
When was Clair founded?
Clair was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Clair located?
Clair is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Clair?
Nico Simko is the current CEO of Clair. They have also founded this company.
Is Clair a funded company?
Clair is a funded company, having raised a total of $67.7M across 4 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Oct 09, 2020.
What does Clair do?
Earned Wage Access solutions are embedded into HR, payroll, and workforce management platforms by Clair. Financial freedom for employees is facilitated through seamless integration within existing apps. Retention and engagement are boosted with no setup required for employers. Sectors such as payroll and workforce management are served with customizable, brand-aligned solutions. Compliance with regulatory requirements is ensured through partnerships with Pathward, N.A. Revenue streams are created for partners while improving employee financial wellbeing.
Who are the top competitors of Clair?
Clair's top competitors include Wagestream, Payflow and DailyPay.
What products or services does Clair offer?
Clair offers On-Demand Pay, Clair for Payroll, and Clair for Workforce Management.
Who are Clair's investors?
Clair has 7 investors. Key investors include Upfront Ventures, Thrive Capital, Kairos HQ, Founder Collective, and Walkabout Ventures.
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