About Clearance.co
Clearance.co is a company based in Pretoria (South Africa) founded in 2010 was acquired by Development Capital Group in April 2014.. Clearance.co operates in a competitive market with competitors including Amazon, Takealot, Rentoza, Bob Shop and Wellness Warehouse, among others.
- Headquarter Pretoria, South Africa
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Sectors
Retail
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Development Capital Group
(Apr 04, 2014)
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Funding Insights of Clearance.co
| 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 Clearance.co
Clearance.co has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Development Capital Group. 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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Limited information available
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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 Clearance.co
| 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 - Clearance.co
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Clearance.Co Comparisons
Competitors of Clearance.co
Clearance.co 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 Amazon, Takealot, Rentoza, Bob Shop and Wellness Warehouse, 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 |
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Multi-category products are sold via an online marketplace platform.
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| domain | founded_year | HQ Location |
Multi-category consumer products are rented via an online platform.
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| domain | founded_year | HQ Location |
An online shopping platform featuring a wide range of products for consumers.
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| domain | founded_year | HQ Location |
Multi-category wellness products are sold via an online platform.
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| domain | founded_year | HQ Location |
Operates an online retail platform with products across various categories.
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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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Frequently Asked Questions about Clearance.co
When was Clearance.co founded?
Clearance.co was founded in 2010.
Where is Clearance.co located?
Clearance.co is headquartered in Pretoria, South Africa. It is registered at Pretoria, Gauteng, South Africa.
What does Clearance.co do?
Clearance.co was established in 2010 in Pretoria, South Africa, as an e-commerce platform in the retail sector. A wide range of consumer goods is offered through the online store, encompassing fashion, beauty, electronics, home essentials, stationery, groceries, pet supplies, and additional categories. Operations focus on direct-to-consumer sales via the domain clearance.co, serving customers primarily in the South African market.
Who are the top competitors of Clearance.co?
Clearance.co's top competitors include Amazon, Takealot and Wellness Warehouse.
Who are Clearance.co's investors?
Clearance.co has 1 investor. Key investors include Development Capital Group.