ClearBalance

San Diego, United States Founded: 1992 • Age: 34 yrs Acquired By Angelo Gordon
Healthcare loans are provided to patients and providers by ClearBalance.
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About ClearBalance

ClearBalance is a company based in San Diego (United States) founded in 1992 was acquired by Angelo Gordon in December 2012.. ClearBalance operates in a competitive market with competitors including Medport, Echelon Financial, Injury Finance, Citerra Finance and BHG Patient Lending, among others.

  • Headquarter San Diego, United States
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $50 M (USD), Debt – Conventional

    Feb 01, 2016

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Angelo Gordon

    (Dec 20, 2012)

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People of ClearBalance
Headcount 50-200
Employee Profiles 24
Employee Profiles
People
Michael Bohaboy
VP, Sales, West Region
People
Craig Webster
COO
People
Bill Beerman
SVP, Customer Success
People
Grant Phillips
CIO

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Funding Insights of ClearBalance

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $50.0M
  • First Round

    (01 Feb 2016)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2016 Amount Debt – Conventional - ClearBalance Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ClearBalance

ClearBalance has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Angelo Gordon. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Company buyouts are targeted by this private equity firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ClearBalance

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ClearBalance

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Clearbalance Comparisons

Employees
+
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Competitors of ClearBalance

ClearBalance 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 Medport, Echelon Financial, Injury Finance, Citerra Finance and BHG Patient Lending, 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
Provider of healthcare financing services
domain founded_year HQ Location
Healthcare financing services are provided to medical providers.
domain founded_year HQ Location
Offers financial aid for injury cases to clients, providers, and attorneys.
domain founded_year HQ Location
Offers loans for elective medical procedures including surgery and travel costs.
domain founded_year HQ Location
Delivers comprehensive healthcare loan solutions for patients.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Clearbalance

Frequently Asked Questions about ClearBalance

When was ClearBalance founded?

ClearBalance was founded in 1992 and raised its 1st funding round 24 years after it was founded.

Where is ClearBalance located?

ClearBalance is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

What does ClearBalance do?

ClearBalance was established in 1992 in San Diego, United States, as a provider in the healthcare finance sector. Loans and financing options for medical expenses are offered to patients and healthcare providers. Operations center on facilitating access to funds for treatments and services, with a focus on the U.S. market. The companys domain, clearbalance.org, supports these activities in the healthcare lending space.

Who are the top competitors of ClearBalance?

ClearBalance's top competitors include Echelon Financial, Medport and Injury Finance.

Who are ClearBalance's investors?

ClearBalance has 1 investor. Key investors include Angelo Gordon.

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