About Clearco
Clearco is a Financial Services company based in Toronto (Canada) founded in 2015 by Andrew DSouza. Revenue-based financing is offered to eCommerce and SaaS businesses. Clearco has raised $775 million across 11 funding rounds from investors including Intuit, SoftBank and FJ Labs. The company has 146 employees. Clearco was last valued at $2 billion in July 2021. Its chief executive, as recorded, is Andrew DSouza. Its website clear.co draws about 70 thousand monthly visits. Clearco offers products and services including Invoice Funding, Receipt Funding, Marketing Bill Funding, and Shipping and Logistics Funding. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its legal entity is CLEAR FINANCE TECHNOLOGY CORP.
Company details
Clearco was founded in 2015 in Toronto, Canada, as a provider of revenue-based financing. Loans are extended to businesses in sectors such as eCommerce and SaaS, with repayment structured as a percentage of generated revenue. Operations focus on supporting growth for digital and online enterprises through non-dilutive funding options. The model is applied across various business types to facilitate capital access without equity surrender.
- Headquarters Toronto, Canada
- Employees 146
- Founders Andrew DSouza
- Stage Unicorn
- SectorsFinancial Services
- Website category Computers Electronics and Technology · Search Engines
- Email••••••••
- Phone•••• ••••
- Website clear.co
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Clear Finance Technology Corp.
- Total Equity Funding$775M (USD)
in 11 rounds
- Latest Funding Round$100M (USD), Debt – Conventional
Aug 2026
- InvestorsIntuit
& 30 more
- Employee Count146
Products & Services of Clearco
Clearco offers a comprehensive portfolio of products and services, including Invoice Funding, Receipt Funding, Marketing Bill Funding, and Shipping and Logistics Funding.
Funds ecommerce invoices for timely supplier payments.
Reimburses receipts for marketing and operational expenses.
Supports funding for advertising campaigns to drive growth.
Covers costs for smooth product delivery operations.
Funding Insights of Clearco
Clearco has successfully raised a total of $775M across 11 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $100 million completed in August 2026. 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 $775M
- Total Rounds 11
- Last Round Debt – Conventional — $100M
- First Round $70M
(Nov 2018)
- Investors Count 31
Latest 10 of 11 funding rounds of Clearco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | $100M | Debt – Conventional | – | – | |
| Oct 2023 | $60M | Series D | – | Inovia Capital, Founders Circle Capital | |
| Oct 2022 | $230M | Series C | – | SoftBank | – |
| Jul 2021 | Debt – Conventional | – | – | ||
| Jul 2021 | $215M | Series C | – | SoftBank Vision Fund | |
| Apr 2021 | $100M | Series C | – | Oak HC/FT | – |
| Aug 2019 | $250M | Debt – Conventional | – | – | |
| Aug 2019 | $300M | Series B | – | Highland Capital Partners | |
| Jul 2019 | $50M | Series B | – | – | |
| Dec 2018 | $50M | Series B | – | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Clearco
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $2B (Jul 2021). 31 investors in total: 30 institutional and 1 angel.
Investors in Clearco
Clearco has secured backing from 31 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Intuit, SoftBank and FJ Labs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage technology companies by Inovia Capital. | inovia.vc | Montreal, Canada | ||
Investment management firm focusing on venture capital and direct secondary transactions | founderscircle.com | Campbell, United States | ||
Multiple sectors are invested in by the private equity firm. | 1996 | kcpl.ca | Toronto, Canada | |
Venture capital investments in technology and startups. | 2016 | visionfund.com | London, United Kingdom | |
Venture capital firm linking startups to University of California networks. | 2020 | bowcapital.com | Menlo Park, United States | |
Asset management services are provided in Larkspur, United States. | parkwestllc.com | Larkspur, United States | ||
Investments are made in early-stage healthtech and fintech startups. | oakhcft.com | Stamford, United States | ||
Venture capital investment and entrepreneur support services. | hcp.com | |||
Tech focused Early and growth stage VC firm investing in the US | emcap.com | San Francisco, United States | ||
Loans and credit solutions are provided by Arcadia Funds. | arcadiafunds.com | Burlington, United States |
Investor details for Clearco
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Clearco
57 people are tracked at Clearco (13 in leadership, 4 in board & advisors, 40 in team); the tracked headcount is 146.
| Name | Role | Group |
|---|---|---|
Andrew DSouza | Co-Founder & CEO | Leadership |
Joe Mimran | Venture Partner | Leadership |
Nathan Devey | Director Of Engineering | Leadership |
Olivier Grinda | COO | Leadership |
Nader Dabbo | Chief Legal Officer | Leadership |
Amanda Mitchell | Director, People | Leadership |
Blake Connoy | VP, Operations | Leadership |
Jim Chapman | Director Of Engineering, Infrastructure & Operations | Leadership |
Andrew Curtis | CEO | Leadership |
Mark Steinman | Chief Revenue Officer | Leadership |
Alexander Lawson | Vice President Of Risk, Credit, And Data | Leadership |
Mathew Rynard | VP Of Engineering | Leadership |
Gabriella Teixeira | Account Director | Providing Non-dilutive Growth Capital | Leadership |
Karamdeep Nijjar | Director | Board & advisors |
Dan Nova | Director | Board & advisors |
Michael Jung | Director | Board & advisors |
Michele Romanow | Executive Chairman & co-Founder | Board & advisors |
Katy Hoszka | Unknown Role | Team |
Samuel Shoop Mst | Senior Manager Business Operations | Team |
Babajide Fasina | Senior Financial Analyst-risk Management. | Team |
37 more people are available in the full profile.
Complete people profiles for Clearco
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Clearco
4 dated milestones of Clearco across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Clearco is founded.
- Funding First funding round of $70.0M.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Debt – Conventional, of $100.0M.
Web traffic of Clearco
The website of Clearco (clear.co) receives about 69.7K visits a month and ranks #546,140 among all websites worldwide, #3,475 in Search Engines.
- Monthly visits69.7K
▼ 2.1% vs previous month
- Unique visitors39.3K
per month
- Global rank#546,140
among all websites
- Category rank#3,475
Computers Electronics and Technology · Search Engines
- Bounce rate49%
- Pages per visit1.6
- Average visit23 sec
- DevicesDesktop 20% · Mobile 80%
Websites whose visitors overlap most with Clearco. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
| linkedin.com | 44% | 1.9B | #18 | View details | |
| boardy.ai | 38% | 106.8K | #376,494 | View details | |
| bitbag.io | 38% | 15.9K | #1,604,643 | View details | |
jake-jorgovan.com | jake-jorgovan.com | 38% | #1,950,550 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Clearco
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- 7 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
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Related news about Clearco
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Frequently Asked Questions about Clearco
Clearco was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Clearco is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Andrew DSouza is the CEO of Clearco, as recorded in our data. They have also founded this company.
Clearco is a funded company, having raised a total of $775M across 11 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on Nov 2018.
Clearco has 146 employees.
Clearco was founded in 2015 in Toronto, Canada, as a provider of revenue-based financing. Loans are extended to businesses in sectors such as eCommerce and SaaS, with repayment structured as a percentage of generated revenue. Operations focus on supporting growth for digital and online enterprises through non-dilutive funding options. The model is applied across various business types to facilitate capital access without equity surrender.
Clearco offers Invoice Funding, Receipt Funding, Marketing Bill Funding, and Shipping and Logistics Funding.
Clearco has 31 investors. Key investors include Intuit, SoftBank, FJ Labs, Kensington Capital Partners, and SoftBank Vision Fund.
The valuation of Clearco is $2B as of Jul 2021.
Clearco operates through Clear Finance Technology Corp..