About Clearent
Clearent is a company based in Clayton (United States) founded in 2005 was acquired by Advent International in March 2018. Clearent has raised $33.04 million across 3 funding rounds from investors including FTV Capital and Advent International. The company has 896 employees. Clearent has completed 2 acquisitions, including Coolfront and Service Autopilot. Clearent offers products and services including Payment Processing, Embedded Payments, Merchant Financing, and APIs. Clearent operates in a competitive market with competitors including Square, Flutterwave, Modern Treasury, HighRadius and Network Merchants, among others.
- Headquarter Clayton, United States
- Employees 896
- SectorsFinancial Services
- Website clearent.com
- Social LinkedIn X Facebook YouTube
- Acquired by Advent International (Mar 2018)
- Legal Name Clearent Llc
- Total Equity Funding$33.04M (USD)
in 3 rounds
- Latest Funding Round$25M (USD), Series B
Apr 2015
- InvestorsFTV Capital
& 1 more
- Employee Count896
- Investments & AcquisitionsCoolfront
& 1 more
- Acquired byAdvent International
(Mar 2018)
Products & Services of Clearent
Clearent offers a comprehensive portfolio of products and services, including Payment Processing, Embedded Payments, Merchant Financing, and APIs.
Handles secure transactions for merchants and businesses.
Enables software providers to add payment features.
Offers funding options for small businesses to support growth.
Provides tools for transaction and reporting management.
Funding Insights of Clearent
Clearent has successfully raised a total of $33.04M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in April 2015. 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 $33.04M
- Total Rounds 3
- Last Round Series B — $25M
- First Round $2.54M
(Mar 2009)
- Investors Count 1
All 3 funding rounds of Clearent 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 |
|---|---|---|---|---|---|
| Apr 2015 | $25M | Series B | – | FTV Capital | – |
| Sep 2011 | $5.5M | Series A | – | – | – |
| Mar 2009 | $2.54M | Series A | – | – | – |
2 investors in total: 2 institutional.
Investors in Clearent
Clearent has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include FTV Capital and Advent International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | – | ftvcapital.com | San Francisco, United States | |
Private equity firm focused on multiple sectors | – | adventinternational.com | Sao Paulo, Brazil |
Investor details for Clearent
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Clearent
71 people are tracked at Clearent (17 in leadership, 54 in team); the tracked headcount is 896.
| Name | Role | Group |
|---|---|---|
Chelsea Trout | Chief Revenue Officer, Payments | Leadership |
Gretchen Woods | Sr. Director Operational Excellence | Leadership |
Peter Seidman | Account Executive And Member Of The President’s Club | Leadership |
Pamela Joseph | CEO | Leadership |
Amy Kaschel | VP Sales Northeast | Leadership |
Justin Lachance | CFO | Leadership |
Scott Babb | VP Sales, Southeast | Leadership |
Paula Burch | Vice President Of Operations/customer Support | Leadership |
Terry Nawara | Vice President Business Development | Leadership |
Eta Jean Boling Cpp | Director, Business Development | Leadership |
Steven Rademaker | Director; Customer Care | Leadership |
Brandon Hendrikx | Vice President Of Sales At Clearent | Leadership |
Tanner W. | Regional Sales Director | Leadership |
Chad Steinmetz | Regional Sales Director, Presidents Club, Top Region | Leadership |
Mollye Dahlstrom | Regional Sales Director - TX | Leadership |
Brian Ketchum | Regional Sales Director | Leadership |
Claudia Tumulty | Vp, Payments Marketing | Leadership |
Candice Fielding | Account Executive | Team |
Mitchell Wilkins | Customer Support | Team |
Kevin Edwards | Gateway Support Specialist At Clearent LLC | Team |
51 more people are available in the full profile.
Complete people profiles for Clearent
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Clearent
Clearent has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Coolfront and Service Autopilot.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Workforce management software is offered for field service SMBs. | serviceautopilot.com | Richardson, United States | 2004 | Aug 2019 | •••• | |
Field service management mobile application | coolfront.com | New York, United States | 1999 | Feb 2019 | •••• |
Complete acquisition details for Clearent
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- Acquired stakes
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- Complete history
- Exports
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Timeline of Clearent
6 dated milestones of Clearent across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Clearent is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Series B, of $25.0M.
- Exit Acquired by Advent International.
- Acquisition Acquires Coolfront.
- Acquisition Acquires Service Autopilot.
Competitors of Clearent
Clearent 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 Square, Flutterwave, Modern Treasury, HighRadius and Network Merchants, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| flutterwave.com | 2016 | San Francisco, United States | $319.41M | – | Provider of payment processing solutions for businesses | |
| moderntreasury.com | 2018 | San Francisco, United States | $183.15M | 77 | Payment processing and treasury management solutions are offered to businesses. | |
| highradius.com | 2006 | Houston, United States | $484M | – | Autonomous finance and payment solutions are provided to businesses. | |
| nmi.com | 2001 | Roselle, United States | $54.18M | 113 | White-label payment gateways are built for global e-commerce transactions. | |
| nuvei.com | 2003 | Montreal, Canada | $321.71M | – | Payment processing solutions are delivered to merchants and businesses. | |
| wexinc.com | 1983 | Portland, United States | – | 6,123 | Employee benefit administration and payment solutions are provided for enterprises. | |
| comdata.com | 1969 | Brentwood, United States | – | – | Fleet management and payment processing solutions are provided. | |
| moniepoint.com | 2019 | London, United Kingdom | $255.5M | – | Integrated financial services are provided for businesses and individuals. |
Detailed competitors of Clearent
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Clearent
The website of Clearent (clearent.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▲ 10.1% vs previous month
Websites whose visitors overlap most with Clearent. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| authorize.net | 100% | 2.8M | #17,289 | View details | |
sagepayments.com | sagepayments.com | 84% | – | – | – |
| elavon.com | 83% | 1.7M | #25,351 | View details | |
| cardfellow.com | 81% | – | #1,651,940 | View details | |
| paya.com | 79% | 28.2K | #952,275 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 28 similar websites and full traffic analytics for Clearent
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 28 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Clearent
Complete news archive for Clearent
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Clearent
10 companies that operate in the same segment as Clearent (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Clearent
Clearent was founded in 2005 and raised its 1st funding round 4 years after it was founded.
Clearent is headquartered in Clayton, United States. It is registered at Clayton, Missouri, United States.
Clearent is a funded company, having raised a total of $33.04M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.54M, raised on Mar 2009.
Clearent has 896 employees.
Founded in 2005, Clearent is based in Clayton, United States, within the financial technology sector. Credit, debit, and gift card processing services are offered to businesses, alongside terminal and POS equipment with supporting software. Virtual terminals and payment gateways are utilized for secure transactions, complemented by online reporting tools for business data. Multi-channel acceptance is enabled, covering mobile, e-commerce, retail, and recurring billing operations.
Clearent's top competitors include Flutterwave, Square and Modern Treasury.
Clearent offers Payment Processing, Embedded Payments, Merchant Financing, and APIs.
Clearent has made 2 acquisitions, including Coolfront, and Service Autopilot.
Clearent has 2 investors. Key investors include FTV Capital, and Advent International.
Clearent operates through Clearent Llc.
Yes. Clearent was acquired by Advent International in March 2018.