About ClearFlame
ClearFlame is a company based in Geneva (United States) founded in 2016 by BJ Johnson and Julie Blumreiter.. ClearFlame has raised $72.5 million across 14 funding rounds from investors including Mercuria, John Deere and Rio Tinto. ClearFlame offers products and services including Engine Conversion Technology and Sustainability Solutions. ClearFlame operates in a competitive market with competitors including Zedify, ULEMCo, Tula Technology, BasiGo and Remora, among others.
- Headquarter Geneva, United States
- Founders BJ Johnson, Julie Blumreiter
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Sectors
Transportation, Automotive & LogisticsEnvironment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$72.5 M (USD)
in 14 rounds
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Latest Funding Round
$30 M (USD), Series B
Mar 09, 2023
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Investors
Mercuria
& 13 more
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Employee Count
Employee Count
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Products & Services of ClearFlame
ClearFlame offers a comprehensive portfolio of products and services, including Engine Conversion Technology and Sustainability Solutions. 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.
Converts diesel engines to run on renewable fuels, slashing emissions and costs.
Provides tools for industries to adopt ethanol-based engine operations.
Funding Insights of ClearFlame
ClearFlame has successfully raised a total of $72.5M across 14 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in March 2023. 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 14
- Last Round Series B — $30.0M
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First Round
First Round
(01 Jul 2017)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series B - ClearFlame | Valuation | Mercuria | |
| Nov, 2021 | Amount | Series A - ClearFlame | Valuation | Breakthrough Energy | |
| Oct, 2021 | Amount | Series A - ClearFlame | Valuation |
investors |
| 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 |
Investors in ClearFlame
ClearFlame has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Mercuria, John Deere and Rio Tinto. 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 fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Climate solutions are advanced via venture capital and startup acceleration.
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Founded Year | Domain | Location | |
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Venture capital is invested in climate tech startups and entrepreneurs.
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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 ClearFlame
| 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 - ClearFlame
| 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 |
Clearflame Comparisons
Competitors of ClearFlame
ClearFlame 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 Zedify, ULEMCo, Tula Technology, BasiGo and Remora, 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 |
Zero-emission last mile delivery solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Low-emission hydrogen-fueled vehicles are manufactured by converting diesel commercial trucks.
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| domain | founded_year | HQ Location |
Software solutions for fuel saving in engines are developed.
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| domain | founded_year | HQ Location |
Public transport services are provided in Nairobi, Kenya.
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| domain | founded_year | HQ Location |
Carbon capture solutions are provided for vehicles by Remora.
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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 Clearflame
Frequently Asked Questions about ClearFlame
When was ClearFlame founded?
ClearFlame was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is ClearFlame located?
ClearFlame is headquartered in Geneva, United States.
Who is the current CEO of ClearFlame?
BJ Johnson is the current CEO of ClearFlame. They have also founded this company.
Is ClearFlame a funded company?
ClearFlame is a funded company, having raised a total of $72.5M across 14 funding rounds to date. The company's 1st funding round was a Series A of $17M, raised on Jul 01, 2017.
What does ClearFlame do?
ClearFlame was founded in 2016 and is headquartered in Geneva, United States. Focus is placed on delivering carbon reduction solutions to industrial sectors, including energy and manufacturing. Operations involve the development of technologies that lower emissions without disrupting production processes. Services encompass consulting and implementation support for sustainability transitions. Leadership is provided by co-founders BJ Johnson as CEO and Julie Blumreiter, ensuring strategic direction in environmental innovation.
Who are the top competitors of ClearFlame?
What products or services does ClearFlame offer?
ClearFlame offers Engine Conversion Technology and Sustainability Solutions.
Who are ClearFlame's investors?
ClearFlame has 14 investors. Key investors include Mercuria, John Deere, Rio Tinto, WIND Ventures, and Breakthrough Energy.
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