ClearOne Advantage

Baltimore, United States Founded: 2008 • Age: 18 yrs
Provider of debt settlement and consolidation services

About ClearOne Advantage

ClearOne Advantage is a company based in Baltimore (United States) founded in 2008.. ClearOne Advantage has raised $1.5 million across 6 funding rounds from investors including Comvest Partners and Persimmon Capital Partners. ClearOne Advantage offers products and services including Debt Settlement and Debt Consolidation.

  • Headquarter Baltimore, United States
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Clearone Advantage, Llc
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.5 M (USD)

    in 6 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of ClearOne Advantage

ClearOne Advantage offers a comprehensive portfolio of products and services, including Debt Settlement and Debt Consolidation. 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.

Primary

Debt settlement services are provided to negotiate and reduce unsecured debts through structured programs.

Debt consolidation options are offered to combine multiple debts into a single payment plan for easier management.

People of ClearOne Advantage
Headcount 50-200
Employee Profiles 49
Employee Profiles
People
Eric Link
Senior Marketing Analyst
People
Laxman Pichappan
Chief Financial Officer
People
Erica Moore
Sr. Creditor Relations Manager
People
Nadine M.
Account Executive

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Funding Insights of ClearOne Advantage

ClearOne Advantage has successfully raised a total of $1.5M across 6 strategic funding rounds. 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 Rounds 6
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Private Equity Round - ClearOne Advantage Valuation Comvest Partners
Sep, 2023 Amount Series A - ClearOne Advantage Valuation Comvest Partners
Jun, 2018 Amount Debt – Conventional - ClearOne Advantage 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 ClearOne Advantage

ClearOne Advantage has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Comvest Partners and Persimmon Capital Partners. 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
Private equity and credit investment services for North American middle-market companies.
Founded Year Domain Location
-
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 ClearOne Advantage

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 - ClearOne Advantage

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

Clearone Advantage Comparisons

Employees
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Competitors of ClearOne Advantage

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 Clearone Advantage

Frequently Asked Questions about ClearOne Advantage

When was ClearOne Advantage founded?

ClearOne Advantage was founded in 2008 and raised its 1st funding round 5 years after it was founded.

Where is ClearOne Advantage located?

ClearOne Advantage is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.

Is ClearOne Advantage a funded company?

ClearOne Advantage is a funded company, having raised a total of $1.5M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $60M, raised on Sep 01, 2013.

What does ClearOne Advantage do?

ClearOne Advantage was founded in 2008 and is based in Baltimore, United States. Operations focus on the financial services sector, where debt settlement and consolidation are provided. Creditors are negotiated with to lower debt amounts, and customized plans are developed to align with individual budgets. Debt management and credit counseling services are included to support financial stability. Fees are structured based on successful reductions, with resolutions targeted within defined periods.

What products or services does ClearOne Advantage offer?

ClearOne Advantage offers Debt Settlement and Debt Consolidation.

Who are ClearOne Advantage's investors?

ClearOne Advantage has 2 investors. Key investors include Comvest Partners, and Persimmon Capital Partners.

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