About ClearOne
ClearOne is a company based in Salt Lake City (United States) founded in 1983 was acquired by EVO Payments in October 2018. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 80 employees as of December 31, 2024. ClearOne has completed 2 acquisitions, including NetStreams and Spontania. ClearOne offers products and services including Audio Conferencing, Visual Collaboration, and AV Networking. ClearOne operates in a competitive market with competitors including RingCentral, Dialpad, Fuze, Webex and Weave, among others.
- Headquarter Salt Lake City, United States
- Employees 80 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Clearone, Inc.
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Annual Revenue
$11.39 M-39.13as on Dec 31, 2024
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Net Profit
$-8.98 M-1504.11as on Dec 31, 2024
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EBITDA
$-8.31 M-47.86as on Dec 31, 2024
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Latest Funding Round
$3 M (USD), Post-IPO
Jun 20, 2025
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Investors
EVO Payments
& 2 more
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Employee Count
80
as on Dec 31, 2024
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Investments & Acquisitions
NetStreams
& 1 more
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Acquired by
EVO Payments
(Oct 16, 2018)
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IPO & Listings of ClearOne
ClearOne is a publicly listed company on the NASDAQ with ticker symbol CLRO in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of ClearOne
ClearOne offers a comprehensive portfolio of products and services, including Audio Conferencing, Visual Collaboration, and AV Networking. 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.
Audio solutions are provided for clear meeting communication.
Video tools are offered for enhanced remote teamwork.
Networking solutions are delivered for audio-video distribution.
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Funding Insights of ClearOne
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $3.0M
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First Round
First Round
(02 Jan 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Post-IPO - ClearOne | Valuation |
investors |
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| Sep, 2020 | Amount | Post-IPO - ClearOne | Valuation |
investors |
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| Jan, 2020 | Amount | Post-IPO - ClearOne | Valuation |
investors |
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| 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 ClearOne
ClearOne has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include EVO Payments, Zeynep Hakimogl and Edward D. Bagley. 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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Global payment solutions are provided by EVO Payments, Inc.
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Founded Year | Domain | Location | |
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ZH
Zeynep Hakimogl |
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Founded Year | Domain | Location |
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ED
Edward D. Bagley |
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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 | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
|
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 ClearOne
ClearOne has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include NetStreams and Spontania. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Group video conferencing is provided via a cloud-based platform.
|
2011 | ||||
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Digital entertainment solutionist
|
2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - ClearOne
| 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 |
Clearone Comparisons
Competitors of ClearOne
ClearOne 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 RingCentral, Dialpad, Fuze, Webex and Weave, 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 |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| domain | founded_year | HQ Location |
An AI platform is utilized for connecting employees across organizations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Clearone
Frequently Asked Questions about ClearOne
When was ClearOne founded?
ClearOne was founded in 1983 and raised its 1st funding round 37 years after it was founded.
Where is ClearOne located?
ClearOne is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
How many employees does ClearOne have?
As of Dec 31, 2024, the latest employee count at ClearOne is 80.
What is the annual revenue of ClearOne?
Annual revenue of ClearOne is $11.39M as on Dec 31, 2024.
What does ClearOne do?
ClearOne is established as a prominent provider of audio-visual solutions catering to diverse sectors including business, education, and healthcare. A wide range of products such as audio conferencing systems, visual collaboration tools, and AV networking solutions are offered. These solutions are designed to enhance communication in various environments like conference rooms, classrooms, and telemedicine facilities. Scalable and reliable technologies are provided to meet the needs of small, medium, and large meeting spaces as well as home offices. Innovation in AV equipment is continuously pursued to support productivity and seamless connectivity across different applications.
Who are the top competitors of ClearOne?
ClearOne's top competitors include Dialpad, Webex and RingCentral.
What products or services does ClearOne offer?
ClearOne offers Audio Conferencing, Visual Collaboration, and AV Networking.
Is ClearOne publicly traded?
Yes, ClearOne is publicly traded on NASDAQ under the ticker symbol CLRO.
How many acquisitions has ClearOne made?
ClearOne has made 2 acquisitions, including NetStreams, and Spontania.
Who are ClearOne's investors?
ClearOne has 3 investors. Key investors include EVO Payments, Zeynep Hakimogl, and Edward D. Bagley.
What is ClearOne's ticker symbol?
The ticker symbol of ClearOne is CLRO on NASDAQ.
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