About Clearstate
Clearstate is a company based in Singapore (Singapore) founded in 2003 was acquired by The Economist Group in April 2012.. Clearstate has raised $50 million across 1 funding round from investors including Avenue Capital Group and The Economist Group. Clearstate offers products and services including IVD Gateway and Surgical Gateway.
- Headquarter Singapore, Singapore
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Phone
*********
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Website
*********
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Social
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- Legal Name Clearstate, Inc
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Annual Revenue
$6.13 M (USD)-2as on Mar 31, 2019
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Net Profit
$748.38 K (USD)-47as on Mar 31, 2019
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EBITDA
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Total Equity Funding
$50 M (USD)
in 1 rounds
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Latest Funding Round
$50 M (USD), Series B
Dec 07, 2018
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Investors
Avenue Capital Group
& 1 more
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Employee Count
Employee Count
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Acquired by
The Economist Group
(Apr 01, 2012)
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Products & Services of Clearstate
Clearstate offers a comprehensive portfolio of products and services, including IVD Gateway and Surgical Gateway. 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.
Tracking and understanding of the global in vitro diagnostics market size, share, and trends are facilitated through this service
Data on surgical procedure volumes and devices market size are provided globally for various procedures and devices
Funding Insights of Clearstate
Clearstate has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series B round of $50 million completed in December 2018. 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 1
- Last Round Series B — $50.0M
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First Round
First Round
(07 Dec 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series B - Clearstate | 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 Clearstate
Clearstate has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Avenue Capital Group and The Economist Group. 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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Diversified investments in distressed debt and securities are managed globally.
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Founded Year | Domain | Location | |
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Magazines and newspapers are published by the media group.
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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 Clearstate
| 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.
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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 - Clearstate
| 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 |
Clearstate Comparisons
Competitors of Clearstate
| 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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Frequently Asked Questions about Clearstate
When was Clearstate founded?
Clearstate was founded in 2003 and raised its 1st funding round 15 years after it was founded.
Where is Clearstate located?
Clearstate is headquartered in Singapore, Singapore.
Is Clearstate a funded company?
Clearstate is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Series B of $50M, raised on Dec 07, 2018.
What is the annual revenue of Clearstate?
Annual revenue of Clearstate is $6.13M as on Mar 31, 2019.
What does Clearstate do?
Founded in 2003 and headquartered in Singapore, Clearstate serves the medtech sector through intelligence, research, and consulting offerings. Data on market trends, sizes, and shares is delivered to medical technology organizations, with focus areas including in-vitro diagnostics, surgical devices, and consumables. Insights for strategy development and business sustainability are supplied via trend reports, company analyses, and advisory support for decision-making.
What products or services does Clearstate offer?
Clearstate offers IVD Gateway and Surgical Gateway.
Who are Clearstate's investors?
Clearstate has 2 investors. Key investors include Avenue Capital Group, and The Economist Group.