About McLEAR
McLEAR is a company based in Bradford (United Kingdom) founded in 2012 by John McLear and Chris. It operates as a D2C and B2B. McLEAR has raised $93 thousand across 2 funding rounds from investors including Kickstarter and MTG. The company has 11 employees as of June 30, 2021. McLEAR offers products and services including RingPay Ring and RingPay App. McLEAR operates in a competitive market with competitors including K Ring, NFC Ring, bPay, Kiroco Technology and K-pay, among others.
- Headquarter Bradford, United Kingdom
- Employees 11 as on 30 Jun, 2021
- Founders John McLear, Chris
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Sectors
Healthcare
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Phone
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Website
Locked
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Social
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- Legal Name Mclear Limited
- Date of Incorporation 27 Nov, 2012
- Jurisdiction RICHMOND, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$93 K (USD)
in 2 rounds
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Latest Funding Round
Not available
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Investors
Kickstarter
& 1 more
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Employee Count
11
as on Jun 30, 2021
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Products & Services of McLEAR
McLEAR offers a comprehensive portfolio of products and services, including RingPay Ring and RingPay App.
Smart ring for secure contactless payments and expense tracking.
Mobile application for connecting cards and managing ring transactions.
People of McLEAR
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Funding Insights of McLEAR
McLEAR has successfully raised a total of $93K across 2 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.
Investors in McLEAR
McLEAR has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Kickstarter and MTG.
| Investor | Description | Founded Year | Domain | Location |
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MTG is engaged in developing beauty and wellness products.
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Creative projects are crowdfunded via a cloud-based platform.
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Investor details for McLEAR
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Investments & Acquisitions by McLEAR
Investment portfolio details for McLEAR
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Financial Statements - McLEAR
Detailed financials for McLEAR
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Mclear Comparisons
Peer comparison for McLEAR
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Competitors of McLEAR
McLEAR 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 K Ring, NFC Ring, bPay, Kiroco Technology and K-pay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Contactless payment rings
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Provides an NFC smart ring for secure authentication purposes.
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Provides contactless payment bands and accessories for secure transactions.
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Develops NFC wearables for payments, authentication, and healthcare applications.
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Offers wearable jewellery for quick, secure contactless payments via app integration.
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Detailed competitors of McLEAR
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Latest news on Mclear
Complete news archive for McLEAR
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Frequently Asked Questions about McLEAR
McLEAR was founded in 2012 and raised its 1st funding round 3 years after it was founded.
McLEAR is headquartered in Bradford, United Kingdom. It is registered at Bradford, West Yorkshire, United Kingdom.
McLEAR is a funded company, having raised a total of $93K across 2 funding rounds to date.
As of Jun 30, 2021, the latest employee count at McLEAR is 11.
McLEAR Limited designs smart rings that enable contactless payments by linking to debit or credit cards through the RingPay app. The company, based in Maidenhead, United Kingdom, partners with Visa and Thales to provide secure transactions and features like expense tracking and ring deactivation. It serves consumers directly via online sales and offers hypoallergenic, waterproof products for everyday use. McLEAR focuses on innovative wearable technology for financial convenience.
McLEAR offers RingPay Ring and RingPay App.
McLEAR has 2 investors. Key investors include Kickstarter, and MTG.