Clearbanc rebrands as Clearco, raises $100 Million

< 1 minute to read

TORONTO – The company formerly known as Clearbanc raised an additional $100 million in Series C equity funding, bringing its total valuation close to $2 Billion. The New York and Toronto based company, now officially Clearco, has rebranded itself to include its expanded business interests.

The company also received US$250M of debt from Credigy. It intends to use the funds to accelerate growth plans.

Clearco was co-founded in 2015 by Michele Romanow of Canada’s Dragons’ Den fame, Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima. It offers non-dilutive capital solutions for e-commerce, apps and SaaS startups and established companies, as well as a full suite of products and access to a global network, insights and data, and recommendations.


search other content

read similar news

share this news

Share on linkedin
Share on facebook
Share on twitter
Share on reddit
Share on email


Consider making a small donation, so we can continue to create amazing content with our local partners. We suggest a minimum of $0.05 cents per news article, or signing up for a Membership.