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Clair
Wage advance service
- 21-100 employees
- Fintech
- B2B
- Personal finance
- SaaS
- Social Impact
- Flatiron District, New York, NY
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Company mission
To create financial freedom for America’s workforce.
Our take
Clair is a social impact fintech startup offering instant no-fee pay access, so that gig companies and HR tech can offer hourly workers cash advances on their earnings. It aims to both mitigate the risks taken on by workers in the growing gig economy, and help gig companies recruit and retain their workforce in a market characterized by fluctuating demand.
Clair secured a high level of funding from Thrive Capital, a big win given their reputation for funding and building game-changing fintech. This is a game that certainly looks set to change - with 80 million hourly workers and 60 million gig workers, this precariously positioned segment of the US workforce is both large and growing.
Mastercard, MetaBank, and Galileo have all thrown their weight behind Clair to provide the financial infrastructure that makes their payment model possible. Following the recent surge in the gig economy, Clair offers both an attractive and necessary tool to sustain the livelihoods of the people working in this sector.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Fully-paid parental leave
- Unlimited vacation
- 100% Medical, Dental, & Vision Coverage, with option to extend to your family
- Access to your earnings every day on Clair
- Company-sponsored 401k, HSA, and FSA
- Company-sponsored short-term and long-term disability insurance
- Work from home setup allowance
Company values
- Focus on What Matters
- Bring Others Along
- Adapt to Make an Impact
- See Feedback as a Gift
- Take Ownership
- Listen, Learn, then Speak Boldly
- Never Miss an Opportunity to Have Fun
Funding (last 2 of 4 rounds)
Jul 2023
$25m
EARLY VC
Jun 2021
$15m
SERIES A
Total funding: $45.1m
This company has top investors
Leadership
Alex Kostecki
(CRO)Alex worked at Deloitte for 6 years, spending time in strategy and operations consulting before co-founding Clair.
Nico Simko
(CEO)Nico worked in Fintech M&A at J.P. Morgan and is part of the Finance Council for Forbes.
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