Clearco

e-Commerce store investor

Clearco logo
101-200 employees
  • B2B
  • Fundraising
  • Investing
  • Venture Capital
  • eCommerce
St. Lawrence, Toronto, ON

Company mission

Clearco's mission is to democratize access to capital for e-commerce businesses.

Led by a woman
Top investors

-62% employee growth in 12 months

Our take

Online platforms present excellent opportunities for entrepreneurs to start up e-commerce businesses, but accessing funding for it can be difficult. Venture capital processes can be slow, biased, and usually focus exclusively on funding large businesses.

Clearco invests in e-commerce businesses, providing funding of between £10,000 and £20 million to businesses as quickly as within 48 hours. The offering process is automated by AI, based on connecting business data from stores and advertisements, ensuring that it can be processed rapidly, accurately, and without the need for equity.

Whilst venture capital companies currently present funding opportunities for e-commerce businesses, Clearco has taken a unique data-driven approach, allowing it to automate and thus increase the speeds that its funding can take place. The company has also taken a non-biased and inclusive stance on its business, investing in 25 times more women-led businesses than venture capital alternatives, and providing a range of funding opportunities to accommodate any business size.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Beautiful downtown office, or remote
  • Comprehensive health insurance
  • Flexible vacation & holidays
  • Generous parental & family leave
  • Kickass team & leadership
  • Healthy food & snacks

Funding (last 2 of 5 rounds)

Oct 2023

$60m

SERIES D

Jul 2021

$215m

LATE VC

Total funding: $494.3m

This company has top investors

Leadership

Michele Romanow

(Executive Chairman)

Director of Vail Resorts since 2016. Dragon Investor on Dragons' Den since 2015.

Andrew D'Souza

(Executive Chairman)

President of Nymi from 2013 to 2015. Advisor for Wealthsimple since 2014.

Ivan Gritsiniak

(VP of Finance)

Co-founded Clearbanc (now Clearco) as Director of Finance in 2016.