Clearco
eCommerce funding & finance for DTC brands
- 101-200 employees
- B2B
- Fundraising
- Investing
- Venture Capital
- eCommerce
- Yonge-Bay Corridor, Toronto, ON
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Company mission
To democratize access to capital for e-commerce businesses.
-62% employee growth in 12 months
Our take
Online platforms present excellent opportunities for entrepreneurs to start up eCommerce businesses, but accessing funding for it can be difficult. Venture capital processes can be slow, biased, and usually focused exclusively on funding large businesses.
Clearco invests in eCommerce businesses, providing funding of between £10,000 and £20M 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 eCommerce 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
Company Specialist at Welcome to the Jungle
Benefits
- Work Remote: Ability to work out of country for up to 6 months in a calendar year.
- Get Togethers: Opportunities to gather in-person with your team or company on a quarterly basis.
- Mental Health: Mental health and well-being support through Inkblot.
- RRSP or 401k Matching: Up to 4% Clearco matching program hosted through CommonWealth and John Hancock.
- WFH Spend: $300.00 to set your home office up into your ideal #workfromhome space.
- Unlimited PTO: Flexible paid time off policy to ensure you get the rest and recovery you need to succeed.
- L&D Stipend: $2,000.00 per year for learning and development opportunities, such as furthering education.
- Fitness Program: 25% corporate discount at Goodlife Fitness with access to the tier of your choice.
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
Andrew C. Curtis
(CEO)Prior to joining Clearco as CEO in 2023, Andrew was an Advisor at Annaly Capital Managed, Head of Credit at Z Capital Group and a Portfolio manager at Sandelman Partners.