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Clutch
Online used car sales
- 101-200 employees
- B2C
- Marketplace
- Cars
- Electric Vehicles
- Consumer Goods
- eCommerce
- Downtown Yonge East, Toronto, ON
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Company mission
To deliver a delightful car-buying experience to Canadians.
Few candidates hear
back within 2 weeks
Our take
Buying used cars is notoriously something of a minefield - but used car sales platform Clutch is making big strides to sweep away the risk. The marketplace lists certified vehicles for users to shop, and have home delivered, along with a full carfax, insurance, warranty, and optional financing.
The used car sales market has been undergoing something of a digital overhaul in recent years, with a flurry of used car marketplaces cropping up to offer similar services. Canada, however, remains relatively non-competitive compared with the U.S. and Europe. This means Clutch has the luxury of importing a tried-and-tested model into a relatively spacious market.
Clutch will, however, have to face off with close competitor Canada Drives. The two companies enjoy comparable levels of funding and are currently the top competitors in Canada’s used car market. With this market hotting up significantly, Clutch will need to tread carefully to ensure they come out on top.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Health & dental benefits from day one
- Learning stipend for growth & development
- Flexible & unlimited time off
Company values
- Deliver incredible: We produce high-quality work and strive to net new standard
- Embrace challenges: We appreciate that ambiguity and change are needed to innovate
- Promote autonomy: We constantly encourage initiative, creativity, an good judgment
- Look for the assist: We always strive to set each other up for long term success
Funding (last 2 of 5 rounds)
Jul 2024
$7.2m
LATE VC
Nov 2021
$71.5m
SERIES B
Total funding: $99.9m
This company has top investors
Leadership
Stephen Seibel
(COO)Previously an investment banking analyst at Moelis & Company, before moving on to serve as a partner at Camvber Media.
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Software Engineering
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Operations & Strategy
Sales & Account Management