Clearbanc Revenue and Competitors

Toronto, ON CAN

Location

$681.5M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Clearbanc's estimated annual revenue is currently $27M per year.(i)
  • Clearbanc received $300M in venture funding in July 2019.
  • Clearbanc's estimated revenue per employee is $139,750
  • Clearbanc's total funding is $681.5M.
  • Clearbanc's current valuation is $2B.

Employee Data

  • Clearbanc has 193 Employees.(i)
  • Clearbanc grew their employee count by -47% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$50M30325%$316M$2B
#2
$287.2M15455%$1.5B$12.3B
#3
$15.9M122N/AN/AN/A
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What Is Clearbanc?

Clearbanc builds financial services for entrepreneurs and small business owners. The company currently provides revenue-based financing to help growing online-enabled businesses, such as vacation rental and e-commerce businesses. Clearbanc uses proprietary originating, underwriting and servicing technology to offer an exceptional experience to its small business customers with more flexible terms than other financing alternatives. For more information on Clearbanc, visit https://clearbanc.com/

keywords:Venture Capital, Fin Tech

$681.5M

Total Funding

193

Number of Employees

$27M

Revenue (est)

-47%

Employee Growth %

$2B

Valuation

N/A

Accelerator

Clearbanc News

2022-03-22 - Revenue-based lending firm Clearco to create 125 new jobs ...

Clearco, formerly Clearbanc, offers equity-free capital tools to e-commerce, SaaS and mobile app entrepreneurs. As well as Ireland,...

2022-03-22 - ClearBank, a UK banking rails provider, raises $230M from Apax to expand into Europe and the US

ClearBank — a UK fintech that has built a new set of cloud-based financial rails that allows banks and other customers real-time clearance...

2021-05-04 - Clearbanc: $100 Million Funding And Valuation Of Nearly $2 Billion

Clearbanc announced a rebrand and $100 million in new Series C equity funding to fuel the company’s growth plans, bringing the company’s valuation to almost $2 billion. These are the details. Clearbanc — the world’s largest e-commerce investor and the company transforming the way founders grow ...

2021-04-21 - Clearbanc closes in on $2B valuation with Series C

Clearbanc, an ecommerce investor and provider of financing products and services, has raised $100 million in equity led by Oak HC/FT, with participation from Founders Circle and several angel investors. Clearbanc also raised $250 million in debt from Credigy. The company, which is rebranding as ...

2021-04-20 - Canadian startup Clearbanc raises capital at nearly $2 billion valuation

As part of the latest round, Clearbanc sold $100 million worth of new shares and raised the remaining amount as debt. The company, which has raised more than $170 million in equity funding to date, said it would rebrand itself as Clearco. Founded in 2015, Clearbanc invests in online retail star ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$70M193-4%$121.5M
#2
$57.3M193-4%N/A
#3
$43.5M19310%N/A
#4
$61.9M1945%N/A
#5
$51.1M19420%N/A

Clearbanc Funding

DateAmountRoundLead InvestorsReference
2018-11-13$70.0MAMultipleArticle
2019-07-31$300MBHighland CapitalArticle