When was Clear founded?

Clear was founded in 2011 and raised its 1st funding round 3 years after it was founded.

Where is Clear located?

Clear is headquartered in Bengaluru, India. It is registered at Cabin No. 206, Ofis Square Tower, Sushant Lok, Phase-I, Triangle, DLF QE, Gurgaon, Dlf Qe, Haryana, India, 122002.

Who is the current CEO of Clear?

Archit Gupta of Clear. They have also founded 2 companies.

Which legal entities is Clear associated with?

Clear is associated with Defmacro Software Private Limited.

How many employees does Clear have?

As of Apr 30, 2026, the latest employee count at Clear is 619.

Is Clear a funded company?

Clear is a funded company, having raised a total of $146M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2014.

How much is Clear worth?

The latest valuation of Clear is $***** as of Mar 28, 2024.

When was the latest funding round of Clear?

Clear's latest funding was a $***** Series C round on Mar 27, 2024, with participation from 1 investor.

What is the annual revenue of Clear?

Annual revenue of Clear is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Clear rank among its competitors?

Clear ranks 2nd amongst 649 active competitors, of which 32 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Prosperr, which secured $4M in Dec, 2025.

Who are the top competitors of Clear?

Clear's top competitors include Liberty Tax, India Fillings and ClearTax. Among them, Prosperr secured the most recent funding round in December, 2025.

Clear - 2026 Company Profile, Team, Funding, Competitors & Financials

Clear is a series C company based in Bengaluru (India), founded in 2011 by Srivatsan Chari, Archit Gupta and Ankit Solanki. It operates as a Provider of software for tax compliance and financial process automation. Clear has raised $146M in funding from investors like Y Combinator, PayPal and Paytm, with a current valuation of $*****. The company has 649 active competitors, including 32 funded and 19 that have exited. Its top competitors include companies like Liberty Tax, India Fillings and ClearTax.

Company Details

Provider of software for tax compliance and financial process automation. This platform facilitates electronic invoicing, tax return filing, and supply chain management. It integrates with enterprise resource planning systems to automate accounts payable, vendor management, and input tax credit reconciliation. The software assists with regulatory reporting requirements and financial documentation for businesses and individuals.

Website: www.clear.in/
Email ID: *****@cleartax.in
Registered Address: Cabin No. 206, Ofis Square Tower, Sushant Lok, Phase-I, Triangle, DLF QE, Gurgaon, Dlf Qe, Haryana, India, 122002

Key Metrics

Founded Year

2011

Location

Bengaluru, India

Stage

Series C

Total Funding

$146M in 10 rounds

Latest Funding Round

Series C, Mar 27, 2024, $*****

Post Money Valuation

$***** as on Mar 28, 2024

Investors

Y Combinator & 28 more

Ranked

2^nd among 649 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

619 as on Apr 30, 2026

Investment & Acquisitions

CimplyFive & 2 more

Similar Companies

ClearTax & 608 more

View Clear's full profile

Clear is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Defmacro Software Private Limited CIN: U72200HR2016PTC140767 , India, Active	Jan 29, 2016	₹100 - ₹500 Cr (As on Mar 31, 2025)	619 (As on Apr 01, 2026)

Clear has raised a total funding of $146M over 10 rounds. Its first funding round was on 2014. Its latest funding round was a Series C round on Mar 27, 2024 for $*****. 1 investor participated in its latest round. Clear has 20 institutional investors and 9 angel investors.

Here is the list of recent funding rounds of Clear:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 27, 2024	5344380	Series C	8186710	4571043	4589367	8057815
Jan 13, 2022	3136709	Angel	8142774	9077869	3262060	3018451
Oct 24, 2021	2353905	Series C	3549550	9978459	Kora	Stripe & 2 more

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View details of Clear's funding rounds and investors

The founders of Clear are Srivatsan Chari, Archit Gupta and Ankit Solanki. Archit Gupta is the CEO of Clear.

Here are the details of Clear's key team members:

Srivatsan Chari: Co-Founder of Clear and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address
Archit Gupta: Co-Founder & CEO of Clear and founder of 1 other company.
Contact Info: 1 email address
Ankit Solanki: Co-Founder of Clear.
Contact Info: 1 email address and 2 phone numbers

Clear's Board of Directors

Clear's board has 3 active members. Archit Gupta and Srivatsan Ravindran Chari are part of team and Raja Ram Gupta is independent board member.

Here is the list of Clear's board of directors:

Name	Type	Representing	Status	Duration
Archit Gupta	Team	-	Current	10y 4m
Srivatsan Ravindran Chari	Team	-	Current	5y 9m
Raja Ram Gupta	Independent board member	-	Current	10y 4m

View details of Clear's Founder profiles and Board Members

Clear's employee count trend

Clear has 619 employees as of Apr 26. The total employee count is 27.0% lower than what it was in Apr 25. Here is Clear's employee count trend over the years:

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Top competitors of Clear include Liberty Tax, India Fillings and ClearTax. Here is the list of Top 10 competitors of Clear, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Liberty Tax 1997, Virginia Beach (United States), Acquired	Tax management services for businesses	$14M	Edison Partners, Vintage Capital Management ... & 2 others	73/100
2nd	Clear 2011, Bengaluru (India), Series C	Provider of software for tax compliance and financial process automation	$146M	Alua Capital Management, Wavelaunch & 27 others	72/100
3rd	India Fillings 2014, Chennai (India), Series A	Provider of a business registration, compliance, and taxation platform	$7.27M	ICICI Bank, Beenext & 20 others	71/100
4th	ClearTax 2011, India, Unfunded	AI-powered platform offering income tax filing, GST compliance, invoicing, tax planning, and financial solutions	-	-	66/100
5th	Taxfix 2016, Berlin (Germany), Series D	Provider of application for completing and submitting tax returns	$330M	Valar Ventures, Creandum & 7 others	64/100
6th	JJ Tax 2019, Gurugram (India), Seed	Provider of an app-based platform for taxation services	$1.52M	Hrishita Investment Advisory, Methods Apparel Consultancy ... & 76 others	61/100
7th	Thriday 2019, Melbourne (Australia), Acquired	Provider of banking, invoicing, accounting, and tax management platform	$9M	National Australia Bank, AfterWork Ventures ... & 1 others	59/100
8th	Prosperr 2022, Bengaluru (India), Seed	Provider of tax compliance, planning, and income tax preparation services	$6.5M	Jungle Ventures, Panthera Peak Capital & 24 others	58/100
9th	Taxfyle 2015, Miami (United States), Series B	Online tax filing services for individuals and businesses	$35M	Fuel Venture Capital, IDC Ventures & 5 others	55/100
10th	Mükellef 2019, Istanbul (Turkey), Seed	Provider of company formation, online accounting, and tax management services	$1M	The FinBerg, Trkiye Kalknma Fonu & 10 others	54/100

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Clear has made 1 investment in Sadhan and acquired CimplyFive and Xpedize.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 06, 2022	Acquisition	CimplyFive	2014	Bengaluru (India)
Mar 16, 2022	Acquisition	Xpedize	2017	Gurugram (India)
Apr 30, 2018	Investments	Sadhan	2015	Kolkata (India)