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 May 31, 2026, the latest employee count at Clear is 627.

Is Clear a funded company?

Clear is a funded company, having raised a total of $141M 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 3rd amongst 454 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 Mükellef, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of Clear?

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

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

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/
Social
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

$141M in 10 rounds

Latest Funding Round

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

Post Money Valuation

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

Investors

Y Combinator & 29 more

Ranked

3^rd among 454 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

627 as on May 31, 2026

Investment & Acquisitions

CimplyFive & 2 more

Similar Companies

ClearTax & 420 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	Reports
Defmacro Software Private Limited CIN: U72200HR2016PTC140767 , India, Active	Jan 29, 2016	₹100 - ₹500 Cr (As on Mar 31, 2025)	627 (As on May 01, 2026)

Clear has raised a total funding of $141M 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 21 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	1037003	Series C	2607079	3118373	6160939	9119402
Jan 13, 2022	9798440	Angel	3576932	2106586	3464771	6941640
Oct 24, 2021	1007942	Series C	2959310	5412367	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 6m
Srivatsan Ravindran Chari	Team	-	Current	5y 11m
Raja Ram Gupta	Independent board member	-	Current	10y 6m

View details of Clear's Founder profiles and Board Members

Clear's employee count trend

Clear has 627 employees as of May 26. The total employee count is 26.0% lower than what it was in May 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	72/100
2nd	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
3rd	Clear 2011, Bengaluru (India), Series C	Provider of software for tax compliance and financial process automation	$141M	Alua Capital Management, Wavelaunch & 28 others	71/100
4th	ClearTax 2011, Bengaluru (India), Unfunded	AI-powered platform offering income tax filing, GST compliance, invoicing, tax planning, and financial solutions	-	-	68/100
5th	Taxfix 2016, Berlin (Germany), Series D	Provider of application for completing and submitting tax returns	$330M	Valar Ventures, Creandum & 8 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, Lempriere Wells & 1 others	59/100
8th	Sphere 2021, San Francisco (United States), Series A	Online platform offering leadership training	$25.3M	Felicis Ventures, Andreessen Horowitz & 2 others	54/100
9th	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
10th	Befiler 2018, Karachi (Pakistan), Seed	Online tax filing portal for individuals and businesses	$1.5M	Lakson Investments, Cistech Capital & 1 others	53/100

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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)