Clear - About the company
Clear is a series A company based in Singapore (Singapore), founded in 2017 by Eran Yakov Haggiag. It operates as a Blockchain-based trade settlement and clearing solution. Clear has raised $13M in funding from Eight Roads Ventures. The company has 32 active competitors, including 11 funded and 5 that have exited. Its top competitors include companies like VAKT, RQD and Baton Systems.
Company Details
Clear provides trade settlement and clearing solution based on blockchain technology. Leverages smart contract to enable direct and automatic B2B trade. The solution enables pluggable tokenization i.e. the tokenization of existing fiat currencies into eSDR. eSDRs are backed by liquid collateral that resides in multiple financial institutes. eSDR facilitates local and cross-border payments.
- Website
- clearx.io
- Email ID
- *****@clearx.io
- Registered Address
- CECIL STREET, Singapore, 69536
Key Metrics
Founded Year
2017
Location
Singapore, Singapore
Stage
Series A
Total Funding
$13M in 1 round
Latest Funding Round
Investors
Ranked
9th among 32 active competitors
Employee Count
7 as on Aug 31, 2026
Legal entities associated with Clear
Clear is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CLEAR BLOCKCHAIN TECHNOLOGIES PTE. LTD. UEN: 201802098G , Singapore, Active | Jan 17, 2018 | - | - |
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Clear's funding and investors
Clear has raised a total funding of $13M over 1 round. Its latest funding round was a Series A round on Feb 05, 2020 for $*****. 5 investors participated in its latest round. Clear has 14 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of Clear:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 05, 2020 | 6472212 | Series A | 2945863 | 4407330 | 4139997 | 4020994 |
View details of Clear's funding rounds and investors
Clear's founders and board of directors
Founder? Claim ProfileThe founders of Clear is Eran Yakov Haggiag.
Here are the details of Clear's key team members:
- Eran Yakov Haggiag: Former Co-Founder & Chairman of Clear. They serve on the board of 1 company.Contact Info: 1 email address
Clear's Board of Directors
Clear's board has 4 active members. Eran Yakov Haggiag is part of team and Matthew Storey, Goh Chee Kien and Rony Shani are independent board members.Here is the list of Clear's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 8m | |
lbrinds | Team | - | Past | 8y 1m |
Independent board member | - | Current | 7y 5m | |
tgmkbuj | Independent board member | - | Current | 2y 1m |
mdieqip | Independent board member | - | Current | 3y 8m |
qvmrqkw | Independent board member | - | Past | 4y 5m |
nuwatjx | Independent board member | - | Past | 6y 8m |
xjojlth | Independent board member | - | Past | 2y 7m |
View details of Clear's Founder profiles and Board Members
Clear's employee count trend
Clear has 7 employees as of Aug 26. Here is Clear's employee count trend over the years:
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Clear's Competitors and alternates
Top competitors of Clear include VAKT, RQD and Baton Systems. Here is the list of Top 10 competitors of Clear, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | VAKT 2018, London (United Kingdom), Series B | Blockchain-based post-trade settlement platform | $67.6M | 62/100 | |
2nd | RQD 2021, New York City (United States), Series B | Provider of a clearing and settlement platform for trades | $74M | 56/100 | |
3rd | Baton Systems 2016, Fremont (United States), Series A | Post-trade clearing and settlement solution for merchants | $16.3M | 54/100 | |
4th | Sernova Financial 2015, London (United Kingdom), Seed | Cloud based post-trade services | $2.03M | 46/100 | |
5th | Embed 2020, Vancouver (United States), Acquired | Provider of API's for broker-dealers, RIAs, and banks | $40M | 43/100 | |
6th | Vermiculus Financial Technology 2020, Stockholm (Sweden), Seed | Provider of financial technology solutions for exchange, clearing, and CSD | - | 43/100 | |
7th | SSImple 2022, London (United Kingdom), Seed | SaaS DLT platform for post-trade processing | - | - | 43/100 |
8th | BOSONIC 2016, San Francisco (United States), Series A | Operator of an alternative trading system for digital asset securities | $15.1M | 41/100 | |
9th | Blockchain-based trade settlement and clearing solution | $13M | 39/100 | ||
10th | Kore 2016, New York (United States), Unfunded | Provider of digital infrastructure for regulated private capital market transactions | - | - | 35/100 |
Looking for more details on Clear's competitors? Click here to see the top ones
Clear's Investments and acquisitions
Clear has made no investments or acquisitions yet.
Reports related to Clear
Here is the latest report on Clear's sector:
News related to Clear
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Nokia, Clear team up for blockchain-based optical settlementsLight Reading•Nov 24, 2020•Nokia, Clear, Clear
•
TOMIA and Clear to deliver automated blockchain for global roaming ecosystemEnterprise Times•Nov 18, 2020•TOMIA, Clear
•
TOMIA and Clear Join Forces to Deliver a New Blockchain-Based Automated Approach for the Global Roaming EcosystemAiThority•Nov 14, 2020•TOMIA, Clear
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TOMIA and Clear Join Forces to Deliver A New Blockchain-Based Automated Approach for The Global Roaming EcosystemPR Newswire•Nov 11, 2020•TOMIA, Clear, clear.io
•
Clear and cross-blockchain interoperability on Hyperledger FabricEnterprise Times•Aug 14, 2020•Clear
•
Telecom Giants Successfully Streamline Financial Settlement Using Clear’s Blockchain SolutionBlock Tribune•Jul 13, 2020•Deutsche Telekom, Telefonica, Vodafone, Clear
•
Clear gets $13M Series A to build high-volume transaction system on the blockchainTechCrunch+•Feb 05, 2020•Clear, Eight Roads Ventures, Telefonica, Deutsche Telekom and 5 others
•
Colt and PCCW Global demonstrate speedy payment settlements using blockchain technologyBobsguide•Mar 13, 2018•PCCW Global, Colt, Clear
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