When was Clearco founded?

Clearco was founded in 2015 and became a unicorn in 2021, reaching the milestone in 6 years. It raised its 1st funding round 3 years after its incorporation.

Where is Clearco located?

Clearco is headquartered in Toronto, Canada. It is registered at 21 Nelson Street, Toronto.

How many employees does Clearco have?

As of Jun 30, 2026, the latest employee count at Clearco is 140.

Is Clearco a funded company?

Clearco is a funded company, having raised a total of $775M across 9 funding rounds to date. The company's 1st funding round was a $70M Series A round, raised on Nov 12, 2018.

How much is Clearco worth?

The latest valuation of Clearco is $2B as of Jul 08, 2021.

When was the latest funding round of Clearco?

Clearco's latest funding was a $60M Series D round on Oct 04, 2023, with participation from 3 investors. Its primary sector is Alternative Lending. In Canada, the Alternative Lending sector has seen $107M in funding in 2026 to date.

Is Clearco a Alternative Lending company?

The primary sector of Clearco is Alternative Lending.

Where does Clearco rank among its competitors?

Clearco ranks 2nd amongst 51 active competitors, of which 24 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Parafin, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of Clearco?

Clearco's top competitors include Wayflyer, Capchase and Moove. Among them, Parafin secured the most recent funding round in June, 2026.

Clearco - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Clearco operate in

Clearco serves in the FinTech market segments.The primary business model of Clearco is:

FinTech > Alternative Lending > ***** **** > ***** ******

Company Details

Revenue-based financing solution. It provides loans to businesses in return for a part or percentage of revenue generated by the business. It provides loans to eCommerce, SaaS, and more.

Website: www.clear.co/
Social
Email ID: *****@clear.co
Phone Number: +1 **********
Registered Address: 21 Nelson Street, Toronto

Key Metrics

Founded Year

2015

Location

Toronto, Canada

Stage

Series D

Total Funding

$775M in 9 rounds

Latest Funding Round

Series D, Oct 04, 2023, $60M

Post Money Valuation

$2B as on Jul 08, 2021

Investors

SoftBank & 30 more

Ranked

2^nd among 51 active competitors

Employee Count

140 as on Jun 30, 2026

Investment & Acquisitions

Mobobaby & 21 more

Similar Companies

Velocity & 54 more

View Clearco's full profile

Clearco is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CLEAR FINANCE TECHNOLOGY CORP. CIN: 939601-2 , Canada, Active	Aug 05, 2015	-	-	-

Clearco has raised a total funding of $775M over 9 rounds. Its first funding round was on Nov 12, 2018. Its latest funding round was a Series D round on Oct 04, 2023 for $60M. 3 investors participated in its latest round. Clearco has 28 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Clearco:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 04, 2023	$60M	Series D	-	-	Inovia Capital, Founders Circle Capital	Kensington Capital Partners
Oct 07, 2022	$230M	Series C	-	-	SoftBank	-
Jul 08, 2021	$215M	Series C	$2B	-	SoftBank Vision Fund	Bow Capital, Intuit, Park West Asset Management

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View details of Clearco's funding rounds and investors

The founders of Clearco is Tanay Delima.

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

Tanay Delima: Former Co-Founder of Clearco and founder of 2 other companies, Clearbanc and Furnex.
Contact Info: 1 email address

Clearco's Board of Directors

Clearco's board has 5 active members. Michele Romanow, Dan Nova, Santiago Subotovsky, Rajen Ruparell and Bruce Sewell are independent board members.

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

Name	Type	Representing	Status	Duration
Michele Romanow	Independent board member	-	Current	10y 11m
Dan Nova	Independent board member	-	Current	7y 1m
Santiago Subotovsky	Independent board member	-	Current	8y 3m
Rajen Ruparell	Independent board member	-	Current	8y 3m
Bruce Sewell	Independent board member	-	Current	5y 10m

View details of Clearco's Founder profiles and Board Members

Clearco's employee count trend

Clearco has 140 employees as of Jun 26. Here is Clearco's employee count trend over the years:

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Top competitors of Clearco include Wayflyer, Capchase and Moove. Here is the list of Top 10 competitors of Clearco, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wayflyer 2019, Dublin (Ireland), Series C	Revenue-based financing platform that provides fast, flexible growth capital to e-commerce and consumer businesses	$1.24B	QED Investors, Neuberger Berman & 30 others	76/100
2nd	Clearco 2015, Toronto (Canada), Series D	Revenue-based financing solution	$775M	Founders Circle Capital, 137 Ventures & 29 others	75/100
3rd	Capchase 2020, Cambridge (United States), Series C	Provider of an online revenue-based financing platform for SaaS businesses	$521M	01 Advisors, QED Investors & 18 others	74/100
4th	Moove 2020, Lagos (Nigeria), Series B	Provider of revenue-based vehicle financing to mobility entrepreneurs	$260M	Speedinvest, Left Lane & 39 others	66/100
5th	Pipe 2019, Los Angeles (United States), Series C	Online revenue-based financing marketplace for SaaS businesses	$332M	MaC Venture Capital, Craft Ventures & 93 others	66/100
6th	Parafin 2020, San Francisco (United States), Series C	Provider of cloud-based platform for revenue-based financing	$190M	GIC, Notable Capital & 17 others	64/100
7th	Lighter Capital 2008, Seattle (United States), Series B	Online revenue-based financing platform for businesses	$26.7M	Summit Capital, Voyager Capital & 5 others	62/100
8th	Braavo 2015, New York City (United States), Series B	Fundraising platform for mobile app developers and games developers	$13M	Headline, Mark 2 Capital & 7 others	59/100
9th	re:cap 2021, Berlin (Germany), Series A	Online platform for revenue-based financing	$42.4M	Entree Capital, Mubadala & 16 others	59/100
10th	Bonside 2020, Chicago (United States), Seed	Provider of an online platform to businesses with investors	$4.6M	Floating Point, Paradox Capital & 7 others	56/100

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Clearco has not made any acquisitions yet. Clearco has made 22 investments.

Here is the list of latest three $investments:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 22, 2021	Investments	Mobobaby	2020	Lake Country (Canada)
Dec 08, 2021	Investments	Better Rhodes	2019	Madison (United States)
Nov 23, 2021	Investments	The Old Wolf Supplements	2019	United States