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Clutch - About the company

Clutch is a series D company based in Toronto (Canada), founded in 2016 by Andrew Dolinski, Chris Dolinski and Stephen Seibel. It operates as an Online-first dealer of used cars. Clutch has raised $167M in funding from investors like Canaan, Real Ventures and Altos Ventures Management. The company has 238 active competitors, including 4 funded and 9 that have exited. Its top competitors include companies like Copart, CarGurus and AutoTrader.ca.

Company Details

Online-first dealer of used cars. It buys cars from private owners, reconditions, and sells online after verification and testing. It also allows individuals to list cars for sale or to browse and purchase cars from other sellers. It also offer guranatee and return program.
Social
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Email ID
*****@clutch.ca
Phone Number
+1 **********
Key Metrics
Founded Year
2016
Location
Toronto, Canada
Stage
Series D
Total Funding
$167M in 8 rounds
Latest Funding Round
Investors
Ranked
Employee Count
433 as on Mar 31, 2026
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Clutch's funding and investors

Clutch has raised a total funding of $167M over 8 rounds. Its first funding round was on Mar 2020. Its latest funding round was a Series D round on Jan 03, 2025 for $*****. 2 investors participated in its latest round. Clutch has 15 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Clutch:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 03, 2025
9902250
Series D
1709187
3617764
2138827
5005972
Jun 13, 2024
6118179
Series B
5984536
7832312
1576249
1318970
Jul 03, 2023
9853957
Series B
2327671
6427576
9964888
4210624
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Clutch's founders and board of directors

Founder? Claim Profile
The founders of Clutch are Andrew Dolinski, Chris Dolinski and Stephen Seibel. Dan Park is the CEO of Clutch.
Here are the details of Clutch's key team members:

Clutch's employee count trend

Clutch has 433 employees as of Mar 26. Here is Clutch's employee count trend over the years:
Employee count trend for Clutch
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Clutch's Competitors and alternates

Top competitors of Clutch include Copart, CarGurus and AutoTrader.ca. Here is the list of Top 10 competitors of Clutch, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Copart
Copart
1982, Dallas (United States), Public
Online marketplace for used and salvaged vehicles
$1.1M
-
74/100
2nd
Logo for CarGurus
CarGurus
2006, Cambridge (United States), Public
Online retailer of used and new cars with financing options
$1.75M
68/100
3rd
Logo for Clutch
Clutch
2016, Toronto (Canada), Series D
Online-first dealer of used cars
$167M
63/100
4th
Logo for AutoTrader.ca
AutoTrader.ca
2000, Toronto (Canada), Acquired
Used Automobile listing portal & content portal
-
62/100
5th
Logo for Trade Helper
Trade Helper
2012, Laval (Canada), Acquired
App that provides an auction-based platform for multi-category vehicles
-
-
41/100
6th
Logo for Canada Drives
Canada Drives
2010, Vancouver (Canada), Series B
Online marketplace for automotive financing
$195M
40/100
7th
Logo for CarDoor
CarDoor
2021, Toronto (Canada), Seed
Auto retailer of cars
$3M
35/100
8th
Logo for RM Sotheby's
RM Sotheby's
1991, Chatham Kent (Canada), Funding Raised
Dealer of cars
-
35/100
9th
Logo for Curbie
Curbie
2017, Saskatoon (Canada), Seed
Online B2C marketplace for used cars
$7M
33/100
10th
Logo for Impact Auto Auctions
Impact Auto Auctions
1984, Mississauga (Canada), Unfunded
App-based auction platform of second-hand automobiles
-
-
33/100
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Clutch's Investments and acquisitions

Clutch has made no investments or acquisitions yet.

News related to Clutch

lockFilter this list
Media has covered Clutch for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about people movement.
Clutch Raises $80m Series B to Fuel ExpansionAzure Capital PartnersNov 16, 2021Clutch
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FAQs about Clutch

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