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 241 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.
- Website
- www.clutch.ca/
- 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
Ranked
3rd among 241 active competitors
Employee Count
443 as on May 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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 03, 2025 | 2058030 | Series D | 2577990 | 2401003 | 7589195 | 8858404 |
Jun 13, 2024 | 1671083 | Series B | 9865949 | 5298394 | 6718485 | 5403368 |
Jul 03, 2023 | 1321614 | Series B | 6250451 | 9697398 | 3215030 | 1783264 |
View details of Clutch's funding rounds and investors
Clutch's founders and board of directors
Founder? Claim ProfileThe 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:
- Andrew Dolinski: Former Co-Founder & COO of Clutch and founder of 1 other company. Contact Info: 1 email address
- Chris Dolinski: Former Co-Founder of Clutch.
- Stephen Seibel: Co-Founder & COO of Clutch. Contact Info: 1 email address
- Dan Park: CEO of Clutch. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of Clutch's Founder profiles and Board Members
Clutch's employee count trend
Clutch has 443 employees as of May 26. Here is Clutch's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Copart 1982, Dallas (United States), Public | Online marketplace for used and salvaged vehicles | $1.1M | - | 72/100 |
2nd | CarGurus 2006, Cambridge (United States), Public | Online retailer of used and new cars with financing options | $1.75M | 71/100 | |
3rd | Online-first dealer of used cars | $167M | 64/100 | ||
4th | AutoTrader.ca 2000, Toronto (Canada), Acquired | Used Automobile listing portal & content portal | - | 62/100 | |
5th | Trade Helper 2012, Laval (Canada), Acquired | App that provides an auction-based platform for multi-category vehicles | - | - | 41/100 |
6th | Canada Drives 2010, Vancouver (Canada), Series B | Online marketplace for automotive financing | $195M | 40/100 | |
7th | Auto retailer of cars | $3M | 36/100 | ||
8th | RM Sotheby's 1991, Chatham Kent (Canada), Funding Raised | Dealer of cars | - | 35/100 | |
9th | Impact Auto Auctions 1984, Mississauga (Canada), Unfunded | App-based auction platform of second-hand automobiles | - | - | 33/100 |
10th | Online B2C marketplace for used cars | $7M | 31/100 |
Looking for more details on Clutch's competitors? Click here to see the top ones
Clutch's Investments and acquisitions
Clutch has made no investments or acquisitions yet.
News related to Clutch
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.
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Clutch Launches Second Customer Hub in Ottawa’s Bayshore Shopping CentreBusiness Wire•Apr 07, 2026•Clutch
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Clutch gears up for expansion with $100 million CAD Series B roundBetaKit•Nov 16, 2021•Clutch, Flight Deck Capital, Canaan, Upper90 and 5 others
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Online Car Retailer Clutch Secures $60 MillionBetaKit•Mar 29, 2021•Clutch, Canaan, Upper90, BrandProject and 3 others
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