Clearco valuation, funding and investors

Clearco works in business funding solutions delivery, based in Toronto, Canada. Founded in 2015, it has about 143 employees.

Loans & Financing Debt

VALUATION · TODAY

$336M −31% after Series D

Range $113M – $1.39B · Grade D

TODAY

+12 MO

$1.00B

$2.00B

$3.00B

$4.00B

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Series A $70.0M

Growth $50.0M

Series B $300M

Series C $100M

Growth $215M

Series D $60.0M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY143 employees

−11%6m growth

−17%1y growth

−16%2y growth

250

500

750

Data from Apr 2022

TODAY

Predicted in 1 yr $231M −31% vs today

Predicted next raise $101M if a round comes

Winding-down probability 84%

Last round: Series D · $60.0M · Oct 2023
Valuation at last round: $750M · implied
Headcount: 143 · down
Grade: D
Founded: 2015

How VCMC values companies →

Clearco valuation today

VCMC values Clearco at $336M today, with a range of $113M to $1.4B and a grade of D. The valuation starts from its last funding round, a Series D round in Oct 2023.

Valuation by date (149 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Clearco: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2015	$6.67M	$2.43M – $18.3M	$6.98M (+5%)	before first round	–	unknown	D	0%
1 Feb 2015	$6.69M	$2.44M – $18.4M	$7.01M (+5%)	before first round	–	unknown	D	0%
1 Mar 2015	$6.72M	$2.44M – $18.4M	$7.04M (+5%)	before first round	–	unknown	D	0%
1 Apr 2015	$6.74M	$2.45M – $18.5M	$7.07M (+5%)	before first round	–	unknown	D	0%
1 May 2015	$6.77M	$2.46M – $18.6M	$7.09M (+5%)	before first round	–	unknown	D	0%
1 Jun 2015	$6.80M	$2.47M – $18.7M	$7.12M (+5%)	before first round	–	unknown	D	0%
1 Jul 2015	$6.82M	$2.48M – $18.7M	$7.15M (+5%)	before first round	–	unknown	D	0%
1 Aug 2015	$6.85M	$2.49M – $18.8M	$7.33M (+7%)	before first round	–	unknown	D	0%
1 Sep 2015	$6.88M	$2.50M – $18.9M	$7.53M (+10%)	before first round	–	unknown	D	0%
1 Oct 2015	$6.90M	$2.51M – $19.0M	$7.73M (+12%)	before first round	–	unknown	D	0%
1 Nov 2015	$6.93M	$2.52M – $19.0M	$7.94M (+15%)	before first round	–	unknown	D	0%
1 Dec 2015	$6.96M	$2.53M – $19.1M	$8.15M (+17%)	before first round	–	unknown	D	0%
1 Jan 2016	$6.98M	$2.54M – $19.2M	$8.37M (+20%)	before first round	–	unknown	D	0%
1 Feb 2016	$7.01M	$2.55M – $19.3M	$8.60M (+23%)	before first round	–	unknown	D	0%
1 Mar 2016	$7.04M	$2.56M – $19.3M	$8.82M (+25%)	before first round	–	unknown	D	0%
1 Apr 2016	$7.07M	$2.57M – $19.4M	$9.06M (+28%)	before first round	–	unknown	D	0%
1 May 2016	$7.09M	$2.58M – $19.5M	$9.29M (+31%)	before first round	–	unknown	D	0%
1 Jun 2016	$7.12M	$2.59M – $19.6M	$9.55M (+34%)	before first round	–	unknown	D	0%
1 Jul 2016	$7.15M	$2.60M – $19.6M	$9.80M (+37%)	before first round	–	unknown	D	0%
1 Aug 2016	$7.34M	$2.67M – $20.2M	$10.1M (+37%)	before first round	–	unknown	D	0%
1 Sep 2016	$7.54M	$2.74M – $20.7M	$10.3M (+37%)	before first round	–	unknown	D	0%
1 Oct 2016	$7.74M	$2.82M – $21.3M	$10.6M (+37%)	before first round	–	unknown	D	0%
1 Nov 2016	$7.95M	$2.89M – $21.8M	$10.9M (+37%)	before first round	–	unknown	D	0%
1 Dec 2016	$8.16M	$2.97M – $22.4M	$11.2M (+37%)	before first round	–	unknown	D	0%
1 Jan 2017	$8.37M	$3.05M – $23.0M	$11.5M (+37%)	before first round	–	unknown	D	0%
1 Feb 2017	$8.60M	$3.13M – $23.6M	$11.8M (+37%)	before first round	–	unknown	D	0%
1 Mar 2017	$8.81M	$3.21M – $24.2M	$12.1M (+37%)	before first round	–	unknown	D	0%
1 Apr 2017	$9.05M	$3.29M – $24.9M	$12.4M (+37%)	before first round	–	unknown	D	0%
1 May 2017	$9.29M	$3.38M – $25.5M	$12.7M (+37%)	before first round	–	unknown	D	0%
1 Jun 2017	$9.54M	$3.47M – $26.2M	$13.1M (+37%)	before first round	–	unknown	D	0%
1 Jul 2017	$9.79M	$3.56M – $26.9M	$13.4M (+37%)	before first round	–	unknown	D	0%
1 Aug 2017	$10.1M	$3.66M – $27.6M	$13.8M (+37%)	before first round	–	unknown	D	0%
1 Sep 2017	$10.3M	$3.76M – $28.4M	$14.2M (+37%)	before first round	–	unknown	D	0%
1 Oct 2017	$10.6M	$3.86M – $29.1M	$14.5M (+37%)	before first round	–	unknown	D	0%
1 Nov 2017	$10.9M	$3.96M – $29.9M	$14.9M (+37%)	before first round	–	unknown	D	0%
1 Dec 2017	$11.2M	$4.07M – $30.7M	$15.3M (+37%)	before first round	–	unknown	D	0%
1 Jan 2018	$389M	$256M – $1.1B	$700M (+80%)	after a round	–	unknown	C	0%
2 Jan 2018	$390M	$256M – $1.1B	$700M (+80%)	after a round	–	unknown	C	0%
1 Feb 2018	$409M	$256M – $1.1B	$700M (+71%)	after a round	–	unknown	C	0%
1 Mar 2018	$428M	$256M – $1.1B	$700M (+64%)	after a round	–	unknown	C	0%
1 Apr 2018	$449M	$256M – $1.1B	$700M (+56%)	after a round	–	unknown	C	0%
1 May 2018	$472M	$256M – $1.1B	$700M (+48%)	after a round	–	unknown	C	0%
1 Jun 2018	$496M	$256M – $1.1B	$700M (+41%)	after a round	–	unknown	C	0%
1 Jul 2018	$520M	$256M – $1.1B	$700M (+35%)	after a round	–	unknown	C	0%
1 Aug 2018	$547M	$256M – $1.1B	$700M (+28%)	after a round	–	unknown	C	0%
1 Sep 2018	$575M	$256M – $1.1B	$700M (+22%)	after a round	–	unknown	C	0%
1 Oct 2018	$603M	$256M – $1.1B	$700M (+16%)	after a round	–	unknown	C	0%
1 Nov 2018	$634M	$256M – $1.1B	$700M (+10%)	after a round	–	unknown	C	0%
1 Dec 2018	$666M	$256M – $1.1B	$700M (+5%)	after a round	–	unknown	C	0%
19 Dec 2018	$556M	$365M – $930M	$611M (+10%)	after a round	–	unknown	B	0%
1 Jan 2019	$558M	$365M – $930M	$611M (+10%)	after a round	–	unknown	B	0%
1 Feb 2019	$562M	$365M – $930M	$611M (+9%)	after a round	–	unknown	B	0%
1 Mar 2019	$566M	$365M – $930M	$611M (+8%)	after a round	–	unknown	B	0%
1 Apr 2019	$571M	$365M – $930M	$611M (+7%)	after a round	–	unknown	B	0%
1 May 2019	$575M	$365M – $930M	$611M (+6%)	after a round	–	unknown	B	0%
1 Jun 2019	$580M	$365M – $930M	$611M (+5%)	after a round	–	unknown	B	0%
1 Jul 2019	$585M	$365M – $930M	$611M (+5%)	after a round	–	unknown	B	0%
1 Aug 2019	$589M	$365M – $930M	$611M (+4%)	after a round	–	unknown	B	0%
10 Aug 2019	$1.4B	$1.0B – $3.1B	$2.2B (+50%)	after a round	–	unknown	B	0%
1 Sep 2019	$1.5B	$1.0B – $3.1B	$2.2B (+46%)	after a round	–	unknown	B	0%
1 Oct 2019	$1.5B	$1.0B – $3.1B	$2.2B (+41%)	after a round	–	unknown	B	0%
1 Nov 2019	$1.6B	$1.0B – $3.1B	$2.2B (+37%)	after a round	–	unknown	B	0%
1 Dec 2019	$1.6B	$1.0B – $3.1B	$2.2B (+32%)	after a round	–	unknown	B	0%
1 Jan 2020	$1.7B	$1.0B – $3.1B	$2.2B (+28%)	after a round	–	unknown	B	0%
1 Feb 2020	$1.7B	$1.0B – $3.1B	$2.2B (+23%)	after a round	–	unknown	B	0%
1 Mar 2020	$1.8B	$1.0B – $3.1B	$2.2B (+19%)	after a round	–	unknown	B	0%
1 Apr 2020	$1.9B	$1.0B – $3.1B	$2.2B (+15%)	after a round	–	unknown	B	0%
1 May 2020	$1.9B	$1.0B – $3.1B	$2.2B (+12%)	after a round	–	unknown	B	0%
1 Jun 2020	$2.0B	$1.0B – $3.1B	$2.2B (+8%)	after a round	–	unknown	B	0%
1 Jul 2020	$2.1B	$1.0B – $3.1B	$2.2B (+4%)	after a round	–	unknown	B	0%
1 Aug 2020	$2.1B	$1.0B – $3.1B	$2.2B (+1%)	after a round	–	unknown	B	0%
1 Sep 2020	$2.2B	$980M – $3.1B	$2.2B (0%)	after a round	–	unknown	B	0%
1 Oct 2020	$2.2B	$939M – $3.1B	$2.2B (0%)	after a round	–	unknown	B	0%
1 Nov 2020	$2.2B	$898M – $3.1B	$2.2B (0%)	after a round	–	unknown	C	0%
1 Dec 2020	$2.2B	$861M – $3.1B	$2.2B (0%)	after a round	–	unknown	C	0%
1 Jan 2021	$2.2B	$823M – $3.1B	$2.2B (0%)	after a round	–	unknown	C	0%
1 Feb 2021	$2.2B	$788M – $3.1B	$2.2B (0%)	after a round	–	unknown	C	0%
1 Mar 2021	$2.2B	$757M – $3.1B	$2.2B (0%)	after a round	–	unknown	C	0%
1 Apr 2021	$2.2B	$724M – $3.1B	$2.2B (0%)	after a round	–	unknown	C	0%
21 Apr 2021	$2.0B	$1.7B – $3.0B	$2.6B (+30%)	after a round	–	unknown	A	0%
1 May 2021	$2.0B	$1.7B – $3.0B	$2.6B (+29%)	after a round	–	unknown	A	0%
1 Jun 2021	$2.1B	$1.7B – $3.0B	$2.6B (+26%)	after a round	–	unknown	A	0%
1 Jul 2021	$2.1B	$1.7B – $3.0B	$2.6B (+23%)	after a round	–	unknown	A	0%
9 Jul 2021	$2.4B	$1.7B – $3.7B	$2.6B (+10%)	after a round	–	unknown	B	0%
1 Aug 2021	$2.4B	$1.7B – $3.7B	$2.6B (+9%)	after a round	–	unknown	B	0%
1 Sep 2021	$2.4B	$1.7B – $3.7B	$2.6B (+8%)	after a round	–	unknown	B	0%
1 Oct 2021	$2.4B	$1.7B – $3.7B	$2.6B (+8%)	after a round	–	unknown	B	0%
1 Nov 2021	$2.5B	$1.7B – $3.7B	$2.6B (+7%)	after a round	–	unknown	B	0%
1 Dec 2021	$2.5B	$1.7B – $3.7B	$2.6B (+6%)	after a round	–	unknown	B	0%
1 Jan 2022	$2.5B	$1.7B – $3.7B	$2.6B (+5%)	after a round	–	unknown	B	0%
1 Feb 2022	$2.5B	$1.7B – $3.7B	$2.6B (+4%)	after a round	–	unknown	B	0%
1 Mar 2022	$2.5B	$1.7B – $3.7B	$2.6B (+3%)	after a round	–	unknown	B	0%
1 Apr 2022	$2.6B	$1.7B – $3.7B	$2.6B (+3%)	after a round	600	unknown	B	0%
1 May 2022	$2.6B	$1.7B – $3.7B	$2.6B (+2%)	after a round	600	unknown	B	0%
1 Jun 2022	$2.6B	$1.7B – $3.7B	$2.6B (+1%)	after a round	600	unknown	B	0%
1 Jul 2022	$2.6B	$1.7B – $3.7B	$2.6B (0%)	after a round	600	unknown	B	0%
1 Aug 2022	$2.6B	$1.6B – $3.7B	$2.6B (0%)	after a round	600	unknown	B	0%
1 Sep 2022	$2.6B	$1.5B – $3.7B	$2.6B (0%)	after a round	600	unknown	B	0%
1 Oct 2022	$2.6B	$1.5B – $3.7B	$2.6B (0%)	after a round	600	unknown	B	0%
1 Nov 2022	$2.6B	$1.4B – $3.7B	$2.6B (0%)	after a round	600	unknown	B	0%
1 Dec 2022	$2.6B	$1.3B – $3.7B	$2.6B (0%)	after a round	600	unknown	B	0%
1 Jan 2023	$1.9B	$1.3B – $3.1B	$1.2B (-40%)	after a round	330	shrinking	B	97%
1 Feb 2023	$1.8B	$1.2B – $3.1B	$1.1B (-40%)	after a round	330	shrinking	B	97%
1 Mar 2023	$1.8B	$1.1B – $3.1B	$1.1B (-40%)	after a round	330	shrinking	B	97%
1 Apr 2023	$1.7B	$1.1B – $3.0B	$1.0B (-40%)	after a round	330	shrinking	B	97%
1 May 2023	$1.6B	$1.0B – $3.0B	$981M (-40%)	after a round	330	shrinking	B	97%
1 Jun 2023	$1.6B	$985M – $2.9B	$940M (-40%)	after a round	330	shrinking	B	97%
1 Jul 2023	$1.5B	$937M – $2.9B	$903M (-40%)	after a round	330	shrinking	B	97%
1 Aug 2023	$1.4B	$891M – $2.6B	$814M (-43%)	after a round	330	shrinking	B	97%
1 Sep 2023	$1.4B	$847M – $2.6B	$779M (-43%)	after a round	330	shrinking	B	97%
1 Oct 2023	$1.3B	$806M – $2.5B	$745M (-43%)	after a round	190	shrinking	B	97%
5 Oct 2023	$750M	$493M – $1.2B	$755M (+1%)	after a round	190	shrinking	B	97%
1 Nov 2023	$750M	$493M – $1.2B	$732M (-2%)	after a round	190	shrinking	B	97%
1 Dec 2023	$751M	$493M – $1.2B	$707M (-6%)	after a round	190	shrinking	B	97%
1 Jan 2024	$751M	$493M – $1.2B	$682M (-9%)	after a round	190	shrinking	B	97%
1 Feb 2024	$734M	$481M – $1.1B	$642M (-13%)	after a round	170	shrinking	B	97%
1 Mar 2024	$735M	$481M – $1.1B	$621M (-15%)	after a round	170	shrinking	B	97%
1 Apr 2024	$735M	$481M – $1.1B	$599M (-18%)	after a round	170	shrinking	B	97%
1 May 2024	$735M	$481M – $1.1B	$579M (-21%)	after a round	170	shrinking	B	97%
1 Jun 2024	$736M	$481M – $1.1B	$558M (-24%)	after a round	170	shrinking	B	97%
1 Jul 2024	$736M	$481M – $1.1B	$539M (-27%)	after a round	170	shrinking	B	97%
1 Aug 2024	$749M	$481M – $1.1B	$620M (-17%)	after a round	170	down	B	89%
1 Sep 2024	$764M	$481M – $1.2B	$630M (-18%)	after a round	170	down	B	82%
1 Oct 2024	$780M	$481M – $1.2B	$641M (-18%)	after a round	170	down	B	76%
1 Nov 2024	$782M	$459M – $1.2B	$634M (-19%)	after a round	170	down	B	70%
1 Dec 2024	$783M	$437M – $1.2B	$644M (-18%)	after a round	170	down	B	64%
1 Jan 2025	$785M	$415M – $1.3B	$655M (-17%)	after a round	170	down	B	59%
1 Feb 2025	$788M	$394M – $1.3B	$666M (-15%)	after a round	170	down	B	54%
1 Mar 2025	$792M	$377M – $1.3B	$677M (-14%)	after a round	170	down	C	50%
1 Apr 2025	$795M	$358M – $1.3B	$688M (-13%)	after a round	170	down	C	46%
1 May 2025	$799M	$347M – $1.3B	$699M (-13%)	after a round	170	flat	C	42%
1 Jun 2025	$804M	$331M – $1.4B	$709M (-12%)	after a round	170	flat	C	39%
1 Jul 2025	$802M	$314M – $1.4B	$714M (-11%)	after a round	164	flat	C	36%
1 Aug 2025	$810M	$301M – $1.4B	$727M (-10%)	after a round	167	flat	C	33%
1 Sep 2025	$814M	$287M – $1.4B	$737M (-10%)	after a round	167	flat	C	30%
1 Oct 2025	$825M	$276M – $1.4B	$752M (-9%)	after a round	172	flat	C	28%
1 Nov 2025	$825M	$253M – $1.4B	$738M (-11%)	after a round	175	flat	C	26%
1 Dec 2025	$830M	$241M – $1.4B	$742M (-11%)	after a round	175	flat	C	24%
1 Jan 2026	$835M	$229M – $1.4B	$746M (-11%)	after a round	175	flat	C	22%
1 Feb 2026	$840M	$218M – $1.4B	$750M (-11%)	after a round	175	flat	C	20%
1 Mar 2026	$845M	$208M – $1.4B	$755M (-11%)	after a round	175	flat	C	18%
1 Apr 2026	$834M	$194M – $1.4B	$742M (-11%)	after a round	161	flat	C	17%
1 May 2026	$658M	$182M – $1.4B	$515M (-22%)	after a round	149	down	D	46%
1 Jun 2026	$656M	$173M – $1.4B	$511M (-22%)	after a round	149	flat	D	45%
1 Jul 2026	$648M	$164M – $1.4B	$501M (-23%)	after a round	149	flat	D	45%
1 Aug 2026	$641M	$156M – $1.4B	$491M (-23%)	after a round	149	flat	D	45%
1 Sep 2026	$634M	$148M – $1.4B	$481M (-24%)	after a round	149	flat	D	45%
1 Oct 2026	$447M	$140M – $1.4B	$289M (-35%)	after a round	143	down	D	84%
24 Oct 2026	$336M	$113M – $1.4B	$231M (-31%)	after a round	143	down	D	84%

Key facts about Clearco

Founded: 2015
Headquarters: Toronto, Canada
Employees: about 143 -17% in a year
Total raised: $1.15B
Funding rounds: 8
Last round: Debt Aug 2026

Clearco was founded in 2015 by Andrew D'Souza and Michele Romanow.

Clearco funding history

Clearco has 8 funding rounds on record, from Jan 2018 to Aug 2026, $1.15B in total. The latest disclosed valuation is $2.00B post-money (Series C, Apr 2021).

Debt 18 Aug 2026no round page
Led by Macquarie.
Sources: clear.co, prnewswire.com, quasa.io and 1 more
$100M
Series D 4 Oct 2023
Led by Inovia, Founders Circle Capital.
Sources: prnewswire.com, techcrunch.com, pulse2.com and 4 more
$60M
Growth Equity 8 Jul 2021
Led by SoftBank Vision Fund; with Intuit, Bow Capital, Park West.
Sources: fintechfutures.com
$215M
Series C 20 Apr 2021
Led by Oak HC/FT; with Founders Circle Capital, Credigy.
Sources: prnewswire.com, osler.com, pymnts.com and 1 more
$100M
$2.00B post-money
Debt 1 Oct 2019no round page
With Credigy.
$250M
Series B 9 Aug 2019
Led by Highland Capital; with Inovia, Emergence Capital, Arcadia Funds, Upper90.
Sources: finsmes.com
$300M
Growth Equity 18 Dec 2018
Led by Upper90.
Sources: globenewswire.com, techcrunch.com, brainstation.io and 3 more
$50M
Series A 1 Jan 2018
With Emergence Capital, Social Capital, Treville Capital Group, Founders Fund, 8VC.
Sources: techcrunch.com
$70M

Clearco investors

17 investors have backed Clearco; Founders Circle Capital, Inovia and Upper90 and 4 more led at least one round.

What Clearco does

Clearco works in loans & financing, with 10 recorded offerings and customers in ecommerce and saas.

CFT Clear Finance Technology Corp., known as Clearco, is a Canadian financial technology company that provides funding solutions for direct-to-consumer ecommerce and SaaS businesses. The company offers funding products such as fixed and rolling funding capacity, invoice funding, and cash advances, supporting businesses in areas including inventory management, product launches, and advertising. Clearco also utilizes AI-supported underwriting and maintains strategic partnerships to facilitate its operations.

Description from Veridion's company data.

Products and services

Business Funding Solutions Delivery
Ecommerce Business Funding Services
SaaS Business Funding Services
Fixed Funding Capacity Services
Rolling Funding Capacity Services
Invoice Funding Services
Cash Advance Services
AI-Powered Funding Underwriting Services
Strategic Partnership Funding Services
Growth Capital Consulting Services

Markets

Ecommerce
SaaS

Technology

AI-Supported Underwriting

Business model

Business-to-Business
Service Provider
Software-as-a-Service

Industry codes (NAICS)

522299 International, Secondary Market, and All Other Nondepository Credit Intermediation 100% match

Questions about Clearco

What is Clearco worth?

Valuation $336M (range $113M to $1.4B), as of 24 Oct 2026. The last disclosed valuation was $2.00B (Series C, Apr 2021).

Has Clearco raised money?

Clearco has 8 funding rounds on record, from Jan 2018 to Aug 2026, $1.15B in total. The latest disclosed valuation is $2.00B post-money (Series C, Apr 2021).

Who has invested in Clearco?

Founders Circle Capital, Inovia, Upper90, Highland Capital, Macquarie and Oak HC/FT, and 11 more. Lead investors include Founders Circle Capital, Inovia, Upper90 and Highland Capital.

How many people work at Clearco?

About 143, down 17% over the last year. Headcount fell from 600 in Apr 2022 to 143 in Sep 2026.

What does Clearco do?

Clearco works in loans & financing, with 10 recorded offerings and customers in ecommerce and saas. Its main offerings are business funding solutions delivery, ecommerce business funding services and saas business funding services.

When was Clearco founded, and where is it based?

Clearco was founded in 2015 and is based in Toronto, Canada. It has about 143 employees, down 17% over the last year.

How we value companies Report an issue

Clearco valuation, funding and investors

Clearco valuation today

Key facts about Clearco

Clearco funding history

Debt 18 Aug 2026no round page

Series D 4 Oct 2023

Growth Equity 8 Jul 2021

Series C 20 Apr 2021

Debt 1 Oct 2019no round page

Series B 9 Aug 2019

Growth Equity 18 Dec 2018

Series A 1 Jan 2018