Clearco: Funding, Investors & Team (Sep 2026)
Clearco is a suite of performance financing products and services tailor-made for founders in all stages of their journey. A pay-as-you-grow pioneer and e-commerce investor, Clearco's mission is to remove the barriers between brilliant ideas, and brilliant businesses. Clearco, formerly known as Clearbanc was founded in 2015 by Andrew D’Souza and Michele Romanow and is headquartered in Toronto, Ontario, Canada.
Clearco has raised $315M across 2 funding rounds on record, the most recent an undisclosed round of $100M announced in Oct 2023.
That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Clearco Company Profile and Key Stats
Latest funding round on record: Oct 2023.
Clearco Funding Rounds
Clearco raised $215M in a Series C announced in Jul 2021.
2.3 years later, an undisclosed round of $100M was announced in Oct 2023.
Clearco Founders and Leadership Team
Contact details for the Clearco team: 1 of 2 have an email address on file.
Start 14-day free trial →Clearco Funding Compared to Other Commerce and Shopping Startups
Clearco's latest round of $100M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
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Clearco Funding FAQs
What does Clearco do?
Clearco is a suite of performance financing products and services tailor-made for founders in all stages of their journey. A pay-as-you-grow pioneer and e-commerce investor, Clearco's mission is to remove the barriers between brilliant ideas, and brilliant businesses. Clearco, formerly known as Clearbanc was founded in 2015 by Andrew D’Souza and Michele Romanow and is headquartered in Toronto, Ontario, Canada.
How much funding has Clearco raised?
Clearco has raised $315M across 2 rounds on record. The most recent is an undisclosed round of $100M announced in Oct 2023.
When did Clearco last raise funding?
Clearco's most recent funding round on record is an undisclosed round of $100M, announced in Oct 2023.
Who is the CEO of Clearco?
Andrew D'Souza is listed as CEO at Clearco.
Where is Clearco headquartered?
Clearco is based in Toronto, Ontario, Canada.
How many employees does Clearco have?
Clearco is in the 251-500 employee band.
How does Clearco's funding compare to other Commerce and Shopping startups?
Clearco's latest round of $100M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's Clearco Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Clearco is left off this page rather than filled in.
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