Clutch: Funding, Investors & Team (Sep 2026)
Clutch is a Toronto-based technology company that is reinventing the way people buy and own cars. Clutch offers high-quality certified vehicles at great prices through a fully online customer experience. At Clutch.ca, customers browse inventory online, buy the car that’s right for them, and enjoy effortless at-home delivery. Clutch’s mission is to provide customers with a delightful car buying experience by offering high-quality cars at great prices with ultimate convenience while making a positive impact on the communities in which it operates.
Clutch has raised $219M across 5 funding rounds on record, the most recent a Series D of $34.9M announced in Feb 2025.
That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Clutch Company Profile and Key Stats
Latest funding round on record: Feb 2025.
Clutch Funding Rounds
Clutch raised $16.1M in a Series A announced in Apr 2021.
1.1 years later, a Debt Financing of $150M was announced in May 2022.
1.2 years later, an undisclosed round of $8.0M was announced in Jul 2023.
1 years later, an undisclosed round of $10.0M was announced in Jul 2024.
7 months later, a Series D of $34.9M was announced in Feb 2025.
Clutch Founders and Leadership Team
Contact details for the Clutch team: 2 of 5 have an email address on file.
Start 14-day free trial →Clutch Funding Compared to Other Commerce and Shopping Startups
Clutch's latest round of $34.9M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Clutch in Commerce and Shopping and Toronto
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Clutch Funding FAQs
What does Clutch do?
Clutch is a Toronto-based technology company that is reinventing the way people buy and own cars. Clutch offers high-quality certified vehicles at great prices through a fully online customer experience. At Clutch.ca, customers browse inventory online, buy the car that’s right for them, and enjoy effortless at-home delivery. Clutch’s mission is to provide customers with a delightful car buying experience by offering high-quality cars at great prices with ultimate convenience while making a positive impact on the communities in which it operates.
How much funding has Clutch raised?
Clutch has raised $219M across 5 rounds on record. The most recent is a Series D of $34.9M announced in Feb 2025.
When did Clutch last raise funding?
Clutch's most recent funding round on record is a Series D of $34.9M, announced in Feb 2025.
Who founded Clutch?
FundedIQ lists Alon Cohen (Founder), Marwan El Adrham (Founder), Stephen Seibel (Founder) at Clutch.
Who is the CEO of Clutch?
Dan Park is listed as CEO at Clutch.
Where is Clutch headquartered?
Clutch is based in Toronto, Ontario, Canada.
How many employees does Clutch have?
Clutch is in the 251-500 employee band.
How does Clutch's funding compare to other Commerce and Shopping startups?
Clutch's latest round of $34.9M 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 Clutch 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 Clutch is left off this page rather than filled in.
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