Clearco Raises $215M USD in Funding
- Clearco, a Toronto, Canada-based e-commerce investor focused on giving founders opportunities to grow their businesses, raised $215M in funding.
- The round was led by new investor SoftBank Vision Fund 2 with participation from Intuit, Bow Capital and Park West
- The company intends to use the funds to continue to expand its international footprint and operations and grow its suite of products
- The company provides a suite of performance financing products and services tailor made to help founders retain ownership
- The company has financed over 5500 companies to date, including Leesa Sleep, fashion-rental service Le Tote, home goods company Public Goods
- The team also includes: Ruma Bose, Chief Growth Officer, Sarah Clark, Head of UK, Satwik Seshasai, Chief Technology Officer