Clearco

Clearco is a Canadian fintech company founded in 2015 by Michele Romanow and Andrew D'Souza, headquartered in Toronto. Originally known as Clearbanc, the company rebranded in 2021 to highlight its focus on long-term partnerships beyond financing. Clearco specializes in non-dilutive revenue-share agreements for startups, utilizing Artificial Intelligence to evaluate potential investments based on ad spend and unit economics. The company offers equity-free investments ranging from $10,000 to $10 million, providing a unique funding model that emphasizes revenue growth rather than equity ownership. Clearco's technology-driven approach streamlines the funding process, allowing for rapid decisions and increasing access to capital for underrepresented groups. With a portfolio of over 7,000 funded companies across various sectors, Clearco has a reported success rate exceeding 90%. The company also provides fast approval times, flexible repayment terms, and dedicated account management to support its clients.

Financial Services Toronto, Canada Founded 2015 ~141 employees Private · Series D

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Employees
141
0% in the 3 months to Jun 2025
Revenue / employee
$709K
Revenue ~$100M
Total funding
$1.3B
Last round Series D, Oct 2023
12-month attrition
29.1%
Tech: 25.6%
H1B sponsor
NA
Open jobs
4
Last 30 days

Headcount trend

Clearco went from 150 employees in Jul 2023 to 141 in Jun 2025. Jan to Jun 2025: 18 people joined, 17 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Engineering42
Other38
Sales22
Operations18
Finance6
Product5
HR3
Design3

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Funding

  • Oct 2023 · Series D · $60M · Inovia Capital, Founders Circle Capital, Pollen Street Capital
  • Jul 2021 · Series C · $215M · SoftBank Vision Fund II, Bow Capital
  • Apr 2021 · Series C · $125M · Oak HC/FT, Founders Circle
  • Apr 2021 · Debt Financing · $250M · Oak HC/FT, Founders Circle
  • Oct 2020 · $588M
  • Jul 2019 · Series B · $65M · Highland Capital Partners, Inovia Capital, Emergence Capital Partners
  • Nov 2018 · Series A · $70M · 8VC, Real Ventures, Founders Fund

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Clearco FAQ

How many employees does Clearco have?

Clearco has about 141 employees, unchanged over the 3 months to Jun 2025.

What is Clearco's revenue per employee?

Clearco makes about $709K in revenue per employee, based on $100M annual revenue and 141 employees.

How much funding has Clearco raised?

Clearco has raised $1.33B in total funding; its latest round was Series D in Oct 2023.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.