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.
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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
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- 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.