Tech Company Financing Transactions

Clearbanc Funding Round

On 8/1/2019, Clearbanc received $50 million in funding from Highland Capital Partners, Arcadia and Emergence Capital Partners.

Transaction Overview

Company Name
Announced On
8/1/2019
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Proceeds Purpose
The investment will be used to expand into new verticals beyond e-commerce and to launch a venture partner program, which will give its portfolio of founders access to experienced investors and operators, a resource a traditional venture capital fund typically provides its entrepreneurs.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
1 York St. 15th Floor
Toronto ON, M5J 2L9
Canada
Email Address
Overview
Clearbanc invests in entrepreneurs to help them grow their web-enabled businesses. Launched in 2015, Clearbanc uses proprietary underwriting technology to offer more capital at quicker speeds and more flexible terms than other financing alternatives.
Profile
Clearbanc LinkedIn Company Profile
Social Media
Clearbanc Company Twitter Account
Company News
Clearbanc News
Facebook
Clearbanc on Facebook
YouTube
Clearbanc on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andrew D'Souza
  Andrew D'Souza LinkedIn Profile  Andrew D'Souza Twitter Account  Andrew D'Souza News  Andrew D'Souza on Facebook
Founder
Charlie Feng
  Charlie Feng LinkedIn Profile  Charlie Feng Twitter Account  Charlie Feng News  Charlie Feng on Facebook
President
Michele Romanow
  Michele Romanow LinkedIn Profile  Michele Romanow Twitter Account  Michele Romanow News  Michele Romanow on Facebook
VP - Finance
Ivan Gritsiniak
  Ivan Gritsiniak LinkedIn Profile  Ivan Gritsiniak Twitter Account  Ivan Gritsiniak News  Ivan Gritsiniak on Facebook
VP - Product Management
Tanay Delima
  Tanay Delima LinkedIn Profile  Tanay Delima Twitter Account  Tanay Delima News  Tanay Delima on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/1/2019: Altitude Networks venture capital transaction
Next: 8/1/2019: Recogni venture capital transaction

 

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