By Founders, for Founders.

We’re on a mission to make data-driven, bias-free investing the standard for e-commerce Founders. You in?

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Clearco founder dinner crowd
clearco employee
Meet your team
Michele Romanow

Michele Romanow

CEO & Co-Founder

This serial entrepreneur became the youngest Dragon to join the hit show Dragons’ Den (Canada’s Shark Tank). She’s been named on Forbes’ “Millennial on a Mission” list and ranked in WXN’s “100 Most Powerful in Canada”. For Michele, the sky’s the limit and she’s paving the way for all Founders through accessible funding.

Andrew D’Souza

Andrew D’Souza

Executive Chairman & Co-Founder

Andrew has raised hundreds of millions of dollars in venture capital. He’s an advisor and investor to WealthSimple, Properly, and Tulip Retail (to name a few). Formerly the president of Nymi and COO of TopHat, Andrew’s knowledge and expertise is deeply embedded in every part of Clearco.

Ivan Gritsiniak

Interim CFO and Co-Founder

Ivan has raised over $400M USD for Clearco Founders. He’s overseen complicated audits and multi-million dollar budget decisions. His background in economics, with a specialization in finance and econometrics, make him someone you want in your corner (and we’re glad to have him in ours).

2015
2015

Michele pitches the revenue-share model live on Dragons’ Den. This sparks the idea for Clearbanc.

Michele, Andrew, Ivan, Tanay, and Charlie

Michele, Andrew, Ivan, Tanay, and Charlie build Clearbanc in their Toronto apartment.

The team starts funding Uber drivers and other freelancers

2016

Goes live in the USA

2017

Starts funding AirBnB hosts

Team grows and moves into office

2018

Pivots to current model of funding 
e-commerce Founders

Raises $15M in Series A funding led by Emergence and Social Capital

2019

Raises $30M in Series B funding led by Highland Capital

2020

Launches in the UK

Provides fast funding to help Founders during pandemic as VC funding slows

2021

Raises $125M in Series C funding led by SoftBank Vision Fund

Launches in Australia

Raises $60M in Series C extension

Clearbanc rebrands to Clearco

Valuation rises to $2B

2022

Partners with Indiegogo to launch $10M Creators Fund

Launches in Ireland and Germany

Clear Crew grows to 500+ and keeps growing

8X
FASTER GROWTH ACHIEVED WITH CLEARCO FUNDING
25X
MORE WOMEN FUNDED VS VENTURE CAPITAL
7X
MORE LGBTQIA+ IDENTIFYING FOUNDERS FUNDED VS VENTURE CAPITAL
9X
MORE BLACK-OWNED BUSINESS FUNDED VS VENTURE CAPITAL

These Founders said it best.

Kevin Gould, Co-founder of Glamnetic

"Clearco’s structure is very appealing because you’re getting capital extremely fast, not having to personally guarantee it, not having to submit a ton of paperwork, and as long as you have some consistency across the business, you can renew your capital indefinitely."

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Kevin Gould, Co-founder of Glamnetic

"Clearco’s structure is very appealing because you’re getting capital extremely fast, not having to personally guarantee it, not having to submit a ton of paperwork, and as long as you have some consistency across the business, you can renew your capital indefinitely."

Read the case study

Victor Tam, Co-Founder & CEO

"The capital from Clearco allowed us to keep our foot on the gas pedal, to remain aggressive, and prevented us from slowing down at all."

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Bunny Ghatrora, Co-Founder & COO of Blume

“The most compelling factor about Clearco is the simplicity, the speed, and the fact we don’t have to give up any equity—it’s a really important aspect for Founders.”

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Josh Pierce, Co-Founder & COO of Jaxxon

"The Clearco team was more than open to building out a custom fee and payback structure that made the most sense for us. It is priceless - that feeling that they actually want you to win."

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Katie Kaps, Co-Founder & Co-CEO of HigherDOSE

"Clearco’s dashboards, KPIs, and data, have been extremely useful for me in growing the business. It helped direct me where to look and how to benchmark. They’ve given me a big leg up in terms of coming up to speed with the different e-commerce metrics to focus on."

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Miki Agrawal, Founder of Tushy

"Clearco’s team was so easy to work with - the whole experience was lovely. Getting the capital was as easy as 1, 2, 3."

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Let’s start growing your business. Your way.

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