CompanyFintechAi
Clearco
Clearco is a Toronto-based fintech that gives ecommerce and direct-to-consumer brands fast, non-dilutive growth capital - founders raise money without giving up equity or signing personal guarantees. Using AI to read revenue, marketing spend and sales data, Clearco offers cash advances, invoice funding and rolling capacity repaid as a share of revenue. Founded in 2015 as Clearbanc by Michele Romanow and Andrew D'Souza, the company has deployed more than $3 billion to over 10,000 brands and, after a 2023 recapitalization, relaunched a rebuilt funding platform under CEO Andrew Curtis.
2015Founded
TorontoHQ
$60M (also reported as ~$160M debt + equity)Series D / Recapitalization
clearcoclearbancrevenue-based financingnon-dilutive fundingecommerce fundingdtc