Clearbanc
Builders in Fintech has recorded 2 equity rounds for Clearbanc, most recently a growth round of $300M on 9 August 2019.
Added ·
- $370M
- Growth · $300M · 9 August 2019
Timeline
Growth · $300M
Growth · $70M · CoVenture, Emergence Capital, Founders Fund, Social Capital
All funding rounds in the database
Product
Revenue-based funding for e-commerce brands
Lending infrastructure
Clearco, formerly Clearbanc, provides non-dilutive funding to e-commerce and direct-to-consumer brands. Instead of equity, businesses receive capital to pay for inventory and marketing and repay it from future revenue, with decisions based on data from their sales, payments and advertising accounts rather than personal guarantees.
Description from the company website · Source
Similar companies
Construction fintech