Tech Company Financing Transactions
Clearbanc Funding Round
Clearbanc, based in Toronto ON, secured $70 million from 8VC, Berggruen Holdings and CoVenture.
Transaction Overview
Company Name
Announced On
11/13/2018
Transaction Type
Venture Equity
Amount
$70,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
1 York St. 15th Floor
Toronto ON, M5J 2L9
Canada
Toronto ON, M5J 2L9
Canada
Phone
Website
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.
Management Team
Title
Name
Email & Social
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