Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > March 2023 VC Transactions
Clerk

Tech Company Financing Transactions

Clerk Funding Round

Clerk, operating out of San Francisco, scored $15 million from Madrona Venture Group, Andreessen Horowitz and Fathom Capital.

Transaction Overview

Company Name

Clerk

Announced On

3/22/2023

Transaction Type

Venture Equity

Amount

$15,000,000

Round

Series A

Investors

Madrona Venture Group (Lead Investor) (Karan Mehandru)

Andreessen Horowitz

Fathom Capital

private investors (Dave Wilner)

private investors (Guillermo Rauch)

Mango Capital

s28 Capital

Proceeds Purpose

The company intends to use the funds to actively hire across product and engineering roles and accelerate its roadmap beyond authentication. It aims to help developers with authorization, which requires knowledge of a user's role and permissions, as well as their billing plan and entitlements. Clerk will bind these systems together, while also empowering React developers to build authorization controls for their end-users.

Company Information

Company Status

Private & Independent

Industry

Artificial Intelligence

Mailing Address

660 King St. 203
San Francisco, CA 94107
USA

Phone

Undisclosed

Website

www.clerk.dev

Email Address

[email protected]

Overview

Far too often, poor user management stands between users and products. From forgotten passwords and failed account de-duplication, to broken and out-of-sync vendor integrations -- there's a lot that can go wrong. Clerk solves user management so developers can stop re-inventing the wheel and focus on their core business.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Colin Sidoti

Chief Technical Officer

Braden Sidoti

Browse more venture capital transactions:

Prev: 3/22/2023: dope.security venture capital transaction
Next: 3/22/2023: Backslash Security venture capital transaction

Share this article

News on VC Transactions

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary