What Does Clearco Do?

Total employees171
HeadquartersToronto
Founded2015

Clearco (formerly Clearbanc) is a fintech company revolutionizing how founders grow their businesses. They provide non-dilutive growth capital solutions, primarily for e-commerce, SaaS, and mobile app companies. Clearco's model uses AI to assess business health and revenue potential, offering funding based on performance rather than traditional equity stakes. Their products aim to empower entrepreneurs with fast, flexible capital to scale marketing, inventory, and other operational expenses, without giving up ownership.

Where Is Clearco's Headquarters?

HQ Function

Serves as the primary hub for Clearco's global operations, strategic decision-making, product development, engineering, and core corporate functions.

Notable Features:

Located in a vibrant tech and business district of Toronto, likely featuring modern office amenities designed for collaboration and innovation.

Work Culture:

Known for a fast-paced, entrepreneurial, and data-driven environment. Emphasis on innovation in financial technology and supporting the growth of online businesses. Recent restructuring may have shifted focus towards efficiency and sustainable growth.

HQ Significance:

The Toronto headquarters anchors Clearco in a major North American tech hub, providing access to talent, venture capital, and a supportive ecosystem for fintech innovation.

Values Reflected in HQ: The headquarters likely reflects values of innovation, collaboration, efficiency, and founder-centricity through its design and operational setup.

Location:

While headquartered in Canada, Clearco's platform and funding solutions are designed to support online businesses globally. They have historically served founders in multiple countries, including the United States, Canada, the United Kingdom, Ireland, Netherlands, and Australia. Their operational focus may shift based on market conditions and strategic priorities, with a strong digital presence allowing them to reach entrepreneurs worldwide.

Street Address:

333 King Street East

City:

Toronto

State/Province:

Ontario

Country:

Canada

Where Else Does Clearco Operate Around the World?

Dublin, Ireland

Address: Information on specific street address varies, often flexible/co-working spaces for international teams.

To establish a strong presence in Europe, tap into the European tech ecosystem, and provide localized support. Note: Clearco has undergone restructuring which may have impacted the scale of its international physical offices.

London, United Kingdom

Address: Specific street address may vary, often utilizing flexible office solutions.

To cater specifically to the dynamic UK e-commerce and SaaS landscape, offering tailored funding solutions. Similar to Dublin, recent restructurings may have altered the operational footprint.

Buying Intent Signals for Clearco

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Clearco? Meet the Executive Team

As of April 2025, Clearco' leadership includes:

Andrew D'Souza - Co-Founder & CEO
Michele Romanow - Co-Founder & President
Satraj Bambra - Chief Product & Technology Officer
Curtis G Northcutt - Chief Scientist
Ruma Bose - Chief Growth Officer (Interim)

Who's Investing in Clearco?

Clearco has been backed by several prominent investors over the years, including:

SoftBank Vision Fund 2
Intuit Ventures
OMERS Ventures
Founders Fund
Revolution Ventures
Highland Capital Partners
Inovia Capital
Emergence Capital
Think Ventures
Epic Ventures

What Leadership Changes Has Clearco Seen Recently?

Hire1
Exits1

Clearco has seen significant leadership changes and restructuring over the past 12-18 months, including a CEO transition and adjustments to its executive team to align with strategic shifts towards profitability and sustainable growth. Layoffs in 2022 and 2023 also impacted the broader leadership structure.

Departures

Michele Romanow, Michele Romanow transitioned from CEO to President, focusing on co-founder duties and strategic initiatives.

New Appointments:

Andrew D'Souza, Andrew D'Souza, co-founder, became the sole CEO of Clearco.
Ruma Bose, Ruma Bose joined Clearco as Interim Chief Growth Officer.

What Technology (Tech Stack) Is Used byClearco?

Discover the tools Clearco uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Clearco Email Formats and Examples

Clearco commonly uses the [first].[last]@clear.co or [first_initial][last]@clear.co email formats. Variations might exist for specific departments or roles.

[first].[last]@clear.co or [f][last]@clear.co

Format

jane.doe@clear.co or jdoe@clear.co

Example

80%

Success rate

What's the Latest News About Clearco?

BetaKit2024-02-06

Clearco News Title: Clearco Claims Profitability Following Layoffs, Wind-Down of International Operations

Clearco CEO Andrew D'Souza stated the company achieved profitability in Q4 2023 after significant layoffs and scaling back international operations. The company is now focusing on sustainable growth in core markets....more

The Globe and Mail2023-07-18

Clearco News Title: Clearco lays off more staff, names interim chief growth officer in second restructuring this year

Clearco conducted another round of layoffs, reducing its workforce by nearly 30%, and appointed Ruma Bose as interim chief growth officer. This followed earlier cuts and Michele Romanow stepping down as CEO....more

TechCrunch2023-01-31

Clearco News Title: Canada’s Clearco lays off more staff, co-founder Michele Romanow steps down as CEO

Clearco laid off 30% of its remaining staff, and co-founder Michele Romanow stepped down as CEO, with Andrew D’Souza becoming the sole CEO. This marked a significant restructuring for the company....more

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