About Clearco

The startup offers an online financial platform that utilizes proprietary software and data science models to identify high-growth funding opportunities for e-commerce companies. By providing growth capital in exchange for a revenue share, the platform enables startups to access funding without diluting equity.

```xml <problem> E-commerce businesses often face challenges in managing cash flow, particularly when needing to fund invoices and receipts for inventory, marketing, and operations. Traditional funding options may require equity dilution or pledging collateral, which can be undesirable for founders. </problem> <solution> Clearco provides e-commerce brands with working capital to fund invoices and receipts, offering a non-dilutive funding solution without requiring collateral or personal guarantees. The platform enables businesses to manage cash flow and reinvest in growth by providing capital for inventory, marketing, shipping, and logistics. Clearco's funding model features capped weekly payments and customized scoring based on a business's performance to optimize funding fees and payment terms. By connecting revenue accounts to the platform, e-commerce businesses can quickly determine their funding capacity and begin uploading invoices or receipts for rapid funding, often within 24 hours. </solution> <features> - Invoice funding for timely payments to suppliers, ensuring a positive supplier relationship - Receipt funding for marketing bills, allowing for continuous campaign execution - Funding for shipping and logistics to maintain smooth operations and timely customer deliveries - Custom scoring system that adapts to a business's performance to optimize funding fees - Integration with e-commerce platforms like Shopify, Amazon, Stripe, Square, and PayPal - Fast funding process, with capital available in as little as 24 hours - Intuitive platform for easy connection of revenue accounts and invoice/receipt uploads </features> <target_audience> Clearco primarily serves e-commerce businesses with at least 12 months of revenue greater than $10,000 USD per month, incorporated in the United States, and possessing a valid US checking bank account. </target_audience> ```

What does Clearco do?

When was Clearco founded?

Clearco was founded in 2015.

How much funding has Clearco raised?

Clearco has raised 1000000.

Founded

2015

Funding

1000000

Employees

177 employees

Major Investors

Inovia Capital, Founders Circle Capital

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Clearco

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

clear.co 30K+

Crunchbase

Founded 2015

Funding

Estimated Funding

$1M+

Major Investors

Inovia Capital, Founders Circle Capital

Team (100+)

No team information available.

Company Description

Problem

E-commerce businesses often face challenges in managing cash flow, particularly when needing to fund invoices and receipts for inventory, marketing, and operations. Traditional funding options may require equity dilution or pledging collateral, which can be undesirable for founders.

Solution

Clearco provides e-commerce brands with working capital to fund invoices and receipts, offering a non-dilutive funding solution without requiring collateral or personal guarantees. The platform enables businesses to manage cash flow and reinvest in growth by providing capital for inventory, marketing, shipping, and logistics. Clearco's funding model features capped weekly payments and customized scoring based on a business's performance to optimize funding fees and payment terms. By connecting revenue accounts to the platform, e-commerce businesses can quickly determine their funding capacity and begin uploading invoices or receipts for rapid funding, often within 24 hours.

Features

Invoice funding for timely payments to suppliers, ensuring a positive supplier relationship

Receipt funding for marketing bills, allowing for continuous campaign execution

Funding for shipping and logistics to maintain smooth operations and timely customer deliveries

Custom scoring system that adapts to a business's performance to optimize funding fees

Integration with e-commerce platforms like Shopify, Amazon, Stripe, Square, and PayPal

Fast funding process, with capital available in as little as 24 hours

Intuitive platform for easy connection of revenue accounts and invoice/receipt uploads

Target Audience

Clearco primarily serves e-commerce businesses with at least 12 months of revenue greater than $10,000 USD per month, incorporated in the United States, and possessing a valid US checking bank account.