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Michele Romanow’s Clearbanc hits unicorn status, raising US$100-million at nearly US$2-billion valuation Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Christopher Katsarov
Michele Romanow has launched a caviar fishery, an online coupon service and become one of Canada’s most recognizable entrepreneurs and investors as a star of TV’s
Dragon’s Den. Now, for the first time, she has built a unicorn.
On Tuesday, Ms. Romanow and her life and business partner Andrew D’Souza announced their e-commerce merchant financing company Clear Finance Technology Corp. has raised US$100-million in equity, valuing their company at close to US$2-billion. (Tech startups that achieve valuations of US$1-billion are typically called “unicorns”). Other new investors include executives fro