Digital Commerce Investor Clearbanc Rebrands to Clearco, Company Announces $100M in New Series C Equity Funding
April 21, 2021 @ 9:41 pm By Omar Faridi
Clearbanc, a leading digital commerce investor and the company “revolutionizing the way founders grow their businesses,” revealed on Tuesday (April 20, 2021) that it will be rebranding. The company also announced a $100 million in new Series C equity funding to support its ongoing growth plans, bringing the firm’s valuation to nearly $2 billion.
As mentioned in a release:
“To reflect its evolution from a source of efficient capital for founders to a broader platform of growth products and services, the company is rebranding as Clearco. With proprietary algorithms that are gender-, race-, and region-agnostic, Clearco is unique in its commitment and ability to fuel entrepreneurship outside of traditional networks and regions.”
Clearbanc Rebrands to Clearco, Raises in US$350M in Series C and Debt finsmes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finsmes.com Daily Mail and Mail on Sunday newspapers.