Clearco, an e-commerce investor, has announced a $215M US new round of funding led by new investor SoftBank Vision Fund 2.
“We’re a company that was built by founders for founders, and we’ve all faced the same issues we are working to not only solve but replace with better products and opportunities through an entire new category,” said Co-Founder and CEO Andrew D’Souza. “We’ve invested over US$2.4 billion in nearly 5,500+ companies with a platform we know our founders need and this round allows us to continue building a world-class suite of services that founders deserve to grow their business.”
Softbank Investment Advisers’ Kristin Bannon led the new round of financing. Additionally, Intuit, Bow Capital and Park West participated.
“Clearco is a market leader who has created an entire industry that is fiercely dedicated to democratizing access to capital and a full suite of services that serve the founder journey,” added Kristin Bannon, Director at SoftBank Investment Advisers. “We’re excited to partner with Andrew, Michele, and the Clearco team as they aim to transform the e-commerce industry.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.