Clearco offers the most founder-friendly capital solutions as well as access to a global network, insights, data, and recommendations for e-commerce, mobile apps, and SaaS founders
Financial services are some of the most powerful and scalable tools that can help entrepreneurs. The nature of entrepreneurship is changing thanks to online channels and marketplaces. Traditional financial institutions are not equipped to respond to this change. Banks are not set up to consume and understand vertical-specific data about their customers for underwriting. Equity capital forces small businesses down an unsustainable path. For fast-growing businesses that are looking to finance inventory and sales rather than R&D, equity capital is an incredibly expensive way to fund repeatable growth.
Clearco offers a revenue share product for e-commerce businesses, which is an efficient source of capital for high-growth businesses. It sits between equity and debt from a risk and cost of capital standpoint. It also serves as a wedge product to establish a broader banking relationship with the customer.
Investment year: 2015
Inovia Team Members: Karamdeep Nijjar Kelly Jacques
Clearco's Journey with Inovia
Inovia invests in Clearco
Inovia invests in Series A and Karam Nijjar joins the Board as an observer
Inovia invests in the company's Series B
Inovia invests in the company's Series C
Clearco becomes an Inovia Continuity Fund I portfolio company
More to come!