What is CLEAR?
CLEAR operates as a sophisticated identity platform designed to streamline user experiences through biometric authentication. By prioritizing privacy and user control, the company has established a secure network that currently serves over 20 million members. Its market position is defined by its versatility, integrating seamlessly into high-traffic environments such as stadiums, airports, and medical offices. As a leader in the identity-as-a-service space, CLEAR effectively bridges the gap between physical presence and digital verification, ensuring that everyday interactions remain both secure and efficient without compromising individual data integrity.
How much funding has CLEAR raised?
CLEAR has raised a total of $545.2M across 5 funding rounds:
Unspecified
$1M
Private Equity
$20M
Private Equity
$15M
Other Financing Round
$100M
Share Placement
$409.2M
Unspecified (2012): $1M, investors not publicly disclosed
Private Equity (2015): $20M led by T. Rowe Price Associates, Inc
Private Equity (2017): $15M supported by T. Rowe Price
Other Financing Round (2021): $100M featuring The Partnership Fund for New York City, 32 Equity, and Enlightened Hospitality Investments
Share Placement (2021): $409.2M, investors not publicly disclosed
Key Investors in CLEAR
T. Rowe Price Associates, Inc
Founded in 1937, T.Rowe Price Group provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. The firm launches and manages equity and fixed income mutual funds and invests in the public equity and fixed income markets globally.
The Partnership Fund for New York City
Partnership for New York City is a nonprofit organization comprising over 300 leading corporate, investment, and entrepreneurial firms dedicated to enhancing the city's role as a global hub for economic opportunity and innovation.
Enlightened Hospitality Investments
Enlightened Hospitality Investments is an investment firm specializing in pooled investment services, focusing on high-growth opportunities within the hospitality and service sectors.
What's next for CLEAR?
Looking ahead, the infusion of capital from this major strategic investment positions CLEAR to accelerate its expansion into new vertical markets and enhance its technological infrastructure. The company is expected to leverage these resources to deepen its integration with global partners, further solidifying its role as the standard for trusted identity. By maintaining its commitment to privacy-first architecture, CLEAR is well-positioned to navigate the evolving regulatory landscape while scaling its operations to meet the increasing demand for frictionless, secure, and reliable identity verification solutions on a global scale.
See full CLEAR company page
