What is CLEAR?
CLEAR operates as a sophisticated identity platform designed to streamline user experiences through biometric verification. By leveraging advanced technology, the company facilitates secure, touchless access across diverse environments, including airports, stadiums, and healthcare facilities. With a membership base exceeding 20 million, CLEAR has established itself as a leader in the digital identity space, prioritizing user privacy and data sovereignty while maintaining a growing network of strategic partners. The company's core value proposition lies in its ability to replace traditional, friction-heavy identification processes with seamless, identity-centric solutions that enhance operational efficiency and user convenience.
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 32 Equity, The Partnership Fund for New York City, and Enlightened Hospitality Investments
Share Placement (2021): $409.2M, investors not publicly disclosed
Key Investors in CLEAR
T. Rowe Price
T. Rowe Price is a global asset management organization providing investment solutions and financial services to individuals, institutions, and retirement plan sponsors through active management and fundamental research.
The Partnership Fund for New York City
The Partnership Fund for New York City is a nonprofit organization that mobilizes the private sector to foster economic opportunity, innovation, and urban development within the city.
Enlightened Hospitality Investments
Enlightened Hospitality Investments is a New York City-based firm specializing in pooled investment services and strategic capital deployment.
What's next for CLEAR?
With the infusion of this recent capital, CLEAR is poised to scale its identity verification infrastructure into new verticals, further cementing its role as a universal identity standard. The company's strategic roadmap likely involves deepening its integration within the travel and hospitality sectors while exploring new applications for its biometric technology in enterprise security and digital commerce. By maintaining its commitment to privacy-first architecture, CLEAR is well-positioned to navigate the evolving regulatory landscape, ensuring that its growth remains aligned with the increasing global demand for secure, verifiable, and frictionless digital interactions.
See full CLEAR company page
