What is CLEAR?
CLEAR operates a sophisticated secure identity platform that serves as a foundational layer for frictionless physical and digital access. The company's core value proposition centers on its proprietary biometric verification technology, which facilitates predictable entry lanes at airport security checkpoints through its CLEAR Plus subscription service. Beyond aviation, the platform provides a comprehensive suite of tools for identity linking and verification, effectively bridging the gap between physical presence and digital authentication. By maintaining a high-security infrastructure, CLEAR has established itself as a dominant player in the identity-as-a-service sector, catering to both individual consumers and enterprise-level partners seeking to optimize throughput and security.
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 Enlightened Hospitality Investments, 32 Equity, and The Partnership Fund for New York City
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
A nonprofit organization mobilizing the private sector to enhance New York City's role as a global hub for economic opportunity, innovation, and entrepreneurial growth.
Enlightened Hospitality Investments
An investment firm based in New York City that specializes in providing pooled investment services to support growth-oriented enterprises.
What's next for CLEAR?
With the infusion of $409.2M, CLEAR is well-positioned to accelerate its strategic roadmap, focusing on the expansion of its network and the enhancement of its mobile application ecosystem. The company is expected to prioritize the integration of its identity verification services into new verticals, potentially diversifying beyond its traditional aviation stronghold into broader commercial and public sector applications. As the demand for secure, touchless authentication continues to rise, CLEAR's focus will likely remain on scaling its operational footprint while maintaining the rigorous security standards that define its brand. Investors are closely monitoring the firm's ability to convert this capital into sustained user growth and increased penetration within the digital identity market.
See full CLEAR company page
