What is Clear?
Founded in 2018, Clear is at the forefront of developing blockchain-based settlement and clearing networks designed to streamline operations for global industries. The company's suite of services includes a sophisticated contract interface, advanced discrepancy analysis, and the capability for instant settlements, aiming to revolutionize traditional financial transaction processes. Clear's technology addresses critical pain points in cross-border commerce and financial exchanges.
How much funding has Clear raised?
Clear has raised a total of $13M across 1 funding round:
Series A
$13M
Series A (2020): $13M with participation from Telekom Innovation Pool of Deutsche Telekom, Singtel Innov8, Hong Kong Telecom, Eight Roads Ventures, and Telefónica Innovation Ventures
Key Investors in Clear
Singtel Innov8
Singtel Innov8 is the venture capital arm of Singtel, a major telecommunications company, focusing on strategic investments in innovative technologies and startups that align with Singtel's future growth areas.
Eight Roads Ventures
Eight Roads Ventures is a global venture capital firm that invests in high-growth technology and healthcare companies, known for its long-term investment horizon and deep operational expertise.
Telekom Innovation Pool of Deutsche Telekom
Telekom Innovation Pool is an investment vehicle associated with Deutsche Telekom, focusing on emerging technologies and innovative business models within the telecommunications and digital sectors.
What's next for Clear?
With a major strategic investment bolstering its operations, Clear is poised for significant expansion and further development of its blockchain settlement and clearing networks. The enterprise-level funding context suggests the company is moving beyond its initial development phase and is likely focusing on scaling its infrastructure, forging key industry partnerships, and enhancing its service offerings to meet the demands of a global market. This strategic financing will be instrumental in solidifying Clear's position as a leader in the decentralized finance infrastructure space.
See full Clear company page
