What is Clear?
Founded in 2018, Clear operates at the intersection of distributed ledger technology and enterprise-grade financial services. The company specializes in building blockchain-based settlement and clearing networks designed to facilitate instant, transparent transactions for global industries. By automating contract interfaces and providing real-time discrepancy analysis, Clear addresses the inherent friction in traditional settlement cycles. Its platform serves as a foundational layer for organizations seeking to reduce operational overhead and enhance the accuracy of their financial reporting. The company's market position is defined by its focus on high-volume, complex enterprise environments where traditional clearing methods often fail to provide the necessary speed or auditability.
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 Hong Kong Telecom, Singtel Innov8, Telekom Innovation Pool of Deutsche Telekom, Telefónica Innovation Ventures, and Eight Roads Ventures
Key Investors in Clear
Singtel Innov8
A corporate venture arm of the Singapore-based telecommunications giant, focusing on investments in digital infrastructure, cybersecurity, and cloud-based enterprise solutions.
Eight Roads Ventures
A global venture capital firm with a strong track record in backing high-growth technology companies, particularly those focused on enterprise software and financial technology.
Hong Kong Telecom
A leading telecommunications service provider in Hong Kong, investing in strategic technologies that enhance network efficiency and digital service delivery.
What's next for Clear?
With this major enterprise-level funding, Clear is poised to transition from its current scaling phase into a period of broader market penetration and product diversification. The strategic roadmap likely involves expanding its network of institutional partners and integrating its settlement solutions into existing legacy infrastructure. By focusing on the interoperability of its blockchain networks, the company aims to become the standard for automated clearing in sectors ranging from telecommunications to global logistics. Future growth will be contingent on the firm's ability to maintain its competitive edge in cybersecurity and data integrity while navigating the evolving regulatory landscape surrounding decentralized financial technologies.
See full Clear company page
