How Much Did Clear Raise?
Funding & Key Investors

Clear, a financial software company specializing in tax filing services, has secured significant enterprise-level funding, with its total funding reaching $65.1M. The company recently announced a major strategic investment of $7.5M, underscoring its growth trajectory in the competitive fintech landscape. This latest capital infusion is expected to fuel further development and market expansion for Clear's innovative solutions.

What is Clear?

Clear
SoftwareFinancial SoftwareAccounting for Legal Practices

Clear is an India-based company that provides financial software designed to streamline tax filing processes through its dedicated filing services. Operating within the rapidly evolving fintech sector, Clear aims to simplify complex financial obligations for its users. The company's focus on user-friendly tax software positions it as a key player in making financial compliance more accessible.

How much funding has Clear raised?

Clear has raised a total of $65.1M across 5 funding rounds:

2014

Unspecified

$120K

2016

Angel/Seed

$1.3M

Series A

$2M

2018

Series B

$54.2M

2021

Series C

$7.5M

Unspecified (2014): $120K with participation from Y Combinator

Angel/Seed (2016): $1.3M, investors not publicly disclosed

Series A (2016): $2M supported by FF Angel, LLC and Seqouia Capital

Series B (2018): $54.2M featuring Composite Capital Management

Series C (2021): $7.5M backed by Stripe, Kora Capital, Alua Capital, and Think Investments

Key Investors in Clear

FF Angel, LLC

FF Angel, LLC, associated with Founders Fund, is a venture capital firm known for investing in disruptive technology companies across various sectors.

Seqouia Capital

Sequoia Capital is a prominent venture capital firm that invests in a wide range of technology companies, from early-stage startups to growth-stage enterprises.

Y Combinator

Y Combinator is a highly selective startup accelerator program that provides seed funding and mentorship to early-stage companies, fostering innovation and rapid growth.

What's next for Clear?

With the recent major strategic investment and substantial overall funding, Clear is poised for accelerated growth. The company is likely to leverage this capital to enhance its software capabilities, expand its service offerings, and potentially broaden its market reach beyond its current operational base. Strategic partnerships and further technological advancements are anticipated as Clear continues to solidify its position in the financial software industry.

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Frequently Asked Questions Regarding Clear Financial Insights

What are the most recent funding rounds that Clear has completed, and what were the funding rounds?
Clear has recently completed 3 funding rounds: Series C on Oct 25, 2021, Series B on Oct 23, 2018, Series A on May 25, 2016.
What is the total amount of funding Clear has raised to date?
Clear has raised a total of $65.1M in funding to date.
How many funding rounds has Clear completed?
Clear has completed 3 funding rounds.
How much funding did Clear raise in its most recent funding round?
Clear raised $7.5M in its most recent funding round.
Who are the lead investors in Clear's latest funding round?
The lead investor in Clear's latest funding round was Stripe. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Clear's history?
The largest funding round in Clear's history was $54.2M.
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