What is ClearGlass?
ClearGlass operates as a crucial data interface, bridging asset managers and their clientele. The platform empowers pension funds to consolidate and analyze all investment costs in a unified view, thereby enhancing data visibility across a broader spectrum of asset managers and suppliers. Established with the objective of facilitating the adoption of a standard framework for both asset owners and managers, ClearGlass simplifies and reduces the cost of expense collection, delivering insightful and comprehensible outcomes. Its launch as a social enterprise ensures that all pension funds, regardless of size, can affordably and easily access their cost data, promoting greater financial transparency and efficiency within the industry.
How much funding has ClearGlass raised?
ClearGlass has raised a total of $3.6M across 1 funding round:
Angel/Seed
$3.6M
Angel/Seed (2021): $3.6M with participation from Chris Wilcox, Rob O’Rahilly, Alex Large, Lakestar, Richard Butcher, Outward VC Fund, Ruston Smith, and Sikander Ilyas
Key Investors in ClearGlass
Lakestar
Lakestar is a venture capital firm dedicated to partnering with visionary tech entrepreneurs to fund innovative ideas and companies that shape modern life. They focus on sectors such as Deep Tech, Healthcare, Fintech, and Digitalisation, investing with a long-term perspective from Seed to Growth stages. Lakestar is embedded in the European technology ecosystem, leveraging their extensive connections and expertise to support ambitious founders. Their portfolio includes notable companies like Auterion, Blockchain.com, and Revolut.
Outward VC Fund
Outward VC Fund is an investment firm that provides capital to companies. Their investment focus typically lies in early-stage technology ventures, aiming to support disruptive innovations and foster growth within the startup ecosystem.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for ClearGlass?
The substantial enterprise-level funding and recent strategic investment signal a strong market validation for ClearGlass's mission. This capital infusion is expected to fuel further platform development, expand its reach to a wider array of institutional investors, and enhance its capabilities in providing granular cost analysis. The company is well-positioned to solidify its standing as a leader in financial transparency solutions, driving greater accountability and efficiency across the asset management sector.
See full ClearGlass company page
