What is ClearGlass?
ClearGlass operates as a crucial data interface, bridging asset managers and their clients, primarily pension funds. The platform empowers these funds to consolidate and analyze all their investment costs in one location, providing unprecedented visibility into expenditures across various asset managers and suppliers. Developed to facilitate the adoption of standard cost-reporting frameworks, ClearGlass simplifies and reduces the expense of cost collection while delivering understandable and actionable insights. Launched as a social enterprise, it ensures that pension funds of all sizes can access their cost data affordably and efficiently.
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 Rob O’Rahilly, Alex Large, Chris Wilcox, Lakestar, Richard Butcher, Outward VC Fund, Ruston Smith, and Sikander Ilyas
Key Investors in ClearGlass
Lakestar
Lakestar is a prominent venture capital firm known for investing in visionary tech entrepreneurs across sectors like Deep Tech, Healthcare, and Fintech. They focus on supporting companies from Seed to Growth stages, leveraging their extensive European tech ecosystem connections.
Outward VC Fund
Outward VC Fund is an investment entity that has participated in ClearGlass's funding rounds. Further details on their specific investment focus or portfolio are not immediately available but their involvement suggests a strategic interest in the fintech or data analytics space.
Rob O’Rahilly
Rob O’Rahilly is an individual investor who has backed ClearGlass. Their participation indicates an early-stage belief in the company's mission and market potential.
What's next for ClearGlass?
The substantial enterprise-level funding and recent strategic investment signal a period of accelerated growth and market penetration for ClearGlass. This capital infusion is expected to fuel the expansion of its data interface capabilities and enhance its service offerings to asset owners and managers. The company is well-positioned to solidify its market leadership by continuing to champion transparency in investment costs, potentially exploring new partnerships and technological advancements to further streamline data aggregation and analysis for its growing client base.
See full ClearGlass company page