What is ClearObject?
Founded in 2010 and headquartered in Fishers, Indiana, ClearObject is a digital transformation firm that leverages expertise in the Internet of Things (IoT), advanced engineering, and data analytics to drive innovation for its clients. The company's focus on these critical technological domains positions it as a key player in helping enterprises navigate complex digital landscapes and unlock new opportunities through data-driven insights and connected solutions. ClearObject's commitment to engineering excellence and analytical rigor forms the bedrock of its service offerings, enabling businesses to optimize operations and achieve strategic objectives.
How much funding has ClearObject raised?
ClearObject has raised a total of $20M across 6 funding rounds:
Series B
$1.7M
Series C
$2.8M
Series D
$4.5M
Series E
$9M
Debt
$1M
Debt
$1M
Series B (2012): $1.7M with participation from Elevate Ventures, Ryan Diem, Jeff Saturday, and F. Ronald Seager
Series C (2014): $2.8M led by Bootstrap Incubation
Series D (2014): $4.5M supported by Elevate Ventures, HKS Capital Advisors, and Plymouth Growth Partners
Series E (2016): $9M featuring Elevate Ventures, Bootstrap Incubation, Hercules Capital Inc., Ryan Diem, Chatham Venture Partners, and Plymouth Growth Partners
Debt (2020): $1M backed by PPP
Debt (2021): $1M with participation from PPP
Key Investors in ClearObject
Elevate Ventures
Elevate Ventures is an active participant in shaping the future of Indiana by investing in cross-sector innovation-driven companies at Pre-Seed, Seed, and Series A stages. They provide funding and guidance for entrepreneurs and seek founders with grit, creativity, and coachability.
Plymouth Growth Partners
Straylight Capital provides growth capital for resilient founders and teams in the B2B technology sector, specifically targeting companies with revenues between $3-13 million that are ready for the next stage of growth. The firm operates at the intersection of venture capital and private equity, offering substantial capital and strategic insights to support founder-led businesses.
Bootstrap Incubation
Bootstrap Incubation is a venture capital firm that focuses on early-stage technology companies. They provide seed funding and strategic support to help startups grow and scale their operations.
What's next for ClearObject?
With a substantial history of securing significant capital, ClearObject appears poised for continued expansion and technological advancement. The recent major strategic investment suggests a focus on scaling operations, enhancing its IoT and analytics platforms, or potentially pursuing strategic acquisitions. This latest round of financing will likely fuel further innovation, allowing ClearObject to deepen its market penetration and solidify its position as a leader in digital transformation services. The company's sustained access to capital from prominent investors highlights confidence in its business model and future prospects.
See full ClearObject company page
