What is Clinkle?
Clinkle operates within the dynamic Credit Cards & Transaction Processing industry, a sector critical to modern commerce. With a team size estimated between 20 to 49 employees and an annual revenue ranging from $5M to $10M, the San Francisco-based company is focused on innovating within its niche. Its operations are central to facilitating financial transactions, suggesting a role in streamlining payment processes or enhancing security within the ecosystem.
How much funding has Clinkle raised?
Clinkle has raised a total of $55.5M across 4 funding rounds:
Debt
$7.9M
Multiple Rounds
$47.6M
Debt (2012): $7.9M, investors not publicly disclosed
Debt (2013): $22.1M, investors not publicly disclosed
Angel/Seed (2013): $25M supported by Intuit Inc, Intel Capital, Accel Partners, and Andreessen Horowitz
Angel/Seed (2013): $500K, investors not publicly disclosed
Key Investors in Clinkle
Intuit Inc
Intuit Inc. is a financial software company known for products like QuickBooks and TurboTax, specializing in financial management solutions for individuals and small businesses.
Intel Capital
Intel Capital is the venture capital arm of Intel, investing in companies focused on emerging technologies such as AI, cloud computing, and next-generation compute.
Accel Partners
Accel Partners is a prominent venture capital firm that invests in early-stage and growth-stage technology companies, known for backing category-defining businesses.
What's next for Clinkle?
The recent major strategic investment signals a pivotal moment for Clinkle, likely enabling the company to scale its operations, enhance its technological infrastructure, and expand its market reach. This influx of capital is expected to fuel product development and bolster its competitive position in the transaction processing landscape. Future endeavors may include strategic partnerships or further technological advancements to solidify its standing.
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