What is Clutch?
Clutch operates as a business-to-business ratings and review platform, connecting service seekers with vetted providers across a multitude of industries. The platform specializes in evaluating and showcasing firms that deliver IT solutions, marketing services, and broader business consulting expertise. By aggregating client feedback and performance metrics, Clutch empowers companies to make informed decisions when selecting service partners. Its core function centers on transparency and accountability within the B2B services marketplace, utilizing verified reviews from actual clients to create a credible ecosystem where businesses can assess potential partners based on documented experiences and measurable outcomes. This comprehensive feedback system helps companies identify partners whose capabilities align with their specific needs and organizational culture, making Clutch a critical resource for navigating complex vendor selection processes.
How much funding has Clutch raised?
Clutch has raised a total of $7M across 1 funding round:
Angel/Seed
$7M
Angel/Seed (2020): $7M with participation from Real Ventures, FJ Labs, BrandProject LP, Azure Capital Partners, and Global Founders Capital
Key Investors in Clutch
Real Ventures
Real Ventures backs visionary founders building innovative tech companies with large-scale positive impacts, providing guidance and stage-specific help to nurture their communities and global success.
FJ Labs
FJ Labs specializes in angel investing at a venture scale, focusing on marketplaces and network effect businesses, and has a significant track record with over 30 unicorn startups in its portfolio.
BrandProject LP
BrandProject partners with visionary founders to accelerate and scale innovative brands, investing from incubation stages through Series A growth capital.
What's next for Clutch?
With its recent major strategic investment, Clutch is poised for accelerated growth and market penetration. The company's focus on providing transparent and verified B2B service provider ratings positions it advantageously in a market seeking reliable vendor selection tools. Future developments are likely to include expanding its industry coverage, enhancing its data analytics capabilities, and potentially exploring new service verticals. The enterprise-level funding context suggests Clutch is moving towards scaling its operations significantly, aiming to solidify its leadership in the B2B marketplace. Continued investment in its platform and user experience will be crucial for maintaining its competitive edge and supporting its expanding client base.
See full Clutch company page
