Clearco
- Company typePrivate
- Founded2015
- HeadquartersToronto, Canada
- Headcount101–250
- GTM typeB2B
- OfferingServices
Clearco firmographics
Firmographics- Name
- Clearco
- Legal name
- CFT Clear Finance Technology Corp.
- Website
- https://clear.co
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Clearco industry classification
Industry- Product category
- Ecommerce Financing
- NAICS
- Sales Financing (52222), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Open Banking, Account Aggregation & Payment Initiation APIs (BPAMAFAJ)
- akta.pro secondary industries
- Customer Permissioning & Consent Management (OAuth, scopes, revocation) (FSAGACAC), A2A Checkout & Merchant Acceptance Solutions (FSAMAFAF)
Keywords
Where Clearco is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Clearco business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Invoice Funding: Clearco provides funds to pay supplier invoices directly. Businesses submit invoices or receipts and Clearco advances the funds. Repayment is made through capped weekly payments over an estimated term (4, 5, or 6 months). Revenue comes from flat fees built into the funding arrangement rather than interest charges.
- Cash Advance: On-demand working capital deposited directly into business bank accounts. Capital can be deployed flexibly across marketing, inventory, or other growth initiatives. Repayment through capped weekly payments with predictable schedules.
- Rolling Funding Capacity: Ongoing access to capital that replenishes as payments are made. Clearco's available funding capacity refreshes automatically based on successful payment history, enabling continued access without reapplication.
- Fixed Funding Capacity: One-time upfront capital with transparent, predictable payment schedule. Best for big campaigns, inventory buys, and market expansion with fixed terms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Invoice Funding starting at 4.25% fee |
| Other | Pay-as-you-go | Free consultation and 24-hour funding decisions |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels10 records
Clearco product offering
Product offeringCore offering
Clearco is an online fintech platform that provides non-dilutive growth capital to direct-to-consumer ecommerce and B2B companies. It offers four core funding structures — Invoice Funding, Cash Advance, Fixed Funding Capacity, and Rolling Funding Capacity — using AI-driven underwriting that pulls live revenue data from connected ecommerce platforms (Shopify, Amazon, BigCommerce, Stripe, Square, PayPal) to issue funding decisions in as little as 24 hours, with capped weekly repayments and no personal guarantees or equity dilution.
Product overview
Clearco is a fintech company offering a unified platform of non-dilutive working capital products for DTC ecommerce brands. The core portfolio consists of four funding structures: Fixed Funding Capacity (one-time upfront capital with predictable capped weekly payments), Rolling Funding Capacity (replenishing capital that auto-refreshes as payments are made), Invoice Funding (Clearco's flagship product — funds paid directly to vendors to cover supplier invoices while customers make capped weekly payments), and Cash Advance (on-demand capital deposited directly to the business bank account). Clearco differentiates through AI-supported underwriting, platform-native integrations with Shopify, Amazon, BigCommerce, Stripe, Square, and PayPal, and a founder-friendly positioning emphasizing no collateral, no personal guarantees, no equity dilution, and capped (not uncapped) weekly payments. The company also publishes comparison content (e.g., vs. Shopify Capital) and platform-specific funding pages for major ecommerce platforms.
Differentiator
Problem solved
Functional benefit
Products and services
- Fixed Funding Capacity One-time upfront capital deployment with a clear, estimated payment schedule and capped weekly payments. Designed for large campaigns, inventory buys, and market expansion, providing full payment visibility from day one for ecommerce businesses.
- Rolling Funding Capacity Ongoing access to capital that replenishes automatically as the customer pays, eliminating the need to reapply. Designed for continuous ad spend, recurring supplier payments, and repeatable growth cycles where capital needs are continuous for ecommerce businesses.
- Invoice Funding Clearco provides funds directly to pay supplier invoices on time, preserving working capital for ecommerce businesses. Vendors are paid when invoices are due, keeping production on track, while customers make capped weekly payments on an estimated 4, 5, or 6 month schedule. Clearco's primary product as of the 2023 pivot.
- Cash Advance On-demand working capital deposited directly into a business bank account. Provides maximum flexibility to deploy funds across marketing, inventory, or any growth need for ecommerce businesses, with capped weekly repayment schedules.
- Shopify Capital Alternative A dedicated landing page positioning Clearco's Invoice Funding as a capped-payment, fixed-fee alternative to Shopify Capital's uncapped daily revenue-share model, targeting Shopify merchants seeking refinancing.
Quantifiable outcome
- Funding decisions in as little as 24 hours
- +4 more outcomes
Companies that use Clearco
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
Clearco technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability2 records
Feature3 records
Clearco partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor and core.
- CavelaminorPartnership to help ecommerce brands navigate tariffs through optimized vendor sourcing and funding. Combines Cavela's supply chain expertise with Clearco's capital solutions.
- D.LUXURYminorMarketing partnership including a sweepstakes collaboration to support growth and financial health of ecommerce brands.
- StripecorePlatform integration allowing Clearco to connect to Stripe accounts, track revenue, and offer flexible capital based on actual sales performance.
- ShopifycorePlatform integration enabling Shopify merchants to access Clearco funding solutions. Clearco competes with Shopify Capital while offering integration with Shopify platform.
- AmazoncoreIntegration with Amazon seller accounts to provide working capital for Amazon sellers based on marketplace sales data.
- BigCommercecoreIntegration with BigCommerce platform to offer funding solutions for BigCommerce merchants, including invoice funding and cash advances.
- SquarecoreIntegration with Square payment platform enabling Clearco to assess revenue and offer capital to Square-using merchants.
- PayPalcoreIntegration with PayPal for revenue assessment and funding solutions for PayPal-using ecommerce businesses.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
Clearco competitors and assessment
Company assessmentDirect peers
- Shopify Capital: Shopify's native financing product offering cash advances and loans to Shopify merchants. Clearco publishes direct comparison content against Shopify Capital (clear.co/vs-shopify-capital), targeting merchants seeking an alternative to Shopify's uncapped revenue-share model with capped payments and lower fees.
- Stripe Capital: Stripe's embedded lending product offering revenue-based financing and term loans to Stripe-using businesses. Same target customer (online merchants using payment platforms), same underwriting approach (based on Stripe payment volume), and competing directly with Clearco's Stripe-integrated funding product.
- Square Capital (Block): Block/Square's merchant cash advance and loan product for Square-using businesses. Operates on the same data-driven, revenue-based underwriting model with native platform integration — directly comparable to Clearco's Square-integrated offering.
- Wayflyer: Ireland-based revenue-based financing provider focused on e-commerce and DTC brands, offering inventory and advertising funding. Closest pure-play peer to Clearco's invoice funding and cash advance products for DTC merchants, with comparable customer segment and use cases.
- Amazon Lending: Amazon's invite-only lending program offering short-term loans to third-party Amazon sellers. Competes directly with Clearco's Amazon seller funding product and benefits from native access to Amazon sales data and platform integration.
- PayPal Working Capital: PayPal's merchant cash advance product for PayPal-using businesses, using PayPal account history for underwriting. Directly comparable to Clearco's PayPal-integrated funding offering and shares the SMB e-commerce target market.
Emerging players
- Parafin: Embedded capital infrastructure provider enabling marketplaces and vertical SaaS platforms to offer financing to their merchants. Smaller scale than Clearco but conceptually adjacent — builds capital-embedded products for platforms, intersecting with Clearco's platform-integration strategy.
- Pipe: Revenue-based financing platform originally focused on SaaS recurring revenue, now expanding into broader SMB capital markets. Adjacent business model (converting recurring revenue into upfront capital) and shared fintech lender profile, though more weighted toward SaaS than e-commerce.
Broad incumbents
- OnDeck (Envestnet): Established online SMB lender offering term loans and lines of credit to small businesses, now part of Envestnet. Operates in the broader SMB financing space Clearco addresses but with traditional term-loan structure rather than revenue-based or invoice funding.
- BlueVine: Online SMB-focused fintech providing working capital, lines of credit, and invoice factoring. Overlaps with Clearco's invoice funding and cash advance products for SMBs but serves a broader SMB segment beyond e-commerce.
Market position
Strengths5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
Clearco social profiles
Digital presenceClearco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Clearco leadership team
Management profileNumber of profiles
Profiles12 records
Clearco funding detail
Funding detailFunding overview
Funding rounds10 records
Investors35 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Clearco M&A and investment
M&A and investmentM&A
Investments7 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Clearco
What does Clearco do?
Clearco is an online fintech platform that provides non-dilutive growth capital to direct-to-consumer ecommerce and B2B companies. It offers four core funding structures — Invoice Funding, Cash Advance, Fixed Funding Capacity, and Rolling Funding Capacity — using AI-driven underwriting that pulls live revenue data from connected ecommerce platforms (Shopify, Amazon, BigCommerce, Stripe, Square, PayPal) to issue funding decisions in as little as 24 hours, with capped weekly repayments and no personal guarantees or equity dilution.
Is Clearco a public or private company?
Clearco is a private company. It is classified as venture growth investor backed and is currently operating.
When was Clearco founded?
Clearco was founded in 2015. It employs 101 to 250 people.
Where is Clearco based?
Clearco is headquartered in Toronto, Canada, in the North America region.
How does Clearco make money?
Four revenue lines are on record. Invoice Funding is the primary driver. The others are cash Advance, rolling Funding Capacity and fixed Funding Capacity.
Who are Clearco's main competitors?
Direct peers on record are Shopify Capital, Stripe Capital, Square Capital (Block), Wayflyer, Amazon Lending and PayPal Working Capital. Emerging players are Parafin and Pipe. Broad incumbents are OnDeck (Envestnet) and BlueVine.
Does Clearco have an API?
No public API is recorded for Clearco.
What industry is Clearco in?
Clearco's product category is Ecommerce Financing. Its primary akta.pro industry code is BPAMAFAJ, Open Banking, Account Aggregation & Payment Initiation APIs, with a secondary code of FSAGACAC, Customer Permissioning & Consent Management (OAuth, scopes, revocation). Its NAICS code is 52222 and its SIC code is 6159.