clearco

Recapitalization, $60M Series D support growth of e-commerce financier Clearco

Today's news marks a turnaround for a company that’s had its share of ups and downs over the past year.

Twitter rivals, unicorn trivia and valuation homework

Welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It’s Tuesday, not Monday, but hey, the week ahead is as busy as

Clearco co-founder Michele Romanow steps down, cuts 30% of staff

In pursuit of profits, Clearco co-founder Michele Romanow has stepped down as chief executive of the company around a year after assuming the official role. The shift comes alongside yet another round

We Reali don’t know when real estate will get Better

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This was a Live Week, meaning that Alex, Natasha and Mary A

Clearco cuts international staff as it retracts presence, announces new partner

Clearco, a Toronto-based fintech capital provider for online companies, is walking back the international expansion it once touted as the future of the company. One month after cutting 25% of its tota

A troubling startup layoff trend has emerged

We don’t need to tell you about the layoffs that are defining the tech landscape right now, concentrated particularly in late-stage companies that are struggling to raise extension rounds and grow i

Public tech’s espresso shot is quite literally the cloud

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Last week we said that you needed to pay attention to the publ

Clearco cuts 25% of staff, considers ‘strategic options’ for international operations

Clearco, a Toronto-based fintech capital provider for online companies, tells TechCrunch that it has laid off 125 people, or 25% of its entire staff. Those impacted will receive severance pay, a two-y

The $2B-dollar baby

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. We had an illness on the team, so instead of recording our usu

Clearco co-founder Andrew D’Souza steps back as Michele Romanow assumes CEO role

Clearco co-founder Andrew D’Souza tells TechCrunch that he has stepped back from his role as chief executive at the fintech company. Michele Romanow, the co-founder and president of Clearco, is now

Data wants to disrupt your deal flow (again)

Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. AngelList’s recently closed early-stage venture fund brings

The Naked Market flashes some new capital to create better-for-you food brands

Its proprietary technology enables The Naked Market to quickly gauge what products are winning with consumers so they can be scaled.

Asymmetric Capital Partners hits ground running with $105M debut fund targeting B2B startups

The new firm brings together a foursome with operator, venture capital and private equity expertise.

Why and when startups should look to diverse sources of capital

Venture capital is a popular source of capital for early-stage startups, but it's not the only one. Debt is an increasingly popular alternative, as is non-dilutive, revenue-based financing.

Intuit launches venture arm to invest in startups with innovation for small businesses, consumers

Intuit Ventures will identify growth opportunities and trends beneficial for Intuit's key customers — small businesses and consumers.

E-commerce-as-a-service platform Cart.com picks up $98M to give brands scaling tools

The company provides software, services and infrastructure to small businesses so they can scale online.

Clearco gets the SoftBank stamp of approval in new $215M round

Toronto-based Clearco, a fintech capital provider for online companies, has raised $215 million in a round led by SoftBank Vision Fund II. The financing event closed just weeks after Clearco completed

What the MasterClass effect means for edtech

MasterClass, which sells a subscription to celebrity-taught classes, sits on the cusp of entertainment and education. It offers virtual, yet aspirational learning: an online tennis class with Serena W

Clearbanc rebrands its way into a unicorn

After five years of providing non-dilutive financing for founders, Clearbanc is tired of being only a bank. So, it’s rebranding, and has just raised a $100 million Series C at a $2 billion valuation