Emerging and High Growth Companies

Clearco in its US$215 million investment by SoftBank

Clearco
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

 

On July 8, 2021, Clearco announced a US$215 million investment led by SoftBank and including Intuit, Bow Capital and Park West. This follows their US$100 million Series C financing.

Clearco is a Toronto-based fintech specializing in providing capital solutions for ecommerce, mobile apps and SaaS founders, with $2+ billion invested in 4,500+ companies around the world.

SoftBank is a Japanese conglomerate focused on investments in the technology, energy and financial sectors.

Osler, Hoskin & Harcourt LLP advised Clearco with a team consisting of Chad Bayne, Justin Dharamdial and Jeremy Lin (Emerging and High Growth Companies).

Value
US$215 million
Date Closed
July 8, 2021
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jeremy Lin

Associate, Emerging and High Growth Companies, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto