Clearbanc Launches in UK
Summary
Clearbanc, a Toronto, Canada-based ecommerce investor for founders to grow their business, launched in the UK. Clearbanc plans to invest £500m into online startups over the next year to help them resource their operations and drive future growth. Combining AI and data science, Clearbanc offers UK startups non-dilutive revenue-share agreements. Users connect their revenue and marketing accounts with Clearbanc’s APIs which shows founders their investment offers. Co-founded in 2015 by Michele Romanow from Canada’s Shark Tank (Dragons’ Den), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, the alternative capital platform has invested more than $1B into 3,300+ startups, and already invested £30M in British startups during beta.
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