StearClear Raises $600K in Funding

▤ Summary

StearClear, a Wycoff, NJ-based developer of a GPS-enabled designated driver service for smartphones, has raised $600k in funding.In conjunction with the funding, veteran angels Thomas Chisholm and Neil Rosoff will join StearClear’s Board of Directors.Founded in November 2011 by CEO Craig Sher, Ken Schwartz, Andrew Bares and Harjinder Sidhu, StearClear aims to combine the latest smartphone and GPS technologies to address the 12,000 DUI-related deaths and 900,000 DUI/DWI arrests that occur each year in the U.S.StearClear has automated the entire workflow through their iPhone, iPad and Android apps and delivers the service through local franchises.Franchise opportunities are available across in North America, EMEA, Australia and South Africa.

$ Funding

▦ Linked Companies