Clutch Receives Significant Growth Investment From Susquehanna Growth Equity
Summary
WASHINGTON--(BUSINESS WIRE)--Clutch Co, LLC (“Clutch”), the leading B2B ratings and reviews platform for IT, Marketing, and Business Services providers, today announced that it has received a significant minority investment from Susquehanna Growth Equity, LLC (“SGE”), an entrepreneur-centric growth equity firm exclusively focused on internet, software, and information services companies. Clutch serves hundreds of thousands of buyers every month by providing detailed ratings and reviews on over 180,000+ IT, Marketing, and Business Services firms across 500+ segments. “ We are very excited to bring in the Susquehanna Growth Equity team as a strategic and financial ally,” said Mike Beares, Founder and CEO of Clutch. The investment will allow us to scale and continue to deliver great customer experiences to our B2B buyers and service providers.” “ Susquehanna Growth Equity is thrilled to collaborate with Clutch, which continues to define the B2B services ratings and reviews space it created, and its leadership team, who have proven to be client-first thought leaders,” said Scott Feldman, Managing Director at Susquehanna Growth Equity. SGE is backed by a unique and patient source of capital, which enables the firm to give entrepreneurs and management teams freedom and flexibility to maximize growth.