Clear raises funding from Robinhood's Aparna Chennapragada, others

Funding Rounds

▤ Summary

Clear, an online taxation and fintech software provider that was formerly named ClearTax, on Thursday said that it has raised an undisclosed funding from global product and engineering veterans including Aparna Chennapragada, chief product officer of American stock trading platform Robinhood. Surojit Chatterjee, chief product officer of cryptocurrency exchange Coinbase, and Balaji Srinivasan, former chief technology officer of Coinbase and former General Partner at Andreessen Horowitz, have also invested in their individual capacities, said Clear in a statement. In a significant funding round last year in October, Clear raised $75 million as a part of its Series C fundraise led by Kora Capital. The fundraise valued Clear at around $700 million, a person aware of the talks told Mint then. Through its consumer offering, ‘BLACK’, the platform allows individuals to file income tax returns and build wealth through investment in mutual funds.

$ Funding

$
Amount - Total raised
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Date January 13, 2022 Announcement date
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Investors Robinhood Lead investors
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Company http://cleartax.in/ Funded company

▥ Classifications

industries
Fintech & Banking
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
Talent Management Software Applicant Tracking System Learning Management System

▦ Linked Companies