On April 20, 2021, Clearbanc, the world's largest e-commerce investor, announced a rebrand and a US$100 million Series C equity funding. This funding brings the company’s valuation to almost $2 billion, while also achieving the “unicorn” status; a private company with a valuation of over US $1 billion. Clearbanc, now rebranded as Clearco, will use the funds for strategic business growth and development.
Osler, Hoskin & Harcourt LLP advised Clearbanc with a team consisting of Chad Bayne, Justin Dharamdial, Jeremy Lin and Theresa Donkor (Emerging and High Growth Companies).