On July 8, 2021, Clearco announced a US$215 million investment led by SoftBank and including Intuit, Bow Capital and Park West. This follows their US$100 million Series C financing.
Clearco is a Toronto-based fintech specializing in providing capital solutions for ecommerce, mobile apps and SaaS founders, with $2+ billion invested in 4,500+ companies around the world.
SoftBank is a Japanese conglomerate focused on investments in the technology, energy and financial sectors.
Osler, Hoskin & Harcourt LLP advised Clearco with a team consisting of Chad Bayne, Justin Dharamdial and Jeremy Lin (Emerging and High Growth Companies).