Clearco, an e-commerce investor, has secured $215m in its latest funding round, which wil help it deepen its suite of founder-first hub of products.
SoftBank Vision Fund 2 led the round, marking its first investment into Clearco.
With the capital injection, the company hopes to bolster its founder-first products, as well as accelerating its international footprint.
Clearco, which was founded in 2015, provides e-commerce, mobile apps and SaaS founders with access to equity investments and support from its network. The firm offers up to $10m in equity-free capital for companies looking to scale.
It also offers insights and valuation tools to help founders identify their growth strategy.
The support of SoftBank will compliment Clearco’s efforts to remove barriers faced by founders looking for growth equity, it said.
Clearco co-founder and president Michele Romanow said, “Softbank’s investment during a moment where we are accelerating at breakneck speed and leading a founder’s revolution is both humbling and exciting as we continue to work towards removing archaic barriers and offer an alternative and accessible solution for founders all around the world.
“We continue to be wholly committed to our vision of changing the trajectory of what it means to attain capital to grow your business and the full-service tools to be successful, whether that be strategic guidance, access to a powerful network of partners or valuation tools that allow founders to accelerate the growth of their business.”
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