Founded in 2015, Clearco (formerly Clearbanc) pioneered the concept of non-dilutive, revenue-based funding for online businesses. Instead of taking equity, Clearco provides capital advances to companies for their inventory and marketing expenses. In return, it receives a percentage of the company's daily revenue until the capital, plus a flat fee, is fully repaid. This model allows founders to access growth capital without giving up ownership or control. The company uses AI and data science to analyze a business's revenue, ad performance, and other metrics to make fast funding decisions.

Founded in

Canada