Clearbanc (original) (raw)

Clearco is a lending firm led by Michele Romanow that specializes in non-dilutive revenue-share agreements with start-ups. It is known for its "20-minute term sheet", offering equity-free investments in companies. Its CEO is Andrew D'Souza. It is a Canadian business founded in 2015, headquartered in Toronto. It partly uses Artificial Intelligence to make decisions on potential investments. As of August 2019, it invested in 791 businesses, has a stated monthly average revenue of 121millionandraised121 million and raised 121millionandraised1 billion.