Founded in 2015 by Michele Romanow of CBC’s “Dragons’ Den” (Canada’s “Shark Tank”), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearbanc is headquartered in Toronto, Canada. We’ve raised $420 million to date, and our investors include Highland Capital, Emergence, Founder’s Fund, and Inovia.
Andrew has raised hundreds of millions of dollars in venture capital and is an adviser and investor to companies such as WealthSimple, Properly, and Tulip Retail. Prior to Clearbanc, Andrew was the president of Nymi, a wearable platform focussed on identity and security and the COO of education startup, TopHat. Andrew has a degree in Systems Design Engineering from the University of Waterloo.
Tech Titan, Michele is the youngest ever entrepreneur to join CBC’s hit show Dragons’ Den. She previously co-founded e-commerce platforms SnapSaves (acquired by Groupon) and Buytopia. Michele is ranked in WXN’s “100 Most Powerful in Canada” and listed as the only Canadian on Forbes’ “Millennial on a Mission” list. She is a director on the board of Vail Resorts, Freshii, SHAD, Smith School of Business and League of Innovators.
Charlie is a product-focused entrepreneur and has founded companies in the chatbot and marketing automation space. Charlie has a background in bond rating and previously built algorithms in assessing credit for Fortune 500 companies and built optimization products for authors on Amazon. Charlie holds a Bachelor in Finance from McGill University.
Ivan has raised over $400M USD for Clearbanc’s LP funds and overseen complicated audits and multi-million dollar budgets. He holds an economics degree from the University of Waterloo, specializing in finance and econometrics, and played varsity football for five years with the Waterloo Warriors.
Tanay has helped scale the company from 7 to 200+ employees. Prior to Clearbanc, Tanay built an analytics platform for the NHL, founded a startup focused on the arts, and worked at high growth companies including Mozilla and Top Hat. He has a degree in industrial engineering and certificate in business from the University of Toronto.
That company disrupting venture capital just raised more venture capital. Clearbanc has attracted $300 million, including a $50 million equity investment..
Investment firm Clearbanc doesn’t want a chunk of your company or a big interest payment in exchange for funding. AI helps decide who gets the money..
With women and minorities receiving a tiny fraction of venture capital (VC) funding globally, it’s no wonder that entrepreneurs are hungry for new sources of finance..
Clearbanc’s portfolio spans small businesses across the United States, Canada, and the UK to some of the fastest growing consumer brands today.