Clear
Clear (formerly ClearTax) is an Indian fintech SaaS company founded in 2011 by Archit Gupta, Raja Ram Gupta, Srivatsan Chari and Ankit Solanki, providing income tax e-filing, GST/e-invoicing compliance, TDS, invoice discounting and mutual-fund distribution products for individuals, SMEs, enterprises and tax professionals. It was the first India-focused startup funded by Y Combinator (2014). Note: some secondary sources label its…
Clear: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 25 Oct 2021 | Series C | $75 Mn | Kora Capital Alua Capital Stripe Think Investments | source |
| 23 Oct 2018 | Series B | $50 Mn | Composite Capital | source |
| 17 Jun 2016 | Series A | $12 Mn | Elevation Capital | source |
| 26 May 2016 | Seed | $2 Mn | FF Angel Sequoia Capital | source |
| 27 Apr 2016 | Angel | $1.3 Mn | Max Levchin Naval Ravikant Neeraj Arora Ruchi Sanghvi Scott Banister | source |
| 1 Jul 2014 | Seed | $120K | Y Combinator | source |
Acquisitions
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Who founded Clear?
Clear was founded by Archit Gupta, Raja Ram Gupta, Srivatsan Chari, Ankit Solanki in 2011.
How much funding has Clear raised?
Clear has raised $140.42 Mn across 6 tracked funding round(s), most recently on 2021-10-25. Figures are compiled from cited public sources.
Who are the investors in Clear?
Investors in Clear include Kora Capital, Alua Capital, Stripe, Think Investments, Composite Capital, Elevation Capital.
What does Clear do?
Clear (formerly ClearTax) is an Indian fintech SaaS company founded in 2011 by Archit Gupta, Raja Ram Gupta, Srivatsan Chari and Ankit Solanki, providing income tax e-filing, GST/e-invoicing compliance, TDS, invoice discounting and mutual-fund distribution products for individuals, SMEs, enterprises and tax professionals. It was…
Where is Clear headquartered?
Clear is headquartered in Bengaluru, Karnataka, India.
What is Clear's business model?
Clear's core value proposition centers on Simplify finances, save money and time, Dominant scale in India's invoice/GST digitisation, Category-leading compliance products, Fast, simple self-filing.
How does Clear make money?
Clear's cited revenue streams include Software subscription & support services, Platform & technical services, Mutual fund distribution commission, Corporate secretarial / compliance services.