Upper90 related stories
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Clutch snags C$150m debt financing from Neuberger: BetaKitClutch, a Toronto-based online car retailing platform for pre-owned vehicles, has secured C$150 million in debt financing, BetaKit reported.
Clutch secures C$100m in D1 Capital-led Series B fundingClutch, a Toronto-based online car retailing platform, has secured C$100 million in a Series B financing, according to a blog post.
Octane Lending rakes in $52m Series DOctane Lending Inc, a provider of digital products supporting consumers, dealerships, and OEMs, has raised $52 million in Series D funding.
- Online car retailer Clutch nabs C$60m, Canaan leads equity deal
Clutch, a Toronto-based online car retailing platform, has secured C$60 million in new financing.
- Valoreo picks up $50m
Valoreo, a Latin American next-gen e-commerce holding, has raised $50 million in funding.
- Thrasio nabs over $100m
Thrasio, an of Amazon third-party private label businesses, has secured over $100 million in funding.
- Domio racks up $100 mln Series B
New York-based Domio, a technology-powered apartment-hotel brand, has raised $100 million in Series B funding.
Clearbanc secures $300 mln to fuel e-commerce funding modelClearbanc, a Toronto-based provider of marketing capital for e-commerce brands, has raised about $300 million in additional financing. The equity portion, reportedly about $50 million, was led by U.S. venture capital firm Highland Capital Partners. General Partner Dan Nova will join the board. Highland was joined by Inovia Capital and Emergence Capital, both of which invested in last year’s combined $120 million financing. The balance of the new round, led by Arcadia Funds and Upper90, will capitalize a fund intended to back Clearbanc’s e-commerce clients.
- Clearbanc secures $395 mln to fuel e-commerce funding model
Clearbanc, a Toronto-based provider of marketing capital for e-commerce brands, has raised about $395 million (US$300 million) in additional financing. The equity portion, reportedly https://www.theglobeandmail.com/business/article-dragons-den-stars-startup-gets-300-million-to-fuel-growth-of-e/ about $66 million (US$50 million), was led by U.S. venture capital firm Highland Capital Partners. It was joined by Inovia Capital and Emergence Capital, both of which invested in last year's combined $160 million (US$120 million) financing. The balance of the new round, led by Arcadia Funds and Upper90, will capitalize a fund intended to back Clearbanc's e-commerce clients. Led by co-founders and CEOs Andrew D’Souza and Michele Romanow, Clearbanc is the creator of the 20-Min Term Sheet, which offers a non-dilutive alternative to traditional funding sources.
Clearbanc offers $1 bln in startup funding via 20-Min Term SheetClearbanc, a Toronto-based provider of marketing capital for e-commerce brands, said it will supply $1 billion in growth funding through a new product, the 20-Min Term Sheet. The product will support the rapid provision of $10,000 to $10 million of non-dilutive financing to 2,000 startups in the next 12 months. Clearbanc said the 20-Min Term Sheet offers an alternative to entrepreneurs "pushing back against the traditional VC model for funding" and under-served markets. Founded in 2015 by CEOs Andrew D’Souza and Michele Romanow, Clearbanc secured /canada/2018/12/freshly-funded-clearbanc-lands-67-mln-more-from-upper90/ about $160 million (US$120 million) last year from a syndicate of venture capital firms.