Clear

📍 Bangalore, India🗓 Founded 2011👥 1,169 employees💰 Last funded Jul 2020
We are on a mission to simplify finances for Indians. We make software for invoices, taxes, payments and credit with a promise of saving money and time for millions of businesses, their supply chains, accountants and employees. We have grown over years to now ‘see’ a material portion of India’s economic graph on our network. We process about 10% of India’s B2B invoices, which is over $300B of trade value every year. We contribute to 10% of India’s e-Invoice generation. We saved over ₹1,000 Cr for more than 400K businesses last year, roughly 2-7% of their tax outflow. Over 2,000 of India’s biggest brands and large corporations trust us for our promises. Over 80,000 tax experts use our platform every year. We handle over 10% of India’s income tax returns. Over 2M people come back to us every year to manage their taxes. We help over 130M Indians demystify personal finances on our website every year. All of this is delivered to our customers through the convenience of cloud. They access our products via web and desktop applications, mobile phones and APIs. Even as we graduate from taxes to connected businesses and financial services, we will continue to simplify finances and bring clarity to the fore. We were incubated in Y Combinator and are funded by Silicon Valley investors, including PayPal co-founders Peter Theils Founders Fund, Max Levchin, and Scott Banister - an early investor in Facebook and Uber. We initially raised $15.5M with investors including Sequoia Capital and SAIF Partners. In October 2018, we raised $50M in series B funding from Composite Capital. We know where we want to be and are well-equipped with capital and a passionate team, to continue our growth and product journey. If you share our mission and want to build delightful fintech products, please reach us at careers@cleartax.in.
3
Total investors
0
Early stage
2
Mid stage
1
Late stage
2011
Founded
Investor geography2 countries
India
2
United States
1
Investor activity2014–2020 · investors recorded per year
201412016120201
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Clear?
Clear has 3 investors on record on gritt.io, 2 mid-stage and 1 late-stage investors.
When did Clear last raise funding?
The most recent investment in Clear recorded on gritt.io was in July 2020.
When was Clear founded?
Clear was founded in 2011.
What industry is Clear in?
Clear operates in Software Development. Find similar Software Development investors on gritt.io.
Where is Clear based?
Clear is headquartered in Bangalore, India.