# Clearbanc funding: rounds and investors

> Clearbanc has raised $170M across 3 rounds since 2018. Investors include Inovia Capital, Highland Capital and Founders Fund. Every round with its source.

Source: https://millionrounds.com/company/clearbanc (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Clearbanc*

3 rounds we have observed, with the 16 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Advertising & Adtech Fintech Martech

Funding summary Updated 26 Oct 2026

**$170M** raised across 3 rounds since 2018, from 3 sources

**$70M** Round **$50M** Round **$50M** Round

- **Latest round:** Round, $50M Jul 2019
- **Led by:** Highland Capital
- **Biggest round:** $70M Round · Nov 2018
- **Investors:** 16 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019

**$70M** Round

**$50M** Round

**$50M** Round

- **First round:** Round, $70M
- **Biggest round:** $70M
- **Usual gap between rounds:** 7 months

[**Clearbanc** Adtech/martech 1 / 19 Their pitch deck **Clearbanc's pitch deck, 19 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/clearbanc)

## The rounds

- **Jul 2019** Round **$50M** *3 new* *1 returning* [Highland Capital](https://millionrounds.com/fund/highland-capital) Lead [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Emergence Capital](https://millionrounds.com/fund/emergence-capital) [Arcadia](https://millionrounds.com/fund/arcadia-2) Reported by TechCrunch
- **Dec 2018** Round **$50M** *1 new* [Upper90](https://millionrounds.com/fund/upper90) Reported by FinSMEs
- **Nov 2018** Round **$70M** *12 new* [Founders Fund](https://millionrounds.com/fund/founders-fund) [FJ Labs](https://millionrounds.com/fund/fj-labs) [8VC](https://millionrounds.com/fund/8vc) [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Western Technology Investment](https://millionrounds.com/fund/wti) [Emergence](https://millionrounds.com/fund/emergence) [CoVenture](https://millionrounds.com/fund/coventure) [Berggruen Holdings](https://millionrounds.com/fund/berggruen-holdings) [Portag3](https://millionrounds.com/fund/portag3) Real Social Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2018 **Round** 2018 **Round** 2019 [Inovia Capital](https://millionrounds.com/fund/inovia-capital) [Highland Capital](https://millionrounds.com/fund/highland-capital) L [Founders Fund](https://millionrounds.com/fund/founders-fund) [FJ Labs](https://millionrounds.com/fund/fj-labs) [8VC](https://millionrounds.com/fund/8vc) [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Western Technology Investment](https://millionrounds.com/fund/wti) [Emergence Capital](https://millionrounds.com/fund/emergence-capital) [Emergence](https://millionrounds.com/fund/emergence) [CoVenture](https://millionrounds.com/fund/coventure)

## Everyone who backed them

[Inovia Capital](https://millionrounds.com/fund/inovia-capital) VC firm **2** rounds

[Highland Capital](https://millionrounds.com/fund/highland-capital) Private equity **1** round, led 1

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[8VC](https://millionrounds.com/fund/8vc) VC firm **1** round

[Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) VC firm **1** round

[Western Technology Investment](https://millionrounds.com/fund/wti) VC firm **1** round

[Emergence Capital](https://millionrounds.com/fund/emergence-capital) VC firm **1** round

[Emergence](https://millionrounds.com/fund/emergence) Growth equity **1** round

[CoVenture](https://millionrounds.com/fund/coventure) Hedge fund **1** round

[Berggruen Holdings](https://millionrounds.com/fund/berggruen-holdings) Family office **1** round

[Portag3](https://millionrounds.com/fund/portag3) VC firm **1** round

[Upper90](https://millionrounds.com/fund/upper90) Private equity **1** round

[Arcadia](https://millionrounds.com/fund/arcadia-2) VC firm **1** round

Real no record of our own yet **1** round

Social no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=clearbanc).

## Also claim to have backed them

This firm lists Clearbanc as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Kensington Capital Partners Limited](https://millionrounds.com/fund/kensington-capital-partners-limited) VC firm Per its own site

## Quick answers about Clearbanc

### Who invested in Clearbanc?

Clearbanc's investors include Inovia Capital, Highland Capital, Founders Fund, FJ Labs and 8VC, and 11 more on record. Highland Capital led its latest round.

### How much has Clearbanc raised?

Clearbanc has raised $170M across 3 rounds since 2018.

### When did Clearbanc last raise?

Clearbanc's most recent round was an Undisclosed round of $50M in Jul 2019, led by Highland Capital.

### What was Clearbanc's biggest round?

Clearbanc's largest round on record is $70M (Undisclosed round), in Nov 2018.

### Who backed Clearbanc first?

Clearbanc's first round on record, in Nov 2018, was backed by Founders Fund, FJ Labs and 8VC and 9 others.

### What stage is Clearbanc at?

Clearbanc's latest named round is an Undisclosed round, in Jul 2019.

### Where is Clearbanc based?

Clearbanc is based in Canada.

### Who led Clearbanc's rounds?

Highland Capital led the Undisclosed round in 2019.

## Companies like Clearbanc

In the same sector, and raised in the last eighteen months.

[**Neo Financial** $182M · Oct 2026](https://millionrounds.com/company/neo-financial)[**Timia Capital** Aug 2026](https://millionrounds.com/company/timia-capital)[**Helcim** $59M · Aug 2026](https://millionrounds.com/company/helcim)[**Clearco** $200M · Aug 2026](https://millionrounds.com/company/clearco)[**Taiv** $17M · Jul 2026](https://millionrounds.com/company/taiv)[**Nesto** $302M · Jun 2026](https://millionrounds.com/company/nesto)

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