# McLEAR: Electrical/electronic manufacturing, Richmond, United Kingdom

> McLEAR: McLEAR is a British technology company founded in 2012, specializing in wearable technology with a focus on contactless payment solutions.

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

United Kingdom · [Electrical/electronic manufacturing startup](https://millionrounds.com/companies)

# McLEAR

McLEAR is a British technology company founded in 2012, specializing in wearable technology with a focus on contactless payment solutions.

Funding reported Last round: Series A

Electrical/electronic manufacturing Richmond, United Kingdom

Company summary

- **Founded:** 2012 14 years old
- **Team:** 14 11 to 50 people
- **Funding reported:** 23.5M as listed, currency not stated
- **Last round:** Series A Jun 2017

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for McLEAR has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About McLEAR

McLEAR is a British technology company founded in 2012, specializing in wearable technology with a focus on contactless payment solutions.

The company is known for inventing the Smart Ring, the first NFC-based smart ring, which has established it as a leader in the wearable payment industry. McLEAR has delivered over 350,000 smart rings globally, bridging the gap between fashion and technology. The Smart Ring allows users to make secure transactions by simply waving their hand at a payment terminal. It connects to debit or credit cards through the RingPay app, which also helps users manage their spending and track expenses. McLEAR's technology is designed for durability and style, appealing to consumers who value convenience and aesthetics. The company also collaborates with major financial institutions, including Visa and Bank West, and has showcased its products at high-profile events like the Rio Olympics and Super Bowl 51.

## What company datasets say McLEAR raised

Funding, as reported

Reported in all **23.5M** in the source's currency

Rounds **3**

Last round **Series A**

Last round size **23M**

Last round date **Jun 2017**

Investors listed **4**

## The company, in detail

What they build

Known for

lightweight design hardware consumers stress resistant rfid technology comfort fit fingerprint authentication internet of things financial institutions collaboration financial services mobile app rfid wearable technology nfc pin security charitable giving

Built with from their website

Google Tag Manager WordPress.org Font Awesome Apache GitHub Google Workspace Viewport Meta Varnish Google Meet Google Font API

+8 more

Microsoft Exchange Woo Commerce Microsoft 365 Apps & Services Mobile Friendly GitHub Pages RSS Vimeo Microsoft Exchange Online

- **Sector:** Electrical/electronic manufacturing
- **Industry code:** NAICS 334419
- **Region:** England
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/mclear)

## Electrical/electronic manufacturing in United Kingdom

Startups like it

- [**Nyobolt** Impington · founded 2019 *Raised*](https://millionrounds.com/company/nyobolt)
- [**Evoke Creative** founded 2003 *Raised*](https://millionrounds.com/company/evoke-creative)
- [**measurable.energy** Reading · founded 2018 *Raised*](https://millionrounds.com/company/measurable-energy)
- [**Metaboards** Oxford · founded 2016 *Raised*](https://millionrounds.com/company/metaboards)
- [**Synaptec** Glasgow · founded 2014 *Raised*](https://millionrounds.com/company/synaptec)
- [**DiGiCo** Chessington · founded 2002](https://millionrounds.com/startup/digico)
- [**MicroEmissive Displays** Edinburgh · founded 1999](https://millionrounds.com/startup/microemissive-displays)
- [**Cambridge Mechatronics Ltd** Milton · founded 1995](https://millionrounds.com/startup/cambridge-mechatronics-ltd)

## Is this your company?

Add your raise, your deck and your story, and put McLEAR in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)