Canadian capital investor Clearco has launched in Australia with a promise of $100 million on the table to back digital-first ecommerce businesses.
Co-founded by Canadian tech entrepreneur and Dragon’s Den (aka Shark Tank) star Michele Romanow, Clearco has already invested in niche B2C brands Beard Market, Vegan Grocery Store and Jolyn swimwear, and offers between $10,000 and $10 million to companies seeking working capital for inventory and other cash-flow needs.
She’s hoping to disrupt the existing model for B2C startup founders seeking investment.
“Clearco has chosen Australia for our first Southern Hemisphere launch market because it has a dynamic startup sector which is underserved in the revenue-based finance space,” she said.
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Orisun: Canadian investor Clearco launches in Australia with $100 million war chest to disrupt startup capital investment – Startup Daily
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