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Clearbanc comes for Europe's venture capitalists with a $645 million fund for e-commerce startups

19 days ago   |   By Business Insider

Summary List Placement
Canadian venture capital disruptor Clearbanc is headed to Europe, launching a £500 million fund for British e-commerce startups.
Clearbanc was founded in 2015 by married cofounders Andrew D'Souza and former "Dragons' Den" dragon Michele Romanow.
Clearbanc's model of revenue-based financing has increasingly become part of the funding picture for fast-growing startups, particularly those which need capital for repeat spend in areas like inventory, sales, or marketing.
Clearbanc's founders believe e-commerce startups with high spend in these areas are not well served by...
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