E Commerce Investor Valued At Nearly $2B In Funding Round

Clearco's Series C round featured $100 million in equity and $250 million in debt, according to its statement. The business, founded in 2015, also announced a name change from its previous Clearbanc brand, a move it said is meant to reflect its focus on taking an active role in advising companies.

"The move from Clearbanc to Clearco really signals our move beyond capital," co-founder and president Michele Romanow said in the statement.

"We've invested...

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