Fundraising Fox

Clutch

Founded 2016 · 4 known investors

clutch.ca ↗

Clutch is an online used-car retailer that buys, inspects, reconditions, and sells certified used cars directly to consumers, offering instant cash offers for sellers and financing for buyers. It serves car buyers and sellers across Canada with home delivery and a 10-day return guarantee.

E-commerceMarketplacesMobility & Transportation

Founders & leadership

Clutch was founded in 2016 by Stephen Seibel.

SSStephen Seibel
Stephen SeibelinFounder & President
DPDan Park
Dan ParkinCEOVenture Partner at Azure Capital Partners

Investors · 4

Canaan PartnersStamford · $500K – $20M
Panache VenturesMontreal · $1.5M
Upper90Providence · $5M – $25M
BrandProject CapitalreportedToronto · $500K – $3M

In the news

Clutch raises C$50 million in Series D funding | Work | Torys LLPtorys.com · Feb 2025Clutch Security Raises $20 Million for Non-Human Identity Protection Platform - SecurityWeeksecurityweek.com · Jan 2025Clutch Secures $65M in Series B Fundingwilmerhale.com · Jan 2025Clutch secures $65m Series B to revolutionise credit union technologyfintech.global · Jan 2025Credit Union Fintech Funding Reaches $65M | Clutchwithclutch.com · Jan 2025Clutch Secures $65M Series B Funding to Propel Credit Unions into the FinTech Eraprnewswire.com · Jan 2025

Frequently asked questions

What does Clutch do?
Clutch is an online used-car retailer that buys, inspects, reconditions, and sells certified used cars directly to consumers, offering instant cash offers for sellers and financing for buyers. It serves car buyers and sellers across Canada with home delivery and a 10-day return guarantee.
Who founded Clutch?
Clutch was founded by Stephen Seibel in 2016.
Who are Clutch's investors?
Clutch's investors include Canaan Partners, Panache Ventures, Upper90, BrandProject Capital.