Fundraising Fox

Clutch

Founded 2016 · 477 employees on LinkedIn · 16 known investors

Find your way into Clutch

1,101 people in our graph share verified history with the Clutch team — schools, employers, funds. One of them is your warm intro.

Harley Finkelsteinunlockedknows Dan Park · together at McGill University (overlapped)
×5knows the team · via The Wharton School
×4knows the team · via Deutsche Bank
knows the team · via Uber
knows the team · via Clutch

Clutch is an online platform for buying and selling used cars in Canada, offering pricing, inspection, e-contracting, financing, and delivery through software built in-house. Founded in 2016, it aims to bring transparency and speed to used-car transactions for Canadian consumers.

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
AR
Anshul RuparellChief Financial Officer
RB
Richard BallChief Production Officer

Investors · 16

Canaan Partners✓ verifiedStamford · $500K – $20M
Altos Ventures✓ verifiedBurlingame · $1M – $3M
Panache VenturesMontreal · $1.5M
Upper90Providence · $5M – $25M
Alkeon Capitalreported · 2 sourcesNew York
Andreessen Horowitzreported · 2 sourcesMenlo Park · $500K – $50M
BMO Capital PartnersreportedToronto, Ontario
BrandProject CapitalreportedToronto · $500K – $3M
FJ LabsreportedNew York · $100K – $3M
Flight Deck CapitalreportedSan Francisco
Industry VenturesreportedSan Francisco · $250K – $50M
Lightspeed Venture PartnersreportedMenlo Park · $1.7M – $87M
Merlin VenturesreportedMclean · $2M – $6M
Peterson Venture Partnersreported · 2 sourcesSalt Lake City · $5M – $25M
SignalFirereported · 2 sourcesSan Francisco · $250K – $15M
TruStage Venturesreported · 2 sourcesMadison · $1M – $5M

Funding

SEC filings, press & company announcements

$65M disclosed across 1 of 2 rounds · 2025

Source: company announcements and press reports — follow each round's link for the claim.

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 platform for buying and selling used cars in Canada, offering pricing, inspection, e-contracting, financing, and delivery through software built in-house. Founded in 2016, it aims to bring transparency and speed to used-car transactions for Canadian consumers.
Who founded Clutch?
Clutch was founded by Stephen Seibel in 2016.
Who are Clutch's investors?
Clutch's investors include Canaan Partners, Altos Ventures, Panache Ventures, Upper90, Alkeon Capital, Andreessen Horowitz, BMO Capital Partners, BrandProject Capital and 8 more.
How much funding has Clutch raised?
Clutch has disclosed $65M raised across 1 of its 2 known rounds.