Clutchs Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 265

Employees

  • Latest Deal Type
  • Series D

  • Latest Deal Amount
  • $50.4M

  • Investors
  • 19

Clutchs General Information

Description

Operator of a car-buying platform intended to offer a selection of vehicles at competitive prices. The company's platform provides second-hand cars at reasonable prices and easier financing by removing showrooms and commissioned salespeople from the purchase process, enabling customers to choose from various vehicles of various brands at an affordable rate.

Contact Information

Website
www.clutch.ca
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 60 Adelaide Street East
  • Toronto, Ontario M5C 3E4
  • Canada
+1 (647)
Primary Industry
Automotive
Other Industries
Application Software
Vertical(s)
Mobility Tech, SaaS
Corporate Office
  • 60 Adelaide Street East
  • Toronto, Ontario M5C 3E4
  • Canada
+1 (647)

Clutchs Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Clutchs Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Later Stage VC (Series D) 15-Jan-2025 $50.4M Completed Generating Revenue
9. Later Stage VC (Series C) 03-Nov-2023 Completed Generating Revenue
8. Secondary Transaction - Private 01-Oct-2023 Completed Generating Revenue
7. Debt - General 10-May-2022 Completed Generating Revenue
6. Later Stage VC (Series B) 16-Nov-2021 Completed Generating Revenue
5. Later Stage VC (Series A) 29-Mar-2021 Completed Generating Revenue
4. Early Stage VC 23-Jul-2020 Completed Generating Revenue
3. Early Stage VC 30-Oct-2019 Completed Generating Revenue
2. Early Stage VC 25-Apr-2019 $1.5M Completed Generating Revenue
1. Seed Round 26-Nov-2018 $2M $1.5M Completed Startup
To view Clutchs’s complete valuation and funding history, request access »

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Clutchs Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a car-buying platform intended to offer a selection of vehicles at competitive prices. The company's platfor
Automotive
Toronto, Canada
265 As of 2025

Mexico
 

Vancouver, Canada
 
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Clutchs Competitors (6)

One of Clutchs’s 6 competitors is Kavak, a Venture Capital-Backed company based in Mexico.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Kavak Venture Capital-Backed Mexico
Canada Drives Venture Capital-Backed Vancouver, Canada
TrueCar Formerly VC-backed Santa Monica, CA
Cazoo Private Equity-Backed Richmond, United Kingdom
RideNow Group Corporation Chandler, AZ
To view Clutchs’s complete competitors history, request access »

Clutchs Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Clutchs Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds
BMO Capital Partners PE/Buyout Minority
Industrial Alliance Insurance and Financial Services Holding Company Minority
Industry Ventures Venture Capital Minority
True North Fund Venture Capital Minority
Altos Ventures Venture Capital Minority
You’re viewing 5 of 19 investors. Get the full list »

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Clutchs FAQs

  • When was Clutchs founded?

    Clutchs was founded in 2016.

  • Where is Clutchs headquartered?

    Clutchs is headquartered in Toronto, Canada.

  • What is the size of Clutchs?

    Clutchs has 265 total employees.

  • What industry is Clutchs in?

    Clutchs’s primary industry is Automotive.

  • Is Clutchs a private or public company?

    Clutchs is a Private company.

  • What is Clutchs’s current revenue?

    The current revenue for Clutchs is .

  • How much funding has Clutchs raised over time?

    Clutchs has raised $362M.

  • Who are Clutchs’s investors?

    BMO Capital Partners, Industrial Alliance Insurance and Financial Services, Industry Ventures, True North Fund, and Altos Ventures are 5 of 19 investors who have invested in Clutchs.

  • Who are Clutchs’s competitors?

    Kavak, Canada Drives, TrueCar, Cazoo, and RideNow Group are some of the 6 competitors of Clutchs.

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