Canadian ‘dragon’ enters Irish market with technology fundraising platform
Clearco boss Michele Romanow, a panellist on Dragons’ Den in Canada, says the firm will open its European base in Dublin later this year
Clearco, an alternative fundraising platform for tech businesses, plans to hire 12 staff when it opens its Irish office later this year.
The Dublin-based office will act as a European hub for Clearco, formerly known as Clearbanc. In lieu of taking equity in the businesses it invests in, Clearco takes a percentage of revenues from those companies for a set period.
“We’re very excited about Ireland. It’s an incredible hub to work out of and it’s going to be an important local market as well,” Michele Romanow, co-founder and president of Clearco, told the Business Post. She was speaking at Collision, a virtual conference held last month.
