C
Clutch
Online marketplace to sell and buy cars in Canada
About Clutch
Clutch.ca is a technology-driven startup that operates in the automotive industry. It offers a unique platform that simplifies the process of buying and selling used cars. The company primarily serves individual car owners and buyers, providing them with a hassle-free and transparent car trading experience.
The business model of Clutch.ca is based on the use of advanced technology to streamline the car trading process. It uses a unique algorithm to match buyers and sellers, ensuring a fair and efficient transaction. The company makes money by charging a service fee for each successful transaction made through its platform.
Clutch.ca operates in a highly competitive market, but its use of technology and commitment to transparency sets it apart from traditional car dealerships. The company's innovative approach to car trading has the potential to disrupt the traditional automotive industry and redefine how used cars are bought and sold.
The company's website uses advanced web technologies to provide a seamless user experience. It uses cookies to track user behavior and preferences, ensuring a personalized and efficient browsing experience. The website also uses local storage to save user data, providing a faster and more efficient user experience.
In summary, Clutch.ca is a technology-driven startup that offers a unique platform for buying and selling used cars. It serves individual car owners and buyers, operates in the automotive industry, and makes money by charging a service fee for each successful transaction.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Toronto, Canada
- Employees
- 444
- Open positions
- 22
- Dealroom signal
- 94.0/100
- Industry
- Transportation
- Sub-industry
- Search, Buy & Rent
- Sector
- Transportation, Used Vehicles, Online Car Purchasing
- Business model
- Marketplace & ecommerce
- Client focus
- B2C
Knowledge graph
News
More headlines
Open roles
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES DOther financing | Feb 2025 | $37M | $422M | FJ Labs · Industry Ventures · Flight Deck Capital · BMO Capital Partners | ↗ |
| LATE VCOther financing | Jul 2024 | $7.3M | $367M | IA Financial Group | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Clutch is 2.6M monthly website visits, down 16.1% over the last three months. Clutch's team grew 17.2% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Clutch in the Toronto ecosystem
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
BrandProject
Engage Ventures
Real Ventures
Azure Capital Partners
Global Founders Capital
FJ Labs
Series A4 investors entered at this stage
Stephen Chau
Canaan
D1 Capital Partners- FDFlight Deck
Series B and later7 investors entered at this stage
Upper90
Neuberger Berman
IA Financial Group
Altos Ventures
Industry Ventures
Flight Deck Capital
BMO Capital Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Clutch on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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