Clutch

Clutch

Online marketplace to sell and buy cars in Canada.

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DateInvestorsAmountRound
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CAD50.0m

Valuation: CAD575m

Series D
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202020212023
Revenues0000000000000000
% growth-65 %125 %-
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

More about Clutch
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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.

Keywords: Automotive Industry, Technology-Driven, Used Cars, Car Trading, Service Fee, Individual Car Owners, Buyers, Advanced Web Technologies, User Experience, Disruptive.

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