Clearco is the fastest, most affordable way for direct-to-customer and SaaS founders to fund their business and the largest eCommerce investor in the world.
Qualified companies get $10K - $10M, using data science to identify high-growth funding opportunities in less than 24 hours.
Lack of complete financial data
Clearco was already collecting financial data such as sales transactions but wanted to bolster their underwriting arsenal.
Need for holistic view
Clearco wanted a holistic view of the financial health of applicants as well as the performance of existing customers.
Desire to maintain customer experience
Clearco customers share their data via APIs and they wanted this experience to remain the same.
A complete picture
Through Codat, Clearco obtained read-only access to its customers' accounting software platforms.
Through Codat, Clearco are able to track financial performance and operational nuances using soft metrics and metadata.
Make accessing credit quicker and simpler for everybody
Clearco customers are able share their accounting data via an API in keeping with the digital experience already available to them.
“Accounting data is a critical part in making the best investment decisions for Clearco’s customers. Codat’s API allows us to quickly assess accuracy and risk while at the same time maintain our streamlined application process”
Director of Operations