Insights

Strategic Investment Clutch recently received a $10 million investment from iA Financial Group, which presents an opportunity for collaboration on integrating insurance products into Clutch's online platform, potentially boosting sales through enhanced offerings.

National Expansion With a recent $150 million debt financing from Neuberger Berman Group LLC to drive national expansion and increase the inventory of used vehicles, Clutch is poised to tap into new markets, creating sales opportunities in diverse geographical regions.

Innovative Product Launch The launch of Clutch's unique 12-hole design on Captiva Island in Florida signals innovation in the used car retail industry, potentially attracting customers seeking distinct vehicle options, opening avenues for increased sales and brand visibility.

Robust Financial Backing Having secured a cumulative funding of $177 million from various investors, including Canaan Partners and Upper90, Clutch boasts financial stability, enabling more aggressive sales strategies, marketing campaigns, and product enhancements.

Market Differentiation Compared to similar companies such as GoodFirms and TrustRadius, Clutch's focus on online used car sales with a seamless buying and financing experience presents a unique value proposition, offering sales teams a distinctive pitch to attract customers looking for hassle-free car buying solutions.

Clutch Tech Stack

Clutch uses 8 technology products and services including ButterCMS, Squarespace, React, and more. Explore Clutch's tech stack below.

  • ButterCMS
    Content Management System
  • Squarespace
    Content Management System
  • React
    Javascript Frameworks
  • HubSpot Chat
    Live Chat
  • Google Maps
    Maps
  • PWA
    Miscellaneous
  • Webflow
    Page Builders
  • YouTube
    Video Players

Media & News

Clutch's Email Address Formats

Clutch uses at least 2 format(s):
Clutch Email FormatsExamplePercentage
First.Last@clutchcanada.comJohn.Doe@clutchcanada.com
91%
First@clutchcanada.comJohn@clutchcanada.com
8%
Last@clutchcanada.comDoe@clutchcanada.com
1%
First.Last@clutch.caJohn.Doe@clutch.ca
84%
First@clutch.caJohn@clutch.ca
16%

Frequently Asked Questions

Where is Clutch's headquarters located?

Minus sign iconPlus sign icon
Clutch's main headquarters is located at 60 Adelaide St E Toronto, Ontario M5C 3E4 CA. The company has employees across 3 continents, including North AmericaAsiaEurope.

What is Clutch's official website and social media links?

Minus sign iconPlus sign icon
Clutch's official website is clutch.ca and has social profiles on LinkedIn.

How much revenue does Clutch generate?

Minus sign iconPlus sign icon
As of August 2024, Clutch's annual revenue reached $35M.

What is Clutch's NAICS code?

Minus sign iconPlus sign icon
Clutch's NAICS code is 5112 - Software Publishers.

How many employees does Clutch have currently?

Minus sign iconPlus sign icon
As of August 2024, Clutch has approximately 201 employees across 3 continents, including North AmericaAsiaEurope. Key team members include Chief Of Staff & Director Of Growth: S. S.Ceo: D. P.Founder & Coo: S. S.. Explore Clutch's employee directory with LeadIQ.

What industry does Clutch belong to?

Minus sign iconPlus sign icon
Clutch operates in the Software Development industry.

What technology does Clutch use?

Minus sign iconPlus sign icon
Clutch's tech stack includes ButterCMSSquarespaceReactHubSpot ChatGoogle MapsPWAWebflowYouTube.

What is Clutch's email format?

Minus sign iconPlus sign icon
Clutch's email format typically follows the pattern of . Find more Clutch email formats with LeadIQ.

How much funding has Clutch raised to date?

Minus sign iconPlus sign icon
As of August 2024, Clutch has raised $10M in funding. The last funding round occurred on Jul 05, 2024 for $10M.

When was Clutch founded?

Minus sign iconPlus sign icon
Clutch was founded in 2016.
Clutch

Clutch

Software DevelopmentOntario, Canada201-500 Employees

Clutch is Canada’s largest online used car retailer, delivering a seamless, hassle-free car buying and financing experience to drivers everywhere. Shop thousands of used cars online, get the right one delivered to your door, and enjoy peace of mind with our 10-day Money-Back Guarantee. You can even sell or trade in your car and get an instant cash offer. How sweet is that? Clutch. Cars done right.

Section iconCompany Overview

Headquarters
60 Adelaide St E Toronto, Ontario M5C 3E4 CA
Website
clutch.ca
NAICS Code
5112 - Software Publishers
Founded
2016
Employees
201-500

Section iconFunding & Financials

  • $10M

    Clutch has raised a total of $10M of funding over 8 rounds. Their latest funding round was raised on Jul 05, 2024 in the amount of $10M.

  • $10M$50M

    Clutch's revenue is in the range of $10M$50M

Section iconFunding & Financials

  • $10M

    Clutch has raised a total of $10M of funding over 8 rounds. Their latest funding round was raised on Jul 05, 2024 in the amount of $10M.

  • $10M$50M

    Clutch's revenue is in the range of $10M$50M

Ready to create more pipeline?

Get a demo and discover why thousands of SDR and Sales teams trust
LeadIQ to help them build pipeline confidently.

© LeadIQ, Inc. All rights reserved.