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Fintech Clear Street Closes $165 Million Series B Funding Round To Improve Access To Capital Markets

May 24, 2022•about 3 years ago

Amount Raised

$165 Million

Round Type

series b

Description

NEW YORK, NY / May 24, 2022 / Clear Street, a fintech building better access to capital markets, announced today the completion of a $165 million Series B round to accelerate launching its platform. The round was led by Prysm Capital, LLC, a growth equity firm that partners with disruptive, category-leading companies in the technology, consumer, and healthcare sector. Additional investors included NextGen Venture Partners, Walleye Capital, Belvedere, NEAR Foundation, McLaren Strategic Ventures, and Validus Growth Investors, as well as angel investors, Illia Polosukhin (founder of NEAR), Moses Lo (founder of Xendit), and Alastair Trueger (Event Horizon Ventures).

Company Information

Company

Clear Street

About

Launched in 2018 by industry veterans, Clear Street is a financial technology company building better infrastructure for capital markets. Clear Street's first product is its cloud-based prime brokerage platform, which provides clients everything they need to trade U.S. equities and options. Future products will expand across geographies, asset classes, and be available to all market participants, including fintechs, market makers, and professional traders. Clear Street's cloud-native infrastructure is flexible, scalable, secure, and reliable. Clear Street clients are able to trade sooner and smarter - processing more than $3 billion in trades every day. For more information visit https://clearstreet.io/.

Funding Insights

Based on industry data
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