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Clair, a Social-impact Fintech Raises $4.5m Seed Round to Disrupt the Payday Lending Industry by Providing Free Instant Pay to Hourly and Gig Workers

Oct 09, 2020•almost 5 years ago

Amount Raised

$4 Million

Round Type

seed

Description

Clair, an early stage fintech startup based in New York City, wants America’s 82 million hourly workers and 57 million gig workers to get paid as quickly as Uber pays their drivers today: instantly. Today, Clair announced a $4.5 million seed round led by Upfront Ventures, with participation from Founder Collective and Walkabout Ventures. Former Venmo COO Michael Vaughan and Seamless Founder Paul Appelbaum also participated in the round.

Company Information

Company

About

AccelFoods is an early-stage venture fund investing in consumer products. We partner with entrepreneurs to bring innovative, high-quality food and beverage products to the forefront of the industry and create the next generation of enduring brands. With nearly $40m under management, we are hands-on partners that work tactically with our founders to scale their businesses quickly and smartly. We connect the dots within the broader food & beverage ecosystem to provide unique access, share distinct expertise, and build solid infrastructure.

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