Frequently Asked Questions
What is Clear’s investment focus? Clear focuses on the cleantech, premium consumer products, healthy living, software and technology sectors, but is actively open to opportunities in other sectors.
Does Clear only invest in companies located in New England? Clear Venture Partners is a New England-focused investment fund. On occasion, Clear may invest in a company outside of New England, if the opportunity is unusually compelling and a member of Clear’s team has direct domain expertise.
What stage of investment does Clear prefer? Clear Venture Partners invests in early- and development-stage companies, typically with revenues of $1 million to $20 million. Clear may also infrequently invest in highly compelling start-up opportunities.
Does Clear co-invest with other financing entities? Clear leads (prices, structures and syndicates) almost all its investments but also co-invests with other venture capital firms. Clear’s financing can often enable companies to leverage additional debt financing.
What is the average range of Clear’s investment? Initial investment is usually $500,000 to $2 million with follow-on investments of up to $3 million. Clear typically participates in financing rounds between $1 million to $5 million.
What financing instruments does Clear use? Clear Venture Partners invests primarily in a new class of preferred stock.
What is the typical term in years of Clear’s investment? Clear expects repayment with gains on all investments within a four to seven year period. Liquidity events can include sale, merger, initial public offerings or private equity buyouts.
How many investments does Clear Venture Partners make each year? Clear will typically make investments in three-to-five new companies per year.
