What is Clear Street?
Launched in 2018 by seasoned industry professionals, Clear Street is dedicated to developing superior infrastructure for capital markets. Its flagship offering is a proprietary, cloud-native prime brokerage platform designed for institutions, professional traders, and brokerages. This platform provides comprehensive tools for trading U.S. equities and options, built on a flexible, scalable, secure, and reliable cloud foundation. Clear Street aims to expand its suite of services to cater to a broader range of market participants across various geographies and asset classes, positioning itself as a key player in modernizing financial trading infrastructure.
How much funding has Clear Street raised?
Clear Street has raised a total of $435M across 1 funding round:
Series B
$435M
Series B (2023): $435M with participation from Prysm Capital, NextGen Venture Partners, NEAR Foundation, McLaren Strategic Ventures, and Walleye Capital
Key Investors in Clear Street
Prysm Capital
Prysm Capital is a flexible source of growth capital and partnership for disruptive teams, focusing on technology and consumer sectors. They partner with proven businesses that have validated product market fit and exceptional management teams.
NextGen Venture Partners
NGVP specializes in early-stage investments ranging from $500K to $2M in promising B2B startups, particularly those focused on SaaS, Healthtech, Fintech, Data, and Robotics. They provide not only financial support but also access to their unique VP Engine, which facilitates connections with industry executives.
Walleye Capital
Walleye Capital is a global multi-strategy investment firm that focuses on innovation through deep fundamental research, quantitative methods, and artificial intelligence to generate alpha across global markets. The firm employs a collaborative culture and strong risk management framework to support diverse strategies.
What's next for Clear Street?
With the recent major strategic investment and its overall significant funding, Clear Street is poised for accelerated expansion and product development. The company's focus on building robust, native cloud infrastructure suggests a strategic emphasis on scalability and technological advancement. This capital will likely fuel the enhancement of its existing prime brokerage platform and the introduction of new services, aiming to capture a larger market share. The company's enterprise-level funding context points towards a mature stage of growth, where strategic partnerships and market penetration are key objectives for sustained success in the competitive financial technology landscape.
See full Clear Street company page
