Lending FinTech Clearbanc has launched ClearAngel to automate investment.
In Brief:
This marks a world first.
It will bring together “capital, network and advice for early-stage founders”.
Clearbanc has invested in 4,000 companies and it will target the 40,000 that did not qualify for Clearbanc capital.
What does this mean?
CEO Michelle Romanov Co-Founder announced the launch on LinkedIn, commenting that being a founder can be a lonely journey and the right guidance is essential.
“It’s great if you have ‘friends and family’ who can write you a $10-50k check (sic) without thinking, but most hard-working, brilliant entrepreneurs run in those circles,” she added.