# Clear Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clear-software

- Industry: Software
- Headquarters: Zionsville, US
- Website: www.clearsoftware.com
- Total disclosed funding: $3.6M
- Latest round: Series A (Aug 13, 2018)
- Investors on record: 7

## About

Clear Software, Inc. provides integration Platform as a Service (iPaaS) and business process solutions, focusing on enhancing connectivity with ERP systems like SAP and Oracle to streamline operations and improve efficiency.Founded in 2012 in Zionsville, US, Clear Software, Inc. specializes in integration solutions that optimize business processes. The company has undergone strategic development to enhance its service offering but does not have any reported pivots or changes in business operations. Jon Gilman serves as both CEO and founder, leading the company's vision since inception. Clear Software has completed 4 deals, with its latest funding round being a Series A of USD 1.060 mn on October 22, 2021, led by Collina Ventures, alongside other investors such as Charmides Capital, Hyde Park Venture Partners, and MK Capital. To date, the total amount raised by the company amounts to USD 1.060 mn.Clear Software specializes in providing integration Platform as a Service (iPaaS) and business process solutions that enhance connectivity with major enterprise resource planning (ERP) systems, particularly SAP and Oracle. Their core offerings focus on streamlining business processes across diverse systems and data stores, allowing organizations to optimize their operations regardless of the complexity involved. Clear Software's solutions include over 100 pre-built abstractions designed to simplify integration and customization for various organizational needs. The primary end users of these products are businesses seeking to improve operational efficiency and data interoperability, with marketing efforts focused primarily in North America and Europe, targeting mid-sized to large enterprises.Clear Software's revenue model is primarily based on subscription services and partnerships, enabling clients to access their integration solutions on a recurring basis. The transaction structure typically involves businesses subscribing to their services to leverage the API access and powerful integration capabilities offered by their platform. The pricing plans for these services vary depending on the level of integration required and the scale of the organization, focusing on delivering value through enhanced connectivity and automation. Clients, including those in various industries such as manufacturing, finance, and retail, engage with Clear Software to facilitate seamless interactions between their existing systems and the Microsoft Power Platform, thereby enabling enhanced data utilization and process automation.In October 2021, Microsoft Corporation acquired Clear Software, Inc. for an undisclosed amount. This acquisition is expected to bolster Microsoft's ability to integrate with external systems and enhance customer utilization of data and processes that exist beyond its own services. Clear Software plans to leverage its acquisition by developing new products that align with Microsoft’s ecosystem and expanding into new markets, particularly focusing on increasing its presence in Europe by 2023. The recent acquisition will support these initiatives by providing additional resources for product development and market expansion.

## Funding rounds

- Series A, Aug 13, 2018, $1.1M — MK Capital, Hyde Park Venture Partners, Charmides Capital, Collina Ventures, The Knall/Cohen Group
- Seed, Jan 4, 2016, $1.5M — MK Capital, Hyde Park Venture Partners, Elevate Ventures, Charmides Capital, Noyes
- Seed, Aug 13, 2015, $1M — Elevate Ventures, Noyes

## Investors

- Elevate Ventures (https://capitalatlas.ai/funds/elevate-ventures) — Seed
- Noyes (https://capitalatlas.ai/funds/noyes) — Seed
- MK Capital (https://capitalatlas.ai/funds/mk-capital) — Seed, Series A
- Hyde Park Venture Partners (https://capitalatlas.ai/funds/hyde-park-venture-partners) — Seed, Series A
- Charmides Capital — Seed, Series A
- Collina Ventures (https://capitalatlas.ai/funds/collina-ventures) — Series A
- The Knall/Cohen Group — Series A