# Clearmatics Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clearmatics-technologies

- Industry: Internet
- Headquarters: London, UK
- Website: www.clearmatics.com
- Total disclosed funding: $15M
- Latest round: Series A (Feb 1, 2018)
- Investors on record: 4

## About

Clearmatics Technologies Ltd is a London-based firm specializing in peer-to-peer infrastructure that facilitates decentralized automation across various market sectors, leveraging blockchain technologies for enhanced transaction efficiency.Founded in 2015 in London, UK, Clearmatics Technologies Ltd develops solutions that streamline transactions in decentralized markets. The company has engaged in two funding rounds, with the most recent on February 1, 2018, where it raised GBP 9.36 million in a Series A round led by Route 66 Ventures, alongside participation from TNF Capital and XTX Markets. The company's current valuation stands at GBP 34.55 million. Robert Sams, the founder and CEO, has been instrumental in steering the company’s focus on decentralized finance solutions.Clearmatics specializes in developing peer-to-peer infrastructure designed to facilitate decentralized automation within various market sectors. Their core product offerings leverage blockchain technologies, cryptography, consensus protocols, and economic mechanism design to create secure and seamless transaction environments. This infrastructure aims to eliminate unnecessary intermediaries, enabling market participants to transact directly with one another in a manner that resists monopolistic tendencies common in traditional client-server architectures. The end users of Clearmatics’ solutions include financial institutions, decentralized finance (DeFi) projects, and entities seeking to enhance transactional efficiency and security across North America, Europe, and select Asian markets.In 2016, Clearmatics generated revenue amounting to GBP 82,009.50, with an EBITDA of GBP -319,351.90. Their revenue model focuses on partnerships and transaction fees related to their decentralized platforms, catering primarily to financial institutions and DeFi projects.Following the Series A funding round on February 1, 2018, Clearmatics Technologies Ltd plans to use the raised GBP 9.36 million to expand its product offerings and enhance its infrastructure capabilities. The company aims to develop new products that support a wider range of financial services and explore expansion into emerging markets, particularly in Asia and North America, by 2020. This strategic push aligns with their objective of establishing a robust presence in regions experiencing significant adoption of blockchain technology.

## Funding rounds

- Series A, Feb 1, 2018, $13M — Route 66 Ventures, XTX Markets, TNF Capital
- Seed, Sep 15, 2015, $1.3M — Route 66 Ventures, Nyca

## Investors

- Route 66 Ventures (https://capitalatlas.ai/funds/route-66-ventures) — Seed, Series A
- Nyca (https://capitalatlas.ai/funds/nyca) — Seed
- XTX Markets — Series A
- TNF Capital (https://capitalatlas.ai/funds/tnf-capital) — Series A