# WithClutch

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/withclutch

- Industry: Financial Services
- Headquarters: Half Moon Bay, US
- Website: www.withclutch.com
- Total disclosed funding: $59M
- Latest round: Series B (Aug 20, 2024)
- Investors on record: 4

## About

Based in California, US, and founded in 2020, WithClutch Inc operates as a provider of a mobile application that offers its users underwriting functions with regard to auto loans. The company was founded by Chris Coleman and Nicholas Hinrichsen. In August 2024, WithClutch, Inc. raised USD 39.04 million in series B funding led by Alkeon Capital Management, including CMFG Ventures, Andreessen Horowitz, and Peterson Partners. The series B funding values WithClutch, Inc. at USD 522.02 million post-money. As of 2025, the company is currently led by its CEO Nicholas Hinrichsen.

The software solution offered by the firm allows credit unions to identify high-interest loans that users hold outside the credit union and offer alternative loans reducing members’ interest rates and monthly payments. It makes the underwriting process automated. The company offers a refinancing facility and enables users to buy the car digitally. Apart from refinancing recaptures and digital car buying the firm is also a savings hub that ensures the financial wellness of the user.

## Funding rounds

- Series B, Aug 20, 2024, $39M — Peterson Partners, Andreessen Horowitz, Alkeon Capital Management, CMFG Ventures
- Series A, Mar 27, 2022, $20M — Andreessen Horowitz, CMFG Ventures

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B
- CMFG Ventures — Series A, Series B
- Peterson Partners (https://capitalatlas.ai/funds/peterson-partners) — Series B
- Alkeon Capital Management (https://capitalatlas.ai/funds/alkeon-capital-management) — Series B