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Venture Capital News: Clair Snares $4.5M in Seed Funding

2020-10-11
NEW YORK, NY, Clair has announced a $4.5 million seed round led by Upfront Ventures.
Clair, an early stage fintech startup based in New York City, wants America's 82 million hourly workers and 57 million gig workers to get paid as quickly as Uber pays their drivers today: instantly. Today, Clair announced a $4.5 million seed round led by Upfront Ventures, with participation from Founder Collective and Walkabout Ventures. Former Venmo COO Michael Vaughan and Seamless Founder Paul Appelbaum also participated in the round.

Clair provides instant pay access as a service for human capital management platforms and the gig economy. With Clair, employees and contractors get access to a digital bank account that allows them to get a portion of their earned wages as soon as they finish work. Banking services provided by Synapse's partners, Member FDIC.
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