STEPPING ON THE GAS: CANADIAN ONLINE CAR SELLING PLATFORM CLUTCH SECURES $60-MILLION TO BUILD NATIONAL PLATFORM
Via Globe and Mail Sean Silcoff Published March 29, 2021 Dan Park has had a wild ride since becoming CEO…
Clutch launched in 2017 and is transforming the way Canadians buy used cars by making the process simple, cost efficient, and user friendly. Clutch is unlike traditional used car dealers because it is an online first dealership – a similar business model to a few very successful USA-based startups.
Customers can browse online via the Clutch website or mobile app, and scroll through Clutch’s inventory for cars in their area that are available for purchase. Customers can then book a test drive from the Clutch platform right to their door step.
BrandProject led the first institutional investment round in 2018 and has been helping the management team with operations, digital marketing, fundraising, and finance.