Fundz

Clutch raised $65M in a Series B funding round to enhance the integration of credit unions into the FinTech landscape.

PRIVATEJan 23, 2025

Amount Raised

$65 Million

Round Type

Series B

San FranciscoFinancial ServicesFinance

Investors

FJ LabsFlight Deck CapitalBMO Capital PartnersIndustry VenturesAltos Ventures

Description

Clutch has successfully secured $65 million in Series B funding. This investment will be used to propel credit unions into the FinTech era, enhancing their services and offerings.

Quick answer

Clutch raised $65 Million in a Series B round, dated January 23, 2025. Investors: FJ Labs, Flight Deck Capital, BMO Capital Partners, Industry Ventures and Altos Ventures. Clutch is based in San Francisco, California, United States.

How much did Clutch raise?
Clutch raised $65 Million in a Series B round on January 23, 2025.
Who invested in Clutch?
FJ Labs, Flight Deck Capital, BMO Capital Partners, Industry Ventures and Altos Ventures are named as investors in this round.
What does Clutch do?
Clutch is a FinTech company that partners with credit unions to modernize their operations by providing digital solutions that enhance loan origination and deposit account onboarding.
Where is Clutch based and how big is it?
Clutch is based in San Francisco, California, United States. Fundz records about 183 employees.
Who are the decision-makers at Clutch?
Fundz holds 1 contact at Clutch, including the Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Clutch that raised within 45 days of this round, from Fundz verified event records.

  • Relief raised $5M on March 7, 2025.
  • Streamex Corp. raised $819K (Seed) on March 5, 2025.
  • Grain raised $33M (Series A) on March 5, 2025.
  • myTU raised $11M (Series A) on March 4, 2025.
  • Lenkie raised $63M (Series A) on March 4, 2025.
  • AMNIS Treasury Services AG raised $11M (Series B) on February 28, 2025.

Who to call at Clutch, and when

A new round usually means Clutch is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Clutch

Location

560 Alabama St

San Francisco, California, United States

About

Clutch is a FinTech company that partners with credit unions to modernize their operations by providing digital solutions that enhance loan origination and deposit account onboarding. Clutch's platform offers seamless, secure experiences for both members and employees, increasing operational efficiency, cross-selling opportunities, and overall customer satisfaction. Since its founding in 2020, Clutch has expanded its suite of services, including digital loan applications and deposit account openings, while helping credit unions grow their portfolios. With over $10 billion in consumer loans funded and deposits raised, Clutch continues to drive innovation in the financial sector.

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Related People

1 contact
Verified contactsChristopher C., Executive OfficerSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Clutch raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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