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Michele Romanow, Clearbanc Co-founder & President, Named Recipient of Bloomberg Canada’s Top 40 Under 40® List for 2019

Recognized for Clearbanc’s use of AI to speed up the funding process, Michele is using data to remove bias from venture funding and has invested in eight times more female founders than industry average

Toronto – WEBWIRE

Clearbanc, the company that invests in fast-growing e-commerce brands with non-dilutive marketing capital, is pleased to announce that Michele Romanow, Co-Founder and President, has been named a recipient of Bloomberg Canada’s Top 40 Under 40® for 2019.

As a “Dragon” on CBC’s hit show Dragons’ Den (Canada’s Shark Tank), Michele started five companies before her 33rd birthday and exited two before her 30th. She previously co-founded SnapSaves (acquired by Groupon) and was also the co-Founder of, which acquired ten competitors including and WagJag.  

“I’m honored to be named on this year’s Top 40 Under 40 list. As serial entrepreneurs, our team understands the difficulties and time constraints of raising funding,” said Romanow. “We have designed our products and services to be the most founder-friendly option available because venture capital isn’t the right solution for everyone. We want to continue connecting e-commerce brands to the capital that they need to grow their companies with no loss of equity, time constraints or compounding interest.”

Canada’s Top 40 Under 40® is an annual recognition of the exceptional achievements of 40 outstanding Canadians under the age of 40. Founded in 1995 by Caldwell, Top 40 has recognized more than 720 outstanding Canadians and is the country’s most coveted award for young business leaders. Honourees have a remarkable track record of achievement after their win; the ranks of Top 40 alumni include hundreds of nationally and internationally prominent CEOs, CFOs, executives, and entrepreneurs.

Michele and her peers were selected from over 850 nominees by an independent Advisory Board, comprising 25 business leaders from across Canada. Honourees were chosen on four key criteria: Vision & Innovation; Leadership; Impact & Influence; and, Social Responsibility.

The 2019 Top 40 Recipients were announced this month on BNN Bloomberg and in National Post. Recipients will attend the Top 40 National Celebrations to be held in Toronto in November, and they will be honored at the Top 40 Awards Night Gala to be held at the Metro Toronto Convention Centre on the night of November 6, 2019.

The award comes on the heels of Clearbanc’s 20-Min Term Sheet launch, which is the quickest way for founders to gain access to capital without diluting their companies. To apply, visit and get approval on capital from $10,000 to $10 million in 20 minutes or less.

About Clearbanc
Clearbanc believes that selling equity to fund digital marketing and customer acquisition is a bad deal for startups. To tackle this, the company built an alternative for fast-growing businesses who generate consistent revenue from their marketing spend. Clearbanc offers funding from $10,000 to $10 million in exchange for a steady revenue share of their earnings until it’s paid back plus a six percent fee.  
For more information see


 40 Under 40
 Michele Romanow
 Venture Capital

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