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Announcing Clearbanc B2B and Runway, A New Way for Companies to Understand Business Metrics and Extend Cash Flow

Runway, now available to SaaS and ecommerce brands, gives founders deeper views into their business and offers funding in 24-48 hours to help keep businesses running

Toronto – WEBWIRE

Clearbanc, the company changing the way founders raise money with fast, affordable capital, today announced the launch of Runway in response to the economic crisis brought on by COVID-19. Runway analyzes a business’s cash burn and cash on hand to offer founders flexible, monthly equity-free cash injections to help founders sustain operations, also known as their ‘runway.’ Clearbanc is also expanding its overall non-dilutive capital beyond consumer companies to B2B companies to convert MRR to ARR.   

According to data from Pitchbook, venture capital deal volume is projected to slow dramatically in the coming months as economies reel from the impact of the novel coronavirus. Formerly lucrative businesses have been forced to pull back from growth plans and many investors are advising founders to rethink strategies with a sharp focus on managing burn and runway. 

Runway Extension Plans and Capital for B2B SaaS Companies and Online Brands 
In response, Clearbanc, which has already invested in 2,200 online brands across all 50 states in the US, developed Runway to support founders in this changing economy. 

Runway assesses companies’ current business metrics, including cash balance, overhead, revenue, margin, growth rate and industry segment and uses Clearbanc’s proprietary AI platform to predict companies’ financial runway. The platform then creates a custom funding plan with investment to help founders extend their existing capital and maintain momentum. 

“There is no playbook for the current economic crisis and recovery, and every founder needs more insight and options to navigate this incredibly difficult time,” said Michele Romanow, Co-Founder and President of Clearbanc. “In addition, venture capital is even harder to come by. Capital is the most important tool to sustain and grow a business, and is now needed more than ever. Clearbanc Runway fills a huge need in the market.” 

Runway is available to e-commerce, D2C and enterprise SaaS companies that meet a minimum eligibility requirement of $10,000 monthly revenue and at least six months of consistent revenue history. 

“It’s been hard to know where to start or what kind of growth is even possible is this climate,” said Theresa DeMarco, Founder of District 5 Boutique and Clearbanc customer. “Clearbanc’s funding really helps us map a trajectory to see this through, and a runway tool only adds to those insights and helps us make better business decisions.”

For more information on Clearbanc or to see if you qualify for the Runway service, please visit: 

About Clearbanc
Founded in 2015 by Michele Romanow (Canada’s Shark Tank), Andrew D’Souza, Ivan Gritsiniak, Charlie Feng, and Tanay Delima, Clearbanc is changing the way companies raise money by providing fast, affordable capital to online brands and B2B SaaS companies. Clearbanc’s data-driven algorithm has invested in 2,200+ companies across 50 states and backed 8x more female-founders than traditional VC. Clearbanc customers span small businesses across the United States, Canada, and the UK to some of the fastest-growing consumer brands today, like Le Tote, Leesa Sleep, Farmgirl Flowers, and Public Goods. For more information visit and @clearbanc.

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