E
eClear
A one-stop shop payment service provider that allows eCommerce businesses to do business across Europe
About eClear
ClearVAT is a specialized service provider that enables e-commerce merchants to deliver goods across borders within Europe without the burden of VAT. Operating in the B2C (business-to-consumer) market, ClearVAT serves online retailers who seek to simplify their tax obligations and reduce costs associated with cross-border transactions. The company operates in 30 European countries, offering a unique solution that ensures a 0% VAT rate on deliveries, thereby making products more affordable for consumers and reducing administrative overhead for merchants. ClearVAT's business model involves a one-time onboarding fee of 3,450 EUR plus a transaction fee, making money by charging for its tax management services and integrations. The company provides easy integration through free plugins and APIs, relieving clients from the complexities of tax rate assignments, exceptions, and frequent changes in tax laws. ClearVAT also assumes liability and handles communication with foreign tax authorities, offering a worry-free experience for its clients. This service is particularly beneficial for e-commerce merchants looking to expand their market reach within Europe without the hassle of dealing with multiple tax jurisdictions.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BEquity / VC | Dec 2023 | $2.8M | $11M | Undisclosed | — |
| SERIES BEquity / VC | May 2023 | $7.2M | $29M | Undisclosed | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for eClear is 100 monthly website visits, down 81.1% over the last three months. eClear's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
German Federal Ministry of Research, Technology and Space
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about eClear on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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