Article by:
Rebecca Bellan
Clutch wants to be Canada’s largest online used car buying platform. The company, which was founded in 2016, just closed out an $80 million (CAD $100 million) Series B round that it will use to grow its team, expand its logistical capabilities and scale its inventory as it prepares to move into new Canadian markets.
“We want to be servicing 90% of Canadians by the end of 2023,” Dan Park, CEO of Clutch, told TechCrunch. “And that involves launching in a few more key cities across Canada. Cities like Montreal or Winnipeg are some of the larger cities in Canada which we will eventually go to.” Read full automotive article here.
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