Clerq Raises $21M in Funding

Clerq, a New York-based financial technology company that provides a modern payments platform for high-ticket transactions, has secured $21 million in total funding, including a $12 million Series A round. The company has seen significant traction, reporting 6x revenue growth over the past year as it helps large enterprises move away from manual payment methods like checks and wire transfers.

Investors

The Series A round was led by 645 Ventures. Additional participants included existing investors FirstMark Capital, Fika Ventures, Commerce Ventures, and Dash Fund, along with new strategic investors Friedkin and Yossi Levi.

Clerq Use of Funds

Clerq plans to use the new capital to continue investing in its product capabilities and to expand its platform into additional high-ticket industry verticals beyond its current focus on automotive, powersports, and home and office retail.

About Clerq

Founded to modernize the checkout experience for large-purchase transactions, Clerq provides a payments platform that leverages modern bank rails to facilitate account-to-account payments. By replacing legacy payment methods, the company helps merchants improve conversion rates and protect margins without imposing heavy card surcharges on their customers.

Funding Details

Company Website: https://clerq.io

Company: Clerq
Raised: $21M
Round: Series A
Funding Date: October 2025
Lead Investor: 645 Ventures
Additional Investors: FirstMark Capital, Fika Ventures, Commerce Ventures, Dash Fund, Friedkin, Yossi Levi
Company Website: clerq.io
Software Category: Fintech
Source: https://www.businesswire.com/news/home/20251023539414/en/Clerq-Secures-%2421M-in-Funding-to-Power-the-Future-of-High-Ticket-Payments