Clutch secures C$100m in D1 Capital-led Series B funding

Clutch, a Toronto-based online car retailing platform, has secured C$100 million in a Series B financing, according to a blog post.

Clutch, a Toronto-based online car retailing platform, has secured C$100 million in a Series B financing, according to a blog post. The round was led by D1 Capital Partners, with participation from new investor Flight Deck Capital and existing investors Canaan Partners, Upper90, Real Ventures, Global Founders Capital, BrandProject and FJ Labs. D1’s Scott Baxter will join the board. Clutch earlier this year raised C$60 million in debt and equity.

Source: Blog post