Key hires to drive Clearco expansion

Clearco, the world’s largest e-commerce investor, recently announced plans to expand across Europe with two key executive hires, including a UK Head.

Ruma Bose, left, a best-selling author, and former president of Chobani Ventures and the Chobani Foundation, has joined as Chief Growth Officer. She will ensure the company has the right strategy to win outside North America, and enter multiple markets across Europe.

Sarah Clark, who led Paypal’s growth across EMEA, has joined as UK Head and Clearco’s first international country manager. She will bolster and expand Clearco’s presence in the British Isles, building a stronger brand presence.

Clark, who has held senior roles at Barclays Bank, Virgin Group, Sainsbury’s, and British Airways, said: “Since entering the UK market beginning in October 2020, we’ve invested £70 million into more than 250 UK companies, including Druids Golf, Safiyaa, and Piglet. I believe every founder building a business in the UK should be working with Clearco and I’m excited to help make that possible.”

CEO Andrew D’Souza said: “As we look to expand across the globe, we know there are almost 600 million entrepreneurs in the world who will be fuelling the future of the global economy. We believe ultimately that whoever and wherever you are, if you’re a founder building a business, you should be working with Clearco.”

Longtime Clearco advisor and investor, Bose, said. “I am inspired by the way Clearco is democratising access to capital and the real impact that it has had in changing the face of entrepreneurship by funding more female business founders and entrepreneurs of colour.

“This company is doing industry-changing work with its technology and products, while defining a new category for itself and its competitors. With global markets preparing for a recovery in 2021, this is a critical time to support the businesses that can create jobs and fuel growth.”