The investment comes from FPE Fund III and will support Clearstate as it expands its geographical reach and go to market capabilities.
"Clearstate is a highly compelling business that aligns perfectly with FPE’s expertise in supporting B2B data and information companies. Operating in a large and dynamic market, Ivy and her team have built Clearstate into a leading provider of essential market data. We are genuinely excited to partner with Ivy and her team, supporting their vision and helping to unlock the significant growth potential ahead."
FPE Capital led the investment to support international expansion and product development.
"Tom has built an impressive business that operates in a large and growing market, creating demonstrable ROI for its clients. There is strong chemistry between us, Tom and his team, so we are looking forward to supporting them achieve their exciting growth ambitions"