Clear Street logo

Clear Street

New York, NY, United States Financial Services & FinTech Public

Clear Street is a cloud-native capital markets platform providing end-to-end prime brokerage services. The company offers institutional investors unified access to trading, risk management, and financing for U.S. equities and options. As of September 2025, the platform supported $17.2 billion in interest-bearing client balances and cleared approximately 3.8% of U.S. equity market volume, with daily trading activity of more than $31.3 billion.

Public Company

Clear Street is publicly traded

IPO'd on Jan 20, 2026

CLRS NASDAQ

This company is no longer available on our private secondary market. Shares can be traded publicly under CLRS.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2018

Employees

501–1,000

Total Funding

$1.88B

13 rounds

Last Private Valuation

$12B

Jan 13, 2026

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

5 signals
Restructuring Recent 2026-05-19

Cutting more than 50 jobs following abandoned IPO plans, part of a broader organizational pivot

Cost-cutting signal amid post-IPO-pullback restructuring

Leadership Change Recent 2026-05-19

CEO Ed Tilly retired effective June 1, 2026; founder Uri Cohen returned as CEO

Founder-led governance reasserted after failed IPO; leadership already matches stored profile

M&A Recent 2026-02-23

Agreed to acquire Boom Securities (via Ignition Holdings), its first fully licensed APAC clearing brokerage

Strategic APAC expansion; not itself a repricing event.

IPO Recent 2026-02-17

Postponed intended Nasdaq IPO (ticker CSIG) citing market conditions, plans to reconsider later

Public-listing liquidity event pushed out indefinitely

Fundraise Recent Series C ~$135.4M 2026-01-31

Clear Street raised ~$135.4M Series C preferred stock (Dec 2025/Jan 2026); subsidiary issued $78.5M notes; total debt $300M

Strong pre-IPO funding; bridges runway after withdrawn IPO

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $1.88B across 13 rounds

Last updated 09-29-2026

DateRoundAmount RaisedValuationLead Investors
Jun 1, 2026 Senior Notes $400M — Not disclosed
Jan 13, 2026 Series C (Pre-IPO) Bloomberg $140.3M $12B Baillie Gifford, SBI Holdings
Jan 13, 2026 Senior Unsecured Notes due 2030 (add-on) $78.5M — Not disclosed

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$2B $5B $10B 2023 2024 2025 2026 Clear Street

Entry · Series B

$1.7B

May 2022

Clear Street today

$12B

Jan 2026 · latest mark

Clear Street multiple

7.1x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Prominent Investors

Prysm Capital

Leadership

  • Uriel Cohen

    Co-Founder, Executive Chairman & Chief Executive Officer

  • Elli Ausubel

    Executive Vice Chairman of the Board

  • Steve Bisgay

    Chief Financial Officer

  • Megan Cruse

    Chief Operating Officer

  • Jon Daplyn

    Chief Technology Officer

  • Andy Volz

    Co-President & Chief Commercial Officer

  • John DiBacco

    Co-President & Global Head of Markets

  • Atul Pawar

    Chief Risk Officer

  • Christy Moccia

    Chief Compliance Officer

  • Kenneth Sicklick

    Chief Legal Officer

  • Michael Stover

    Chief People & Performance Officer

  • John D'Agostini

    Co-Head of Investment Banking

  • Nicholas Hemmerly

    Co-Head of Investment Banking

  • Alex Lawton

    Chief Executive Officer, Clear Street UK and Europe

  • Ed Tilly

    Board Member

  • Chris Pento

    Co-Founder & Board Member

  • Sachin Kumar

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Interactive Brokers

    Global electronic brokerage firm providing prime brokerage services to institutional investors and professional traders.

  • Alpaca

    API-first brokerage for trading equities, options, and crypto with emphasis on automation and cloud-native infrastructure.

  • Ibex Trading

    Cloud-based prime brokerage and trading platform for institutional investors and hedge funds.

  • Lightspeed Trading

    Brokertech solutions provider for independent broker-dealers and institutional traders.

  • DriveWealth

    Cloud-native brokerage technology platform enabling investment accounts and trading for global clients.

Clear Street Investment FAQ

Clear Street FAQ

Yes, Clear Street is publicly traded under the ticker symbol CLRS on the NASDAQ. The company went public in Jan 20, 2026.

Clear Street trades under the ticker symbol CLRS on the NASDAQ. It began trading in Jan 20, 2026.

Clear Street (CLRS on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker CLRS to place an order.

Clear Street went public in Jan 20, 2026 via ipo, with an offering valuation of approximately $12B. Clear Street filed a Form S-1 on January 20, 2026 for a proposed Nasdaq listing under the ticker CLRS, initially offering 23.8 million shares at $40-$44 to raise about $1.05 billion. On February 12, 2026 it cut the deal by roughly two thirds to 13 million shares at $26-$28 - about $351-364 million at an implied equity value near $7.2 billion - and postponed the offering, confirming this in a company statement on February 17. Clear Street requested withdrawal of the registration statement on February 19, 2026 (Form RW) and announced a voluntary SEC deregistration on February 23, 2026, saying it intended to file a Form 25 on or about March 2. No shares were ever sold. The company remains private as of late September 2026, with no new registration statement filed since the withdrawal; it has said it may reconsider an IPO at a later time, and in June 2026 raised $400 million of senior unsecured notes instead.

Clear Street raised $1.88B across 13 disclosed funding rounds prior to its public listing.

Clear Street was co-founded by Uriel Cohen, Chris Pento, and Sachin Kumar in 2018.

Clear Street is headquartered in New York, NY, United States.

Access live market data

Sign Up

Data collected with AI, which can make mistakes. Please double-check this information.