We are pleased to announce that Clutch has placed No. 15 on the 2023 Report on Business ranking of Canada’s Top Growing Companies after reporting a three-year growth of 2071%.
Clutch has revolutionized the way Canadians buy and sell used-cars with its platform rooted in convenience, transparency and affordability. The online platform allows customers to skip the hassle of dealing with salespeople and they can browse, finance, insure, and purchase all from the comfort of their home. After the vehicles pass through a thorough inspection point they are delivered directly to customers’ doors – it's as simple as ordering a pizza for delivery.
Canada’s Top Growing Companies is an editorial ranking that was launched in 2019. It aims to bring the accomplishments of innovative businesses in Canada to the forefront. In order to qualify for this voluntary program; companies had to complete an in-depth application process and fulfill requirements. In total, 425 companies earned a spot on this year’s ranking.
The full list of 2023 winners along with editorial coverage is published in the October issue of Report on Business magazine. The list is out now and online here.
“We are proud to be included on The Globe and Mail’s Top-Growing Companies list for the third year in a row,” says Dan Park, CEO of Clutch. “Being recognized in the top 15 spots in the ranking demonstrates our continued growth, which would not have been possible without our incredibly talented team who are committed to changing the way Canadians purchase cars.”
This recognition from The Globe and Mail continues to ignite the Clutch’s passion for embracing innovation to streamline the automotive retail experience for Canadian consumers as it continues to expand.
“Canada's Top Growing Companies acknowledges the drive and ingenuity displayed by Canadian business," says Dawn Calleja, Editor of Report on Business magazine. “This year’s ranking serves as an inspiration for future business owners.”
“This year’s Report on Business magazine’s list of Top Growing Companies shows how innovative ideas always rise to the top, perhaps even more so in times of uncertainty,” says Andrew Saunders, CEO of The Globe and Mail. “The Globe and Mail congratulates this year’s winners for meeting and surpassing those economic challenges.”
Founded in 2017, Clutch is Canada’s first and largest online used car retailer, delivering a seamless, hassle-free car buying and selling experience to Canadian drivers. Created to modernize the used car market, Clutch lets customers shop hundreds of high-quality cars and access an end-to-end online purchase experience that includes financing, warranties, and seamless home delivery. Plus, customers get to enjoy peace of mind with a 10-Day Money-Back Guarantee. Headquartered in Toronto, Clutch currently services Ontario, New Brunswick, Nova Scotia, and Prince Edward Island. Clutch is backed by a number of world-class investors, including Canaan, BrandProject, Real Ventures, D1 Capital, BMO, FJ Labs, Global Founders Capital, and Azure Capital Partners. To learn more, visit clutch.ca.
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.2 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.7 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.