Andrew D'Souza

Andrew D'Souza is a prominent entrepreneur and the co-founder of Clearbanc, a financial technology company that specializes in providing non-dilutive capital to e-commerce businesses. Under his leadership, Clearbanc has emerged as a major player in the industry, investing over $1 billion into more than 2,800 companies, utilizing data science to identify high-growth funding opportunities quickly.12

Career Background

Before founding Clearbanc, D'Souza held significant roles in various companies. He served as the president of Nymi, a wearable technology firm focused on identity and security, and was the COO of TopHat, an education startup. His career began at McKinsey & Company as a consultant, where he gained valuable experience in business strategy.123

D'Souza has also been an adviser and investor in several notable companies, including WealthSimple and Properly, and has raised hundreds of millions of dollars in venture capital throughout his career.12

Education

He holds a degree in Systems Design Engineering from the University of Waterloo, which has equipped him with a strong foundation in both technical and business disciplines.14

Recent Developments

In early 2022, D'Souza transitioned from his role as CEO of Clearbanc to become the Executive Chairman, allowing Michele Romanow, another co-founder, to take over as CEO. This change was part of a strategic shift to enhance the company's focus on long-term growth and operational efficiency.35 Despite stepping back from the CEO position, D'Souza remains actively involved in the company's strategic direction and operations.