Tag #Startup Recovery

theglobeandmail.com
🌐 85% Global Worthiness
News related image

Clutch Technologies Rebounds, Exceeds Peak Valuation

Clutch Technologies Inc., an online car retailer, rebounded from near bankruptcy in 2023 to achieve over $400 million in annualized revenue and a valuation exceeding its 2021 high of $575 million by 2025, after implementing significant cost-cutting measures and improving operational efficiency.

Progress

48% Bias Score

Decent Work and Economic Growth