Clutch Co, LLC, a Washington D.C.-based B2B ratings and reviews platform for IT, Marketing, and Business Services providers, received a first minority investment from Susquehanna Growth Equity.
The financial terms of the deal were not disclosed. In conjunction with the transaction, Scott Feldman will join Clutch’s Board of Directors and Josh Elser will join as a Board Observer.
The company intends to use the funds to further enhance its customer experience and product offerings.
Led by Mike Beares, Founder and CEO, Clutch provides a B2B ratings and reviews database which gives buyers unbiased ratings, reviews, and insights to help customers find B2B services firms that deliver, enabling them to make the best buying & hiring decisions. The company serves hundreds of thousands of buyers every month by providing detailed ratings and reviews on over 180,000+ IT, Marketing, and Business Services firms across 500+ segments.