Clear Street, which says it is building “modern infrastructure” for capital markets, has raised $270 million in the second tranche of a Series B funding round at a $2 billion valuation.
Growth equity firm Prysm Capital led the financing, which brings the round total to $435 million. New York-based Clear Street raised the first tranche of the round in May of 2022 at a $1.7 billion valuation. Prysm led that first tranche as well, which was the company’s first round of funding raised from outside investors. Until last year, Clear Street had been operating with only capital provided from its co-founders.
The company was founded in 2018 with a mission “to r...
