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Clutch races past $1B in total cars purchased amid record growth

Summary by BetaKit
Toronto-based Clutch recently reached an important destination—surpassing $1 billion CAD worth of total vehicles purchased—and according to the online car retailer, it’s going to keep right on driving.   “It took us nine years to hit the first billion dollars, and it’ll take us less than 12 months to hit the second billion.” Stephen Seibel, Clutch Clutch co-founder and COO Stephen Seibel announced the news in a LinkedIn post yesterday. In an in…
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BetaKit broke the news in on Friday, July 4, 2025.
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