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Cloover

Climate FinTech that offers embedded finance solutions for renewable hardware provider

Cloover logo
1-20 employees
  • Fintech
  • B2B
  • Energy
  • Sustainability
Mitte, Berlin, Germany

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Company mission

To enable 1 billion people to be part of the sustainable world of tomorrow by providing a one-click worry free access to renewable energy.

Our take

Although there is a growing appetite for renewable energy sources, the expense associated with making the switch can put many people off. Cloover hopes to combat this, by enabling renewable energy vendors to offer their services on a subscription basis.

Through the company's platform, renewable technology providers can offer embedded financing options to clients with ease. This lowers the monetary barrier of entry for individuals and businesses to install, for example, solar panels or EV charging stations, helping to accelerate the installation of renewable energy systems.

The company's rather unique approach has earned it €7 million in funding that it will use to enhance its platform, launch in Germany, and expand both its offering and geographical footprint. Cloover ultimately plans to establish a connected network of independent power providers, helping to reduce carbon emissions and create a better energy ecosystem for the future.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Performance-related bonuses
  • International working environment
  • Opportunities for professional development

Company values

  • Boldness
  • Growth
  • Impact
  • Innovation
  • Social responsibility
  • Sustainability

Funding (1 round)

May 2024

$5.5m

SEED

Total funding: $5.5m

This company has top investors

Leadership

Jodok Betschart

(Co-CEO)

Founder and Member of the Board at evenito. Former Investment Analyst at Aberdeen Asset Management.

Peder Broms

(Co-CEO & CFO)

Advisor at Stockholm 12. Was previously Head of Origination and Portfolio Manager at Finserve Nordic for 4 years.

Tony Kirmo

(CRO)

Investor and Co-founder at Xpains. Co-founder and Board Member at Nordic Finance Business Partner AB, where they were also CEO for 3.5 years.

Valentin Gönczy

(CPO)

Former Junior Associate with Lenz & Staehelin, and Compliance Officer at Pictet Group. Previously co-founded and was CPO at infinight.

Cloover 1