Cloover logo — Connecting 1B people to renewable energy.

Cloover

Connecting 1B people to renewable energy.

Founded 2022 Germany Berlin, Germany 20 employees Debt Financing Total: $121.00M Financial Services, Renewable Energy +1

General Information

Company Name Cloover
Founded Year 2022
Location Germany Berlin, Germany
Employees 20
Industries Financial Services, Renewable Energy, Embedded Systems
Funding Stage Debt Financing
Hiring 8 roles posted in the month to 26 Sep 2026
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About Cloover

Cloover is a Swedish startup founded in 2022, with the slogan "Connecting people to renewable energy." The company's mission is to transition the world to renewable energy by providing a subscription service for every household. Cloover offers a seamless, long-term, and profitable way for customers to embrace sustainability through sustainable technology subscriptions. The company aims to create embedded finance products for renewable energy installers, functioning similarly to BNPL but for larger tickets and with a more extended horizon. Their financing of each deal not only reduces CO2 emissions but also positively impacts customers' finances, enabling them to save more than they pay. The company recently secured a notable €7.00M Pre Seed Round investment on 18 October 2023 from investors including Index Ventures, Christian Edler, Broadhaven Ventures, 9900, QED, Centrotec Sustainable, and Philippe Teixeira da Mota. Cloover's full-service model, accessible to vendors through an online portal, emphasizes the importance of operational excellence and world-class customer service. This aligns with their goal of facilitating the widespread adoption of sustainable technology. For those interested, further information is available at www.cloover.co.

Business keywords: embedded finance, subscription service, CO2 emissions reduction, operational excellence, sustainable technology, renewable energy installers, long term profitability

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $108.50M -
28 May 2024
Seed Round $5.50M 3
QED Investors, Lowercarbon Capital +1
28 May 2024
Pre Seed Round €7.00M 7
Christian Edler, Broadhaven Ventures +5
18 Oct 2023

Cloover Alternatives & Competitors

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Cloover vs
SWITCHR
SWITCHR Sweden

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Cloover vs

Powering Change

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Cloover vs

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FAQ About Cloover

Connecting 1B people to renewable energy.
Cloover was founded in 2022.
Cloover is headquartered in Berlin, Germany.
Cloover operates in Financial Services, Renewable Energy and Embedded Systems. Its work centres on embedded finance, subscription service, CO2 emissions reduction and operational excellence.
Cloover has approximately 20 employees.
Cloover has completed 3 funding rounds, raising a total of $121.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to Cloover include SWITCHR, Qualitas Energy, Sorigin Group, Team Solar, Brighte. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cloover and SWITCHR are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cloover, https://bouncewatch.com/company/cloover-1, updated 29 December 2024. When citing, please name BounceWatch and link this page.

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