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Cloover

Birger Jarlsgatan 57C, Stockholm, Stockholms Lan, Sweden

Overview

Berlin-based Cloover offers an end-to-end operating system that combines workflow management, financing, procurement, and energy optimisation for residential renewable-energy projects. The platform uses AI to automate installer operations, underwrite credit by factoring projected energy savings, and pre-finance public subsidies so consumers can avoid upfront costs. Installers can offer point-of-sale financing, improving conversion rates and shortening cash cycles, while institutional investors gain access to a new sustainability-aligned asset class. Cloover reported more than eight-fold revenue growth in 2025, remaining profitable with sales nearing $100 million. Management forecasts revenue of about $500 million in 2026 and $1 billion in 2027. With fresh capital, the company plans to expand into France, Italy, the United Kingdom, and Austria, and to further automate its platform with additional AI-driven capabilities.

Total raised
$1.3B
Funding rounds
4
Latest round
Debt Financing
Latest activity
Jan 2026

Industries

  • Embedded Systems
  • Financial Services
  • Renewable Energy
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Recent funding

  1. Debt Financing

    Jan 2026

    $1.2B

  2. Seed

    May 2024

    $114M

  3. Seed

    Oct 2023

    $7M

Team