Klover is a Chicago-based platform founded by ad-tech veterans and led by CEO Brian Mandelbaum that gives consumers access to modern financial services through permissioned data. Its app lets users access earned wages in seconds with no interest, no credit check, and no hidden fees. The company has grown revenue by over 1,600 percent in the past twelve months and serves a 1.5 million user base. Klover plans to use the funds to expand its sales, marketing, engineering, and product teams and to broaden services and value to consumers. It intends to grow headcount from 30 to 60 by the end of the year. The platform emphasizes capturing the benefit of permissioned data for users rather than having it taken by anonymous tech firms.

Total raised

$60M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2021