How much funding has Cloover raised?

Cloover has raised $30M+ equity / $1.3B+ debt (total capital ~$1.34B) in total funding. Their latest funding round was Series A. Key investors include MMC Ventures, QED Investors, Lowercarbon Capital, BNVT Capital, Bosch Ventures, Centrotec, Earthshot Ventures.

Where is Cloover headquartered?

Cloover is headquartered in Berlin, Germany.

What does Cloover do?

Cloover operates in the AI in Climate / Energy sector. Cloover is a Berlin-based climate fintech building an AI operating system that connects homeowners, installers, manufacturers and energy suppliers to accelerate residential renewable energy adoption. An all-in-one B2B platform giving solar/heat-pump installers AI-powered CRM, instant customer financing, automated procurement and energy management — removing fragmented software stacks and financing friction that slow renewable energy rollout.

When was Cloover founded?

Cloover was founded in 2023. It is based in Berlin, Germany.

Who is the CEO of Cloover?

Jodok Betschart is the CEO of Cloover. The company was founded in 2023.

Where is Cloover located?

Cloover is headquartered in Berlin, Germany.

What funding stage is Cloover at?

Cloover is currently at the Growth Stage stage.

Cloover

Category: AI in Climate / Energy

Cloover is a Berlin-based climate fintech building an AI operating system that connects homeowners, installers, manufacturers and energy suppliers to accelerate residential renewable energy adoption. Cloover was founded in 2023. The company is led by Jodok Betschart. Based in Berlin, Germany. Total funding raised: $30M+ equity / $1.3B+ debt (total capital ~$1.34B). Latest round: Series A. Key investors include MMC Ventures, QED Investors, Lowercarbon Capital, BNVT Capital, Bosch Ventures, Centrotec, Earthshot Ventures.

Founded: 2023
Headquarters: Berlin, Germany
Total funding: $30M+ equity / $1.3B+ debt (total capital ~$1.34B)

Value proposition

An all-in-one B2B platform giving solar/heat-pump installers AI-powered CRM, instant customer financing, automated procurement and energy management — removing fragmented software stacks and financing friction that slow renewable energy rollout.

Products and solutions

Cloover Platform: AI-based installer CRM & workflow tools, real-time customer financing (2-minute credit/ID checks, €0 deposit), automated procurement/ordering, real-time energy management and optimization.

Unique value

Combines AI-driven credit underwriting (factoring long-term energy savings, subsidy pre-financing) with an integrated installer operations platform — enabling near-instant financing decisions and higher installer efficiency/revenue.

Target customer

Regional and independent residential renewable energy installers (solar, heat pumps, wallboxes, battery storage, AC) across Europe, and the homeowners they serve.

Industries served

AI in Climate / Energy, Fintech, Residential Solar/Renewables

Technology advantage

AI-powered credit underwriting and workflow automation trained on proprietary installer/consumer energy savings data; end-to-end integration across financing, procurement and energy management not offered by point-solution competitors.

How they differentiate

Positions as a B2B enabler/platform for installers rather than a direct-to-consumer seller like Enpal or 1Komma5°; focuses on financing + software infrastructure ('Shopify for energy') rather than owning installation.

Main competitors

Enpal (Germany, direct-to-consumer solar), 1Komma5° (Germany, direct-to-consumer energy), Otovo (Norway, solar marketplace)

Key partnerships

500+ installer partners across Europe, Heizma (Austria heat-pump installer; first Austrian market partner), Bosch Ventures and Centrotec (equity + industrial partners), €300M European Investment Fund (EIF) guarantee backing financing programs, $1.2B debt facility from leading European bank (undisclosed), operations/offices: Germany, Switzerland (Geneva), Sweden, Netherlands, Austria (Vienna)

Notable customers

Heizma (Vienna-based heat pump installer; first customer/partner in Austrian market), 500+ regional renewable energy installers (solar, heat pumps, batteries, wallboxes) across DE/CH/SE/NL/AT

Major milestones

2023: Founded in Berlin by Jodok Betschart, Peder Broms, Valentin Gönczy, Oct 2023: €7M pre-seed led by 9900 Capital, May 2024: $114M seed (debt+equity) led by Lowercarbon Capital, 2025: 8x revenue growth, approaching $100M sales, profitable, Jan 2026: $22M Series A (MMC Ventures & QED) + $1.2B debt facility; total equity >$30M, debt >$1.3B, 2026: Vienna office; Austria launch via Heizma; expansion targets France, Italy, UK

Growth metrics

500+ installer partners; €250M+ project volume; 10,000+ projects on platform; installers see 39% more revenue, 26% more customers, 32% greater efficiency via platform; targeting 8x revenue growth to ~$500M sales by 2026.

Market positioning

Infrastructure/fintech layer for the European residential renewable energy value chain, aiming to be the dominant B2B operating system rather than compete on installation volume.

Geographic focus

Europe — active: Germany, Switzerland, Sweden, Netherlands, Austria; expanding: France, Italy, UK

About Jodok Betschart

Co-Founder & CEO of evenito (B2B software company, founded 2016); prior experience at 14Peaks Capital and HealthSnap; studied at University of St. Gallen (HSG). Co-founded Cloover in 2023 alongside Peder Broms and Valentin Gönczy.

Latest news about Cloover

Berlin-based Cloover has secured 1.2 billion USD, combining 22 million in Series A equity with a major debt facility for its AI energy operating system. This platform unifies installers and households

More AI in Climate / Energy companies

Official website: https://www.cloover.com