How Much Did Cloverly Raise?
Funding & Key Investors

Cloverly, a prominent player in the climate technology sector, has successfully secured a major strategic investment, bringing its total capital infusion to $21.1M. This latest financing round, which saw the company raise $19M, underscores the growing market demand for automated, real-time carbon mitigation solutions. By integrating sophisticated API-driven calculations with the procurement of high-quality carbon offsets and Renewable Energy Credits, Cloverly is positioning itself as a critical infrastructure provider for organizations striving to achieve carbon neutrality or negative emissions status.

The company's growth trajectory, marked by its transition from early-stage seed backing to a robust Series A position, reflects a broader trend in enterprise-level adoption of ESG-compliant technologies. As corporations face increasing pressure to quantify and mitigate their environmental footprint, Cloverly's automated platform offers a scalable solution that bridges the gap between complex emissions data and actionable sustainability outcomes.

What is Cloverly?

Cloverly
SoftwareFinancial Software

Headquartered in Atlanta, Georgia, Cloverly operates at the intersection of environmental science and enterprise software. The company provides a powerful API that enables businesses to calculate carbon emissions associated with everyday activities in real-time. Beyond mere calculation, the platform facilitates the immediate purchase of verified carbon offsets and Renewable Energy Credits, effectively automating the mitigation process. This service is essential for modern enterprises looking to integrate sustainability directly into their operational workflows, thereby enhancing transparency and accountability in their climate-related reporting.

How much funding has Cloverly raised?

Cloverly has raised a total of $21.1M across 2 funding rounds:

2021

Angel/Seed

$2.1M

2023

Series A

$19M

Angel/Seed (2021): $2.1M with participation from Tech Square Ventures, Circadian Ventures, and SB Opportunity Fund

Series A (2023): $19M led by Aquiline Technology Growth, Grotech Ventures, and Impact Engine

Key Investors in Cloverly

Aquiline Technology Growth

Aquiline Technology Growth (ATG) is a New York-based firm that invests in early- and growth-stage technology companies, specifically targeting the global insurance and financial services ecosystems.

Grotech Ventures

Grotech Ventures focuses on partnering with innovative entrepreneurial talent in high-potential technology companies, emphasizing sustainable growth and market transformation outside of Silicon Valley.

Impact Engine

Impact Engine is a venture capital and private equity firm dedicated to investing in companies that generate measurable positive social and environmental impacts alongside financial returns.

What's next for Cloverly?

With the successful closure of its latest funding round, Cloverly is well-positioned to accelerate its product development and expand its market reach. The strategic backing from specialized venture firms suggests a focus on scaling the API infrastructure to support larger, more complex enterprise ecosystems. Future growth will likely center on deepening the integration capabilities of the platform, potentially expanding into new sectors that require rigorous carbon accounting. As the regulatory landscape for climate disclosure tightens globally, Cloverly's ability to provide verifiable, real-time environmental impact data will be a key differentiator in the competitive climate tech landscape.

See full Cloverly company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Content & Collaboration SoftwareSoftware
Content & Collaboration SoftwareSoftware
Human Resources SoftwareSoftware
Financial SoftwareSoftware

Frequently Asked Questions Regarding Cloverly Financial Insights

What are the most recent funding rounds that Cloverly has completed, and what were the funding rounds?
Cloverly has recently completed 2 funding rounds: Series A on May 11, 2023, Angel/Seed on Jul 7, 2021.
What is the total amount of funding Cloverly has raised to date?
Cloverly has raised a total of $21.1M in funding to date.
How many funding rounds has Cloverly completed?
Cloverly has completed 2 funding rounds.
How much funding did Cloverly raise in its most recent funding round?
Cloverly raised $19M in its most recent funding round.
Who are the lead investors in Cloverly's latest funding round?
The lead investor in Cloverly's latest funding round was Aquiline Technology Growth. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cloverly's history?
The largest funding round in Cloverly's history was $19M.
See more information about Cloverly