Berlin-based climate fintech providing a combined software and financing platform for installation companies and private households, focused on financing and project management for photovoltaic systems, battery storage, heat pumps and charging infrastructure.
Investment Rounds
Capital activity and funding progression
| Amount | Date | Round |
|---|---|---|
| €1.2 B | Jan, 2026 | series-a |
Industries
Frequently Asked Questions
Where is Cloover located?
Cloover is located in Berlin, Germany.
What industries does Cloover operate in?
Cloover operates in the following industries: climate fintech, solar photovoltaic, heat pumps, energy storage, software, consumer financing.
How much total funding has Cloover raised?
Cloover has raised a total of $1,200,000,000.
Who are the investors in Cloover?
The investors in Cloover are: MMC Ventures, Centrotec, Earthshot Ventures, Major European bank (unnamed), European Investment Fund.
Who are the founders of Cloover?
The founders of Cloover are: Jodok Betschart, Valentin Gönczy, Peder (last name not provided), Sebastian Dorfer.
What is Cloover and what is its primary mission?
Cloover is a climate fintech company that provides a software and financing platform designed to help installers of clean energy technologies like solar panels and heat pumps. Its mission is to connect one billion people to renewable energy by removing financial and operational barriers.
How does the Cloover platform benefit renewable energy installers?
Installers can use the platform as a digital operating system to manage workflows, simplify the sales process, and offer embedded financing to customers. This often leads to a significant increase in revenue by making systems more affordable and closing deals faster.
What makes Cloover's AI-powered credit engine unique compared to traditional banks?
Unlike traditional lenders that rely on rigid credit scores, the proprietary AI evaluates long-term energy savings to approve financing. This allows for faster approvals and more flexible terms tailored to the performance of the energy assets.
Can homeowners use Cloover to finance more than just solar panels?
Yes, the platform supports a variety of distributed energy assets including home batteries, heat pumps, electric vehicle chargers, and even energy-efficient renovations, allowing for a comprehensive home energy upgrade.
How does Cloover handle public subsidies for green energy projects?
The platform can pre-finance public subsidies, which means homeowners can benefit from government incentives immediately rather than waiting months for rebates, making the transition to clean energy even more affordable from day one.
Is Cloover considered a competitor to direct-to-consumer solar companies?
No, the company positions itself as a partner to small and medium-sized installers. It provides them with the same advanced digital tools and financing power used by larger players, enabling local businesses to compete effectively.