Cloover

Cloover's platform functions as an end-to-end solution for installers of solar panels, batteries, heat pumps, and EV chargers. It integrates workflow management software, procurement, financing options, and energy management into a single system, sometimes referred to as the "Shopify of Energy". The business model is centered on empowering small and medium-sized installers by providing them with digital tools to streamline their sales process, manage payments, and offer financing directly to homeowners at the point of sale. This approach helps installers improve their cash flow, reduce administrative work, and increase revenue by an average of 30% by reaching customers who might not afford the high upfront costs of renewable energy systems. For homeowners, the platform offers access to clean energy with no initial capital investment, leading to estimated energy cost savings of 20-30%.

The company's core product utilizes an AI Finance co-pilot that assists with credit underwriting by factoring in long-term energy savings and pre-financing public subsidies, allowing consumers to benefit from incentives immediately. For institutional investors, Cloover provides access to a new infrastructure asset class supported by performance data and climate impact tracking. Since its inception, Cloover has demonstrated significant growth, reporting an 8x revenue increase in 2025 while maintaining profitability. The company has secured substantial financial backing, including a notable seed round of $114 million in 2024 and a massive financing package in January 2026, which included $22 million in Series A equity and a $1.2 billion debt facility. This capital is intended to fund customer and installer financing and support the company's expansion into new European markets such as France, Italy, the UK, and Austria, from its current operations in Germany, Switzerland, Sweden, and the Netherlands.