Cloover offers an AI‑driven platform that integrates planning, procurement, financing, and energy management for residential renewable projects. It connects homeowners, installers, manufacturers, and energy suppliers to streamline project workflows, provide instant financing, and optimize energy usage in real time. The solution enables installers to increase efficiency, reduce material costs, and expand access to renewable energy for customers.
Funding
$5.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
LCFounders
Product
Problem
Many homeowners are interested in adopting renewable energy solutions like solar panels, battery storage, EV chargers, and heat pumps, but the upfront costs can be a significant barrier. Renewable energy companies often struggle to offer accessible and flexible financing options, which can hinder sales and limit market reach.
Solution
Cloover provides a plug-and-play platform that enables renewable energy companies to offer embedded financing solutions to their customers. This allows homeowners to access flexible payment options for sustainable home upgrades, making these technologies more affordable and accessible. By integrating Cloover's platform, companies can streamline their sales processes, increase conversion rates, and expand their market reach by offering attractive financing directly within their existing sales channels. The platform simplifies the financing process, providing approvals in seconds from any mobile device.
Target Audience
The primary target audience is renewable energy companies that sell and install solar panels, battery storage, EV chargers, and heat pumps to residential customers.
Features
- Embedded financing solutions for solar panels, battery storage, EV charging stations, and heat pumps
- Seamless integration into existing sales processes and mobile devices
- Instant financing approvals
- Increased sales and conversion rates (up to 30%)
- Expanded market reach through flexible payment options