# Clover

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clover

- Industry: Internet
- Headquarters: Shanghai, China
- Website: www.clover.ly
- Total disclosed funding: $4.1M
- Latest round: Series A (Oct 24, 2015)
- Investors on record: 2

## About

Clover is a technology company that develops innovative iOS applications designed to enhance everyday life through media and digital solutions, catering primarily to the Chinese-speaking demographic.Founded in 2011, Clover, headquartered in Shanghai, China, specializes in software development for iOS platforms. The company has successfully secured a total of CNY 21 million in Series A funding from Blue Ocean Capital on October 24, 2015. Led by CEO Hillary Farm, Clover has pursued various projects aimed at improving daily user experiences through technology. The company has carried out two investment deals since inception.Clover ????? focuses on creating a broad array of iOS applications aimed at improving lifestyle through technological advancements. Their flagship offerings include the iDaily ???? series, which features various applications targeted at lifestyle, efficiency, and financial management. Noteworthy products are the Days Matter countdown app, apps for tracking global art exhibitions and watch news, alongside a comprehensive weather application. Serving over 260 million Chinese-speaking users worldwide, these applications provide event planning, habit tracking, and detailed weather forecasts, ensuring user engagement via cross-platform synchronization and personalized reminders.In the most recent fiscal year of 2022, Clover generated revenue amounting to CNY 4,132,281.40, with an EBITDA of CNY 753,249.40. The revenue is primarily derived from direct-to-consumer transactions, including subscription plans and in-app purchases, enabling users to access premium content and features.Clover plans to leverage its recent Series A funding of CNY 21 million to further enhance its product portfolio and expand into new markets. Strategies include the upcoming launch of additional lifestyle applications aimed at enhancing user engagement and functionality. The company is targeting expansion into broader Chinese-speaking markets across Asia by 2025, utilizing the funding to support product development and marketing efforts to increase market penetration.

## Funding rounds

- Series A, Oct 24, 2015, $3.3M — Blue Ocean Capital
- Angel, Dec 1, 2012, $0.8M — MPC

## Investors

- MPC — Angel
- Blue Ocean Capital (https://capitalatlas.ai/funds/blue-ocean-capital) — Series A