# Cloverleaf Communications

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cloverleaf-communications

- Industry: Software
- Headquarters: Woodbury, US
- Website: www.cloverleafcomm.com
- Total disclosed funding: $21M
- Latest round: Series C (Jun 28, 2005)
- Investors on record: 4

## About

Cloverleaf Communications Inc. specializes in providing innovative solutions for telecommunications and networking needs, focusing on enhancing connectivity and communication capabilities across diverse sectors.Cloverleaf Communications Inc. was founded in 2001 in Woodbury, US. The company operates in the telecommunications sector, providing services aimed at improving network and communication efficiency. In its history, Cloverleaf has completed a total of 4 deals and was recently acquired by Kreos Capital, with the financial details undisclosed. The company raised USD 12.00 mn in its latest funding round, a Trade Sale, which coincides with the total amount raised throughout its operations. No changes in business strategy or notable pivots have been recorded.Cloverleaf Communications Inc. offers a comprehensive suite of telecommunications services, focusing on enhancing connectivity solutions tailored to various business needs. Their core services include advanced networking infrastructure, communication system setups, and ongoing technical support. Through these offerings, Cloverleaf aims to improve communication efficiency and reliability for its clientele across different sectors, emphasizing the importance of robust connectivity solutions.Cloverleaf operates primarily on a project-based revenue model, generating income through service contracts that address specific telecommunications needs. Revenue is derived from installation projects, system upgrades, and ongoing maintenance services. Pricing structures typically reflect the complexity of each service provided, ensuring transparency and detailed estimates are delivered during initial consultations. The firm focuses on building strong client relationships to foster repeat business and referrals, contributing to its revenue streams.Cloverleaf Communications Inc. is focusing on developing new telecommunications solutions and expanding its services into emerging markets. The company is strategically planning to enter additional geographic regions by the end of 2024, leveraging recent funding to support these expansions. The capital raised in the Trade Sale will be allocated towards research and development for product innovation, as well as marketing efforts to establish a foothold in the targeted regions. This approach aims to enhance Cloverleaf's market presence and service offerings in the telecommunications industry.

## Funding rounds

- Series C, Jun 28, 2005, $11M — Genesis Partners, Hyperion Israel Venture Partners, Bank of America, Elta Systems
- Series A, Aug 17, 2001, $10M — Genesis Partners, Bank of America, Elta Systems

## Investors

- Genesis Partners (https://capitalatlas.ai/funds/genesis-partners) — Series A, Series C
- Bank of America — Series A, Series C
- Elta Systems — Series A, Series C
- Hyperion Israel Venture Partners (https://capitalatlas.ai/funds/hyperion-israel-venture-partners) — Series C