Latest round

Series A

Last raised

May 2023

Total raised

$17M

Investors

12

About Cloverly

Founded in 2018 and based in Georgia, US, Cloverly, Inc. operates as a developer of an online solution that calculates and neutralizes carbon emissions on a per-transaction basis. The company was founded by Anthony Oni from a spun-out of Southern Company. Jason Rubbottom serves as the CEO of Cloverly, Inc. Mr. Rubbottom also served as the GM of eBay and CEO of Ally Commerce, an eCommerce software company. In July 2021, Cloverly, Inc. The company's product is an online solution that calculates and neutralizes carbon emissions on a per-transaction basis. It offers emission calculations that create real-time carbon offset estimates based on specific information such as shipping weight & origination, destination postal codes, and other data appropriate to the use case. The solution can also match the location, cost, and project type as closely as possible to the initial carbon-producing activity. It also generates a carbon impact estimation for every order added to the cart in eCommerce scenarios so customers can track the carbon impact of their order and details of the specific offset project used. The company revenue is generated through a subscription-based format that can be classified from customers or merchants as their payment options.02 for volume-based pricing.

Who invested in Cloverly

12 investors across 2 rounds

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Funding rounds

  1. Series A

    May 11, 2023

    Amount

    $15M

    Investors

    Locked

  2. Seed

    Jun 18, 2021

    Amount

    $2.1M

    Investors

    Locked

Questions about Cloverly

Who invested in Cloverly?

Cloverly has 12 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Cloverly raised?

Cloverly has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Cloverly last raise money?

Cloverly's most recent round on record is a Series A, in May 2023.

What does Cloverly do?

Founded in 2018 and based in Georgia, US, Cloverly, Inc.

Where is Cloverly headquartered?

Cloverly is headquartered in Atlanta, US.

Which VCs invest in companies like Cloverly?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Cloverly's stage. Their profiles are linked below.

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