Meet the Cloover team: (L-R) CTO Vivek Jain with founders Jodok Betschart, Peder Broms, Valentin Gönczy
Berlin, Germany – As electricity demand surges across Europe, households are facing rising pressure from unstable grids and unpredictable energy costs. At the same time, interest in decentralized solutions such as solar panels, batteries, heat pumps, and EV charging continues to accelerate.
The challenge has never been consumer demand. It has been the lack of infrastructure capable of delivering these systems at scale while keeping financing accessible.
Cloover was built to close that gap. The company announced a landmark financing commitment aimed at accelerating residential energy independence across Europe.
Cloover has secured $22 million in Series A equity funding alongside a $1.2 billion debt facility, bringing total capital commitments to $1.222 billion. The equity round was led by MMC Ventures and QED Investors, with participation from Lowercarbon Capital, BNVT Capital, Bosch Ventures, Centrotec, and Earthshot Ventures.
The debt facility was provided by a leading European bank and is designed to fund installer and customer financing directly on the Cloover platform. The company also benefits from a €300 million guarantee from the European Investment Fund, enabling scalable and low-cost capital deployment.
In total, Cloover has now raised more than $30 million in equity and secured over $1.3 billion in debt financing. The scale of the commitment reflects the urgency facing Europe’s residential energy transition.
Small and mid-sized installers remain the backbone of decentralized energy adoption across the region. Yet many still rely on fragmented tools, manual workflows, and limited access to capital.
Traditional banks struggle to finance residential energy assets efficiently at the household level. That mismatch has slowed installations and pushed clean energy out of reach for many consumers.
Cloover approaches the problem differently by embedding financing directly into installer workflows. Its platform pairs capital access with purpose-built software designed specifically for decentralized energy systems.
AI-powered financing reshapes residential energy access
At the core of Cloover’s platform is AI-driven credit underwriting that evaluates long-term energy savings rather than relying solely on traditional credit metrics. This approach allows financing decisions to better reflect the real economic value of energy systems.
The platform also pre-finances public subsidies, enabling homeowners to benefit immediately from government incentives. For institutional investors, Cloover opens access to a new infrastructure asset class backed by performance data and transparent climate impact tracking.
“With this $1.2 billion commitment, we’re enabling households to become energy independent without the friction of upfront costs or complex loan applications,” said Jodok Betschart, Cloover co-founder and CEO. “Our AI operating system connects stakeholders across the value chain and makes energy independence scalable.”
Cloover’s operating system integrates financing, procurement, workflow management, and energy optimization into a single platform. It automates complex processes, detects risks early, and supports data-driven decisions from initial sales through long-term energy management.
The company’s AI Finance co-pilot also helps installer partners manage capital flows and liquidity challenges. This allows installers to scale faster without relying on disconnected financial tools.
Installers, households, and investors benefit at scale
Installers using Cloover can offer financing at the point of sale, increasing conversion rates and expanding their addressable market. Automated workflows reduce administrative burden and shorten cash cycles.
On average, installer partners generate around 30 percent incremental revenue by reaching customers they previously could not serve. Homeowners gain access to decentralized energy systems without large upfront investments.
Cloover estimates that households using its platform see between 20 and 30 percent energy cost savings through optimized system performance and financing structures. These benefits compound as energy prices continue to fluctuate.
By connecting manufacturers, installers, investors, and households into a single ecosystem, Cloover enables energy projects to scale efficiently and transparently. The company likens its role to the way software platforms unlocked scale in e-commerce decades ago.
“Cloover is not just about financing,” said Valentin Gönczy, co-founder and CPO. “We’re building the backbone for energy independence and creating the Shopify of energy.”
The company was founded after extensive research with hundreds of installers across Europe revealed the same recurring bottleneck. Demand was accelerating, but financing infrastructure was failing to keep pace.
Cloover’s growth reflects that market demand. The company grew revenues more than eightfold in 2025 while remaining profitable and approaching $100 million in sales.
Cloover is projecting $500 million in revenue for 2026 and $1 billion by 2027. With new capital in place, the company plans to expand into additional European markets including France, Italy, the UK, and Austria.
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