Cloverly, an Atlanta, GA-based provider of a technology powered climate action platform, raised $19M in Series A funding.
The round was led by Grotech Ventures, with participation from Aquiline Technology Growth, Impact Engine, Mission One Capital, New Climate Ventures, and CreativeCo Capital, and existing investors Tech Square Ventures, SoftBank Opportunity Fund, Circadian Ventures, Knoll Ventures, SaaS Ventures, and Panoramic Ventures.
The company intends use the funds for the further development of its digital infrastructure for the voluntary carbon markets, including the new supplier platform, tripling of the team and launching a second headquarters in London.
Led by CEO ason Rubottom, Cloverly is an advanced digital infrastructure powering the voluntary carbon markets. It now used by 200+ enterprises worldwide spanning financial services, technology, ESG / carbon accounting, supply chain, eCommerce, and more, with project developers and suppliers leveraging the platform to manage their carbon credit operations.
FinSMEs
11/05/2023