About Clover
Clover is a company based in Mountain View (United States) founded in 2010 was acquired by First Data in October 2013. It operates as a SaaS (Software-as-a-Service). Clover has raised $8.75 million across 2 funding rounds from investors including Fiserv, Sutter Hill Ventures and Andreessen Horowitz. Clover has completed 6 acquisitions, including Billhighway, CDI Technology and Security Card Services. Clover offers products and services including POS System and Credit Card Readers. Clover operates in a competitive market with competitors including Square, Zenput, ShopKeep, Network Merchants and POSaBIT, among others.
- Headquarter Mountain View, United States
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Sectors
RetailFinancial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name 4 Clover Holding Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8.75 M (USD)
in 2 rounds
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Latest Funding Round
$3.3 M (USD), Series A
Dec 27, 2012
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Investors
Fiserv
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Billhighway
& 5 more
- Acquired by
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Products & Services of Clover
Clover offers a comprehensive portfolio of products and services, including POS System and Credit Card Readers. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A system for processing transactions at businesses.
Devices for accepting credit card payments securely.
Funding Insights of Clover
Clover has successfully raised a total of $8.75M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.3 million completed in December 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $3.3M
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First Round
First Round
(11 Apr 2011)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2012 | Amount | Series A - Clover | Valuation | Sutter Hill Ventures |
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| Apr, 2011 | Amount | Series A - Clover | Valuation | Sutter Hill Ventures , a16z |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Clover
Clover has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Fiserv, Sutter Hill Ventures and Andreessen Horowitz. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC firm investing in the US
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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US based VC firm investing in seed stage
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Clover
Clover has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Billhighway, CDI Technology and Security Card Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Wholesale goods are distributed through merchant operations.
|
2009 | ||||
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Provider of financial services
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2006 | ||||
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Financial solutions are offered to enterprises via a cloud-based platform.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Clover
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Clover Comparisons
Competitors of Clover
Clover operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Square, Zenput, ShopKeep, Network Merchants and POSaBIT, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Cloud-based point-of-sale software is provided for retailers and restaurants.
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| domain | founded_year | HQ Location |
White-label payment gateways are built for global e-commerce transactions.
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| domain | founded_year | HQ Location |
POS software and hardware are provided for cannabis retailers.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for food distributor businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Clover
Frequently Asked Questions about Clover
When was Clover founded?
Clover was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Clover located?
Clover is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Is Clover a funded company?
Clover is a funded company, having raised a total of $8.75M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.45M, raised on Apr 11, 2011.
What does Clover do?
Clover is recognized for offering point-of-sale (POS) systems and credit card readers tailored for small businesses. Solutions are designed to streamline transactions, save time, and support business growth. The company focuses on the financial technology sector, providing tools to enhance sales and operational efficiency for its clients.
What products or services does Clover offer?
Clover offers POS System and Credit Card Readers.
How many acquisitions has Clover made?
Clover has made 6 acquisitions, including Billhighway, CDI Technology, and Security Card Services.
Who are Clover's investors?
Clover has 5 investors. Key investors include Fiserv, Sutter Hill Ventures, Andreessen Horowitz, Morado Ventures, and TA Associates.
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