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Cloverly

Atlanta, US · Founded 2019 · Delaware corporation · 19 employees on LinkedIn · 11 known investors

Cloverly provides Catalyst, a commercial operating system for carbon credit project developers to manage inventory, pricing, sales, and delivery and to reach sales channels and buyers from one system. It serves developers of nature-based, hybrid, and engineered carbon removal and reduction projects.

Also known as Cloverly Catalyst

Founders & leadership

JR
Jason RubottomExecutive
JH
James HeathNamed on SEC filing

Board

AO
Anthony OniBoard director
VKVasant Kamath
Vasant Kamathin𝕏Investor and Board Member2021–2024General Partner at Noro-Moseley Partners
MDMike Dowdle
Mike DowdleinInvestorFounding Partner at Circadian Ventures

Investors · 11

Also in the syndicate · 3

CreativeCo CapitalSaaS VenturesSoftBank Opportunity Fund

Funding

SEC filings, press & company announcements

$2.1M disclosed across 1 of 2 rounds · 2021–2023

$2.1MraisedJul 2021 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Anthony OniDirector
  • Jason RubottomExecutive Officer, Director
  • Vasant KamathDirector
  • Mike DowdleDirector
  • James HeathDirector
Offering amount
$2.1M
Amount sold
$2.1M
First sale
Jun 2021
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Cloverly is an Atlanta-based climate technology company that operates digital infrastructure for the voluntary carbon market (VCM). It launched as what it describes as the first API in the world for carbon credits, allowing businesses to embed carbon credit purchasing into their own products, services or supply chains, and later expanded into a broader platform serving both sides of the market. On the demand side, Cloverly offers buyers access to a curated set of vetted carbon removal, reduction and avoidance projects, with spot, forward and offtake purchase structures, single-project or portfolio purchases, and managed contracting, payments and retirement handling, supported by an in-house climate science team that vets projects.

On the supply side, Cloverly markets Catalyst, an end-to-end commerce and operations platform for carbon credit project developers and suppliers. Catalyst centralizes credit inventory, pricing, sales and delivery; provides a proposal builder, branded customer portals and automated RFP responses; automates credit management workflows and reporting; and connects developers to multiple sales channels and partners from a single system. Cloverly also runs the Cloverly Marketplace and provides real-time project availability, pricing and structured, queryable project metadata via API and dashboards.

The project network spans nature-based and engineered methodologies, including biochar, direct air capture, improved forest management, afforestation, avoided deforestation, enhanced rock weathering, improved agricultural land management, and ozone-depleting substances destruction, with listed developers such as Carboneers, Neocarbon, ClimeCo, Invert, NativState, Bioforestal, Biosorra, Planboo, Wakefield Biochar, InPlanet, Agreena, Octavia Carbon, Tradewater, Therm, KOKO Networks and CarbonCure.

Business model

Cloverly sits between carbon credit buyers and project developers. It provides buyers with direct purchase and technology-embedded access to vetted carbon credits, and sells commercialization software (Catalyst) plus distribution access to project developers and suppliers, positioning itself as an independent intermediary with visibility across the market.

Traction

Cloverly reports 200+ enterprise customers, 1.2 million tons of CO2 offset, 500,000 monthly shipments and 78% participation, and states that dozens of leading project developers and suppliers use its platform to manage carbon credit operations.

Latest developments

In January 2026 Cloverly and CEEZER announced a strategic partnership to streamline carbon market infrastructure, and in February 2026 Cloverly and Terraset announced a strategic partnership to scale high-integrity carbon removal. The company's current positioning centers on Catalyst, its commercial operating system for carbon credit project developers.

Full profile — market position, technology, go-to-market, geography, history

Market position

Cloverly describes itself as the leading digital infrastructure powering the voluntary carbon market and the first carbon credit API, citing more than 200 enterprise customers and partnerships with companies including American Express, Salesforce and Visa. A 2023 investor statement from Grotech Ventures characterized the company as an established global leader in a large market.

Cloverly emphasizes independence from any single project portfolio, in-house climate scientist vetting of projects, a broad curated project selection across methodologies, omnichannel distribution for suppliers through a single partner, and API-first infrastructure that predates much of the market.

Technology

A fully customizable API for embedding carbon credit purchasing into third-party products and user experiences, real-time project availability and pricing data with structured, queryable metadata, real-time reporting dashboards, the Cloverly Marketplace, and the Catalyst platform for inventory management, multi-channel distribution, sales pipeline and credit sales tracking.

Go-to-market

Direct enterprise sales and demo requests through the website, distribution partnerships with project developers and marketplaces, API-based embedding into partner products, and content marketing such as buyer-focused guides and white papers on selling carbon credits.

Two customer groups: enterprises seeking carbon credits for climate and ESG goals — spanning financial services, private equity, technology, travel, retail, logistics, supply chain, eCommerce and ESG/carbon accounting — and carbon credit project developers and suppliers across nature-based, hybrid and engineered solutions.

Geography

Headquartered in Atlanta, Georgia, with a second headquarters in London announced in 2023 to serve global customer demand. Projects on the platform are located in India, Germany, the United States, Mexico, Uganda, Brazil, Kenya, Namibia and Denmark.

History

Cloverly launched as the first API for carbon credits and subsequently expanded into a broader VCM platform. Tech Square Ventures was the original lead investor in the company's seed round. In May 2023 the company raised a $19 million Series A led by Grotech Ventures, funding development of its supplier platform, a tripling of headcount and the opening of a second headquarters in London. The product line later centered on Catalyst, commercial software for carbon credit project developers.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Business customers servedJan 2026200 businesses
Enterprise customersMay 2023200 customers
Monthly shipmentsJan 2026500,000 shipments per month
ParticipationJan 202678%
Tons CO2 offsetJan 20261,200,000 tons CO2

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

2 people who came through Cloverly went on to found or lead other companies.

Competitors · 7

by search overlap
Senken36 shared keywordsSenken operates a carbon credit platform that vets and rates projects using its Sustainability Integrity Index, selecting a small fraction of available credits and building portfolios with corporate sustainability buyers. It serves companies purchasing carbon credits and works on a partnership basis rather than self-serve, without holding its own inventory.
undp24 shared keywordsThe United Nations Development Programme (UNDP) is the UN's lead agency on international development, working in around 170 countries to reduce poverty, advance the Sustainable Development Goals, and support climate action, governance, crisis resilience, and digital transformation. It provides policy support, financing instruments, and capacity building to governments and communities worldwide.
Wri21 shared keywordsThe World Resources Institute (WRI) is a global research organization whose experts and staff work on food and land use, energy, cities, climate, economics, finance, and governance. It operates with over 2,000 staff across more than a dozen focus countries and partners in over 50 nations.
Tracextech19 shared keywordsTraceX is a blockchain-powered platform that enables food and agricultural supply chain traceability, helping businesses ensure sustainability compliance and transparency across global supply chains.
Agreena17 shared keywordsAgreena runs a soil carbon platform that pays farmers to adopt regenerative agriculture practices and issues verified carbon credits based on soil carbon sequestration, sold to businesses through voluntary carbon markets. It serves farmers and companies primarily across Europe, connecting agriculture, finance, and technology.
Carbon Direct17 shared keywords
Nature17 shared keywordsThe Nature Conservancy is a nonprofit conservation organization that protects lands and waters globally to address climate change and biodiversity loss across more than 80 countries and territories.

Companies competing with Cloverly for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 5

launches, deals, and filings
Feb 2026
Terraset and Cloverly strategic partnership

Terraset and Cloverly announced a strategic partnership to scale high-integrity carbon removal.

source ↗

Jan 2026
CEEZER and Cloverly strategic partnership

CEEZER and Cloverly announced a strategic partnership to streamline carbon market infrastructure.

source ↗

May 2023
Second headquarters planned in London and team expansion

Series A proceeds were designated to triple Cloverly's team and to open a second headquarters in London to serve global customer demand.

source ↗

May 2023
Cloverly raises $19M Series A led by Grotech Ventures

Cloverly announced a $19 million Series A round to fund development of its digital infrastructure for the voluntary carbon markets, including a new supplier platform.

$19M source ↗

May 2023
Launch of voluntary carbon market supplier platform

Cloverly announced a new supplier platform enabling project suppliers to manage inventory management, multi-channel distribution and tracking of credit sales, with credits from suppliers including Tradewater, Therm, KOKO Networks and CarbonCure.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
CloverlyDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Cloverly do?
Cloverly builds software and digital infrastructure for the voluntary carbon market, serving credit buyers and project developers.
Who are Cloverly's investors?
Cloverly's investors include Backwards Capital, Circadian Ventures, CreativeCo, Knoll Ventures, Mission One Capital, New Climate Ventures, Open Opportunity Fund, Tech Square Ventures.
How much funding has Cloverly raised?
Cloverly has disclosed $2.1M raised across 1 of its 2 known rounds.
Where is Cloverly headquartered?
Cloverly is headquartered in Atlanta, US.