Cloverly
Cloverly operates a digital infrastructure platform for the voluntary carbon market, serving carbon credit project developers with its Catalyst commerce software and corporate buyers via its climate action API. The company facilitates transactions, inventory management, and omnichannel distribution across 100+ suppliers and 300+ enterprise businesses globally.
- Company typePrivate
- Founded2021
- HeadquartersAtlanta, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Cloverly does
Cloverly is a clean-technology company that operates a digital infrastructure platform for the voluntary carbon market. The company serves two primary customer segments: carbon credit project developers (suppliers) on the supply side and corporate carbon buyers on the demand side. Its flagship product, Catalyst, is an end-to-end commerce software platform for project developers that centralizes inventory management, pricing, project content, payment, delivery, branded buyer portals, proposal building, and omnichannel distribution across multiple sales channels. Supporting products include a Storefront for buyer-branded climate action platforms, a Direct Checkout solution for event-based carbon offsetting, and the Carbon Offsetting API that enables organizations to embed climate action into digital customer experiences.
Underlying technology comprises a climate action API, supplier-side inventory management software, buyer-facing procurement tools, and registry integrations. Cloverly maintains integrations with Stripe for payments and has built API connectivity to partners including CEEZER (enterprise procurement) and Patch (buyer-facing tools), enabling real-time surfacing of supplier-verified project data across channels.
The business model combines three revenue streams: Catalyst platform subscription revenue (SaaS, quote-based annual contracts), API access fees (usage-based or subscription), and transaction fees on carbon credit purchases facilitated through the marketplace. The go-to-market is hybrid — direct enterprise sales for Catalyst and the API, supplemented by channel partnerships (CEEZER, Patch) that route corporate buyers to the supplier ecosystem. The company is venture-backed, having raised approximately $21.1M total ($2.1M seed in 2021, $19M Series A in 2023), is headquartered in Atlanta with a second headquarters in London, and reports serving 300+ enterprise businesses and 100+ suppliers globally.
Cloverly firmographics
Firmographics- Name
- Cloverly
- Legal name
- Cloverly, Inc.
- Website
- https://cloverly.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Cloverly operates a digital infrastructure platform for the voluntary carbon market, serving carbon credit project developers with its Catalyst commerce software and corporate buyers via its climate action API. The company facilitates transactions, inventory management, and omnichannel distribution across 100+ suppliers and 300+ enterprise businesses globally.
- Ownership category
- akta.pro rank
Cloverly industry classification
Industry- Product category
- Carbon Credit Management Software
- akta.pro primary industry
- Market Access, Connectivity & Trading Technology (APIs, OMS/EMS, FIX connectivity, venue gateways) (EUABAAAF)
- akta.pro secondary industries
- Tokenization, Digital MRV-Linked Credits & On-Chain Carbon Infrastructure (Digital assets, provenance) (EUABAAAE), Carbon Market Data, Indexing & Price Reporting (Benchmarks, indices, market data feeds) (EUABAAAD), Auction & Allocation Platforms for Compliance Schemes (Allowance auctions, allocation/transfer systems) (EUABAAAJ), Audit-Ready Controls, Assurance & Compliance Workflow Tools (CSRD/SEC/ISSB) (EUABAEAG), Carbon Offtake Structuring & Contracting (ERPA, Long-term Offtakes, Price Floors) (EUABADAE), Carbon Registries & Issuance Platforms (Project/credit lifecycle, serials, issuance, retirement) (EUABAAAA)
Keywords
Where Cloverly is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Cloverly business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Carbon Credit Transaction Fees: Facilitates transactions between carbon credit buyers and suppliers, earning fees on credit purchases through the marketplace.
- Catalyst Platform Subscription: Commerce software subscription for project developers to manage inventory, sales, and operations. Includes commercial credit operations, direct sales tools, and distribution access.
- API Access: Organizations embed climate action into their digital experiences via API access, with usage-based or subscription pricing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise Platform Access |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels6 records
Cloverly product offering
Product offeringCore offering
Cloverly provides a commercial operating system for carbon credit project developers through its Catalyst platform, alongside a climate action API that enables organizations to embed carbon offsetting into digital experiences. The platform centralizes inventory management, streamlines sales operations, and facilitates omnichannel distribution of carbon credits between suppliers and corporate buyers, having processed over 1.2 million tons of CO2 offset across 500,000 monthly shipments.
Product overview
Cloverly offers a platform architecture centered on Catalyst, a commercial operating system for carbon credit project developers. Catalyst comprises three integrated modules: Commercial Credit Operations (for inventory, pricing, project content, payment, and delivery management), Direct Sales Tools (for branded buyer portals and proposal building), and Omnichannel Distribution (for accessing global sales channels). Supporting products include Storefront for buyers seeking branded climate action platforms, Direct Checkout for event carbon offsetting, the Carbon Offsetting API for embedding climate action into third-party applications, and Project Listing for supplier onboarding. The platform processes over 500,000 monthly shipments and 1.2M tons of CO2 offset, serving over 300 leading businesses and more than 100 suppliers.
Differentiator
Problem solved
Functional benefit
Brands
- Catalyst: An end-to-end software platform for carbon credit project developers to centralize inventory, streamline operations, and grow revenue. Provides commerce software for suppliers to manage credits and sales.
Products and services
- Catalyst End-to-end commercial operating system for carbon credit project developers that centralizes inventory management, streamlines sales operations, and grows revenue through omnichannel distribution, branded buyer portals, proposal building tools, and commercial credit operations management.
- Carbon Offsetting API Climate action API that calculates emissions from activities such as shipping and enables businesses to embed climate action into their digital experiences and offer carbon credits to end users.
- Storefront Branded climate action platform enabling businesses to engage their ecosystem of customers, suppliers, and portfolio companies on a curated storefront offering high-quality carbon credit projects.
- Direct Checkout Solution enabling event attendees, sponsors, and exhibitors to easily offset the carbon footprint of their experience by pulling footprint data and presenting customizable carbon credit selections.
- Project Listing Service allowing carbon credit project developers and suppliers to offer their carbon credits through Cloverly's platform and access multiple global sales channels from a centralized inventory source.
Quantifiable outcome
- 90% reduction in time spent preparing buyer materials
- +4 more outcomes
Companies that use Cloverly
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Cloverly technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature6 records
Cloverly partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and supporting.
- TerrasetcoreStrategic partnership to expand access to high-quality carbon removal, methane mitigation and refrigerant destruction projects. Terraset sources credits through Cloverly's platform and uses Catalyst as system of record to manage credit lifecycle. Supports Terraset's Revolving Fund model for carbon removal anchored by Schmidt Family Foundation donation. All purchasing, inventory management, and resale activity managed through Cloverly Catalyst.
- CEEZERcoreStrategic partnership to streamline carbon market infrastructure. CEEZER integrates with Cloverly's API to surface real-time carbon credit inventory, pricing, and project data from 100+ suppliers. Project developers using Cloverly Catalyst can access CEEZER's global network of corporate buyers and manage listings within the platform. The partnership aligns CEEZER's enterprise procurement infrastructure with Cloverly's supplier-side inventory software.
- PatchcoreStrategic partnership to streamline how corporate buyers access, evaluate, and procure carbon credits in the voluntary carbon market. Integrates Patch's buyer-facing tools with Cloverly's supplier infrastructure to address challenges including fragmented data, inconsistent quality signals, and opaque supply chains. Expands buyer visibility into real-time credit inventory, availability, and pricing.
- IMEXsupportingPartnership to empower sustainable event attendance. IMEX attendees can invest in vetted, high-quality carbon credit projects through Cloverly's Direct Checkout solution. Integration enables attendees to calculate and offset carbon footprint of their event participation. Supports IMEX's journey to achieving net zero ahead of 2050 Paris Agreement timeline.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
Cloverly competitors and assessment
Company assessmentDirect peers
- Patch: Patch operates a carbon credit procurement platform connecting enterprise buyers with carbon project developers. Both Patch and Cloverly serve overlapping supplier and buyer segments in the voluntary carbon market and are direct go-to-market counterparts, though Patch focuses on the buyer side while Cloverly's Catalyst is supplier-centric.
- Pachama: Pachama provides a carbon marketplace and MRV (measurement, reporting, verification) technology connecting companies with nature-based carbon credits. Both companies operate digital infrastructure for the voluntary carbon market and serve corporate buyers sourcing high-quality credits.
- CEEZER: CEEZER operates an enterprise procurement platform for climate performance assets, integrating with Cloverly's API to source inventory from 100+ suppliers. While a current strategic partner, CEEZER also competes in adjacent carbon procurement infrastructure and serves overlapping corporate buyer demand.
- NCX (Nori): NCX operates a carbon removal marketplace focused on connecting buyers with verified removal projects. Both companies provide digital infrastructure for transacting high-quality carbon credits and target enterprise buyers with sustainability commitments.
Broad incumbents
- South Pole: South Pole is a large carbon advisory and project development firm that develops, sells, and consults on carbon credits globally. It is broader than Cloverly, offering climate consulting, project origination, and credit sales, but overlaps directly with Cloverly's supplier and buyer enablement value proposition.
Emerging players
- Sylvera: Sylvera provides independent ratings and data on carbon credit quality, helping buyers evaluate credit projects. Sylvera is adjacent to Cloverly's offerings; both serve the same corporate buyer base and Sylvera's expansion into ratings-integrated procurement tools creates competitive overlap.
- Cinder (formerly NCX Carbon Market platform): Cinder provides software and APIs for carbon credit procurement, portfolio management, and reporting. It overlaps with Cloverly's API and enterprise offerings, serving corporate sustainability teams that need to integrate climate action into operations.
- Terraset: Terraset operates a philanthropic fund for procuring high-quality carbon removal credits and uses Cloverly Catalyst as its system of record. Terraset is both a partner and adjacent player, as it channels enterprise demand through its Revolving Fund model into carbon removal suppliers.
- KlimaDAO: KlimaDAO is a decentralized autonomous organization building on-chain infrastructure for tokenized carbon credits. It is adjacent to Cloverly's tokenization roadmap and competes in emerging digital carbon infrastructure, though it operates on a different technological and economic model.
Others
- Carbon Engineering: Carbon Engineering is a direct air capture (DAC) technology developer acquired by Occidental. It is a potential end-customer for Cloverly's supplier-side tools as a carbon removal project developer, and provides ecosystem context for the carbon removal credits flowing through Cloverly's platform.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
Cloverly social profiles
Digital presenceCloverly financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cloverly leadership team
Management profileNumber of profiles
Profiles3 records
Cloverly funding detail
Funding detailFunding overview
Funding rounds2 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cloverly M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cloverly
What does Cloverly do?
Cloverly provides a commercial operating system for carbon credit project developers through its Catalyst platform, alongside a climate action API that enables organizations to embed carbon offsetting into digital experiences. The platform centralizes inventory management, streamlines sales operations, and facilitates omnichannel distribution of carbon credits between suppliers and corporate buyers, having processed over 1.2 million tons of CO2 offset across 500,000 monthly shipments.
Is Cloverly a public or private company?
Cloverly is a private company. It is classified as venture growth investor backed and is currently operating.
When was Cloverly founded?
Cloverly was founded in 2021. It employs 11 to 50 people.
Where is Cloverly based?
Cloverly is headquartered in Atlanta, United States, in the North America region.
How does Cloverly make money?
Three revenue lines are on record. Carbon Credit Transaction Fees are the primary driver. The others are catalyst Platform Subscription and API Access.
Who are Cloverly's main competitors?
Direct peers on record are Patch, Pachama, CEEZER and NCX (Nori). South Pole is listed as a broad incumbent. Emerging players are Sylvera, Cinder (formerly NCX Carbon Market platform), Terraset and KlimaDAO. Carbon Engineering is listed as an others.
Does Cloverly have an API?
Yes. Cloverly offers a climate action API that enables organizations to embed climate action into any digital customer experience. The API allows businesses to calculate emissions, share project options and pricing, and develop solutions to offer carbon credits for sale to end users. It is used by B2B customers on their websites, by the Marketplace, and by the Supplier Platform. The API calculates and neutralizes emissions from various activities including shipping, and powers the Direct Checkout solution for event attendees to offset their carbon footprint. Developer documentation is at cloverly.com/api.
What industry is Cloverly in?
Cloverly's product category is Carbon Credit Management Software. Its primary akta.pro industry code is EUABAAAF, Market Access, Connectivity & Trading Technology (APIs, OMS/EMS, FIX connectivity, venue gateways), with a secondary code of EUABAAAE, Tokenization, Digital MRV-Linked Credits & On-Chain Carbon Infrastructure (Digital assets, provenance).