Cloverly

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.

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

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

• Carbon credit software
• Voluntary carbon market
• Climate action API
• Carbon marketplace
• Carbon project developers

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Carbon Credit Transaction Fees: Facilitates transactions between carbon credit buyers and suppliers, earning fees on credit purchases through the marketplace.
2. 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.
3. API Access: Organizations embed climate action into their digital experiences via API access, with usage-based or subscription pricing.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core 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

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• TerrasetcoreStrategic or Co-development Partner · 18 February 2026Strategic 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 or Co-development Partner · 15 January 2026Strategic 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.
• PatchcoreTechnology or Integration · 9 January 2026Strategic 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.
• IMEXsupportingGTM or Marketing Partner · 14 May 2024Partnership 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

Direct 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

• LinkedInlinkedin.com/company/cloverly
• Xx.com/getcloverly
• Facebookfacebook.com/getcloverly

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cloverly