# Cloover grows ARR from EUR 1 million to EUR 5 million in eight months

On 2025/9/1, Cloover co-founder Jodok Betschart disclosed that ARR had grown from EUR 1 million to EUR 5 million in eight months and it had become profitable. It also said it had obtained a EUR 1.2 billion financing credit line, rather than completed a USD 114 million seed equity round.



Canonical: https://uniquebase.ai/news/cd411fbd-acd8-459d-afe1-e5087a42ead0
Stable identifier: cd411fbd-acd8-459d-afe1-e5087a42ead0
Snapshot captured: 2026-10-16T01:38:14.029Z
English updated: 2026-10-16T01:39:38.750Z

## Connected profiles

- [Cloover](/companies/cloover)

## Sources

- https://www.linkedin.com/posts/jodokbetschart_energyindependence-futureofenergy-innovation-activity-7368172038743584770-Qubg