When was Klover founded?

Klover was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Klover located?

Klover is headquartered in Chicago, United States.

How many employees does Klover have?

As of Apr 30, 2026, the latest employee count at Klover is 8.

Is Klover a funded company?

Klover is a funded company, having raised a total of $89.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 03, 2019.

When was the latest funding round of Klover?

Klover's latest funding was a $***** Series B round on Nov 01, 2022, with participation from 5 investors.

Where does Klover rank among its competitors?

Klover ranks 6th amongst 62 active competitors, of which 7 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Earnin, which secured $150M in Sep, 2025.

Who are the top competitors of Klover?

Klover's top competitors include Brigit, Earnin and FloatMe. Among them, Earnin secured the most recent funding round in September, 2025.

Klover - 2026 Company Profile, Team, Funding & Competitors

Klover is a series B company based in Chicago (United States), founded in 2019 by Jason Westra. It operates as an App-based platform for cash advance loans. Klover has raised $89.2M in funding from Mercato Partners. The company has 62 active competitors, including 7 funded and 4 that have exited. Its top competitors include companies like Brigit, Earnin and FloatMe.

Company Details

Klover is an app-based platform for cash advance loans. It provides cash advance before payday. It offers tools for tracking spending habits and providing expense management. Users can register via bank account and the paycheck. The app is available on iOS devices.

Website: www.joinklover.com/
Email ID: *****@joinklover.com

Key Metrics

Founded Year

2019

Location

Chicago, United States

Stage

Series B

Total Funding

$89.2M in 4 rounds

Latest Funding Round

Series B, Nov 01, 2022, $*****

Investors

Mercato Partners & 5 more

Ranked

6^th among 62 active competitors

Employee Count

8 as on Apr 30, 2026

Similar Companies

Instant Cash Advance Loan App & 52 more

View Klover's full profile

Klover has raised a total funding of $89.2M over 4 rounds. Its first funding round was on Jun 03, 2019. Its latest funding round was a Series B round on Nov 01, 2022 for $*****. 5 investors participated in its latest round. Klover has 6 institutional investors.

Here is the list of recent funding rounds of Klover:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 01, 2022	5215691	Series B	4597554	1289928	8930464	6923388
Aug 12, 2021	6629954	Series A	6514929	9840619	1966337	Lightbank & 3 more
Mar 24, 2020	8247121	Series A	4310490	2923850	8781489	2654189

Access funding benchmarks and valuations. Sign up today!

View details of Klover's funding rounds and investors

The founders of Klover is Jason Westra.

Here are the details of Klover's key team members:

Jason Westra: Co-Founder & CTO of Klover.

View details of Klover's Founder profiles and Board Members

Klover's employee count trend

Klover has 8 employees as of Apr 26. Here is Klover's employee count trend over the years:

Uncover Klover's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Klover include Brigit, Earnin and FloatMe. Here is the list of Top 10 competitors of Klover, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Brigit 2017, New York City (United States), Acquired	Mobile application offereing loans	$38M	Canaan, Lightspeed Venture Partners & 17 others	73/100
2nd	Earnin 2012, Palo Alto (United States), Series C	Provider of a platform for accessing earned wages and financial tools	$190M	Coatue, Ribbit Capital & 14 others	72/100
3rd	FloatMe 2018, San Antonio (United States), Series A	Online platform for cash advance loans	$20.2M	Foundry, ManchesterStory Group & 15 others	60/100
4th	Empower 2016, San Francisco (United States), Series B	Financial technology empowering potential with cash advances, credit lines, and credit cards	$174M	Icon Ventures, Blisce & 9 others	57/100
5th	Vola Finance 2017, Newark (United States), Series A	Developer of an online lending platform	$3.5M	NextView Ventures, Draycott Ventures	55/100
6th	Klover 2019, Chicago (United States), Series B	App-based platform for cash advance loans	$89.2M	Lightbank, SVB & 4 others	54/100
7th	Instant Cash Advance Loan App 2021, Glendale (United States), Unfunded	Online marketplace for cash advance loans	-	-	46/100
8th	Fig Loans 2014, Houston (United States), Seed	Offers installment loans as a payday loan alternative	$4.73M	Tubergen Ventures, VilCap Investments & 9 others	45/100
9th	CashNetUSA 2004, Chicago (United States), Acquired	Online marketplace offering cash advance loans to consumers	-	-	38/100
10th	Cash Advance 2001, Houston (United States), Unfunded	Connects consumers with lenders for short-term loans and credit services	-	-	35/100