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 Jun 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 $89.3M 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. Its primary sector is Alternative Lending. In United States, the Alternative Lending sector has seen $4.3B in funding in 2026 to date.

Where does Klover rank among its competitors?

Klover ranks 6th amongst 69 active competitors, of which 8 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 Earnin, Brigit and Beem. 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 $89.3M in funding from Mercato Partners. The company has 69 active competitors, including 8 funded and 5 that have exited. Its top competitors include companies like Earnin, Brigit and Beem.

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

$89.3M in 4 rounds

Latest Funding Round

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

Investors

Mercato Partners & 5 more

Ranked

6^th among 69 active competitors

Employee Count

8 as on Jun 30, 2026

Similar Companies

Instant Cash Advance Loan App & 52 more

View Klover's full profile

Klover has raised a total funding of $89.3M 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	8215643	Series B	2030592	2267813	6751220	6132744
Aug 12, 2021	3333445	Series A	1274852	9979487	4183343	Lightbank & 3 more
Mar 24, 2020	7264294	Series A	5427519	1954392	1634768	1108383

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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 Jun 26. Here is Klover's employee count trend over the years:

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Top competitors of Klover include Earnin, Brigit and Beem. 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	Earnin 2012, Palo Alto (United States), Series C	Provider of a platform for accessing earned wages and financial tools	$190M	DST Global, Spark Capital & 16 others	77/100
2nd	Brigit 2017, New York City (United States), Acquired	Mobile application offereing loans	$38M	Lightspeed Venture Partners, Canaan & 17 others	74/100
3rd	Beem 2006, San Francisco (United States), Seed	Cash advance app for emergencies	$7M	Goodwater Capital, CMFG Ventures & 14 others	62/100
4th	Vola Finance 2017, Newark (United States), Series A	Developer of an online lending platform	$3.5M	NextView Ventures, Draycott Ventures	56/100
5th	FloatMe 2018, San Antonio (United States), Series A	Online platform for cash advance loans	$20.2M	ManchesterStory Group, Foundry & 15 others	55/100
6th	Klover 2019, Chicago (United States), Series B	App-based platform for cash advance loans	$89.3M	SVB, Mercato Partners & 4 others	53/100
7th	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	50/100
8th	Instant Cash Advance Loan App 2021, Glendale (United States), Unfunded	Online marketplace for cash advance loans	-	-	47/100
9th	Fig Loans 2014, Sugar Land (United States), Seed	Offers installment loans as a payday loan alternative	$4.73M	Tubergen Ventures, VilCap Investments & 9 others	45/100
10th	CashNetUSA 2004, Chicago (United States), Acquired	Online marketplace offering cash advance loans to consumers	-	-	39/100