Cloverleaf AI raises US$2.8 million to boost early alerts for government contracts
09 November 2024
by Jonathan Andrews
Cloverleaf AI, a technology company that provides information to government contractors on new opportunities, has raised US$2.8 million in seed funding that will support a new suite of products.
The platform alerts government contractors the moment a project is discussed—whether it’s a new stadium or road being built, EV infrastructure, school safety measures, or any other government project.
“Our mission is to seamlessly bridge the gap between people and data,” said Adam Zucker, Co-Founder and CEO, of the Denver based company. “With this new financing, we are well-positioned to continue delivering the tools that give our clients a massive competitive edge.”
The company also unveiled two new products: Vocal Fingerprinting, which monitors and reports government officials’ positions from each public meeting they take and the Opportunity Database, a fully searchable index that captures more than 100,000 monthly government opportunities before they reach the RFP stage.
The technology provides government contractors and public sector professionals with the ability to monitor and report upon how officials’ positions evolve over time, offering insights to inform tailored outreach and build stronger relationships with city officials.
Other key features include:
- Track record transparency: See how officials’ stances shift over time, offering clarity for better alignment.
- Data-driven influence: Tailor outreach based on officials’ collaboration history.
- Early opportunity detection: Identify officials whose track record indicates growing support for a contractor’s initiative.
The Opportunity Database allows organisations and government contractors to find local, state, and federal opportunities in a singular, real-time database.
“Cloverleaf AI is instrumental in gaining new contracts and saving existing contracts,” said Steve Berry, Director of Municipal Sales, Waste Connections. “To us, that means millions of dollars.”
The seed funding round was led by Jackson Square Ventures, with participation from First Mile, TechStars, and Legal Tech Fund.
Image: Stephen Coburn | Dreamstime.com