Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Clover is a venture capital firm founded to support the future of work and education. Established with a €30 million evergreen fund, Clover operates primarily in Europe and the United States, focusing on early-stage investments. The firm aims to back startups that are innovating in critical sectors such as AI, EdTech, HR Tech, and SaaS. Clover's evergreen structure allows for sustained engagement with portfolio companies, eliminating the pressure of fixed exit timelines.
The firm was co-founded by Samuel Tual, a prominent figure in French business leadership, and Hugo Mendes, who brings international investment experience. Clover targets 20 to 30 investments annually, with check sizes ranging from €100,000 to €200,000. The firm has a strategic focus on high-potential, impact-driven companies that are poised to shape the future of work and education.
With offices in France and the United States, Clover is well-positioned to tap into innovative ecosystems across both regions. The firm emphasizes long-term partnerships with its portfolio companies, providing not just capital but also strategic support and resources to help them grow.
Clover invests in pre-seed and seed stage startups, writing checks between €100,000 and €200,000. The firm targets a diverse range of sectors including AI, Agentic Systems, Productivity, Collaboration, SaaS, EdTech, HR Tech, and Infrastructure. Clover's investment strategy is centered on supporting high-potential, impact-driven companies that are innovating in the future of work and education.
The firm seeks to identify startups that demonstrate strong growth potential and a commitment to making a positive impact in their respective fields. Clover's geographic focus spans Europe and the United States, with a particular emphasis on France. The firm aims to build a portfolio that reflects its commitment to innovation and sustainability in the workplace and educational environments.
Clover's investment thesis highlights the importance of AI and agentic systems for enhancing productivity and collaboration. The firm is particularly interested in companies that are developing solutions to improve workflow automation and HR tech, as well as those that are creating educational platforms that facilitate learning and development.
Clover's portfolio includes several notable startups that are making strides in their respective sectors:
These companies represent Clover's commitment to investing in innovative solutions that address the challenges of the modern workplace and education systems. The firm continues to seek out additional opportunities to expand its portfolio, focusing on startups that align with its mission of supporting impactful ventures.
Samuel Tual — Founder; he serves as the President and has a significant background in French business leadership. Samuel is also the Vice-President of MEDEF, the French employers' federation, and the Chairman & CEO of Actual Group, a large French HR and staffing firm.
Hugo Mendes — Managing Partner; Hugo co-founded Clover and previously worked as an investor at Origins VC. He has an international background, having worked in France, Brazil, Hong Kong, Canada, and the United States. He is approximately 27 years old.
Bruno Sola — Partner; Bruno brings valuable experience to the team, contributing to Clover's investment strategy and portfolio management.
Juliette Moorgat — Investment Team; Juliette is part of the investment team, focusing on identifying and supporting promising startups within Clover's investment thesis.
To pitch to Clover, founders should visit their website at cloverfund.vc. The firm prefers pitches that include a clear overview of the startup's mission, market opportunity, and business model. Founders should also highlight their team's expertise and any traction the startup has achieved to date.
Response times may vary, but founders can expect to hear back within a few weeks after submitting their pitch. Warm introductions are encouraged, as they can enhance the chances of securing a meeting with the investment team.
In November 2025, Clover announced the launch of its €30 million evergreen fund, aimed at investing in the future of work and education. The firm has been actively deploying capital, with €1 million already invested across its portfolio by May 2025.
Recent portfolio highlights include investments in innovative companies such as GetInside, a retail media solution for e-commerce, and GetMint, the first AI search platform. Clover continues to seek additional investment opportunities in sectors aligned with its mission.
What are Clover's investment criteria?
Clover invests in pre-seed and seed stage startups, focusing on sectors such as AI, EdTech, HR Tech, and SaaS. The firm typically writes checks between €100,000 and €200,000.
How can startups apply or pitch to Clover?
Startups interested in pitching to Clover can visit their website at cloverfund.vc for more information on the application process.
What makes Clover different from other venture capital firms?
Clover operates with an evergreen fund structure, allowing for long-term support of portfolio companies without the pressure of fixed exit timelines. This approach enables Clover to engage deeply with its startups over time.
What is Clover's geographic scope?
Clover primarily focuses on investments in Europe and the United States, with a strong emphasis on France as its primary market.
What kind of post-investment involvement does Clover have?
Clover provides strategic support and resources to its portfolio companies, leveraging the extensive experience of its team in business leadership and investment across multiple continents.
What is the typical pace of investment for Clover?
The firm targets 20 to 30 investments per year, focusing on high-potential startups that align with its mission in the future of work and education.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.