Premium e-bikes, zero ownership headaches, and a business model built to scale. Clover is reimagining how cities move, and Behold is helping them get there.
Brian Kwakman
2024 - Present
Spain
Premium e-bikes, zero ownership headaches, and a business model built to scale. Clover is reimagining how cities move, and Behold is helping them get there by providing fundraising support.
Ditching the Car, Keeping the Comfort
Valencia-based Clover offers e-bike subscriptions designed for people who are done with traffic and done with doing things the old way. A monthly subscription covers the bike, insurance, maintenance, and even battery swaps through a dedicated service. Riders manage everything from an app, and there are no long-term contracts tying them down.
The founding team, led by Scott Murphy, built Clover with a clear lesson from the past: asset-heavy mobility businesses do not survive. By working with German manufacturer Riese & Müller to finance the premium fleet, Clover keeps hardware off its own balance sheet and focuses capital where it matters: growth. Early metrics back the model, with a customer acquisition cost of just 45 euros against a lifetime value of 350 euros, and cash flow positive operations targeted within twelve months of launch.
Access to Capital, Access to Impact
Behold joined Clover to support their fundraising trajectory, connecting them with early-stage investors from our international network who understand both the financial opportunity and the urban sustainability case. We supported investor outreach, helped sharpen the pitch, and continue to accompany the team as they scale.
Built for People, Not Cars
Clover is the kind of venture Behold exists to support: commercially sound, deeply mission-driven, and building for a future worth living in. As cities across Spain and Europe look to reduce congestion and emissions, Clover is already showing what the alternative looks like.
https://rideclover.com
