FinovateSpring 2011 Video Archives >> Clovr Media


Website: www.clovrmedia.com
HQ Location:
Santa Clara, CA
Company Founded: June 2003
Product Being Demoed: ShopSmart
Product Launched: Q2 2011
Metrics: Since being founded in 2003, Billeo has raised $11 million in funding, works with six of the top 10 card issuers, hosts the largest biller directory with more than 20,000 billers, and has more than 1.2 million installed apps. The profitable company saw revenues grow at a CAGR of 73% over five years through 2010.




Presenter Profile How they describe themselves: Clovr Media delivers Loyalty 2.0 to the financial services and digital media ecosystems by bridging the gap between credit/debit card loyalty and interactive advertising . Clovr Media has built the first platform converting traditional banner, text, video, or mobile advertisements into Card Linked Offers (CLOs). Find out more at www.clovrmedia.com.

How they describe their product/innovation: Clovr Media's platform allows consumers to link offers (i.e. "Save 10% on next purchase" or "Save $5 the next time you shop") directly to their existing payment cards, both credit and debit. Consumers receive the associated financial savings as a credit to their payment card account upon purchase of the promoted good or service with their registered payment card. Consumers register their cards through their financial institution (bank) relationship or on an independent basis the first time they link an offer through an advertisement. After a one time registration, they will be able to link offers they see in a variety of different digital environments including traditional online and mobile banner ads, offer destination sites, and e-mail subscriptions/notifications. An online user interface allows users to view the offers they have selected, browse additional offers, and customize their overall individual experience.

Key Executives: Tom Burgess (CEO & Co-Founder), Chip Correra (CTO & Co-Founder), Doug Spear (EVP & Co-Founder), David Chapman (CFO)

Key Board Members: Tom Burgess (CEO & Co-Founder, Clovr Media), Doug Spear (EVP & Co-Founder, Clovr Media), Jeffrey Glass (Managing Director, Bain Capital Ventures), Eric Hjerpe (Partner, Kepha Partners)

Key Investors: Bain Capital Ventures, Kepha Partners, Common Angels

Key Advisory Board Members: Norm Balthasar, Sarah Fay, Jim Garrity, Diane Hessan, Todd Krasnow, Tom Litle, Jack Myers, Chris Sheehan, Larry Weber

Contacts:
Bus. Dev., Sales: Doug Spear, EVP, doug.spear@clovrmedia.com, 401-864-5317
Press: Molly Galler, Account Executive, Racepoint Group, mgaller@racepointgroup.com,
781-487-4611

Video Download To View this Video in a New Window: Left-click on either link below.

To Download: Right-click on the appropriate link below and select "Save Target As..." or "Save Link As..."

HD version of this video

Non-HD smaller version for slower connections

To Embed: Copy and paste the codes below.

Subscribe to Finovate

More Videos from FinovateSpring 2011
Adobe
Afiniate
Aptys Solutions
Arroweye Solutions
Backbase
Balance Financial
BancBox
BancVue
Bankons
Bill.com
Billeo
BillFloat
Bills.com
BillShrink
Braintree
Bundle
ChargeSmart
Clovr Media
Code Green
Corduro
Currensee
doxo
Dwolla
edo Interactive
Enloop
eWise
Expensify
Experian
Figlo
Fiserv
FreeMonee
Gold Bullion International
GoalMine
HelloWallet
HOYOS
ID Analytics
Ideon
Intellaegis
Kabbage
Kiboo
Kony Solutions
Lend Street
Lendio
Liqpay.com
Mint.com
Mitek Systems
MyBankTracker.com
oFlows
OpenCuro
Openfinance
PayDivvy
PayNearMe
PayPal/Discover
peerTransfer
ProfitStars
Q2ebanking
Ready Receipts
RobotDough
Silver Tail Systems
TILE Financial
TrustedID
Wikinvest
Wipro
Xero