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Clove Financial Technology - Build AI models to structure financial, corporate and business activities

University of Utah - Crimson Projects
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Company Overview

Nonprofits play a crucial role in driving social impact, yet they remain underserved by modern financial technology. With over 1.54 million nonprofits in the U.S. managing $2.62 trillion in revenue, the need for scalable, secure, and intelligent financial solutions has never been greater. Clove is building a SaaS platform that streamlines nonprofit financial management. From AI-driven analytics to seamless ERP integrations, our platform is transforming how nonprofits handle donations, grants, compliance, and operational expenses. Students on this project will collaborate in teams to solve real-world challenges at the intersection of finance, AI, and social good. The Clove platform has the following attributes:

  • Machine Learning & AI – Develop predictive analytics and anomaly detection models to improve nonprofit financial decision-making.
  • Cloud Infrastructure & Scalability – Design and optimize cloud-native architectures for a growing user base.
  • Security & Compliance – Implement secure transaction processing and data privacy measures for financial integrity.
  • API & System Integrations – Work on real-time financial data synchronization with ERP systems and IRS compliance frameworks.

 

Project Description

Students on this team will utilize the latest AI technologies to optimize the collection of large amounts of non-profit data. The outcome of this will be a scalable framework to gather the data to help finance teams make better decisions and speed up their regulatory or due diligence activities.