On the TechTO stage ×1
First seen on the TechTO stage in 2025. Every talk is searchable — ask the archive about Matt ↗
In their words
I think the biggest thing for funding is understanding unit economics.
I talk to a lot of founders and they're like, hey, I sent 100 emails, I only had one call from it. I'm like, we send 10,000 a day.
Right now we're full team 14 people full-time. Back in January it was just me and my co-founder, just two of us.
Around the web ×1
Quick answers
Who is Matt Espinoza?
A Toronto founder, 23 at the time of his 2025 TechTO appearance, who co-founded Clover Labs. His own site says he built his first company, Agora Labs, at 18 and sold it in October 2022, then started Halation in 2024, whose first portfolio company Journey+ was built and sold to private equity in three months.
What is Clover Labs?
A Toronto studio building a portfolio of AI growth agents aimed at distribution — getting a product found and mentioned across Reddit, Google, TikTok and Instagram. Espinoza described it on stage as a studio model rather than a single-product company, which is why several investors passed.
How did Matt Espinoza fund Clover Labs?
He raised $500,000 (USD) at a $10 million valuation, selling about 5% of the company — two venture funds and a group of angels. On stage he said the round came together off a Notion document rather than a deck.