Company type
Artificial intelligence assistant to manage your finances.Overview
Cleo is an A.I. assistant to manage your finances. Using machine learning we automatically classify your transactions, deliver relevant insights into your spending and give you a clear overview of your finances. And users can get all of this, just by sending Cleo a text. Rather than creating a bank, Cleo sits on top of existing infrastructure to give our users an elegant and user-friendly banking experience. By integrating APIs for banks and other financial service providers, Cleo aims to become a hub for each user’s banking activity.
Funding rounds
Series A USD 10,000,000
USD 10,000,000 ( ) at USD 30,000,000 pre-money valuation
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Balderton Capital Management (UK) LLP | European early stage venture capital firm | Led the round. | |
|
LocalGlobe | UK-based venture capital firm that focuses on seed investments. |
Seed GBP 2,000,000
( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
LocalGlobe | UK-based venture capital firm that focuses on seed investments. | Led the round. | |
|
Entrepreneur First Investment Manager LLP | Tehnology incubator that invests in individuals “pre-team, pre-idea” to help create new technology startups. | ||
|
Redbus Investments | |||
|
Zennström Philanthropies | |||
| Jason Goodman | Individual investor. | |||
|
Niklas Zennström | Individual investor. |
Seed USD 700,000
( )
| Investor | Profile | Country | |
|---|---|---|---|
|
Wendy Tan White | Individual investor. | |
| Alex Chesterman | Individual investor. | ||
|
Errol Damelin | Individual investor. | |
| Jason Goodman | Individual investor. | ||
| Joe White | Individual investor. | ||
|
|
Niklas Zennström | Individual investor. | |
| Simon Franks | Individual investor. | ||
| Siraj Khaliq | Individual investor. |
Investment activity status
Active investor