About Cleo AI
Cleo AI is a company based in London (United Kingdom) founded in 2015 by Chitra Akileswaran and Barnaby Hussey Yeo. Cleo AI has raised $175.49 million across 9 funding rounds from investors including State Bank of India, Balderton Capital and Sofina. Cleo AI operates in a competitive market with competitors including Snoop, Penny, Talkbank, Olivia AI and Mintzip, among others.
- Headquarter London, United Kingdom
- Founders Chitra Akileswaran, Barnaby Hussey Yeo
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Cleo Ai Ltd.
- Date of Incorporation 09 Nov, 2015
- Jurisdiction ALTRINCHAM, CHESHIRE, UNITED KINGDOM
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$175.49 M (USD)
in 9 rounds
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Latest Funding Round
$80 M (USD), Series C
Apr 13, 2022
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Investors
State Bank of India
& 20 more
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Employee Count
Not available
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People of Cleo AI
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Funding Insights of Cleo AI
Cleo AI has successfully raised a total of $175.49M across 9 strategic funding rounds. The most recent funding activity was a Series C round of $80 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Cleo AI
Cleo AI has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include State Bank of India, Balderton Capital and Sofina.
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Venture capital investments are provided by Sofina to emerging companies.
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Venture capital investments in technology and innovation sectors.
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Multistage venture capital investments are focused on technology sectors.
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Investor details for Cleo AI
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Investments & Acquisitions by Cleo AI
Investment portfolio details for Cleo AI
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Financial Statements - Cleo AI
Detailed financials for Cleo AI
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Cleo Ai Comparisons
Peer comparison for Cleo AI
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Competitors of Cleo AI
Cleo AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Snoop, Penny, Talkbank, Olivia AI and Mintzip, among others.
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Expense management for individuals is enabled via a mobile app.
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Personal expenses are tracked and analyzed via chat-based interface.
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Provider of a virtual chatbot for finance and commerce
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Personal finances are managed and optimized by AI-driven insights.
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Savings and money management platform
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Detailed competitors of Cleo AI
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Latest news on Cleo Ai
Complete news archive for Cleo AI
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Frequently Asked Questions about Cleo AI
Cleo AI was founded in 2015.
Cleo AI is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Barnaby Hussey Yeo is the current CEO of Cleo AI. They have also founded this company.
Cleo AI is a funded company, having raised a total of $175.49M across 9 funding rounds to date.
Cleo AI was founded in 2015 in London, United Kingdom, and operates in the personal finance sector. Cloud-based AI chatbots are provided to assist with expense management, bill payment reminders, and daily spending optimization. Spending habits are analyzed to deliver insights and recommendations for cost savings. Salary advances are also extended to users through an app-based platform compatible with iOS and Android devices.
Cleo AI has 21 investors. Key investors include State Bank of India, Balderton Capital, Sofina, EQT Ventures, and LocalGlobe.
The valuation of Cleo AI is $106.12M as of Apr 2020.