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Cleo
Cleo. Where AI meets money. Cleo launched in 2016 by people who have been burned by banks. Fed up with the broken system, we decided it was time to make a change. Since then, the cost of living…
Cleo
Cleo. Where AI meets money. Cleo launched in 2016 by people who have been burned by banks. Fed up with the broken system, we decided it was time to make a change. Since then, the cost of living…
TL;DR
What they do: AI-first consumer finance platform and conversational AI financial assistant
Founded: 2016
Headcount (reported): 250+ (recent growth from ~100 to 250+); site lists 628 employees
Notable funding: Reported Series C $80M; total funding reported ~ $137.5M–$175M across profiles
Founder / CEO: Barney Hussey-Yeo
Company Overview
Problem Domain
Consumer personal finance, spending tracking, saving and debt management through conversational AI
Founded
2016
Industry
Financial Services
Funding Track Record
$10M
$44M
$80M
Reported by company materials as Series C; associated with a $500M valuation in company copy
Investor Signal
“EQT Ventures and Sofina led later rounds; early backers and angels include Entrepreneur First, LocalGlobe, Taavet Hinrikus, Niklas Zennström and Errol Damelin”
