
Address
Cleo AI Ltd
London
United Kingdom
Website
Industry
Business classification
VCID: 563951
Profile
Corporate information
Official name
Cleo AI Ltd
Registration country
Official identities
UK Companies House 09864205
Investment activity status
Active investor
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
Funding rounds
Series A USD 10,000,000
USD 10,000,000 (21 Sep 2018) at USD 30,000,000 valuation.
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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Balderton Capital Management (UK) LLP | European early stage venture capital firm | United Kingdom | Led the round. |
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LocalGlobe | UK-based venture capital firm that focuses on seed investments. | United Kingdom | Round participant. |
Seed GBP 2,000,000
(26 Jul 2017)
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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LocalGlobe | UK-based venture capital firm that focuses on seed investments. | United Kingdom | Led the round. |
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Entrepreneur First Investment Manager LLP | Tehnology incubator that invests in individuals “pre-team, pre-idea” to help create new technology startups. | United Kingdom | Round participant. |
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Jason Goodman | Round participant. | ||
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Niklas Zennström | Round participant. | ||
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Redbus Investments | United Kingdom | Round participant. | |
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Zennström Philanthropies | Round participant. |
Seed USD 700,000
(25 Jan 2017)
Investor | Profile | Country | Notes | |
---|---|---|---|---|
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Alex Chesterman | |||
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Errol Damelin | |||
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Jason Goodman | |||
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Joe White | |||
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Niklas Zennström | |||
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Simon Franks | |||
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Siraj Khaliq | |||
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Wendy Tan White |
Cap Table
Current and past shareholders
Investor | Contacts | Round | |
---|---|---|---|
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Alex Chesterman |
Seed | |
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Balderton Capital Management (UK) LLP European early stage venture capital firm |
+44 (20) 7016-6800 |
Series A |
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Entrepreneur First Investment Manager LLP Tehnology incubator that invests in individuals “pre-team, pre-idea” to help create new technology startups. |
Seed | |
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LocalGlobe UK-based venture capital firm that focuses on seed investments. |
Seed Series A |
|
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Redbus Investments |
+44 (20) 7299-8844 |
Seed |
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Upscale |
Venture | |
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Zennström Philanthropies |
Seed |