Tech Company Financing Transactions
Cleo AI Funding Round
Sofina, Balderton Capital and EQT Ventures participated in a $80 million Series C funding round for Cleo AI. The round closed on 6/29/2022.
Transaction Overview
Company Name
Announced On
6/29/2022
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds for continued US growth, including a significant increase in employee headcount from 140 to over 220 and continue iterating and improving on its product suite.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
45C Mitchell St.
London, EC1V 3QZ
UK
London, EC1V 3QZ
UK
Phone
Website
Email Address
Overview
Cleo was born in early 2016 at Entrepreneur First, Europe's leading accelerator for technical talent. We now help our users manage over £120M and are pleased to be joined by incredible investors who share our vision to build the world's financial assistant.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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