United States · 
Who invested in Cleo?
Cleo's investors include LocalGlobe, New Enterprise Associates, Greylock, Felicis and Balderton Capital, and 11 more on record.
201220142016201820202022
$3.5MVenture$11MSeries A$10MSeries A$80MSeries C
United States · Series C startup
Who invested in Cleo
Funding summaryUpdated 26 Oct 2026
$132Mraised across 5 rounds since 2012, from 5 sources
$3.5MVenture$11MSeries A$10MSeries A$28MSeries B$80MSeries C
- Latest round
- Series C, $80MJun 2022
- Step-upi
- 2.9×
- Investors
- 16 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Venture, $3.5M May 2012
- Biggest round
- $80M Series C · Jun 2022
- Usual gap between rounds
- 3.2 years the median of 4
The rounds
- Jun 2022Series C$80M3 new1 returning
Source recorded
- Mar 2019Series B$28M6 new
New Enterprise AssociatesLead- Aaron Levie
- Marissa Mayer
- Jeff Weiner
- Chip Bergh
- Jeff Immelt
Reported by FortuneSEC filing: $11M sold, first sale Nov 2017
- Sept 2018
- Jun 2018
- May 2012
Who was in which round
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
Venture2012Series A2018Series A2018Series B2019Series C2022
LocalGlobeNew Enterprise AssociatesL
Greylock
Felicis
Balderton Capital
Entrepreneur First
Forerunner Ventures
EQT Ventures
Peterson PartnersAaron Levie
LocalGlobeNew Enterprise AssociatesLGreylockFelicisBalderton CapitalEntrepreneur FirstForerunner VenturesEQT VenturesPeterson PartnersAaron LevieEveryone who backed them
Aaron LevieVC firm1round
Taavet HinrikusVC firm1round
Marissa MayerAngel1round
Jeff WeinerVC firm1round
Balderton Capital/ Niklas Zennströmno record of our own yet1round
Chip Berghno record of our own yet1round
Jeff Immeltno record of our own yet1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
This firm lists Cleo as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Cleo
How much has Cleo raised?
Cleo has raised $132M across 5 rounds since 2012.
When did Cleo last raise?
Cleo's most recent round was a Series C of $80M in Jun 2022.
What was Cleo's biggest round?
Its most recent round, $80M in Jun 2022, is also its largest on record.
Who backed Cleo first?
Cleo's first round on record, in May 2012, was backed by Peterson Partners.
What stage is Cleo at?
Cleo's latest named round is a Series C, in Jun 2022.
Where is Cleo based?
Cleo is based in the United States.
Who led Cleo's rounds?
New Enterprise Associates led the Series B in 2019.
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