# Cleo funding: rounds and investors > Cleo has raised $132M across 5 rounds since 2012. Investors include LocalGlobe, New Enterprise Associates and Greylock. Every round with its source. Source: https://millionrounds.com/company/cleo (Millionrounds; every figure on the page links to its filing or article) United States · [Series C startup](https://millionrounds.com/companies) # Who invested in *Cleo* 5 rounds we have observed, with the 16 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Fintech Internet Funding summary Updated 26 Oct 2026 **$132M** raised across 5 rounds since 2012, from 5 sources **$3.5M** Venture **$11M** Series A **$10M** Series A **$28M** Series B **$80M** Series C - **Latest round:** Series C, $80M Jun 2022 - **Step-up i:** 2.9× - **Investors:** 16 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2012 2014 2016 2018 2020 2022 **$3.5M** Venture **$11M** Series A **$10M** Series A **$80M** Series C - **First round:** Venture, $3.5M - **Biggest round:** $80M - **Usual gap between rounds:** 3.2 years ## The rounds - **Jun 2022** Series C **$80M** *3 new* *1 returning* [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) [LocalGlobe](https://millionrounds.com/fund/localglobe) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) Source recorded - **Mar 2019** Series B **$28M** *6 new* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) Lead [Aaron Levie](https://millionrounds.com/fund/aaron-levie) [Marissa Mayer](https://millionrounds.com/fund/marissa-mayer) [Jeff Weiner](https://millionrounds.com/fund/jeff-weiner) Chip Bergh Jeff Immelt Reported by Fortune SEC filing: $11M sold, first sale Nov 2017 - **Sept 2018** Series A **$10M** *3 new* [LocalGlobe](https://millionrounds.com/fund/localglobe) [Taavet Hinrikus](https://millionrounds.com/fund/taavet-hinrikus) Balderton Capital/ Niklas Zennström Reported by FinSMEs - **Jun 2018** Series A **$11M** *3 new* [Greylock](https://millionrounds.com/fund/greylock-partners) [Felicis](https://millionrounds.com/fund/felicis-ventures) [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) Reported by FinSMEs - **May 2012** Venture **$3.5M** *1 new* [Peterson Partners](https://millionrounds.com/fund/peterson-partners) Reported by reuters.com ## 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. **Venture** 2012 **Series A** 2018 **Series A** 2018 **Series B** 2019 **Series C** 2022 [LocalGlobe](https://millionrounds.com/fund/localglobe) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) L [Greylock](https://millionrounds.com/fund/greylock-partners) [Felicis](https://millionrounds.com/fund/felicis-ventures) [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) [Peterson Partners](https://millionrounds.com/fund/peterson-partners) [Aaron Levie](https://millionrounds.com/fund/aaron-levie) ## Everyone who backed them [LocalGlobe](https://millionrounds.com/fund/localglobe) VC firm **2** rounds [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round, led 1 [Greylock](https://millionrounds.com/fund/greylock-partners) VC firm **1** round [Felicis](https://millionrounds.com/fund/felicis-ventures) VC firm **1** round [Balderton Capital](https://millionrounds.com/fund/balderton-capital) VC firm **1** round [Entrepreneur First](https://millionrounds.com/fund/entrepreneurs-first) Accelerator **1** round [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) VC firm **1** round [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) VC firm **1** round [Peterson Partners](https://millionrounds.com/fund/peterson-partners) Private equity **1** round [Aaron Levie](https://millionrounds.com/fund/aaron-levie) VC firm **1** round [Taavet Hinrikus](https://millionrounds.com/fund/taavet-hinrikus) VC firm **1** round [Marissa Mayer](https://millionrounds.com/fund/marissa-mayer) Angel **1** round [Jeff Weiner](https://millionrounds.com/fund/jeff-weiner) VC firm **1** round Balderton Capital/ Niklas Zennström no record of our own yet **1** round Chip Bergh no record of our own yet **1** round Jeff Immelt no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=cleo). ## 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. [Redbus Ventures](https://millionrounds.com/fund/redbus-ventures) VC firm Per its own site ## Quick answers about Cleo ### Who invested in Cleo? Cleo's investors include LocalGlobe, New Enterprise Associates, Greylock, Felicis and Balderton Capital, and 11 more on record. ### 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. ## Companies like Cleo In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app