# Cleo Capital: portfolio, investments and team > Cleo Capital is a vc firm based in United States. 2 investments on record, 1 in the last 12 months, latest Aug 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/cleo-capital (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Cleo Capital Last cheque observed Aug 2026; 2 cheques on record. Email VC firm Deploying now Last fund $100K, Mar 2022 Pre-seed Seed Series A Token B2b2c Bank Follow Cleo Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fcleo-capital) Deploying now **100%** of best year **1** **cheques in 12 months**, 2 on record Since the last cheque **94** days **00** hrs **00** min **00** sec Median round **$4.3M** Cheque size, as they say **$500K – $1.0M** Rounds led **0 of 2** Pitch Cleo Capital ## Cleo Capital highlights - 01 1 cheques in the last 12 months - 02 Mostly Pre-seed and Seed: 100% of its rounds ## What they do > Cleo Capital is a generalist venture capital fund founded by general partner Sarah Kunst in 2018. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $500K – $1.0M as they say - **Stages:** Pre-seed Seed Series A - **Sectors:** Token B2b2c Bank - **Based in:** San Francisco, United States - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **2 appearances** - **2026** 1 round - **Aug** **[SkinBit](https://millionrounds.com/company/skinbit)** Pre-seed · US · TechStartups **$6.0M** With 5 others - **2019** 1 round - **Oct** **[Otherland](https://millionrounds.com/company/otherland)** Seed · US · Fortune **$2.7M** With 4 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **1 named** SK **Sarah Kunst** Manager i Filing they signed We also hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$23M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** CLEO Capital Management Company, LLC - **SEC number:** CRD 313128 Latest fund on file **$100K** raised in Mar 2022 From its SEC filing. Nothing newer is on file yet. ## The cheque Pre-seed Seed Series A Median round joined **$4.3M** the round, not its cheque Led 0 of 2 rounds **0%** - **Said size:** $500K – $1.0M - **Sole investor:** Never alone - **Last cheque:** Aug 2026 Rounds by stage said on their site - Pre-seed said *1* - Seed said *1* - Series A said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Leo Capital](https://millionrounds.com/fund/leo-capital) 2 **Pitching Cleo Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Cleo Capital. A count of rooms they were both in, not a relationship either has claimed. [**Leo Capital** VC firm **2** rounds together](https://millionrounds.com/fund/leo-capital) ## Recently backed The latest companies Cleo Capital put money into. [**SkinBit** $6.0M · Aug 2026](https://millionrounds.com/company/skinbit)[**Otherland** $2.7M · Oct 2019](https://millionrounds.com/company/otherland) ## Quick answers about Cleo Capital ### What does Cleo Capital invest in? Cleo Capital invests most often at Pre-seed and Seed (100% of the rounds on record), in sectors such as Token, B2b2c and Bank. ### How active is Cleo Capital? 2 investments on record, 1 of them in the last 12 months. The most recent was in Aug 2026. ### What has Cleo Capital invested in recently? Its most recent investments on record: SkinBit (Pre-seed, Aug 2026) and Otherland (Seed, Oct 2019). ### How big are Cleo Capital's cheques? The median round it joins is $4.3M. It says it writes cheques of $500K to $1.0M. ### Is Cleo Capital investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Cleo Capital invest alongside? Most often Leo Capital (2 rounds together). ### What kind of investor is Cleo Capital? Cleo Capital is a VC firm based in San Francisco, United States. ### How much does Cleo Capital manage? About $23M, as gross assets of its private funds (Oct 2026). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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