Cleo

AI money app and chatbot that helps people budget, save and manage their spending.

Why it's here

Valued at $1B in March 2025, and the CEO says Cleo is net income profitable and heading for $340M ARR.

Focus: AI Money Assistant
Founded: 2015
Total raised: $176Msource: multiples.vc
Latest round: Series C, $80M, Jun 2022
Registered office: Fourth Floor, The Gilbert, 40 Finsbury Square, London, Islington EC2A 1PXsource: find-and-update.company-information.service.gov.uk
London presence: HQsource: find-and-update.company-information.service.gov.uk
Investors: EQT Ventures (lead), Sofina (lead), Balderton Capital, BlueYard Capital, Brevan Howard Digital, CMT Digital, Coinbase Ventures, Ethereal Ventures, FinTech Collective, Frontline Ventures, LocalGlobe, Redbus Ventures, SBIsource: multiples.vc
Recognised on: Sifted 100 UK & Ireland 2024, #34source: content.sifted.eu
Tech Nation Future Fifty 2024source: technation.io
Deloitte UK Technology Fast 50 2023, #16source: deloitte.co.uk
Area: Shoreditch & Old Street
Nearest station: Moorgate, 268 m
Companies House: CLEO AI LTD. (09864205, active)Incorporated 9 Nov 2015 · SIC 63990
Visas: Licensed visa sponsor, listed as Cleo AI Ltdsource: gov.uk

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