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Cleo

AI chatbot for Gen Z personal finance — budgeting, credit coaching, and cash advances.
Fintech 📍 London, United Kingdom Founded 2016
Current Valuation
$500M
as of 2022-Q2
PRIVATE

IPO Outlookprivate

Is Cleo going public?
No. Cleo is private and has not filed to go public. There is no S-1 on file.
What is Cleo's valuation in 2026?
Cleo is valued at $500M as of 2022-Q2, set by its Series C ($80M, Jun 2022). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Cleo filed an S-1?
No public S-1 is on file for Cleo.
Who are Cleo's investors?
Cleo's investors include Sofina, Balderton Capital, LocalGlobe, EQT Ventures, Octopus Ventures.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Cleo is a chatbot-first personal finance app aimed at Gen Z, combining budgeting, credit-building, and cash-advance products inside a conversational AI interface that talks to users with humor and personality. Headquartered in London with major US operations, Cleo has roughly 4M+ users and has scaled to ~$300M in annualized revenue in 2025 — growth driven primarily by its US cash-advance and credit-building business. Last priced at $500M in its 2022 Series C, the revenue trajectory implies a substantially higher mark today.

Company Profile

CEO
Barnaby Hussey-Yeo
Founded
2016
HQ
London, United Kingdom
Employees
~250
Total Raised
$175M
Est. Revenue
$300M (2025-Q2)
Growth
~62% YoY
Last Round
Series C — $80M (Jun 2022) · Lead: Sofina
IPO Status
private

Fundraising Status

Series C · $80M · 4y 2mo ago
privateTotal raised $175M

Secondary Market

Implied price / share
$15
Last round price / share
$12.41
vs last round
+20.9%
Last round price vs secondary price
Last round vs current secondary price per share$12.41Last round$15.00Current
Secondary price return by period
Secondary market period returns3-month0.0%6-month0.0%1-year0.0%All-time0.0%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series C$80MJun 2022Sofina

Vertical Intelligence — AI / ML

No verified Hugging Face organization found for Cleo — no attributable open-model footprint. Closed-weights labs are common; this is a distribution signal, not a capability judgment.
Checked huggingface.co as of 2026-08-19. Re-checked weekly.

Talent Signal

Hiring trend
Hiring steady
25% of roles posted in last 30d
Open roles
4
via greenhouse
Product-build share
75%
engineering, research, product, design
Trajectory
steady
heavy product build — 75% of open roles are product-building functions (engineering/research/product) — 1 of 4 open roles are product.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month4Aug '26
Open roles by function
Open roles by functionProduct1Sales & GTM1Design1Engineering1
product-building   go-to-market / G&A
Product Manager Senior UX DesignerSupport Engineer ISales Development Representative
Counted from Cleo's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Barnaby Hussey-Yeo

Investors

Sofina · Balderton Capital · LocalGlobe · EQT Ventures · Octopus Ventures

Products

  • Cleo AI Chatbot
  • Cleo Plus (subscription)
  • Cleo Builder (credit-building card)
  • Cash Advance

Competitors

Chime · Earnin · Dave · Albert · Current
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Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q2. Refreshed quarterly.