When was Cleo founded?

Cleo was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is Cleo located?

Cleo is headquartered in San Francisco, United States. It is registered at 548 MARKET ST,SAN FRANCISCO,CA,94104,0.

How many employees does Cleo have?

As of Feb 28, 2026, the latest employee count at Cleo is 49.

Is Cleo a funded company?

Cleo is a funded company, having raised a total of $86.9M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 29, 2016.

When was the latest funding round of Cleo?

Cleo's latest funding was a $***** Series C round on Mar 30, 2021, with participation from 7 investors. Its primary sector is HRTech. In United States, the HRTech sector has seen $511M in funding in 2026 to date.

Where does Cleo rank among its competitors?

Cleo ranks 5th amongst 32 active competitors, of which 8 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Branch, which secured $5M in Apr, 2025.

Who are the top competitors of Cleo?

Cleo's top competitors include Maven, Ovia Health and Rethink. Among them, Branch secured the most recent funding round in April, 2025.

Cleo - 2026 Company Profile, Team, Funding & Competitors

Cleo is a series C company based in San Francisco (United States), founded in 2016 by Matt Blake and Chitra Akileswaran. It operates as a Provider of an online family benefit management platform for employees and their families. Cleo has raised $86.9M in funding from investors like Greylock, New Enterprise Associates and Felicis Ventures. The company has 32 active competitors, including 8 funded and 3 that have exited. Its top competitors include companies like Maven, Ovia Health and Rethink.

Company Details

Cleo is an app offering an online family benefit management platform for employees and their families. The mobile app is designed as an intelligent marketplace that predicts and provides personalized guidance to expectant parent employees. The platform provides evidence-based guidance for career management and clinical care benefits. The app provides solutions for [pregnancy management, career coaching, kids management, and more.

Website: hicleo.com
Social
Email ID: *****@hicleo.com
Registered Address: 548 MARKET ST,SAN FRANCISCO,CA,94104,0

Key Metrics

Founded Year

2016

Location

San Francisco, United States

Stage

Series C

Total Funding

$86.9M in 5 rounds

Latest Funding Round

Series C, Mar 30, 2021, $*****

Investors

Greylock & 14 more

Ranked

5^th among 32 active competitors

Employee Count

49 as on Feb 28, 2026

Investment & Acquisitions

CareTribe

Similar Companies

Maven & 36 more

View Cleo's full profile

Cleo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CLEO LABS, INC. CIN: 32085841883 , United States, Active		-	-	-

Cleo has raised a total funding of $86.9M over 5 rounds. Its first funding round was on Nov 29, 2016. Its latest funding round was a Series C round on Mar 30, 2021 for $*****. 7 investors participated in its latest round. Cleo has 10 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Cleo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 30, 2021	9435597	Series C	9279924	1954257	5256706	1029093
Dec 03, 2020	2926960	Series B	1945319	3180253	8883632	Jeff Immelt & 4 more
Nov 16, 2017	9292342	Series A	6650896	5013522	Greylock	Forerunner Ventures & 1 more

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View details of Cleo's funding rounds and investors

The founders of Cleo are Matt Blake and Chitra Akileswaran.

Here are the details of Cleo's key team members:

Matt Blake: Former Co-Founder of Cleo and founder of 1 other company.
Chitra Akileswaran: Former Co-Founder of Cleo and founder of 1 other company.
Contact Info: 1 email address

Cleo's Board of Directors

Cleo's board has 7 active members. Sarah Guo, Vanessa Larco, Michael Dixon, Karin Ajmani, Shannon Spanhake, Sarahjane Sacchetti and Amy Kux are independent board members.

Here is the list of Cleo's board of directors:

Name	Type	Representing	Status	Duration
Sarah Guo	Independent board member	-	Current	6y 11m
gnpgjkx	Independent board member	-	Current	6y 3m
wbmihjb	Independent board member	-	Current	3y 1m
bgfdbwo	Independent board member	-	Current	4y 1m
evfzjco	Independent board member	-	Current	1y 7m
ivkuzcg	Independent board member	-	Current	7y 6m
qdrsmnm	Independent board member	-	Current	2y 9m

View details of Cleo's Founder profiles and Board Members

Cleo's employee count trend

Cleo has 49 employees as of Feb 26. Here is Cleo's employee count trend over the years:

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Top competitors of Cleo include Maven, Ovia Health and Rethink. Here is the list of Top 10 competitors of Cleo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Maven 2014, New York City (United States), Series F	Virtual care for women and families across every life stage	$425M	Icon Ventures, Dragoneer Investment Group ... & 56 others	72/100
2nd	Ovia Health 2012, Boston (United States), Acquired	Provider of mobile application for women's and family health	$23.5M	Zaffre Investments, Martin Ventures & 12 others	72/100
3rd	Rethink 2007, New York City (United States), Series D	Web-based educational and personalized behavior therapy to children and employee benefit solutions	$16.7M	Seavest Investment Group, Arboretum Ventures ... & 7 others	64/100
4th	Cobee 2018, Madrid (Spain), Acquired	Cloud-based platform for employee financial benefits	$61.5M	Balderton Capital, Speedinvest & 13 others	61/100
5th	Cleo 2016, San Francisco (United States), Series C	Provider of an online family benefit management platform for employees and their families	$86.9M	Glynn Capital, New Enterprise Associates ... & 13 others	60/100
6th	Branch 2015, Minneapolis (United States), Series C	Provider of an app-based platform for earned wages loans	$138M	Addition, March Capital & 18 others	59/100
7th	Stork Club 2017, San Francisco (United States), Series A	SaaS based online family benefits platform for self-insured employees and individual	$32.7M	General Catalyst, Slow Ventures & 8 others	46/100
8th	TRI AD 1974, Escondido (United States), Deadpooled	Benefits administration firm for employees	-	-	37/100
9th	Betterleave 2022, Austin (United States), Seed	Cloud-based employee family health benefits platform for caregiving	$2.4M	Chingona Ventures, Bread and Butter Ventures ... & 6 others	35/100
10th	AllCare 2018, Metro Manila (Philippines), Seed	Employee perks and benefits provider for the freelancers	-	Plug and Play APAC, 500 Global	33/100