Cleo - About the company
Cleo is a series C company based in San Francisco (United States), founded in 2016 by Chitra Akileswaran and Matt Blake. 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 Partners, New Enterprise Associates and Felicis Ventures. The company has 33 active competitors, including 8 funded and 3 that have exited. Its top competitors include companies like Maven, Ovia Health and Cobee.
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
Investors
Ranked
4th among 33 active competitors
Employee Count
110 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with Cleo
Cleo is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CLEO LABS, INC. CIN: 32085841883 , United States, Active | - | - | - |
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Cleo's funding and investors
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
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 30, 2021 | 1560394 | Series C | 7475576 | 8722886 | 1013925 | 3364515 |
Dec 03, 2020 | 3616983 | Series B | 5106390 | 1365020 | 2901822 | |
Nov 16, 2017 | 5315405 | Series A | 6391864 | 5661864 |
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Cleo's founders and board of directors
Founder? Claim ProfileThe founders of Cleo are Chitra Akileswaran and Matt Blake.
Here are the details of Cleo's key team members:
- Chitra Akileswaran: Former Co-Founder of Cleo and founder of 1 other company. Contact Info: 1 email address
- Matt Blake: Former Co-Founder of Cleo and founder of 1 other company.
Cleo's Board of Directors
Cleo's board has 7 active members. Sarah Guo, Vanessa Larco, Michael Dixon, Karin Ajmani, Sarahjane Sacchetti, Amy Kux and Shannon Spanhake are independent board members.Here is the list of Cleo's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 7y 5m | |
hqqnacv | Independent board member | - | Current | 1y 3m |
fvetyyh | Independent board member | - | Current | 5y 5m |
caqbupi | Independent board member | - | Current | 8y 2m |
pqzyvw{ | Independent board member | - | Current | 3y 1m |
bhzdwar | Independent board member | - | Current | 6y 2m |
mnxlgrs | Independent board member | - | Current | 6y 3m |
View details of Cleo's Founder profiles and Board Members
Cleo's employee count trend
Cleo has 110 employees as of Sep 26. Here is Cleo's employee count trend over the years:
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Cleo's Competitors and alternates
Top competitors of Cleo include Maven, Ovia Health and Cobee. Here is the list of Top 10 competitors of Cleo, ranked by Tracxn score:
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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 | 72/100 | |
2nd | Ovia Health 2012, Boston (United States), Acquired | Provider of mobile application for women's and family health | $23.5M | 63/100 | |
3rd | Cloud-based platform for employee financial benefits | $61.5M | 61/100 | ||
4th | Cleo 2016, San Francisco (United States), Series C | Provider of an online family benefit management platform for employees and their families | $86.9M | 58/100 | |
5th | Branch 2015, Minneapolis (United States), Series C | Provider of an app-based platform for earned wages loans | $138M | 58/100 | |
6th |  Rethink 2007, New York City (United States), Series D | Web-based educational and personalized behavior therapy to children and employee benefit solutions | $16.7M | 58/100 | |
7th |  Stork Club 2017, San Francisco (United States), Series A | SaaS based online family benefits platform for self-insured employees and individual | $32.7M | 46/100 | |
8th |  Pluxee India Mumbai (India), Unfunded | Provider of digital employee meal benefits and corporate reward programs | - | - | 43/100 |
9th | AllCare 2018, Metro Manila (Philippines), Seed | Employee perks and benefits provider for the freelancers | - | 36/100 | |
10th |  Betterleave 2022, Austin (United States), Seed | Cloud-based employee family health benefits platform for caregiving | $2.4M | 35/100 |
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Cleo's Investments and acquisitions
Cleo has acquired CareTribe. Cleo has not made any investments as of now.Reports related to Cleo
Here is the latest report on Cleo's sector:
News related to Cleo
•
Cleo Partners with TOOTRiS to Support Families with Real-Time Access to Child CarePRWeb•Sep 25, 2024•Cleo, TOOTRiS
•
•
Cleo launches Cleo Teens, becoming the first family benefits platform to expand support to every stage of parentingGlobeNewswire•Feb 23, 2022•Cleo
•
Cleo Launches Clinical Advisory Board to Further Health Outcomes and Support for Today’s Working FamiliesBusiness Wire•Sep 08, 2021•Cleo
•
Cleo Raises $40M in Series C to Fuel Growth & Launch New Products for Working Families and Their EmployersBusiness Wire•Mar 30, 2021•Cleo, Transformation Capital, Glynn Capital, PruVen Capital and 4 others
•
Cleo Expands Leadership Team Following Banner Year of GrowthBusiness Wire•Jan 21, 2021•Cleo, Red Bull
•
Cleo Welcomes Healthcare Veteran Karin Ajmani to Its Board of DirectorsBusiness Wire•Nov 05, 2020•Cleo, Progyny
•
Parenting benefits company Cleo partners with UrbanSitter to address the US childcare crisisTechCrunch+•May 14, 2020•Cleo, UrbanSitter
•
Cleo Raises $27.5M from NEA, Angel InvestorsCitybizlist•Mar 21, 2019•Cleo, New Enterprise Associates, Chip Bergh, Chip Bergh and 2 others
•
Cleo pulls in $10.5 mln Series APE Hub•Jun 13, 2018•Cleo, Cleo, Greylock Partners, Forerunner Ventures and 1 other
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