We're thrilled to announce that Cleo has raised $185,000,000 in our latest funding round—a game-changing milestone that reaffirms our commitment to revolutionizing how everyday people manage and feel about their money. Cleo, where AI meets money, was born in 2016 out of sheer frustration with a financial system that left so many feeling marginalized and burned by traditional banks. Today, as the cost of living continues to skyrocket and wealth disparity widens, our vision has only grown clearer: to change the world’s relationship with money for the better. This latest capital injection will empower us to further develop our AI-driven platform designed for the 99%, delivering a personal finance assistant that not only helps users save and budget but also transforms their financial mindset with humor and approachability.
Built on a foundation of simplicity and authenticity, Cleo’s intelligent chat interface offers deep insights into spending habits and provides tailored tools that allow everyone to build a meaningful path toward financial well-being—believing that every individual has the potential to achieve financial health in just one generation. By investing in innovative features and expanding our reach, this funding will accelerate our mission to offer inclusive, unbiased financial growth. It also supports our growing team, now more than 250 strong, and fuels continuous product enhancements designed for the next generation. At Cleo, we’re proud to support a culture built on collaboration, trust, and purposeful impact—because when you reimagine financial wellness, keeping it real and dropping the BS is just how we do business.
