Cleo, a digital assistant designed to help millennials look after money, secures $10m Series A investment | Balderton Capital

▤ Summary

Cleo has raised $10m in Series A funding, bringing its total funding to $15m since 2016. The company positions itself as a digital assistant for money management and says it helps users understand and control their spending. It already serves 600,000 users across the UK, US, and Canada and is adding thousands of new signups each week. The company also plans to launch its own financial products and expand internationally. The announcement highlights investor support from Balderton Capital and several well-known founders.

$ Funding

▦ Linked Companies