Cleo Raises $40M In Series C To Fuel Growth &Amp; Launch New Products For Working Families And Their Employers
Mar 30, 2021•over 4 years ago
Amount Raised
$40 Million
Round Type
series c
Description
Cleo, the leading family benefits platform supporting working families in the planning stage through the teenage years, today announced a $40 million Series C investment led by Transformation Capital, with participation from Glynn Capital, PruVen Capital and Gaingels and existing investors Greylock, NEA and Felicis. In conjunction with this round, Transformation Capital Managing Partner, Mike Dixon will join Cleo’s Board. This round brings Cleo’s total funding to $83 million.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech