Cleo (Commercial Services) Overview
- Year Founded
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2016
- Status
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Private
- Employees
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254
- Latest Deal Type
-
Series C
- Latest Deal Amount
-
$40M
- Investors
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24
Cleo (Commercial Services) General Information
Description
Developer of a family benefits platform designed to build trust and connection with families and guide them on their journeys through life as parents. The company's platform pairs intelligent personalization technology with a global network of certified care practitioners to guide parents on their journey from considering, pregnancy, parenthood, and back to work again, enabling working parents to navigate the complexities of parenthood, from fertility through childhood.
Contact Information
Website
www.hicleo.comCorporate Office
- PMB 46800
- 548 Market Street
- San Francisco, CA 94104-5401
- United States
Corporate Office
- PMB 46800
- 548 Market Street
- San Francisco, CA 94104-5401
- United States
Cleo (Commercial Services) Timeline
Cleo (Commercial Services) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Later Stage VC (Series C) | 30-Mar-2021 | $40M | Completed | Generating Revenue | ||
| 3. Early Stage VC (Series B) | 03-Dec-2020 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 13-Jun-2018 | $10.5M | $12.8M | Completed | Generating Revenue | |
| 1. Seed Round | 02-Mar-2017 | $2.25M | $2.25M | Completed | Startup |
Cleo (Commercial Services) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B | ||||||||
| Series A | 6,514,786 | $0.000100 | $1.69 | $1.69 | 1x | $1.69 | 19.34% | |
| Seed | 3,015,360 | $0.000100 | $0.81 | $0.81 | 1x | $0.81 | 8.95% |
Cleo (Commercial Services) Comparisons
Industry
Financing
Details
Cleo (Commercial Services) Competitors (5)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ovia Health | Formerly VC-backed | Boston, MA | ||||
| Maven | Venture Capital-Backed | New York, NY | ||||
| Progyny | Formerly VC-backed | New York, NY | ||||
| Aetna | Corporate Backed or Acquired | Hartford, CT | ||||
| The Cigna Group | Corporation | Bloomfield, CT |
Cleo (Commercial Services) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Cleo (Commercial Services) Executive Team (17)
| Name | Title | Board Seat |
|---|---|---|
| Madhavi Vemireddy | Co-Chief Executive Officer | |
| Tyler Hoersch | Chief Technology Officer | |
| Johnny Anderson | Senior Vice President, Finance | |
| Chitra Akileswaran MD | Co-Founder & Clinical Advisor | |
| Noah Lichtenstein | Advisor |
Cleo (Commercial Services) Board Members (6)
| Name | Representing | Role | Since |
|---|---|---|---|
| Jeffrey Immelt | New Enterprise Associates | Board Observer | |
| Karin Ajmani | Self | Board Member | |
| Michael Dixon | Transformation Capital | Board Member | |
| Niki Pezeshki | Felicis | Investor & Board Member | |
| Sarah Guo | Greylock | Board Member |
Cleo (Commercial Services) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Cleo (Commercial Services) Investors (24)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Evolutionary Ventures | Corporate Venture Capital | Minority | ||
| Gaingels | Venture Capital | Minority | ||
| Glynn Capital | Growth/Expansion | Minority | ||
| Ingeborg Investments | Venture Capital | Minority | ||
| PruVen Capital | Venture Capital | Minority |
Cleo (Commercial Services) Acquisitions (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| CareTribe | 23-May-2022 | Other Healthcare Technology Systems |
Cleo (Commercial Services) FAQs
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When was Cleo (Commercial Services) founded?
Cleo (Commercial Services) was founded in 2016.
-
Who is the founder of Cleo (Commercial Services)?
Shannon Spanhake and Chitra Akileswaran MD are the founders of Cleo (Commercial Services).
-
Who is the CEO of Cleo (Commercial Services)?
Madhavi Vemireddy is the CEO of Cleo (Commercial Services).
-
Where is Cleo (Commercial Services) headquartered?
Cleo (Commercial Services) is headquartered in San Francisco, CA.
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What is the size of Cleo (Commercial Services)?
Cleo (Commercial Services) has 254 total employees.
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What industry is Cleo (Commercial Services) in?
Cleo (Commercial Services)’s primary industry is Other Commercial Services.
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Is Cleo (Commercial Services) a private or public company?
Cleo (Commercial Services) is a Private company.
-
What is the current valuation of Cleo (Commercial Services)?
The current valuation of Cleo (Commercial Services) is .
-
What is Cleo (Commercial Services)’s current revenue?
The current revenue for Cleo (Commercial Services) is .
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How much funding has Cleo (Commercial Services) raised over time?
Cleo (Commercial Services) has raised $84M.
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Who are Cleo (Commercial Services)’s investors?
Evolutionary Ventures, Gaingels, Glynn Capital, Ingeborg Investments, and PruVen Capital are 5 of 24 investors who have invested in Cleo (Commercial Services).
-
Who are Cleo (Commercial Services)’s competitors?
Ovia Health, Maven, Progyny, Aetna, and The Cigna Group are competitors of Cleo (Commercial Services).
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