See other companies on Welcome to the Jungle
Cleo
AI personal finance assistant
- 201-500 employees
- Fintech
- B2C
- Artificial Intelligence
- Banking
- Personal finance
- Financial Services
- SaaS
- London, UK
Jump to section
Company mission
To help millions of people improve their financial health, and relate to them in a way their banks never could.
Many candidates hear
back within 2 weeks
43% female employees
24% employee growth in 12 months
Our take
People are increasingly not satisfied with the products being offered by traditional banks, which have proven slow to react to the needs of younger consumers who expect more from their everyday experiences.
Cleo was one of the first companies to make great use of chatbots that sit within Facebook's messenger app. This chatbot-first approach and Gen Z user base have given it strong virality. It now has millions of registered users, 99% of which are based in the US, leading to a decision to take a year break from the UK market to focus on its US Gen Z customers.
Its Series C funding will help the company to double down in the US, where it will make a significant increase in employee headcount, and enable Cleo to maintain and expand its service during an economic downturn.
Financial advice delivered via bots is a crowded space, so Cleo benefits from having a strong brand presence. It has gone for very bold, fun, Gen Z-focused messaging which helps it to stand out from competitors such as Emma, Plum, and Chip.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- 25 days of Annual leave a year + public holidays (+ an additional day for every year you spend at Cleo)
- 401k matching in the US and 6% employer-matched pension in the UK
- Online courses, £150 annual budget & internal training to level up your skills
- Regular socials and activities, online and in-person
- Online mental health support via Spill
- 1 month paid sabbatical after every 4 years with Cleo
- OpenAI Plus subscription
- Electric vehicle salary sacrifice scheme and cycle-to-work scheme
- Life assurance and income protection via AIG
- Medical insurance via Axa and Healthcare cash plan via Medicash
- Performance reviews every 8 months. Generous pay increases for high performers and high-growth team members. Equity top-ups for team members getting promoted
Company values
- Make it Happen
- Learn at Speed
- Bring Good Vibes
Funding (last 2 of 5 rounds)
Jun 2022
$80m
SERIES C
Dec 2020
$44m
SERIES B
Total funding: $137.5m
This company has top investors
Leadership
Barnaby Hussey-Yeo
(CEO)Data Scientist at Wonga, one of the companies that pioneered the smart use of data for loan decisions. Joined Entrepreneur First where Cleo was formed.
People progressing
Joined Cleo straight from Makers Academy in 2018, and became Technical Lead in 2021.
Diversity, Equity & Inclusion at Cleo
Annie Jackson (Head of Talent )
- We’ve set up an internal committee of truly passionate people that are dedicated to ensuring Diversity and Inclusion is embedded in how we all operate as a team. We agree on meaningful actions, and get on with implementing them. We have three main focuses right now, which are:
- 1) Improving SocioEconomic diversity across the company
- 2) Increasing the number of women in Leadership roles
- 3) More community outreach
- Check out our 2022 Diversity and Inclusion report, here: https://web.meetcleo.com/blog/cleo-diversity-equity-and-inclusion-report-2022
Endorsements
All
Nice people (2)
Career progression (1)
Open and honest communication (1)
Innovative product (1)
Inspiring mission (1)
Cleo has clear career progressions and regular performance reviews, so I always know where I stand and what is required of me to advance in my role. Because of this, I've been able to move through my progressions quickly and take charge of my own development. And with the company growing at such a fast pace, there's opportunity to carve your future at the company.
Marketing
Career progression
Jul 2023
Think chat GPT but for personal finances. Cleo's been in the AI game for 6+ years now and is leading personal finance apps with its super powerful and intelligent AI. Every day our product teams are building new and exciting features. And as a marketer, I have the pleasure of launching these features into the real world in the most creative and innovative ways.
Marketing
Innovative product
Jul 2023
Cleople are unmatched. The vibes, the energy, the friendships. I genuinely love my colleagues and have developed real-life friendships. I don't know how our hiring team does it. But every new joiner always fits in just perfectly.
Marketing
Nice people
Jul 2023
The people at Cleo are some of the brightest I've ever worked with. Everyone is open to chipping in and helping out wherever possible which creates a collaborative environment.
People, HR, Recruitment
Nice people
Jul 2023
Many people at Cleo cite our mission as the reason for joining. We're helping millions of people across the US to manage their money better and get themselves to a financially secure position. We're reminded of our mission in everything we do.
People, HR, Recruitment
Inspiring mission
Jul 2023
We have weekly all hands meetings where all business metrics are discussed in detail. No decisions are made behind closed doors and failures are not hidden, in fact they are highlighted as things we can learn from in the future.
People, HR, Recruitment
Open and honest communication
Jul 2023
Jobs (34)
Software Engineering
Data
People, HR, Recruitment
Operations & Strategy
Product
Design
Sales & Account Management
