Cleo
Working parent benefits platform
- 21-100 employees
- Fintech
- Credit Scoring
- B2B
- Personal finance
- Lending
- Financial Services
- SaaS
- The East Cut, San Francisco, CA
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Company mission
To help families be their best at home and at work.
Our take
Designed to provide support to working families in America, the family benefits app, Cleo, uses clinician-designed family support programs to allow employers to show their commitment to helping working parents. There's growing evidence indicating that workplace family support is essential for maintaining a loyal, engaged, and diverse workforce.
Cleo offers family benefits to both prospective and current parents for free through their employers. With the backing of numerous Fortune 500 companies, Cleo also provides personalized guidance for parents, from family planning all the way up to when a child turns 12 years old.
Looking ahead, Cleo continues to expand its offerings with packages that connect families with vetted caregivers via concierge support or, as an alternative, with family co-op option. It is also exploring the adult care markets for further expansion opportunities.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Flexible hours, 12 weeks of paid parental leave, and (of course) access to Cleo to support you as a working parent
- Take the time off you need to come back feeling recharged
- Company paid coverage for life insurance, short- and long-term disability
- Set aside pre-tax dollars for 401k, Flexible Spending Accounts (health and dependent care), Health Spending Account, and transit/parking
- Well-being options including Perkspot, Personal Capital, Sofi, PetPlan, Employee Assistance Program, and more!
- Comprehensive medical, dental, and vision, and membership to One Medical
Funding (last 2 of 4 rounds)
Mar 2021
$40m
SERIES C
Mar 2019
$27.5m
SERIES B
Total funding: $80.9m
This company has top investors
Leadership
Madhavi Vemireddy
(CEO)Joined the company as Chief Clinical Officer in 2022, becoming CEO in 2023. Formerly Chief Operating Officer and Co-Founder at CareTribe, and Head of Clinical Program Design and Care Management Products at Aetna.