The financing round was led by Eight Roads Ventures to support product development and international growth.
"We want to bridge the divide between big brand products that focus on affordability and efficacy, and smaller eco-friendly brands that are more expensive and less effective"
The Series B round was led by EQT Ventures with backing from several existing investors and angels.
"We’re building Cleo to become the financial advisor that a billion people need. One that talks to you like a real person, able to build trust and relationships like a bank never could,"
The Series A round was led by Balderton Capital to accelerate domestic growth and support international expansion.
"These are challenging times for anyone working in hospitality and income diversification is a powerful tool to boost revenues. I’m thrilled that venues from pubs, restaurants and hotels to casinos and supermarkets are embracing the delivery first era, by firing up their kitchens with Kbox."
Balderton Capital led the Seed financing round with participation from Seedcamp and high-profile angel investors.
"For years, companies have been searching for ways to make office communications faster. Not just for when team members are working from home, but between teams on different floors, different offices or across time zones. None have quite managed to combine speed and efficiency with security and minimal disruption until now. Plus, the potential of Riff is huge. We’re only just scratching the surface of what such a communication tool can do and offer to companies and it’s an exciting road to be on."