C
Celo
Fintech · San Francisco, United States · Founded 2017
An open-source platform that enables anyone to build borderless applications MoreLess
Celo is a mobile-first decentralized finance (DeFi) platform designed to facilitate fast, secure, and stable digital payments. Operating in the blockchain and cryptocurrency market, Celo serves a diverse range of clients including developers, businesses, and individual users. The platform is proof-of-stake, EVM-compatible, open-source, and governed by CELO asset owners. Celo's ecosystem supports over 1,000 projects, partners, and developers, backed by millions of CELO owners globally. The business model revolves around transaction fees, staking rewards, and the development of decentralized applications (dApps) that operate across various chains, carriers, and countries. By enabling the use of cryptocurrency like everyday money, Celo aims to make digital finance accessible to all.
Keywords: DeFi, digital payments, blockchain, cryptocurrency, mobile-first, proof-of-stake, EVM-compatible, open-source, dApps, staking rewards.
Company overview
Celo company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2017
- Headquarters
- San Francisco, United States
- Employees
- 66
- Open positions
- None listed
- Dealroom signal
- 67.0
- Investment activity
- 12 companies · latest Nov 2022
- Capital deployed
- $20M
- Preferred round
- GRANT
Valuation & funding
Celo funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEEDOther financing | Nov 2022 | $0 | — | DWF Labs | — |
| EARLY VCOther financing | Apr 2021 | $0 | — | Deutsche Telekom | — |
| EARLY VCOther financing | Feb 2021 | $20M | $150M | Andreessen Horowitz · Electric Capital · Greenfield One | — |
| EARLY VCOther financing | May 2020 | $10M | $40M | Undisclosed | — |
| FundingOther financing | Dec 2019 | $0 | — | Undisclosed | — |
| EARLY VCOther financing | Apr 2019 | Andreessen Horowitz · Polychain Capital | — | ||
| EARLY VCOther financing | Jun 2018 | Lakestar · General Catalyst · Andreessen Horowitz · Social Capital | — | ||
| SUPPORT PROGRAMOther financing | Dec 2017 | Google for Startups Accelerator | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $17M | 0% | 66 |
| 2025 | $17M | 0% | 71 |
| 2024 | $17M | 0% | 80 |
| 2023 | $17M | 0% | 94 |
| 2022 | $17M | +171.2% | 96 |
| 2021 | $6.4M | +145.4% | 74 |
| 2020 | $2.6M | — | 40 |
Growth signals
Celo website traffic
Latest recorded traffic for Celo is 77K monthly website visits, down 16.3% over the last three months. Celo's team declined 7% over the past year.
Comparisons
Celo compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
Celo investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
ThalloLondon, United KingdomUses blockchain technology to revolutionize and democratize the way individuals and businesses buy, sell and trade carbon offsets
$10Mvaluation
CPayantLondon, United KingdomInnovative digital wallet offering rewards for referrals and usage, saving users money on every transaction
→
NEFTME - “Create to Earn '' NFTs social networkLisbon, PortugalCreate to Earn '' NFTs social network, where users can buy, sell, and invest in each other's content!
→
101Los Angeles, United StatesThe central hub for online courses that issue crypto rewards
→
ChimoneyToronto, CanadaThe Global Payouts Platform
→
ImpactMarketBraga, PortugalOpen CrowdFinance Infrastructure for Social Impact, that enables any vulnerable community to have its own unconditional basic income system for their beneficiaries, where each member can claim a fixed amount on a regular basis, and make/receive payments, with just a mobile phone
$6.4Mvaluation
Maria HealthTaguig, PhilippinesMaria Health created a place online where people can easily compare what the top healthcare brands have to offer
$4Mvaluation
LemonBuenos Aires, ArgentinaArgentina-based crypto exchange
$65Mvaluation
TechtecTokyo, JapanBlockchain-focused learning and marketing support, enabling global crypto projects to thrive in Japan
$524Kvaluation
FlowcarbonNew York City, United StatesBrings carbon offset credits on chain, leveraging blockchain technology to accelerate the innovation and scale of climate change solutions
$140Mvaluation
Yellow CardAtlanta, United StatesThe Safest Place to Buy and Sell Bitcoin
$200Mvaluation
SummaSan Francisco, United StatesSumma - Cross-chain financial services provider
→
Talent graph
Celo's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Celo has talent and traffic
In the news
Latest news about Celo
Recent press, funding announcements, and product moves mentioning Celo — open to read from the original sources.
Market sentiment
What the market is saying about Celo
An AI-synthesized read of the highest-engagement posts about Celo on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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