C
Celo
An open-source platform that enables anyone to build borderless applications
About Celo
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.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2017
- Headquarters
- San Francisco, United States
- Employees
- 66
- Open positions
- None listed
- Dealroom signal
- 67.0/100
- Industry
- Fintech
- Sub-industry
- Payments, Crypto and DeFi
- Sector
- Fintech, Stablecoin, Layer1, Crypto and Web 3.0 Infrastructure, Celo Ecosystem, Crypto and Web3
- Technology
- Blockchain, Deep Tech, Mobile app
- Business model
- SaaS
- Client focus
- b2b, b2c
- Investment activity
- 12 companies, latest Nov 2022
- Capital deployed
- $20M
- Preferred round
- GRANT
Knowledge graph
More headlines
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 | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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!
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101Los Angeles, United StatesThe central hub for online courses that issue crypto rewards
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ChimoneyToronto, CanadaThe Global Payouts Platform
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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
→
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
DWF Labs
Series A19 investors entered at this stage
Lakestar
General Catalyst
Andreessen Horowitz
Social Capital
Elad Gil
Polychain Capital
Vijay Pandurangan
Avichal Garg
Nitesh Banta
Tanguy Chau
Julia Popowitz
Reid Hoffman
Naval Ravikant
Coinbase Ventures
Linda Xie
Arianna Simpson
Electric Capital
Greenfield One
Deutsche Telekom
Other known investors1 additional known investor
Google for Startups Accelerator
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Celo on X, ranked by likes and reposts, corporate channels excluded.
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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