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Cleo Labs
San Francisco, US · Founded 2016 · Delaware corporation · 12 employees on LinkedIn · 6 known investors
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Cleo provides software for compliance teams that automates regulatory monitoring and analysis while keeping human judgment central to decision-making. The platform reads regulations, understands organizational context, and surfaces actionable insights for compliance professionals.
Founders & leadership
Cleo Labs was founded in 2016 by Shannon Spanhake.
Board
Investors · 6
How we know: Kima Ventures's portfolio page · funding news · cleolabs.co · Not right? Tell us
How we know: funding news · cleolabs.co · Not right? Tell us
Also in the syndicate · 1
Funding
SEC filings, press & company announcements$84.7M disclosed across 4 of 7 rounds · 2016–2026
- Undisclosed amountSeedApr 2026
Accel, Financière Saint-James, Kima Ventures
Source ↗ - Undisclosed amountpre-seedApr 2026
Accel, Financière Saint-James, Kima Ventures
Source ↗
▶$40MraisedMar 2021 · 10 investors · Other TechnologyRule 506(b)
- Sarahjane SacchettiExecutive Officer, Director
- Amy KuxExecutive Officer
- Sarah GuoDirector
- Vanessa LarcoDirector
- Karin AjmaniDirector
- Michael DixonDirector
- Offering amount
- $40M
- Amount sold
- $40M
- First sale
- Mar 2021
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$31.2MraisedDec 2020 · 17 investors · Other TechnologyRule 506(b)
- Sarah GuoDirector
- Sarahjane SacchettiExecutive Officer, Director
- Vanessa LarcoDirector
- Offering amount
- $32.4M
- Amount sold
- $31.2M
- First sale
- Dec 2018
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$11MraisedApr 2019 · 14 investors · Other TechnologyRule 506(b)
- Shannon SpanhakeExecutive Officer, Director
- Sarah GuoDirector
- Vanessa LarcoDirector
- Offering amount
- $11.2M
- Amount sold
- $11M
- First sale
- Nov 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$2.4MraisedApr 2019 · 8 investors · Other TechnologyRule 506(b)
- Shannon SpanhakeExecutive Officer, Director
- Sarah GuoDirector
- Vanessa LarcoDirector
- Offering amount
- $2.4M
- Amount sold
- $2.4M
- First sale
- Nov 2016
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Cleo Labs do?
- Cleo provides software for compliance teams that automates regulatory monitoring and analysis while keeping human judgment central to decision-making. The platform reads regulations, understands organizational context, and surfaces actionable insights for compliance professionals.
- Who founded Cleo Labs?
- Cleo Labs was founded by Shannon Spanhake in 2016.
- Who are Cleo Labs's investors?
- Cleo Labs's investors include Kima Ventures, Accel, Financière Saint James, New Enterprise Associates (NEA), Premise Ventures.
- How much funding has Cleo Labs raised?
- Cleo Labs has disclosed $84.7M raised across 4 of its 7 known rounds.
- Where is Cleo Labs headquartered?
- Cleo Labs is headquartered in San Francisco, US.