Cleo Capital
Venture capitalPre-SeedβSeed Β· 1 people tracked
Investment thesis
Cleo Capital targets Delaware-incorporated software companies at the earliest stages that demonstrate potential for significant scale. The fund concentrates on three core thesis areas: future of income (reimagining how people earn and manage finances), complicated consumer (complex consumer needs and behaviors), and decentralized enterprise (distributed business models and structures). The firm prioritizes backing founders building technology solutions with transformative potential.
Source: firm website, verified Jul 21, 2026.
Team Β· 1 people
from the firm's websiteSarah Kunst is the founding general partner and managing director of Cleo Capital. She previously served as a senior advisor at Bumble focused on corporate VC initiatives and has held board positions on institutional endowments. She has been recognized by major publications including Forbes 30 Under 30, Vanity Fair, and the Wall Street Journal for her contributions to venture capital and innovation.
What they invest in
from 21 of 58 portfolio companiesAI & Machine Learning Γ6Consumer Γ5Fintech Γ5SaaS Γ5Climate Tech Γ4Hardware Γ4Healthtech Γ4Crypto & Web3 Γ3
HQs:United StatesΓ8ZambiaΓ1
Investments Β· 58 tracked
founders shown can be your intro pathAptos Orbital develops a hardware device that integrates computing, communications, and cloud connectivity for satellites and spacecraft in low Earth orbit. The product enables edge AI processing, persistent global communications, and integration with major cloud providers.
AI & Machine LearningHardwareSpace TechMountain View, US
Archive provides resale strategy, technology, and operations services to brands looking to build and scale their own resale businesses. The company handles strategy development, platform buildout, logistics, and ongoing optimization for retailers across product categories.
AI & Machine LearningCircular EconomyClimate TechE-commerceRetail TechSaaS
Emily GittinsRyan Rowe
AtoB provides fleet fuel cards that consolidate fuel, vehicle maintenance, repairs, tolls, and operational expenses for businesses operating private fleets, OTR carriers, or single-vehicle operations. The platform offers real-time expense tracking and controls to replace multiple statements and reimbursement cycles.
FintechLogistics & Supply ChainSaaSSan Francisco, US
Vignan Velivela(Founder and CEO)in
Dispatch Goods operates a reverse logistics platform that enables businesses to implement reusable container systems and circularity in their operations. The company serves restaurants and other businesses seeking to reduce waste from single-use products.
Circular EconomyClimate TechE-commerceFoodTechLogistics & Supply ChainSan Francisco, US
Lindsey Hoell(Founder & CEO)
FalconX is a digital assets prime brokerage providing institutional clients with 24/7 access to liquidity and capital solutions through proprietary technology designed for risk management in volatile markets. The company operates as financial infrastructure serving top global financial institutions with trading, options, and related services.
Crypto & Web3Fintech<UNKNOWN>
Flockjay is a generative AI-powered sales enablement platform that unifies content management, learning, and coaching for sales teams. The platform serves sales leaders, revenue operations, and sales enablement teams to improve deal velocity, win rates, and team training efficiency.
AI & Machine LearningEnterprise SoftwareSaaSSales TechSan Francisco, US
Shaan Hathiramani(Founder & CEO)inBryant Lau(Head of Go-to-Market)Sandip Agrawal(Head of Product & Engineering)
Hill House Home designs and sells apparel and home products with a focus on timeless, comfortable styles. The company serves customers seeking quality, accessible home and clothing items that blend aesthetic design with everyday functionality.
ConsumerDirect to ConsumerE-commerceNew York City, US
Nell Diamond(Founder and CEO)
KoBold Metals applies AI and scientific computing to mineral exploration for critical minerals including copper, cobalt, lithium, and nickel needed for electrification and the clean energy economy. The company combines advanced technology with expert human intelligence to accelerate discovery and reduce the cost per discovery in mineral exploration.
AI & Machine LearningCleantechDeep TechHardwareNew Materials<UNKNOWN>, ZM
Kurt HouseJosh GoldmanJeff Jurinak
Levels is a metabolic health platform that combines continuous glucose monitoring with nutritional tracking and personalized guidance to help users understand how diet and lifestyle choices affect their metabolism and overall health.
Digital HealthHealthtechWellness & Fitness
Lighter is a zero-knowledge rollup built on Ethereum that enables high-speed, low-cost onchain trading through cryptographic proofs of order matching and liquidations. It serves traders seeking exchange-level performance with blockchain transparency and self-custody.
Crypto & Web3Fintech
Vladimir Novakovski(Founder & CEO)
Live Tinted makes clean skincare and sun protection products with intentional shade ranges formulated for all skin tones. The company focuses on complexion protection and skincare treatments including sunscreen, serums, and other cosmetic products.
ConsumerWellness & Fitness
Deepica Mutyala
Groq designs and manufactures the LPU (Language Processing Unit), a chip purpose-built for AI inference, and operates GroqCloud, a platform for running inference workloads with low latency and cost efficiency across global data centers.
AI & Machine LearningCloud ComputingSemiconductors
LUUM provides AI-powered lash extension services using robotic technology to apply lashes consistently and safely, staffed by lash artists. The service targets consumers seeking fast, comfortable beauty treatments.
ConsumerHealthtech
Mill makes an electric food waste recycler for homes that reduces food scraps by 80% and converts them into nutrient-rich grounds for gardens or farms. The device targets consumers and food service businesses seeking to reduce waste and environmental impact.
Climate TechConsumerHardware
Modern Treasury provides a payments infrastructure platform that enables businesses to move and track money across fiat and stablecoin rails through a single API. The company serves enterprises and financial service providers looking to streamline payment operations across multiple currencies, regions, and payment systems.
Crypto & Web3Enterprise SoftwareFintechSaaSSan Francisco, US
Matt Marcus(Co-Founder & CEO)inDimitri Dadiomov(Cofounder & CEO)inSam Aarons(Co-Founder & CTO)in
One More Game is a game development studio that creates online games for players. The company emphasizes rapid iteration and player feedback during development.
Gaming
PlanetFwd is a sustainability measurement platform that helps companies measure carbon footprints, automate life cycle assessments, and report emissions data for regulatory compliance and ESG goals. It serves manufacturers and consumer goods companies managing Scope 1, 2, and 3 emissions across their operations and supply chains.
Climate TechEnterprise SoftwareSaaS
Julia Collins(Founder & CEO)in
Velaura develops high-performance, energy-efficient computing solutions optimized for AI and advanced computing applications. The company was founded by engineers and executives with experience from major technology firms in semiconductors, networking, and computing infrastructure.
AI & Machine LearningCloud ComputingDeep TechHardwareSemiconductors
YUMI makes science-backed nutrition meals and snacks for babies and toddlers using organic ingredients, with educational content tied to developmental milestones. The company targets parents seeking healthy food options designed to support early childhood brain and metabolic development.
Direct to ConsumerFoodTechHealthtech
Angela Sutherland(Co-Founder, CEO)Evelyn
Frequently asked questions
- What stage does Cleo Capital invest at?
- Cleo Capital invests at the Pre-Seed, Seed stages.
- What is Cleo Capital's typical check size?
- Cleo Capital typically writes checks of $100K β $1M.
- What sectors does Cleo Capital focus on?
- Cleo Capital focuses on Sector Agnostic.
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