Celo’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Celo is a developer and provider of blockchain-based payment processing solutions for merchants and enterprises. Read more

Rene Reinsberg's photo - Co-Founder of Celo

Co-Founder

Rene Reinsberg

CEO Approval Rating

90/100

Founded:

2017

Status:

Est. Annual Revenue
Est. Employees

TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Coinify is perceived as one of Celo's biggest rivals. Coinify's headquarters is in Copenhagen, Zealand, and was founded in 2014. Coinify operates in the Application Software industry. Coinify generates 140% of Celo's revenue.

BitPay has been one of Celo's top competitors. BitPay is a Private company that was founded in 2011 in Alpharetta, Georgia. BitPay operates in the Application Software industry. Compared to Celo, BitPay has 90 more employees.

Ripple is Celo's #3 rival. Ripple was founded in San Francisco, California} in 2012. Ripple is in the Internet Software industry. Compared to Celo, Ripple generates $103.2M more revenue.

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Growth Score - 1/1

Is $5M a good estimate for Celo's revenue?

Acquisitions

No recent acquisitions found related to Celo

Celo Funding History

$30M

Since Celo was founded in 2017, it has participated in 1 round of funding. In total Celo has raised $30.0M. Celo's funding round was on Apr 2019 for a total of $30.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Apr 2019
$30M

Andreessen Horowitz

Total Funding: $30M

Since Celo was founded in 2017, it has participated in 1 round of funding. In total Celo has raised $30.0M. Celo's funding round was on Apr 2019 for a total of $30.0M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Yellow Card Financial is a digital currency exchange platform that allows users to buy and sell bitcoins.
$1.5M
Aug 26, 2020
Seed
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Celo News

June 8, 2020Cointelegraph

Celo Will Be 'PayPal on Speed' With Its Own Currencies, Says Blockdaemon CEO

The CEO of Celo alliance member Blockdaemon believes that the Celo ecosystem will soon comprise "PayP... See more »
May 19, 2020CoinJournal

Celo Mainnet Goes Live Following $10 Million Dutch Auction

Decentralised blockchain platform, Celo Gold, has launched its mainnet, meaning investors can now tra... See more »
May 19, 2020WorldNews Office

Celo Foundation Launches Mainnet After Raising $40 Million

The Celo Mainnet is now live, enabling users to transfer Celo Gold tokens they received in the founda... See more »
May 16, 2020Cointelegraph

Celo Founder on Raising $10m and Redefining Money

Celo founder Rene Reinsberg discusses entering the early phases of mainnet and The Celo Foundation's ... See more »
May 14, 2020The Block

Celo raises $10 million in a token sale on CoinList in less than a day

Ten million dollars worth of Celo Gold (cGLD) tokens were sold on CoinList, the token listing platfor... See more »
May 13, 2020CoinDesk

Investors on CoinList Pour $10M Into Celo Token Sale in Roughly 12 Hours

Silicon Valley blockchain startup cLabs just raised $10 million for the Celo project through a token ... See more »

Headquarters

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San Francisco, California94101

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Summary

ABOUT

Overview

Celo is a developer and provider of blockchain-based payment processing solutions for merchants and enterprises. Celo was founded in 2017. Celo's headquarters is located in San Francisco, California, USA 94101. It has raised 30.0M in 1 round. The late...

CEO

Celo's Co-Founder, Rene Reinsberg, currently has an approval rating of 90%. Celo's primary competitors are Coinify, BitPay & Ripple.

Website

celo.org

Frequently Asked Questions about Celo

  1. When was Celo founded?

    Celo was founded in 2017
  2. Who is Celo's CEO?

    Celo's CEO is Rene Reinsberg
  3. How much revenue does Celo generate?

    Celo generates $5M in revenue
  4. How much funding does Celo have?

    Celo has historically raised $30M in funding
  5. Where is Celo's headquarters?

    Celo's headquarters is in San Francisco California, USA
  1. How many employees does Celo have?

    Celo has 10 employees
  2. What sector does Celo operate in?

    Celo is in IT Services, Fintech, Blockchain
  3. Who are Celo's competitors?

    Celo's top competitors are Coinify, BitPay, Ripple
  4. Who has Celo invested in?

    Celo's has invested in companies such as Yellow Card Financial