The Parenting Company Cleo Raises $27.5M To Help Working Parents

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Parenting company Cleo announced that it has raised a $27.5 million to help working parents

Spanhake is currently the chief executive officer and Akileswaran no longer has a day-to-day role at Cleo, but has stayed on as an advisor. Today clients including Uber, eBay, Pinterest, Reddit and Slack use Cleo and the company reaches 475,000 families in more than 50 countries, the team says.

“Cleo helps us provide for our new parents in ways we couldn’t before. It’s not enough to simply offer parental leave; every child and family is different and has independent needs.

“Every family is vastly different, but there’s a universal trend that we’re seeing. When it comes to things like family planning, pregnancy or raising a child, almost all people have questions and need help finding answers. With this in mind, we built Cleo so that it works for every kind of family. Whether you’re a father, a same-sex couple, adopting or a single parent, Cleo is there for you,” says Spanhake.

Elana Lyn Gross is a freelance journalist and student at Columbia University Graduate School of Journalism. Find her at

 

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What the hell is a parenting company?

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