# Celo

**Source:** https://www.startuphub.ai/startups/celo
**Profile type:** Startup

> Mobile-first blockchain platform.

## About

Celo is an Ethereum Layer-2 and mobile-first blockchain network designed for fast, low-cost payments worldwide. It aims to make financial tools accessible to anyone with a smartphone, focusing on global inclusion and real-world usability, particularly in emerging markets. The platform supports stablecoins, decentralized applications (dApps), and has a commitment to environmental sustainability.

## Key facts

- **Slug:** celo
- **Website:** https://celo.org/
- **Location:** San Francisco, United States
- **Founded:** 2017-01-01
- **Operating status:** Active
- **Total funding:** $63M
- **Sectors / tags:** Blockchain, Fintech, Payments, Cryptocurrency, DeFi, Mobile-First, Financial Inclusion, Ethereum Layer 2, Stablecoins, Regenerative Finance
- **Social:**
  - Twitter: https://x.com/Celo
  - GitHub: https://github.com/celo-org

## Frequently asked

### What does Celo do?

Celo is an Ethereum Layer-2 and mobile-first blockchain network designed for fast, low-cost payments worldwide. It aims to make financial tools accessible to anyone with a smartphone, focusing on global inclusion and real-world usability, particularly in emerging markets. The platform supports stablecoins, decentralized applications (dApps), and has a commitment to environmental sustainability.

### What is Celo's valuation?

StartupHub estimates Celo's effective valuation at $246.8M (range $157.5M to $378.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Celo raised?

Celo has raised a total of $63M in funding. The most recent round on record is Public Sale.

### Where is Celo headquartered?

Celo is headquartered in San Francisco, United States.

### When was Celo founded?

Celo was founded in 2017.

### What industry does Celo operate in?

Celo operates in Blockchain, Fintech, Payments, Cryptocurrency, DeFi, Mobile-First.

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