# Celo

> Celo is a VC fund backing Financial Services and Cryptocurrency. See 11 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 11
- Last investment: Jun 2024
- Lead investor: 9%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/celohq/
- X (Twitter): https://twitter.com/CeloHQ
- Website: https://celo.org/
- Facebook: https://www.facebook.com/pg/celohq/

Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. Its mission is to build a monetary system that creates the conditions of prosperity for all.The Celo ecosystem includes a decentralized, proof-of-stake blockchain technology stack (Celo Platform), a native asset (CELO), a stablecoin (cUSD) and the CeloAlliance for Prosperity, with over 100 organizations around the world, including Andreesen Horowitz, Anchorage, Coinbase, GSMA, Mercy Corps, Grameen Foundation, Prosegur, Abra, and cLabs, a service organization dedicated to growing and developing the Celo ecosystem.

## Contacts

5 contacts available for Celo. Shizune tracks 10 team members at Celo. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/celo-3846?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Pre-Seed | $100k–$150k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 6 | 55% |
| Cryptocurrency | 5 | 45% |
| FinTech | 4 | 36% |
| Finance | 4 | 36% |
| Web3 | 3 | 27% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 5 | 45% |
| Pre-Seed | 4 | 36% |
| Seed | 1 | 9% |
| Initial Coin Offering | 1 | 9% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 3 | 27% |
| Portugal | 2 | 18% |
| Japan | 1 | 9% |
| Kenya | 1 | 9% |
| Canada | 1 | 9% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Amit Chu | Investments & Liquidity | 1 | https://shizune.co/investors/profile/amit-chu |
| Asa Oines | Partner, Engineering | 0 | https://shizune.co/investors/profile/asa-oines |
| Marek Olszewski | Co-Founder | 13 | https://shizune.co/investors/profile/marek-olszewski |
| Mohamed Mnif | Ore Ambassador | 0 | https://shizune.co/investors/profile/mohamed-mnif |
| Nam Chu Hoai | Software Engineer | 0 | https://shizune.co/investors/profile/nam-chu-hoai |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Haraka | Haraka connects investors and entrepreneurs using social reputation as collateral for local stablecoin loans. | $100K | Pre-Seed | Jun 20, 2024 |  |
| Silver Koi | Silver Koi creates decentralized exchange for professional traders, focusing on equities perpetuals and diverse real-world asset trading. | $100K | Pre-Seed | May 31, 2024 |  |
| moreliquid | moreliquid is a digital finance platform that offers end-to-end services to asset managers for tokenised securities. | $100K | Pre-Seed | May 31, 2024 |  |
| Hurupay | Hurupay is a Digital Wallet that enables Individuals in Africa to access Stablecoins for Savings, Payment and Cross-Border Money Transfers. |  | Grant | Aug 01, 2023 |  |
| Mintdropz | Mintdropz is a decentralized social media platform for creators built by creators to give them freedom to build, monetize, and grow in web3 in a seamless experience. |  | Grant | Oct 18, 2022 |  |
| FRIENDZONE | Looking for a fun and engaging way to connect with friends, family, and even strangers? Look no further than Friendzone – the app that lets you challenge other users and get rewarded for it! | $150K | Pre-Seed | Jul 01, 2022 |  |
| Flowcarbon | Flowcarbon's versatile team merges investment banking, project finance, tax credit and other financial markets expertise to streamline access to creative capital solutions for the world’s most innovative companies in the infrastructure, decarbonization, and other niche sectors. Flowcarbon is headquartered in New York, United States and wasfounded in 2021. |  | Initial Coin Offering | May 24, 2022 |  |
| impactMarket | ImpactMarket is an application-layer protocol that enables underprivileged people to access financial solutions. It uses Web3 to provide accessible financial solutions such as unconditional basic income, the crypto wallet Libera, and Learn and Earn, helping financially unserved and underserved people all over the world. It runs as a DAO on top ofthe Celo network, with $PACT serving as its governance token and running autonomously via smart contracts. Using blockchain technology to provide inclusive financial services and educational tools to the world's unserved and underserved. | $1.6M | Seed | Jan 26, 2022 |  |
| Chimoney | Chimoney is building infrastructure and an API to make value move between currencies, ledgers, and protocols. They help ambitious businesses and developers unleash the utility of their amazing projects. They handle the payment chain and financial activities. |  | Grant | Jan 10, 2022 |  |
| Techtec | techtec uses the information they have gathered from their own services and years of operational experience, along with their international partners, to provide planning and development support services. Through its partners, it facilitates the marketing of numerous cryptocurrency initiatives. White papers have also been translated into this.Through support, a large number of tokens have been listed on exchanges. |  | Grant | May 11, 2021 |  |

10 of 11 investments shown.

## Co-investors
- [Defactor](https://shizune.co/investors/profile/defactor) — VC Fund, 3 deals together
- [Outlier Ventures](https://shizune.co/investors/profile/outlier-ventures-ltd-llp) — VC Fund, 3 deals together
- [Algorand Foundation](https://shizune.co/investors/profile/algorand-foundation) — VC Fund, 1 deal together
- [Amazon Web Services](https://shizune.co/investors/profile/amazon-web-services) — VC Fund, 1 deal together
- [Angels](https://shizune.co/investors/profile/angels) — VC Fund, 1 deal together
- [BoxGroup](https://shizune.co/investors/profile/boxgroup) — VC Fund, 1 deal together

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## FAQ

### What does Celo invest in?

Celo invests primarily in Financial Services, Cryptocurrency and FinTech startups, most often at Grant and Pre-Seed stage. Most of the 11 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Celo's check size?

Celo typically joins rounds of $100k–$150k at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Celo participates in.

### How do I contact Celo?

Public channels for Celo include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Celo?

The team at Celo includes Amit Chu (Investments & Liquidity), Asa Oines (Partner, Engineering) and Marek Olszewski (Co-Founder), among 10 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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