Public company, workplace, funding, and market signals
Celo is a mobile-first Ethereum Layer 2 and open-source blockchain ecosystem focused on fast, low-cost stablecoin payments, DeFi, and real-world finance. It is stewarded by the Celo Foundation and core contributors (cLabs / Celo Core Co.) with an emphasis on financial inclusion and a regenerative onchain economy.
Primary product
Ethereum Layer 2 payment rail for stablecoin transfers and DeFi
Founded
2018
Headquarters
San Francisco, California, United States
Team size
40-50
Work style
Flexible
Industry
Blockchain infrastructure
Sub-industry
Ethereum Layer 2 stablecoin payments
Offices
Business model
Stage
venture-backed and token-backed
Total raised
$66.5M
Latest round
additional institutional backing · Feb 2021
Latest amount
$20M
Additional institutional backing
Feb 2021 · Andreessen Horowitz
Apr 2019 · Andreessen Horowitz and Polychain Capital
Leadership
CEO, Celo Core Co. / cLabs
President, Celo Foundation; Co-founder
Chief Operating Officer, Celo Foundation
Sep Kamvar
Co-founder
Mission-driven, builder-oriented, and values-led; public materials emphasize innovation, collaboration, integrity, engineering excellence, mentorship, support, and a results-first mindset.
Work style
Flexible
Compensation
No public salary bands or compensation package details were found on the official careers or company pages.
Pricing
Public onchain protocol with transaction fees; no public SaaS pricing disclosed.
Differentiators
Technology
Estimated revenue
USD 10M-50M
Estimated monthly visits
95.1K
Traffic estimate as of Jul 2026
Celo Foundation and cLabs announced they were aligning into one unified core contributor organization (Celo Core Co.); the announcement said some colleagues who contributed to the work would be seeking new opportunities, indicating an organizational restructuring.
SourceLinkedIn · Jan 2026
Celo Foundation and cLabs announced they were aligning into one unified core contributor organization, streamlining planning and execution while noting that some colleagues would seek new opportunities.
Celo Blog · Oct 2025
Celo announced Nightfall, an EY-built zero-knowledge privacy layer, as a Layer 3 on the network for private enterprise-grade payments and B2B use cases.
Celo Blog · Aug 2025
Elizabeth Peng was promoted to COO to lead Vision 2030 and day-to-day operations for the Foundation.
Celo Forum · Jul 2025
cLabs requested funding for six months of core protocol development, including infrastructure upgrades, data availability, and fault-proof security work.
8 jobs at Celo
Jun 2018 · Andreessen Horowitz
Customers
Competitors
Celo Newsletter · Apr 2025
Celo’s founders announced the migration from an EVM-compatible L1 to an Ethereum Layer 2 using OP Stack and EigenDA, marking a major architectural milestone.