Cleo

Bangalore
500 Total Employees
Year Founded: 1976

Cleo Company Growth, Stability & Outlook

Updated on August 31, 2026

What People Are Saying About Cleo

  • Customer Loyalty & Retention: Customer base and renewals are repeatedly cited on the site, indicating a large and sticky installed footprint. Feedback suggests thousands of active customers with strong renewal tendencies support stable, recurring revenue.
  • Strong Revenue Growth: Cloud subscription revenue was reported to have grown strongly for multiple consecutive years through 2022, with momentum indicated into 2023. These multi‑year gains point to durable expansion in the core subscription business.
  • Product Line Growth: The February 2025 acquisition of DataTrans Solutions added procurement‑automation and supplier‑enablement capabilities. This broadened platform scope supports larger use cases and potential cross‑sell into the existing base.