# Celo

> Mobile-first blockchain for payments and stablecoins in emerging markets.

## Why it is interesting

Proof-of-stake network targeting smartphone-accessible DeFi — a16z backed from 2018 seed through $61M 2021 round.

## Profile

- **Stage:** other
- **Status:** private
- **Industries:** generalist-tech
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Series D (2021): $61M co-led by a16z and Richmond Global Ventures (BusinessWire)
- Co-investors: Polychain Capital (co-lead 2019 token round), Coinbase Ventures, Electric Capital not in VCT directory
- VCT directory co-investors: none mapped (non-directory syndicates noted above); reviewed 2026-07-24

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/celo