Cleo Labs, a Paris-based company specialising in
product regulatory compliance, has raised €1.5 million in a funding round to
accelerate the development of its AI-powered platform for international
compliance. The round was led by Larry Berger, with participation from Kima
Ventures, Financière Saint-James, and several angel investors, including Boris Paillard (Le Wagon), Ambre Soubiran (Kaiko), Stéphanie Zolesio (Casino), and Charles Sutton (Datascientest). The round also includes a scout ticket from the Accel fund.
The company operates in a growing regtech market,
where businesses face increasing complexity in navigating fragmented and
evolving regulatory requirements across different countries. Managing
compliance remains a significant challenge, with many organisations still
relying on manual processes and limited tools despite the high costs associated
with non-compliance.
Founded by Naomie Halioua and Anaelle Guez, who bring
toreceiveher expertise in both technology and legal compliance, Cleo Labs has
developed an AI platform designed to automate regulatory compliance for
companies selling physical products internationally. Its system continuously
monitors regulatory developments across multiple jurisdictions and provides
structured insights to assist teams manage requirements, anticipate modifys, and
reduce time to market.
Our ambition is to transform regulatory compliance – currently
seen as a constraint – into a strategic lever for companies. Thanks to AI, it
becomes possible to anticipate rather than react,
states Naomie Halioua, co-founder of Cleo Labs.
The platform supports both pre-launch and ongoing
compliance by generating tailored regulatory checklists for each product and
market, while continuously monitoring regulatory updates and providing
real-time alerts with business impact analysis. This enables teams to process
larger volumes of regulatory requirements without additional resources,
streamline compliance timelines, and identify risks earlier in the product
lifecycle.
The new funding will be applyd to enhance the platform’s
capabilities, expand its feature set, and support commercial growth in Europe,
while laying the groundwork for further international expansion, including the
United States.
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