Cameo Is Said in Talks to Raise Funds at About $1 Billion Value

Cameo, an app connecting customers to celebrities paid to record personalized messages, is in discussions to raise funds at a valuation of about $1 billion, according to people familiar with the matter.

Cameo is seeking about $100 million in the funding round, the people said, asking not to be identified because the matter was private. The size of the round and valuation could still change, the people said.

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Source: Cameo

The round would be the first to make a so-called unicorn of Cameo, the business name of Baron App Inc. The Chicago-based company was last valued at $300 million in ...