New Investments
Kenyan end-to-end fundraising startup, Raise, has secured undisclosed funding from San Francisco-based firm, Carta
Kenyan African ecosystem’s end-to-end fundraising startup, Raise, has secured undisclosed funding from San Francisco-based firm, Carta.
Founded in 2018, Raise is on a mission to help African startups to manage equity, seed rounds, legal compliance, and close deals faster. Raise’s platform is designed to simplify cap table management for startups and companies operating within the African ecosystem by providing a comprehensive solution for managing shareholding structures before and after fundraising.
This allows businesses to focus on growth and building a successful future. Carta’s investment in Raise underscores the immense potential of the African fundraising ecosystem. The capital injection will fuel Raise’s technological advancements, enhancing the platform’s capabilities and enabling it to serve its users better. By combining their expertise and resources, Raise and Carta aim to unlock new opportunities, foster sustainable growth, and amplify the impact of social initiatives across the region.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
You may also like...
Nigerian health-tech startup Clafiya raises $610,000 to reimagine healthcare service delivery in Africa
The funding round attracted participation from Norrsken Accelerator, Acquired Wisdom Fund (AWF), Hustle Fund, Voltron Capital, Microtraction, Ajim Capital, HoaQ, Bold Angel Fund, Shivdasani Family and other angel investors.
Mastercard Foundation Pledges $360 Million for African Girls’ Education
The Mastercard Foundation has announced a significant expansion of its partnerships with the Campaign for Female Education (CAMFED) and the Forum for African Women Educationalists (FAWE) to support young women and girls in Africa.
African Pre-Seed Investor Madica Announces Funding for Three Startups
Madica, an African-focused investment program targeting early-stage startups, revealed its inaugural investments in three promising companies: Kola Market (Ghana), GoBEBA (Kenya), and NewForm Foods (South Africa).