Fundraising Fox

Vula

Entrepreneur First '23

London, GB · Founded 2023 · 2 known investors

vula.vc

Vula offers software that automates parts of small-business lending in African markets, including extracting figures from financial documents, scoring risk, and forwarding applications to lenders. Its customers are banks and fintech companies handling SME loan applications.

Also known as Vula.vc

Fintech

Founders & leadership

Vula was founded in 2023 by Nic Rawhani and Alex Goff.

NRNic Rawhani
Nic RawhaniinCEONic Rawhani is a South African former McKinsey team lead whose consulting work concentrated on finance and development across Africa. His track record includes supporting 60 Nigerian SMEs in securing a combined $1.2 billion in funding.
AGAlex Goff
Alex GoffinCTOAlex Goff is a full stack engineer and two-time founder who has delivered AI systems for the UK's biggest banks. He previously headed data science teams at Dunnhumby, working with some of the world's largest datasets on behalf of retailers including Tesco, Walmart and Shoprite.

Investors · 2

Company profile

researched Aug 2026

Vula (vula.vc) is a London-based technology startup founded in 2023 that builds software to help small and medium-sized enterprises and startups in Africa obtain funding. Public directory material describes the product as a digital fundraising assistant for African startups and SMEs, consisting of software tools that automate and structure investor communications and improve the quality and transparency of reporting. The company frames its motivation around the small share of global venture capital reaching African entrepreneurs, citing a figure of 0.8% in the year preceding the directory listing.

A design agency case study describes Vula's stated aim as creating digital infrastructure to close a roughly $400 billion SME funding gap across Africa and to bring significantly more investment to the continent by giving founders, funders and financiers simple digital tools to connect. The same case study indicates the platform includes a landing experience, an onboarding flow and a "funding inbox," and that its user base spans SMEs seeking grants or loans, startups, funding agencies, accelerators and investors with varying levels of financial readiness.

The available public sources are limited to a startup directory entry and an agency portfolio page; neither reports revenue, customer counts, funding rounds or headcount.

Business model

Vula supplies software tools to organisations and businesses on the funding-seeking and funding-providing sides of the African SME market; the public sources do not describe pricing or contract structure.

Traction

No revenue, user or customer figures appear in the public sources. The EU-Startups directory records no announced funding as of its listing.

Latest developments

A design agency portfolio page dated 2025 documents a completed UX/UI audit, competitor analysis, SEO work and website rebrand for Vula, including redesigns of the landing, onboarding and funding inbox pages.

Full profile — market position, technology, go-to-market, geography, risks & controversies

Market position

Positioned as an early-stage company addressing capital access for African SMEs and startups; the EU-Startups directory records no announced funding, and no market-share or comparative data appear in the sources.

Technology

Publicly described as a set of software tools that automate and structure investor communications and reporting, delivered through a web platform with landing, onboarding and funding inbox interfaces. No technical detail on the underlying systems is given in the sources.

Go-to-market

Sources identify African SMEs and startups seeking grants or loans, plus funding agencies, accelerators and investors. Users are characterised as time-constrained and digitally literate with varying levels of financial readiness.

Geography

Headquartered in London, United Kingdom, with a product focus on markets across Africa.

Risks & controversies

No controversies, disputes or regulatory issues are reported in the available sources. Public information is sparse, with no disclosed funding, financials or customer references.

Compiled by commissioned research from 3 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Share of global VC funding to African entrepreneurs cited by companyJan 2023$0.8
Stated SME funding gap addressed in AfricaJan 2025$400B
Total disclosed fundingJan 2025No funding announced yet

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 1

launches, deals, and filings
Jan 2025
Website UX/UI audit and rebrand delivered by design agency Grohwie

Design agency Grohwie, in collaboration with Precious John, delivered a UX/UI audit of Vula's existing website, competitor analysis, SEO work, and a new hi-fi website with key pages rebranded. The process included user interviews and testing with Hotjar, UserBrain and Mixpanel, and Figma wireframes and high-fidelity redesigns of landing, onboarding and funding inbox screens.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 3

primary sources listed

3 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Vula do?
London-based startup building digital tools to help African SMEs and startups access funding from lenders and investors.
Who founded Vula?
Vula was founded by Nic Rawhani, Alex Goff in 2023.
Who are Vula's investors?
Vula's investors include E Squared Investments, Entrepreneur First.
Where is Vula headquartered?
Vula is headquartered in London, GB.