RaliCap Ventures
Venture capitalSan Francisco · Seed · 13 people tracked
Also known as RaliCap
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Investment thesis
Emerging-markets fintech operator network of 24 globally distributed team members offering on-the-ground expertise in Nigeria, Pakistan, Kenya, Mexico, Germany and Indonesia, focused on interoperable financial infrastructure and APIs.
Team · 13 people
from public directoriesFounder and General Partner of Rally Cap, which he launched in 2020 to back global fintech founders at inception. He previously spent over a decade in emerging-market and cross-border fintech, with senior strategy roles at Facebook's Novi/Diem and at Juvo and Migo, and served as a Venture Partner at Lateral Capital and advisor to IDEO's Last Mile Money initiative.
Josh Gosliner is Vice President of Product Strategy at SAP SuccessFactors, where he directs product vision and strategy for a global HCM platform with approximately $2 billion in annual revenue serving over 11,000 organizations across more than 100 countries. His work focuses on translating technology shifts, particularly in AI, into product strategy and investment priorities, and includes direct engagement with enterprise customers on workforce transformation initiatives. Previously, he worked in high-growth startups including Wandera, which was acquired by Jamf for $400 million, and Juvo, where he led product marketing through its $54 million Series B funding round.
Anais Cisneros is the Founder and CEO of Amela, a networking and learning platform for women entrepreneurs operating across Europe and the Americas. She previously held roles in venture capital and consulting, including positions at Rally Cap VC in San Francisco, EWOR in Berlin, and Samos Investments in London. Cisneros holds an MBA from INSEAD.
Christine Chang is a strategic advisor and ecosystem builder working with venture capital funds, startup founders, and business owners. Her experience spans fintech and healthtech, including roles as venture partner at Rally Cap VC, chief revenue officer at Tribal Credit, and advisor at Digital Currency Group, alongside earlier positions in organizational transformation at American Airlines and UBS. She is currently founder and advisor at Santosha while pursuing a doctorate in acupuncture and Chinese herbal medicine.
Hiram Valdez brings over eight years of leadership experience in finance and operations from roles at Amazon, Uber, and Rappi. He has raised and deployed more than $500 million in debt and equity financing and has built finance and operations teams across multiple organizations. Valdez is an active angel investor with investments in more than 15 startups and currently leads the finance function at Nelo.
Lino Gill is Chief Marketing Officer at the Instituto Livre Mercado, where he leads institutional positioning and strategic communications for a Brazilian public-policy organization. With over 15 years in finance and fintech, he previously held senior roles at Zapay, Creditas, and a55, where he oversaw business development and growth initiatives. Gill also serves as a Venture Partner at Rally Cap VC, investing in fintech and market-infrastructure companies across Latin America, Africa, and Asia.
Samora Kariuki is founder and CEO of Frontier Fintech, a research and advisory firm serving the African digital financial services sector. The firm provides intelligence through weekly analysis and research editions, strategic advisory for fintechs, banks, and investors, and executive search placement for senior leaders across financial services companies. Kariuki also hosts the F-Squared Podcast, featuring interviews with operators in African financial services infrastructure, and is based in Nairobi.
Kar Dhillon is co-founder and CEO of Bytespace Labs, which develops computing infrastructure tools for scientific research. The company's first product, bot0, provides an integrated environment for models, notebooks, data, agents, compute, and artifacts designed for researchers and R&D teams. Dhillon's background spans telecom networks, data centers, software, conservation, operations, and business development, with a focus on understanding how infrastructure and tools support scientific discovery and reproducibility.
Ryan Conway is VP, Head of Financial Institution Business Development and Networks at PingPong Payments, where he leads international expansion across North America, Europe, and Asia. His career spans roles across the global payments ecosystem, including founding executive positions at Oxygen (YC S18), where he helped scale the company to over one million customer accounts, as well as positions at Mastercard and Worldpay during periods of significant industry transformation. His experience covers cross-border infrastructure, payment networks, issuing, merchant acquiring, and settlement technologies.
Founder mafia
2 people who came through RaliCap Ventures went on to found or lead other companies.
What they invest in
from 6 of 7 portfolio companiesClimate Tech ×3AI & Machine Learning ×2Data & Infrastructure ×2Developer Tools ×2Energy ×2Fintech ×2SaaS ×2Cleantech ×1
HQs:Kenya×1Nigeria×1United States×1
Investments · 7 tracked
founders shown can be your intro pathBy year:2023 · 22022 · 12017 · 14 dated
Amini provides a data and AI infrastructure platform that helps countries build and operate their own national-scale data systems, covering data digitization, compute, connectivity, and deployment.
AI & Machine LearningClimate TechData & InfrastructureGovTechImpact & Social GoodNairobi, KE
Kate Kallot(Founder)inKate Kallot-Bucken(Founder)inKate(Founder & CEO)
Co-investorsFemale FoundersSalesforce VenturesSatganaSeraphim SpacePale Blue DotSuperorganism
Eli simplifies access to home energy programs through software that streamlines complex workflows in clean energy and electrification.
AI & Machine LearningClimate TechEnergyFintechSaaS
Jeff Coleman(Founder)inAdrian Del Balso(Founder)inEduardo Del Balso(Founder)in
Co-investorsCity LightLeap Forward VenturesLooking Glass CapitalLowercarbon CapitalR/GA VenturesSpero Ventures+3 more
E-commerceLouisville, US
Christopher Bailey(Executive Officer, Director)Nicole Dunn(Founder)Ruaan Botha(Founder)
Co-investorsTechstarsPartech VenturesQED InvestorsSpeedinvestTwo Culture Capital
Solfium provides solar energy, energy storage, and electric mobility solutions for residential, business, industrial, and corporate customers.
CleantechClimate TechEnergy
Co-investorsAccionKamay VenturesSavia VenturesAlive VenturesBDC Capital CorporationRedwood Ventures
Termii provides infrastructure that uses AI to ensure critical transactions—including authentication, payments, checkouts, and fraud notifications—complete successfully, serving banks, fintech companies, e-commerce platforms, and other digital services globally.
Data & InfrastructureDeveloper ToolsEnterprise SoftwareLagos, NG
Emmanuel Gbolade(Founder)inAyomide Awe(Founder)inGbolade Emmanuel(Founder)Idowu Atinuke(Founder)
Co-investorsFlying Doctors Healthcare Investment CompanyFund I, a series of Africa FinTech Collective, LPFuture AfricaGobi PartnersHoaQKairos Angels+21 more
Thepeer builds payment infrastructure that enables businesses to offer faster, more reliable payment experiences to their customers, allowing transfers, account funding, and payments through a unified platform.
Developer ToolsFintechSaaS
Michael Okoh(Founder)in
Co-investorsTimon CapitalByld VenturesChipper CashMusha VenturesStitch
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Circadian
Portfolio news
latest coverage across their companiesTermii · ycombinator.com · Jun 18, 2025
Frequently asked questions
- How many investments has RaliCap Ventures made?
- RaliCap Ventures has 7 tracked investments.
- What stage does RaliCap Ventures invest at?
- RaliCap Ventures invests at the Seed stage.
- What is RaliCap Ventures's typical check size?
- RaliCap Ventures typically writes checks of $5K – $5M.
- What sectors does RaliCap Ventures focus on?
- RaliCap Ventures focuses on Crypto & Web3, Sector Agnostic.
- Where is RaliCap Ventures located?
- RaliCap Ventures is headquartered in San Francisco, US.
- Does RaliCap Ventures lead rounds?
- RaliCap Ventures typically participates in rounds rather than leading them.
Co-investors · 8
Kamay Ventures is described as Latin America's first multi-corporate venture fund, backed by major CPG corporations and multilateral banks, investing in startups across the CPG value chain and connecting them with corporate partners for pilots and integrations.
Everywhere Ventures is an early-stage venture firm that writes pre-seed checks and is backed by a community of founder and operator LPs.
Oak HC/FT is a venture and growth equity firm that partners with founders in healthcare and fintech across a company's lifecycle.
Octopus Ventures is a founder-focused European venture capital firm that backs mission-driven startups across seven core sectors, investing from idea stage through growth with a focus on pre-seed to Series A.
Deciens is a venture capital firm backing early-stage founders building the next generation of financial services.
The Fintech Fund is an investment firm focused on the fintech sector.
Explorer Equity Group is an investment firm that has made investments globally since 2016, operating through SPVs and closed funds.
Firms observed investing alongside RaliCap Ventures, from public investor directories. Shared companies are the overlap with RaliCap Ventures's recorded portfolio.
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