Fundraising Fox

The Raba Partnership

Venture capital

Cape Town · Pre-Seed–Series C · 10 people tracked

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Investment thesis

Raba positions itself as an investment partnership rather than a traditional venture fund, aligning closely with founders as long-term partners. It invests early, when it can have outsized impact, backing software and internet-first companies primarily across Africa, with interest extending to MENA and Latin America. Its themes center on businesses that enable efficient movement of capital and essential products — the underlying rails on which other companies are built. Raba emphasizes an unconventional thesis, a rigorous process, and a longer investment horizon than typical market participants, leveraging a network of limited partners who contribute company-building experience. The partners are among the largest LPs in Raba's own funds.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series C
Check
$50K – $5M
HQ
Cape Town, ZA
Leads rounds
Leads
Instruments
Equity
Founded
2019
Tracked investments
50

Team · 10 people

from the firm's website
Grant Brooke· Scout | Kenya

Scout for Raba in Kenya; founder of Shara and Twiga.

Iyin Aboyeji· Scout | Nigeria

Scout for Raba in Nigeria; founder of Flutterwave, Future Africa, and Andela.

Nina Chen· Investor

Investor at Raba, previously with Bain & Co and Africa Leadership Group.

Omar Hagrass· Scout | Egypt

Scout for Raba in Egypt; founder of Trella.

Seif Amr· Scout | MENA

Scout for Raba in MENA; founder of THNDR.

What they invest in

from 21 of 50 portfolio companies

Fintech ×13SaaS ×8Crypto & Web3 ×3Logistics & Supply Chain ×3B2B Marketplaces ×2Enterprise Software ×2Healthtech ×2Retail Tech ×2

HQs:Nigeria×7Egypt×3South Africa×3United Kingdom×2Côte d’Ivoire×1Kenya×1

Who they back

founder profiles across 13 portfolio companies
46%
solo founders
6 of 13 mapped founding teams
67%
repeat founders
of 15 founders with career history

Founding team size:solo founder×62 founders×43 founders×3

Where their founders studiedfrom 14 founders with education data

University of Cape Town ×2University of Lagos ×2

Where their founders worked beforefrom 15 founders with career history

Jumia Nigeria ×2Renaissance Capital ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×7

Investments · 50 tracked

founders shown can be your intro path

By year:2025 · 22023 · 12022 · 25 dated

Fuse Financial Technologies Inc.Mar 2023SEC filingmedium confidence

London

James Smith(Director)George Davis(Executive Officer, Director)Georges Makhoul(Director)

Board seatGeorge Rzepecki· per SEC Form D · $2M raise · filed Mar 2023

Lori Systemslorisystems.comin𝕏Dec 2022

Lori Systems is a logistics company that uses technology to improve the efficiency and scale of moving goods, with a stated mission of lowering the cost of goods.

B2B MarketplacesLogistics & Supply ChainMobility & TransportationSavannah, US

Sandler Joshua(Executive Officer, Director)Liming Huang(Director)Mengqiu Wang(Director)

Board seatGeorge Rzepecki· per SEC Form D

Co-investorsNewtown PartnersTimon CapitalEchoVC PartnersMusha Ventures

Stitch Money CorpApr 2025SEC filingmedium confidence

Germiston South, Gauteng

Junaid Dadan(Executive Officer, Director)Gbenga Ajayi(Director)Kiaan Pillay(Executive Officer, Director)Robel Chappini(Director)

Board seatGeorge Rzepecki· per SEC Form D · $55M raise · filed Apr 2025

54Gene54gene.comin𝕏Defunct

54Gene conducts genomics research and provides related services to increase the representation of African genetic data in medical research, which aims to advance healthcare solutions globally.

HealthtechWellness & FitnessLagos, NG

Gatumi Aliyu(Founder)inAbasi Ene-Obong(Founder)inOgochukwu Francis Osifo(Founder)in

Co-investorsAdjuvant CapitalEndeavor CatalystFifty YearsV8 Capital PartnersY Combinator

AMMPammp.ioin

AMMP offers a platform for commercial and industrial (C&I) solar operators that combines technical monitoring, commercial tracking, and stakeholder reporting for distributed solar and battery portfolios.

CleantechEnergySaaSAmsterdam, NL

Svet Bajlekov(Founder)StineHendrik

Co-investorsPoint Nine

Axis Pay

B2B2C fintech and payments company

Bitnobbitnob.comin𝕏

Bitnob provides cross-border payment and money management tools that let individuals and businesses send, save, and manage money internationally, with a focus on financial inclusion across Africa and beyond.

Crypto & Web3Fintech

Co-investorsBrad MillsHivemind Ventures, LlcIngressive CapitalLoftyInc CapitalFlourish VenturesVentures Platform

Bushabusha.co𝕏

Busha is an SEC-licensed digital asset exchange app where users can buy, sell, and convert Bitcoin, Ethereum, USDT and 70+ cryptocurrencies at local rates, plus earn yield, borrow against holdings, and spend via USD accounts and debit cards.

ConsumerCrypto & Web3FintechLagos, NG

Michael Adeyeri(Founder)inMoyo Sodipo(Founder)in

Co-investorsDigital Currency GroupKube VCYolo InvestmentsJump CapitalMusha Ventures

BVNKbvnk.comin𝕏Acquired

BVNK provides payments infrastructure and cross-border payment technology for fintechs and businesses.

Crypto & Web3Fintech

Chris Harmse(Founder)in

Co-investorsAvenir Growth CapitalCoinbase VenturesHaun VenturesNordstarSaison CapitalScribble Ventures+1 more

Caliza

APIs for fintechs to offer crypto payments and wallets

Capi

Francophone cross border money movement platform

Capi Moneycapimoney.cominFeb 2025

Capi Money provides cross-border payment services for importers in emerging markets, enabling them to pay suppliers in multiple currencies with settlement within 24 hours.

FintechLondon, GB

Mitch Riley(Co-founder / CEO)inScott Liddle(Founder)inMitchell James Riley(Executive Officer, Director)Thomas Watson(Director)

Co-investorsfirstminute capitalKima VenturesMusha VenturesRebel FundSouth QuadY Combinator+1 more

Cashi

Merchant payments and software

Clevagetcleva.comin𝕏

Cleva provides USD accounts and virtual USD cards for receiving international payments, with features including ACH/wire transfers, currency conversion, rewards programs, and point redemptions.

FintechLagos, NG

Tolu Alabi(Founder/CEO)inPhilip Abel(Founder/CTO)inPhilip Adama Abel(Founder)

Co-investorsFirstCheck AfricaNewfund CapitalWayfinder VenturesY CombinatorRainfall Ventures

Cloudlineflycloudline.comin

Cloudline develops autonomous airships powered by solar and battery technology for carbon-free aerial operations.

Climate TechDeep TechRobotics

Co-investors4Di CapitalEnza CapitalPerivoli InnovationsTimon CapitalVKAV (Verod-Kepple Africa Ventures)

COVA

Consolidated tracker for financial and digital assets

Custos

Operating system for trust and entity management

Djamodjamo.comin𝕏

Djamo is a mobile fintech app offering banking services including current accounts, savings accounts, investment funds, short-term credit, and VISA cards for users in the UEMOA zone.

FintechAbidjan, CI

Hassan Bourgi(Founder)in

Co-investorsDigital Currency GroupEnza CapitalVKAV (Verod-Kepple Africa Ventures)Y CombinatorFinance in MotionJANNGO Capital+1 more

Float Capital

DeFi primitives and infrastructure

Floatpays Incfloatpays.comin𝕏

FloatPays is a financial services provider offering credit and payments solutions, regulated in South Africa as a financial intermediary and payments provider.

FintechHR TechSaaSCape Town, ZA

Simon Ward(Founder)in

Co-investors4DX VenturesFINCA VenturesFounders Factory AfricaY Combinator

Flutterwave

Payments API infrastructure across Africa

Future Africafuture.africain𝕏

Future Africa is a venture capital investor and operator that provides capital, coaching, and a community of advisors to technology entrepreneurs across Africa.

Sector Agnostic

Karsa

Digital wallet and card powered by stablecoins

KERA
Kobo360kobo360.comin𝕏Defunct

Kobo360 operates a platform connecting manufacturers and cargo owners with truck operators for freight movement across Africa, using data analytics and AI to optimize routing, reduce delivery inefficiencies, and provide supply chain visibility.

Enterprise SoftwareLogistics & Supply ChainLagos, NG

Ife Oyedele II(Founder)inObi Ozor(Founder)inOzor Obiora Mathias(Executive Officer, Director)

BoardOlawale Ayeni(Director)Omobola Johnson(Director)inNdubuisi Ekekwe(Director)

Co-investorsTLcom CapitalV8 Capital PartnersY CombinatorMusha Ventures

Kwarakwara.comin𝕏

Kwara provides modern banking software for credit unions (SACCOs), enabling staff to manage operations and members to save, borrow, and earn returns.

Cloud ComputingFintechImpact & Social GoodSaaSNairobi, KE

Cynthia(Founder & Chairperson of the Board)inEmilie(COO & CPO)in

Co-investorsE4E AfricaFINCA VenturesHoaQSoftBank Investment Advisers’ Emerge Program

Letly

Vertical software and payments focused on real estate

Lorum

Payments and banking infrastructure for MENA

Mara

Pan-African crypto wallet and infrastructure company

Moment

Payments and financial services platform

Mpharmampharma.com

mPharma operates a network of pharmacies across Africa that uses technology to negotiate lower drug prices with manufacturers and manage prescription information and payments.

B2B MarketplacesDigital HealthHealthtechLogistics & Supply Chain

Co-investors4DX VenturesBreyer CapitalOTVPeregrine VenturesTimon CapitalJam Fund+2 more

Nestcoin

Crypto and decentralised finance infrastructure

Octo

Consumer wallet and companion card

OnePipeonepipe.ioin𝕏

OnePipe provides an API gateway that aggregates banking and fintech services into a single standardized integration point for fintechs and banks seeking to expand partnerships and reduce integration overhead.

FintechSaaSLagos, NG

Ope Adeoye(Founder & CEO)in

Co-investorsAtlantica VenturesCapria VenturesFuture Perfect VenturesIngressive CapitalLoftyInc CapitalTechstars+4 more

Oparetaopareta.comin𝕏

Opareta provides software to automate commercial operations across agent networks, offering tools for float and cash liquidity management, real-time performance analytics, digital KYC, and fraud monitoring.

AI & Machine LearningFintechSaaS

Co-investorsFirst CircleMusha VenturesThe Fintech Fund

Pandora

Genomics focused on African populations

Ramaniramani.ioJul 2022

Ramani provides a mobile application that enables salespeople in African supply chains to manage inventory, log customer information, and document sales activities.

Enterprise SoftwareSaaSDar es Salaam, TZ

Iain Usiri(Founder)inCalvin Usiri(Founder)inWilliam Kibet Martin(Director)

BoardAndrew Vigneault(Director)

Co-investors3cubed VenturesY CombinatorMusha Ventures

Revivo

Electronics parts, repair, and insurance marketplace

Shara

Social payments and finance for African markets

Stitchstitch.moneyin𝕏

Stitch provides payment infrastructure enabling businesses to accept, send and manage online and in-person payments while offering consumers in South Africa financial management tools.

FintechSaaSSouth Africa, ZA

Mohamed Oueida(Founder & CEO)Kiaan Pillay(Founder)in

Co-investors500 GlobalCRE Venture CapitalDigital Currency GroupGlynn Capital ManagementHigh AlphaNorrsken22+6 more

SwypeXswypex.com

Cairo, EG

Tarek Mokhtar(Founder)Ahmad Mokhtar(Founder)inSasan Hezarkhani(Founder)in

Co-investorsAccelFoundation VenturesTLcom Capital

TFKtfk.me

TFK is an online fashion and lifestyle retailer offering clothing, footwear, accessories, health and beauty, and home products for women, men, and kids from various brands.

E-commerceMarketplacesRetail Tech

Co-investorsA15Acasia VenturesCairo Angels Syndicate FundFoundation Ventures

Thndrthndr.appin𝕏

Thndr is a mobile investment platform that allows users to invest in Egyptian and international stocks, mutual funds, and gold.

FintechCairo, EG

Ahmad Hammouda(Founder)inSeif Amr(Cofounder)in

Co-investors4DX VenturesA'Z AngelsLoftyInc CapitalMSA NovoOlive Tree CapitalPlus VC+2 more

Trustcrow

Real estate escrow and payments platform

Twiga Foodstwigafoods.com

Co-investorsBlue Haven InitiativeTLcom CapitalMusha Ventures

VALR

Institutional crypto exchange and payments

Velox

B2B stablecoin infra focused on Africa

YellowCard

Global stablecoin infrastructure provider.

Chris Maurice(Cofounder)Justin Poiroux(Cofounder)

Co-investorsFabric VenturesSony Ventures Corporation

Yocoyoco.comin𝕏

Yoco provides point-of-sale systems, card payments, loyalty and related business tools through a single account for independent businesses across food & beverage, retail, health & beauty, and services.

FintechRetail TechSaaS

Co-investors4DX VenturesCRE Venture CapitalMusha VenturesQuona CapitalVelocity Fintech VenturesVelocity Capital Advisors

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has The Raba Partnership made?
The Raba Partnership has 47 tracked investments.
What stage does The Raba Partnership invest at?
The Raba Partnership invests at the Pre-Seed, Seed, Series A, Series B, Series C stages.
What is The Raba Partnership's typical check size?
The Raba Partnership typically writes checks of $50K – $5M.
What sectors does The Raba Partnership focus on?
The Raba Partnership focuses on AI & Machine Learning, Climate Tech, Consumer, Crypto & Web3, E-commerce, Fintech, Healthtech, Logistics & Supply Chain.
Where is The Raba Partnership located?
The Raba Partnership is headquartered in Cape Town, ZA.
Does The Raba Partnership lead rounds?
Yes, The Raba Partnership leads investment rounds.
Who does The Raba Partnership co-invest with?
The Raba Partnership most often shares deals with Y Combinator, 4DX Ventures, Digital Currency Group, among 83 tracked co-investors.

Images

The Raba Partnership photo

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