// Raba
🌊

// Raba

Raba is not a traditional β€œventure fund”. We are long-term business partners to founders. We operate as an investment partnership β€” defined as a group of people that focus their time, network, and capital to help founders build companies that generate outsized returns and solve real-world problems. We have been early partners to the founders of many category-defining African software and internet companies. This site is designed to help founders learn about who we are and what we do @Raba.

We build long-term partnerships with long-term people.

πŸ“–Β The Raba Review - sharing our latest thinking

😎
Growth at a reasonable cost | December 2023
β›΅
The African Flow: A Rising Tide that Lifts All Boats | September 2023
πŸ₯ˆ
Building BIG companies in non-obvious markets, part II | April 2023
πŸ’Š
Near term pain, long-term gain | November 2022
πŸ’―
100X revenue! | July 2022
⚑
Raba + Stitch Summit | April 2022
πŸŒ€
African Venture Capital & the GREAT compounding | December 2021
🐿️
Building BIG companies in non-obvious markets | October 2021
🌿
Why Africa Now and why we πŸ‘€ to Latam | July 2021
πŸ’₯
The next 10 years... | April 2021
πŸ¦„
A seminal moment for Flutterwave! | March 2021
🧢
Why we backed Stitch! | February 2021

Read more

✏️
A compendium of our thoughts

πŸ—οΈ 42 founders and teams we are building with

CompanyFirst partnered @Co-partnersFocusSector
Cloudline
Incubation
Schmidt Futures | VKAV
Software-powered autonomous airships and last-mile logistics
Climate
Moment
Incubation
General Catalyst | Multichoice | Rapyd
Payments and financial services
Fintech
Axis Pay
Pre-seed
firstminute | Sawari | Tiger Global
B2B2C fintech and payments company
Fintech
COVA
Pre-seed
Angels
Consolidated tracker for financial and digital assets
Fintech
Cleva Banking
Pre-seed
1984 | YCombinator
USD banking for African and global freelancers
Fintech
Flutterwave
Pre-seed
Avenir | PayPal | Tiger Global
Payments API infrastructure across Africa
Fintech
Fuse
Pre-seed
Shooroq | Sequoia Scout Fund
Payments and banking infrastructure for MENA
Fintech
Octo
Pre-seed
Raba as Founding partner
Consumer wallet and companion card
Fintech
OnePipe
Pre-seed
Tribe Capital
Banking as a service for African fintechs
Fintech
Ramani
Pre-seed
Village Global | YCombinator
Software and payments for distributors and merchants
Fintech
Shara
Pre-seed
Canaan | Index Ventures
Social payments and finance for African markets
Fintech
Revivo
Pre-seed
Musha | Village Global
Electronics parts, repair, and insurance marketplace
Fintech
Stitch
Pre-seed
firstminute | PayPal | Ribbit Capital
API infrastructure for African fintechs
Fintech
Thndr
Pre-seed
Prosus (Naspers) | Tiger Global
Digital investment platform focused on Egypt and beyond
Fintech
Trustcrow
Pre-seed
Angels
Real estate escrow and payments platform
Fintech
KERA
Seed
IFC | TO.VC
AI focused on Africa
AI
BVNK*
Seed
Avenir | Concentric | Tiger Global
Digital asset payments and banking
Fintech
Capi
Seed
firstminute | YCombinator
Francophone cross border money movement platform
Fintech
Cashi
Seed
Fawry
Merchant payments and software
Fintech
FloatPays
Seed
YCombinator
Fintech software focused on earned wage access
Fintech
Kwara
Seed
Norrsken | Softbank Emerge
Credit union focused challenger bank
Fintech
Nile.ag
Seed
Naspers Foundry | PIP
B2B marketplace and financial infrastructure
Fintech
SwypeX
Seed
Accel | Foundation Ventures
Spend management software and payments company
Fintech
Djamo
Series A
Partech
Digital bank focused on Francophone Africa
Fintech
Yoco
Series B+
Dragoneer | TPG
Merchant payments and software starting in South Africa
Fintech
Kobo360
Seed
Goldman Sachs | IFC
Digital freight forwarder and logistics for Africa
Logistics
Twiga
Seed
Goldman Sachs | IFC
Digital vertically integrated grocery for Africans
Logistics
Lori Systems
Series A
DST | Hillhouse Capital
Trucking logistics marketplace and software for African carriers
Logistics
Mara
Pre-seed
Alameda | Coinbase
Pan-African crypto wallet and infrastructure company
Crypto
Nestcoin
Pre-seed
Alameda | Distributed Global
Crypto and decentralised finance infrastructure
Crypto
Bitnob
Seed
FTX Ventures | Kingsway Capital
Lightning network payments infrastructure
Crypto
Busha
Seed
Cadenza | Jump Capital
Crypto exchange and payments
Crypto
Caliza
Seed
Abstract | QED | Valor
APIs for fintechs to offer crypto payments and wallets
Crypto
Float Capital
Seed
Alameda | Maven 11
DeFi primitives and infrastructure
Crypto
YellowCard
Series A
Coinbase | Square Inc | Valar
Pan-African crypto payments and exchange
Crypto
VALR
Series B
Coinbase | Pantera
Institutional crypto exchange and payments
Crypto
Future Africa
Seed
LocalGlobe
Holding company that builds and invests in African companies
HoldingCo
Pandora
Seed
OneBio
Genomics focused on African populations
Healthcare
54gene
Series A
Adjuvant | KdT | YCombinator
Global medical discovery using African DNA
Healthcare
mPharma
Series A
Breyer Capital | Social Capital
Software and data focused on digitising healthcare in Africa
Healthcare
AMMP
Seed
Point Nine
Software tools for renewable energy companies
Climate
TFK
Seed
a15 | CVentures
Building a fashion first ecommerce company in MENA
Consumer

TBA = To be announced. *angel and Raba. As of 12.31.2023.

πŸ—Ώ Our philosophy

We partner with founders building software and internet-first companies. We get involved early β€” during a time when we can have outsized impact. We have developed a series of investment themes that inform our partnership decisions. Our focus is on companies that facilitate the efficient movement of capital and essential products β€” the rails that enable other businesses to be built.

We believe long-term investment results are driven by a combination of an unconventional thesis, a rigorous investment process, and the ability to invest with a longer-term horizon than traditional market participants. Through our network of limited partners, we've built long-term thinking and company-building experience into our operating system from the start.

We align interests with our partners and are among the largest LPs in Raba's funds.

πŸ’ͺ🏾 Our team

Meet the team

Our broader team, our limited partners

We are proud to call the backers of Raba friends and partners. They come from varied backgrounds and include many of the best global investors and operators. Each is a welcome guest at our home. Partner fit and long-term relationships are at the core of our partnership. Many of our founders we have backed have invested their personal capital directly with us.

We are comfortable stating that we are NOT appropriate for most partners.

πŸ₯› Raba Β© 2024 | contact us: info@rabacap.com