Bitmama
OperatingBitmama is a Nigerian crypto trading platform that allows faster, eaiser and cheaper exchange of cryptocurrencies in Africa.
- Blockchain
- Lagos, Nigeria
- Pre-seed
- Founded 2016
- bitmama.io ↗
- Total raised
- $2.5M
- disclosed
- Last round
- $1.7M
- Pre-seed
- Rounds
- 8
- since 2016
- Investors
- 7
- on record
- Employees
- 11-50
Bitmama funding and investors
Bitmama has raised $2.5M across 8 disclosed rounds. The latest is a $1.7M Pre-seed announced 09 Sep 2022, led by Barbara Iyayi.
- Lead investors
- 2
- Largest round
- $1.7M
- Average round
- $306K
- disclosed rounds
- Round cadence
- 6 mo
- average gap
- $5KAngelAngel, $5K, $5K raised to date
- $1KAngelAngel, $1K, $6K raised to date
- $50KGrantGrant, $50K, $56K raised to date
- $100KPre-seedPre-seed, $100K, $156K raised to date
- $150KPre-seedPre-seed, $150K, $306K raised to date
- $95KPre-seedPre-seed, $95K, $401K raised to date
- $350KPre-seedPre-seed, $350K, $751K raised to date
- $1.7MPre-seedPre-seed, $1.7M, $2.5M raised to date
SLA Funding Index · grey is capital raised before each round
Bitmama funding rounds8 · newest first
- Pre-seed$1.7M
09 Sep 2022 · led by Barbara Iyayi
- Pre-seed$350K
05 Oct 2021 · led by Flori Ventures
- Pre-seed$95K
07 Jul 2021
- Pre-seed$150K
07 Jul 2021
- Pre-seed$100K
07 Jul 2021
- Grant$50K
02 Mar 2021
- Angel$1K
31 Mar 2019
- Angel$5K
24 Jan 2019
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 09 Sep 2022 | Pre-seed | Barbara Iyayi · ODBA, Launch Africa, Flori Ventures | $1.7M |
| 05 Oct 2021 | Pre-seed | Flori Ventures · Emergence Capital, Fedha Capital | $350K |
| 07 Jul 2021 | Pre-seed | Investors not disclosed | $95K |
| 07 Jul 2021 | Pre-seed | Emergence Capital | $150K |
| 07 Jul 2021 | Pre-seed | Investors not disclosed | $100K |
| 02 Mar 2021 | Grant | Celo Ecosystem Fund | $50K |
| 31 Mar 2019 | Angel | Investors not disclosed | $1K |
| 24 Jan 2019 | Angel | Investors not disclosed | $5K |
Investors in Bitmama7 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Flori VenturesVenture Capital | Lead in 1 of 2 | Pre-seed | Oct 2021 |
| Barbara IyayiVenture Capital | Lead | Pre-seed | Sep 2022 |
| Emergence CapitalVenture Capital | Participant | Pre-seed | Jul 2021 |
| Celo Ecosystem FundSeed Fund | Participant | Grant | Mar 2021 |
| Fedha CapitalVenture Capital | Participant | Pre-seed | Oct 2021 |
| ODBAVenture Capital | Participant | Pre-seed | Sep 2022 |
| Launch AfricaPrivate Equity | Participant | Pre-seed | Sep 2022 |
Frequently asked about Bitmama
- How much funding has Bitmama raised?
- Bitmama has raised $2.5M across 8 disclosed rounds. Its latest, a $1.7M Pre-seed, was announced on Sep 09, 2022.
- Who has invested in Bitmama?
- Backers include ODBA, Launch Africa, Flori Ventures, Barbara Iyayi and 3 others.
Profile updated Source: SLA Startup IndexHow we count →
