Kwara
OperatingKwara is a Nairobi and Berlin based startup offering affordable digital banking
- SaaS
- Nairobi, Kenya
- Seed
- Founded 2018
- kwara.com ↗
- Total raised
- $7.2M
- disclosed
- Last round
- $3M
- Seed
- Rounds
- 6
- since 2018
- Investors
- 16
- on record
- Employees
- 11-50
Kwara funding and investors
Kwara has raised $7.2M across 6 disclosed rounds. The latest is a $3M Seed announced 16 Jan 2023.
- Lead investors
- 3
- Largest round
- $4M
- Average round
- $1.8M
- disclosed rounds
- Round cadence
- 10 mo
- average gap
- $80KGrantGrant, $80K, $80K raised to date
- $100KGrantGrant, $100K, $180K raised to date
- $4MSeedSeed, $4M, $4.2M raised to date
- $3MSeedSeed, $3M, $7.2M raised to date
SLA Funding Index · grey is capital raised before each round · 2 undisclosed rounds not drawn
Kwara funding rounds6 · newest first
- Seed$3M
16 Jan 2023
- Seed$4M
09 Dec 2021 · led by Breega
- Funding RoundUndisclosed
28 Jul 2021
- Grant$100K
25 May 2021 · led by Norrsken Impact Accelerator
- Grant$80K
01 Jan 2020
- SeedUndisclosed
01 Jan 2019 · led by Finparx
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 16 Jan 2023 | Seed | Willard Ahdritz, SoftBank Vision Fund Emerge, Globivest, FINCA Ventures, DOB Equity, Breega | $3M |
| 09 Dec 2021 | Seed | Breega · SoftBank Vision Fund Emerge, New General Market Partners, Globivest, Do Good Invest, Rabacap, Launch Africa, Norrsken Impact Accelerator, Future Africa, Samurai Incubate, DOB Equity, FINCA Ventures | $4M |
| 28 Jul 2021 | Funding Round | VC Samurai | Undisclosed |
| 25 May 2021 | Grant | Norrsken Impact Accelerator | $100K |
| 01 Jan 2020 | Grant | Catalyst Fund | $80K |
| 01 Jan 2019 | Seed | Finparx | Undisclosed |
Investors in Kwara16 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Norrsken Impact AcceleratorImpact Investor | Lead in 1 of 2 | Grant, Seed | May 2021 |
| BreegaVenture Capital | Lead in 1 of 2 | Seed | Dec 2021 |
| FinparxSeed Fund | Lead | Seed | Jan 2019 |
| SoftBank Vision Fund EmergeVenture Capital | Participant | Seed | Dec 2021 |
| GlobivestPrivate Equity | Participant | Seed | Dec 2021 |
| DOB EquityVenture Capital | Participant | Seed | Dec 2021 |
| FINCA VenturesVenture Capital | Participant | Seed | Dec 2021 |
| Catalyst FundMicro VC | Participant | Grant | Jan 2020 |
| VC SamuraiVenture Capital | Participant | Funding Round | Jul 2021 |
| New General Market PartnersVenture Capital | Participant | Seed | Dec 2021 |
| Do Good InvestVenture Capital | Participant | Seed | Dec 2021 |
| RabacapVenture Capital | Participant | Seed | Dec 2021 |
| Launch AfricaPrivate Equity | Participant | Seed | Dec 2021 |
| Future AfricaVenture Capital | Participant | Seed | Dec 2021 |
| Samurai IncubatePrivate Equity | Participant | Seed | Dec 2021 |
| Willard Ahdritz | Participant | Seed | Jan 2023 |
Frequently asked about Kwara
- How much funding has Kwara raised?
- Kwara has raised $7.2M across 6 disclosed rounds. Its latest, a $3M Seed, was announced on Jan 16, 2023.
- Who has invested in Kwara?
- Backers include Willard Ahdritz, SoftBank Vision Fund Emerge, Globivest, FINCA Ventures and 12 others.
Profile updated Source: SLA Startup IndexHow we count →
