Funding Tracker                 


Raenest

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Allows startups to coordinate payments in 50+ currencies, sort out compliance, taxes, and control team expenses with unlimited virtual cards from one place


Location: Nigeria
Website: https://www.raenest.com/
Sector: Fintech
Funding Stage: Pre-Seed Venture Round Grant Series A
Total Funding ($m): $11.52M
# of Founders: 3
Founding Year: 2022
Funding Year: 2023
Status: Active
YearAmountStageInvestors
2022$0.3mPre-SeedVentures Platform, Voltron Capital, Ajim Capital, others
2022$0.12mVenture RoundTechstars
2023$0.1mGrantGoogle For Startups Black Founders Fund
2025$11mSeries AQED, Norrsken22, Ventures Platform, P1 Ventures and Seedstars.
Victor Alade,,  Sodruldeen Mustapha ,  Richard Oyome,,
Pre-Seed $0.3m

Ventures Platform, Voltron Capital, Ajim Capital, others



Venture Round $0.12m

Techstars



Grant $0.1m

Google For Startups Black Founders Fund



Series A $11m

QED, Norrsken22, Ventures Platform, P1 Ventures and Seedstars.





News
https://techcrunch.com/2025/02/11/qed-leads-11m-investment-in-nigerian-fintech-raenest/