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RaliCap

North America, California, United States, San Francisco

Description

RaliCap is a prominent venture capital firm headquartered in San Francisco, California, specifically focused on the burgeoning fintech landscape within emerging markets. Positioned as a premier fund and collective, RaliCap is dedicated to empowering "super founders" by providing strategic capital and support. The firm's investment thesis centers on identifying and nurturing innovative financial technology companies that address critical needs and opportunities in regions often overlooked by traditional venture capital. Their commitment extends beyond mere capital, aiming to build a collaborative ecosystem for their portfolio companies.

The firm successfully closed its inaugural fund, RaliCap Fund I, at $30 million, demonstrating significant investor confidence in its specialized strategy. This capital is deployed across pre-seed, seed, and occasionally Series A rounds, with a clear focus on early-stage opportunities. For initial investments, RaliCap typically writes checks ranging from $250,000 to $750,000, targeting promising startups in their formative stages. While they provide follow-on capital, which can extend up to $1.5 million, their primary entry point remains within this initial seed-stage bracket.

RaliCap's impact is global, with a portfolio that spans over 50 companies across more than 20 countries. This extensive reach underscores their deep commitment to fostering financial inclusion and technological advancement in diverse emerging economies, including regions in Africa, Latin America, and Southeast Asia. The firm prides itself on being more than just a capital provider, actively leveraging its network and expertise to help founders navigate the unique challenges and opportunities present in these dynamic markets, thereby accelerating their growth and market penetration.

Investor Profile

RaliCap has backed more than 47 startups, with 5 new investments in the last 12 months alone. The firm has led 3 rounds, about 6% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Angel rounds (top funding stages).
  • Majority of deals are located in Mexico, Nigeria, United States.
  • Strong thematic focus on FinTech, Financial Services, Payments.
  • Led 1 rounds in the past year.
  • Typical check size: $250K – $750K.

Stage Focus

  • Seed (55%)
  • Pre Seed (38%)
  • Angel (2%)
  • Series A (2%)
  • Series Unknown (2%)

Country Focus

  • Mexico (17%)
  • Nigeria (17%)
  • United States (15%)
  • Pakistan (11%)
  • South Africa (6%)
  • Brazil (6%)
  • United Arab Emirates (6%)
  • Argentina (2%)
  • Indonesia (2%)
  • Egypt (2%)

Industry Focus

  • Fintech
  • Financial Services
  • Payments
  • Software
  • Saas
  • Credit
  • E-commerce
  • Wealth Management
  • Finance
  • Accounting
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does RaliCap frequently co-invest with?

Speedinvest
Europe, Wien, Austria, Vienna
Co-Investments: 3
Musha Ventures
North America, New York, United States, New York
Co-Investments: 4
Better Tomorrow Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Aidi Ventures
North America, California, United States, San Jose
Co-Investments: 3
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 4
The Fintech Fund
North America, New York, United States, New York
Co-Investments: 4
Kepple Africa Ventures
Asia, Tokyo, Japan, Tokyo
Co-Investments: 5
MAYA Capital
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 4
Everywhere Ventures (The Fund)
North America, New York, United States, New York
Co-Investments: 4
Future Africa
North America, California, United States, San Francisco
Co-Investments: 5

Which angels does RaliCap often collaborate with?

Idris Ayodeji Bello
Africa, Nigeria
Shared Deals: 2
Odunayo Eweniyi
Africa, Lagos, Nigeria, Lagos
Shared Deals: 1
EJ
Europe, England, United Kingdom, London
Shared Deals: 1
Tayo Oviosu
Africa, Lagos, Nigeria, Lagos
Shared Deals: 2
Eric Idiahi
Africa, Nigeria
Shared Deals: 1
Olugbenga Agboola
Africa, Nigeria
Shared Deals: 2
Wes Schwalje
Asia, Dubai, United Arab Emirates
Shared Deals: 2
Olumide Soyombo
Africa, Lagos, Nigeria, Lagos
Shared Deals: 2
HS
North America, California, United States, San Francisco
Shared Deals: 2
AH
North America, District of Columbia, United States, Washington
Shared Deals: 1

What are some of recent deals done by RaliCap?

Divibank

São Paulo, Sao Paulo, Brazil

Divibank is a financing platform offering businesses access to growth capital.

BankingFinancial Services
Series UnknownApr 2, 2025
Amount Raised: $8,200,000
Stay

São Paulo, Sao Paulo, Brazil

Stay is a long-term incentive platform

B2BEmployee BenefitsFinTechRetirementWealth Management
SeedOct 30, 2024
Amount Raised: $3,000,000

Transformative payments infrastructure, Akua's cloud-native platform offers acquiring-as-a-service for all payment rails

FinTechPaymentsTransaction Processing
SeedOct 21, 2024
Amount Raised: $4,300,000
Regfyl

Lagos, Lagos, Nigeria

Regfyl platform for the whole compliance journey from onboarding customers, ongoing monitoring and regulatory reporting.

ComplianceFraud DetectionSoftware
Pre SeedSep 17, 2024
Amount Raised: $1,100,000
Fleet

Palo Alto, California, United States

Fleet is a mobility-as-a-Service software for enterprise transportation needs.

CRMInformation TechnologyiOSLogisticsSoftware
SeedAug 27, 2024
Amount Raised: $2,500,000
Moffin

Guadalajara, Jalisco, Mexico

Moffin is a platform that enables companies to collect and evaluate data of other companies and individuals.

Data IntegrationIdentity ManagementRisk ManagementSaaS
SeedJul 2, 2024
Amount Raised: $2,157,498
Radar Treasury

Mexico City, Distrito Federal, Mexico

Radar provides treasury management tools for Latam.

Developer APIsFinTechInfrastructurePayments
SeedDec 1, 2023
Amount Raised: $1,500,000
Solfium

Montreal, Quebec, Canada

Solfium is a one-of-a-kind solar energy company dedicated to providing the best solutions for your house, business, or industry.

ManufacturingRenewable EnergySemiconductor
SeedNov 27, 2023
Amount Raised: $3,000,000
Circadian Technologies GmbH

Berlin, Berlin, Germany

Accelerating the energy transition by transforming decentralized energy for businesses in frontier markets

Energy ManagementInternet of ThingsSaaS
SeedOct 18, 2023
Amount Raised: $1,317,225
Revio

Pretoria, NA - South Africa, South Africa

The go-to payment orchestration and revenue recovery platform for emerging markets

BillingFinTechSoftware
SeedSep 26, 2023
Amount Raised: $5,200,000