*Data updated daily at 18:00 EAT
Kenyan company Raise, an end-to-end fundraising platform, has raised an undisclosed amount of funding from Carta, a San Francisco-based company that specializes in capitalization table management and valuation software. Raise also plans to leverage Carta’s API and the open cap table standard it is building to provide world-class ownership, equity and security experiences for customers. Existing Carta customers and shareholders are able to sync their holdings directly to Raise, and run health checks against African law and macroeconomic trends.
Founded in 2018, Raise’s platform is designed to simplify cap table management for startups and companies operating within the African ecosystem, providing a comprehensive solution for managing shareholding structure, both before and after fundraising, allowing businesses to focus on growth and building a successful future.