# Flutterwave funding: rounds and investors > Flutterwave has raised $250M across 2 rounds since 2023. Investors include Plug and Play, B Capital and Y Combinator. Every round with its source. Source: https://millionrounds.com/company/flutterwave (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Flutterwave* 2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. E-commerce Fintech Web3 & Crypto Raised 5 months ago Valuation: $3.0B, Mar 2026 Y Combinator: S16 Follow Flutterwave and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fflutterwave) Funding summary Updated 5 Nov 2026 **$250M** raised across 2 rounds since 2023, from 6 sources - **Latest round:** Round, $250M Jun 2026 - **Investors:** 9 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2023 2024 2025 2026 **?** Venture **$250M** Round - **First round:** Venture - **Biggest round:** $250M - **Between rounds:** 3.3 years ## The rounds - **Jun 2026** Round **$250M** *4 new* *2 returning* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [B Capital](https://millionrounds.com/fund/b-capital) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Headline](https://millionrounds.com/fund/headline) [Ripple](https://millionrounds.com/fund/ripple) [Circle Ventures](https://millionrounds.com/fund/circle-ventures) Reported by Disrupt Africa and 4 others - **Mar 2023** Venture **Amount undisclosed** *5 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [B Capital](https://millionrounds.com/fund/b-capital) Source recorded ## Funding filed with regulators Flutterwave filed 3 raises, $229M in all. Filings say how much was sold and to how many investors; they never name the investors. - Feb 2021 **$170M** 18 investors equity SEC Form D - Jan 2020 **$40M** 15 investors equity of $40M offered SEC Form D - Jul 2017 **$19M** 98 investors equity of $19M offered SEC Form D ## Founders and team From the SEC filings it signed: 2 on the team. - **Olugbenga Agboola** Chief Executive Officer i - **Adeleke Adekoya** Secretary i On the board, as filed i *James M. Reynolds* *Joseph Saunders* *Will Szczerbiak* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Venture** 2023 **Round** 2026 [Plug and Play](https://millionrounds.com/fund/plug-and-play) [B Capital](https://millionrounds.com/fund/b-capital) [Y Combinator](https://millionrounds.com/fund/y-combinator) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Headline](https://millionrounds.com/fund/headline) [Ripple](https://millionrounds.com/fund/ripple) [Circle Ventures](https://millionrounds.com/fund/circle-ventures) ## Everyone who backed them [Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **2** rounds [B Capital](https://millionrounds.com/fund/b-capital) VC firm **2** rounds [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) VC firm **1** round [Lux Capital](https://millionrounds.com/fund/lux-capital) VC firm **1** round [Headline](https://millionrounds.com/fund/headline) VC firm **1** round [Ripple](https://millionrounds.com/fund/ripple) Investment firm **1** round [Circle Ventures](https://millionrounds.com/fund/circle-ventures) Corporate VC **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=flutterwave). ## Also claim to have backed them These 14 firms list Flutterwave as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [AAF Management Ltd.](https://millionrounds.com/fund/aaf-management-ltd) VC firm Per its own site [Avenir](https://millionrounds.com/fund/avenir) VC firm Per its own site [Voodoo Ventures](https://millionrounds.com/fund/voodoo-ventures) VC firm Per its own site [Resilience17](https://millionrounds.com/fund/resilience17) Family office Per its own site [Lynett Capital](https://millionrounds.com/fund/lynett-capital) VC firm Per its own site [Reshape](https://millionrounds.com/fund/reshape-ventures) VC firm Per its own site [Boorloo Capital](https://millionrounds.com/fund/boorloo-capital) Angel network Per its own site [Broadhaven Venture...](https://millionrounds.com/fund/broadhaven-venture) VC firm Per its own site [Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site [ERA Capital UAB](https://millionrounds.com/fund/era-capital-uab) Private equity Per its own site [Ethos VC](https://millionrounds.com/fund/ethos-vc) VC firm Per its own site [Purpose Venture Capital](https://millionrounds.com/fund/purpose-venture-capital) VC firm Per its own site [Stonewater Ventures](https://millionrounds.com/fund/stonewater-ventures) VC firm Per its own site [Teten Recruiting](https://millionrounds.com/fund/teten-recruiting) VC firm Per its own site ## Quick answers about Flutterwave ### Who invested in Flutterwave? Flutterwave's investors include Plug and Play, B Capital, Y Combinator, Tiger Global Management and Insight Partners, and 4 more on record. ### How much has Flutterwave raised? Flutterwave has raised $250M across 2 rounds since 2023. One round did not disclose an amount, so the total is a floor. ### When did Flutterwave last raise? Flutterwave's most recent round was an Undisclosed round of $250M in Jun 2026. ### What was Flutterwave's biggest round? Its most recent round, $250M in Jun 2026, is also its largest on record. ### Who backed Flutterwave first? Flutterwave's first round on record, in Mar 2023, was backed by Y Combinator, Plug and Play and Tiger Global Management and 2 others. ### What stage is Flutterwave at? Flutterwave's latest named round is an Undisclosed round, in Jun 2026. ### Where is Flutterwave based? Flutterwave is based in the United States. ## Companies like Flutterwave In the same sector, and raised in the last eighteen months. [**Omni** $244M · Nov 2026](https://millionrounds.com/company/omni)[**Pathfinder** $13M · Nov 2026](https://millionrounds.com/company/pathfinder)[**Clark** $11M · Nov 2026](https://millionrounds.com/company/clark)[**Settle** $103M · Oct 2026](https://millionrounds.com/company/settle)[**Midstream Health** $27M · Oct 2026](https://millionrounds.com/company/midstream-health)[**Collective** $219M · Oct 2026](https://millionrounds.com/company/collective) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app