# HoneyCoin funding: rounds and investors

> HoneyCoin has raised $4.9M across 1 round since 2025. Investors include Flourish Ventures, Antler and Hustle Fund. Every round with its source.

Source: https://millionrounds.com/company/honeycoin (Millionrounds; every figure on the page links to its filing or article)

Kenya · [Seed startup](https://millionrounds.com/companies)

# Who invested in *HoneyCoin*

One round we have observed, with the 10 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

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Funding summary Updated 5 Nov 2026

**$4.9M** raised across 1 round since 2025, from 2 sources

- **Latest round:** Seed, $4.9M Aug 2025
- **Led by:** Flourish Ventures
- **Investors:** 10 (1 led)

See who backed them

## The rounds

- **Aug 2025** Seed **$4.9M** [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) Lead [Antler](https://millionrounds.com/fund/antler) [Hustle Fund](https://millionrounds.com/fund/hustle-fund) [Visa](https://millionrounds.com/fund/visa) [Ventures Platform](https://millionrounds.com/fund/ventures-platform-fund) [Stellar Development Foundation](https://millionrounds.com/fund/stellar-development-foundation) [TLcom Capital LLP](https://millionrounds.com/fund/tlcom-capital) [4DX Ventures](https://millionrounds.com/fund/4dx-ventures) [LAVA](https://millionrounds.com/fund/lava) [Musha Ventures](https://millionrounds.com/fund/musha-ventures) Reported by Disrupt Africa and 1 other

## Founders and team

From HoneyCoin's own website: 8 on the team.

- **David Nandwa** CEO
- **Dominic Mulinda** Chief of Product
- **Hannah Maleche** Head of Operations
- **Lilian Kemunto** Head of Legal & Compliance
- **Danny Konana** Operations Officer
- **Esther Kamau** Senior Product Manager
- **Idah Rop** Customer Success Lead
- **Paul Oso** Product Designer

## Everyone who backed them

[Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) VC firm **1** round, led 1

[Antler](https://millionrounds.com/fund/antler) VC firm **1** round

[Hustle Fund](https://millionrounds.com/fund/hustle-fund) VC firm **1** round

[Visa](https://millionrounds.com/fund/visa) Corporate VC **1** round

[Ventures Platform](https://millionrounds.com/fund/ventures-platform-fund) VC firm **1** round

[Stellar Development Foundation](https://millionrounds.com/fund/stellar-development-foundation) Corporate VC **1** round

[TLcom Capital LLP](https://millionrounds.com/fund/tlcom-capital) VC firm **1** round

[4DX Ventures](https://millionrounds.com/fund/4dx-ventures) VC firm **1** round

[LAVA](https://millionrounds.com/fund/lava) VC firm **1** round

[Musha Ventures](https://millionrounds.com/fund/musha-ventures) Angel network **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=honeycoin).

## Also claim to have backed them

These 2 firms list HoneyCoin 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.

[Flori Ventures](https://millionrounds.com/fund/flori-ventures) VC firm Per its own site

[Microtraction](https://millionrounds.com/fund/microtraction) VC firm Per its own site

## Quick answers about HoneyCoin

### Who invested in HoneyCoin?

HoneyCoin's investors include Flourish Ventures, Antler, Hustle Fund, Visa and Ventures Platform, and 5 more on record. Flourish Ventures led its latest round.

### How much has HoneyCoin raised?

HoneyCoin has raised $4.9M across 1 round since 2025.

### When did HoneyCoin last raise?

HoneyCoin's most recent round was a Seed of $4.9M in Aug 2025, led by Flourish Ventures.

### What was HoneyCoin's biggest round?

Its most recent round, $4.9M in Aug 2025, is also its largest on record.

### Who backed HoneyCoin first?

HoneyCoin's first round on record, in Aug 2025, was backed by Flourish Ventures, Antler and Hustle Fund and 7 others.

### What stage is HoneyCoin at?

HoneyCoin's latest named round is a Seed, in Aug 2025.

### Where is HoneyCoin based?

HoneyCoin is based in Kenya.

### Who led HoneyCoin's rounds?

Flourish Ventures led the Seed in 2025.

## Companies like HoneyCoin

In the same sector, and raised in the last eighteen months.

[**Cloud9** $500K · Oct 2026](https://millionrounds.com/company/cloud9)[**Flowt** $550K · Sept 2026](https://millionrounds.com/company/flowt)[**Peach Cars** $4.0M · Aug 2026](https://millionrounds.com/company/peach-cars)[**Twiva** Mar 2026](https://millionrounds.com/company/twiva)[**Five35 Ventures** Dec 2025](https://millionrounds.com/company/five35-ventures)[**Roam** $144M · Nov 2025](https://millionrounds.com/company/roam)

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