Kenya · Funded startup

Who invested in M-KOPA

4 rounds we have observed, with the 6 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.

Financial Services

Funding summaryUpdated 26 Oct 2026

$85Mraised across 4 rounds since 2014, from 4 sources

$20MDebt$12MSeries D$19MSeries E$34MDebt
Latest round
Debt, $34MMay 2024
Step-upi
1.8×
Investors
6
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.

201420162018202020222024
$20MDebt$12MSeries D$19MSeries E$34MDebt
First round
Debt, $20M
Feb 2014
Biggest round
$34M
Debt · May 2024
Usual gap between rounds
12 months
the median of 3

The rounds

  1. May 2024
  2. Dec 2015
    Series E$19M

    No investor was named in the report.

    From a historical funding recordSEC filing: $19M sold, first sale Dec 2015

  3. Feb 2015
    Series D$12M3 new

    From a historical funding record

  4. Feb 2014
    Debt$20M1 new

    From a historical funding record

Founders and team

From M-KOPA's own website: 1 founder, 11 on the team.

Jesse MooreCEO & Co-Founder
  • Mayur PatelPresident
  • Faraimose KutadzausheChief Financial Officer
  • Haijo KuperCOO & MD Smartphones
  • Jesse ZigmundChief Legal & Risk Officer
  • Keith DaviesChief Credit Officer
  • Nena SandersonChief Product Officer & MD Mobility
  • Owen ScottChief Technology Officer
  • Adiba IghodaroNon-Executive Director
  • Ian McCaigSenior Independent Director
  • Maeve ByrneIndependent Director
  • Rajeev SuriChair, Independent Director

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.

Everyone who backed them

LocalGlobeVC firm1round
Lundin FoundationInvestment firm1round
Commercial Bank of AfricaInvestment firm1round
LGT Venture Philanthropyno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 5 firms list M-KOPA 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.

AfricaGoGreen FundPrivate creditPer its own site
Autodesk FoundationInvestment firmPer its own site
Good ReasonVC firmPer its own site
HEPCO Capital Management, LLCInvestment firmPer its own site
Sustainable Venture Capital LLCVC firmPer its own site

Quick answers about M-KOPA

Who invested in M-KOPA?

M-KOPA's investors include International Finance Corporation, LocalGlobe, Blue Haven Initiative, Lundin Foundation and Commercial Bank of Africa, and 1 more on record.

How much has M-KOPA raised?

M-KOPA has raised $85M across 4 rounds since 2014.

When did M-KOPA last raise?

M-KOPA's most recent round was a Debt of $34M in May 2024.

What was M-KOPA's biggest round?

Its most recent round, $34M in May 2024, is also its largest on record.

Who backed M-KOPA first?

M-KOPA's first round on record, in Feb 2014, was backed by Commercial Bank of Africa.

What stage is M-KOPA at?

M-KOPA's latest named round is a Debt, in May 2024.

Where is M-KOPA based?

M-KOPA is based in Kenya.

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