# M-KOPA funding: rounds and investors > M-KOPA has raised $85M across 4 rounds since 2014. Investors include International Finance Corporation, LocalGlobe and Blue Haven Initiative. Source: https://millionrounds.com/company/m-kopa (Millionrounds; every figure on the page links to its filing or article) Kenya · [Funded startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$85M** raised across 4 rounds since 2014, from 4 sources **$20M** Debt **$12M** Series D **$19M** Series E **$34M** Debt - **Latest round:** Debt, $34M May 2024 - **Step-up i:** 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. 2014 2016 2018 2020 2022 2024 **$20M** Debt **$12M** Series D **$19M** Series E **$34M** Debt - **First round:** Debt, $20M - **Biggest round:** $34M - **Usual gap between rounds:** 12 months ## The rounds - **May 2024** Debt **$34M** *2 new* [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [LocalGlobe](https://millionrounds.com/fund/localglobe) Source recorded - **Dec 2015** Series E **$19M** No investor was named in the report. From a historical funding record SEC filing: $19M sold, first sale Dec 2015 - **Feb 2015** Series D **$12M** *3 new* [Blue Haven Initiative](https://millionrounds.com/fund/blue-haven-initiative) [Lundin Foundation](https://millionrounds.com/fund/lundin-foundation) LGT Venture Philanthropy From a historical funding record - **Feb 2014** Debt **$20M** *1 new* [Commercial Bank of Africa](https://millionrounds.com/fund/commercial-bank-of-africa) From a historical funding record ## Founders and team From M-KOPA's own website: 1 founder, 11 on the team. **Jesse Moore** CEO & Co-Founder - **Mayur Patel** President - **Faraimose Kutadzaushe** Chief Financial Officer - **Haijo Kuper** COO & MD Smartphones - **Jesse Zigmund** Chief Legal & Risk Officer - **Keith Davies** Chief Credit Officer - **Nena Sanderson** Chief Product Officer & MD Mobility - **Owen Scott** Chief Technology Officer - **Adiba Ighodaro** Non-Executive Director - **Ian McCaig** Senior Independent Director - **Maeve Byrne** Independent Director - **Rajeev Suri** Chair, 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. **Debt** 2014 **Series D** 2015 **Series E** 2015 **Debt** 2024 [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) [LocalGlobe](https://millionrounds.com/fund/localglobe) [Blue Haven Initiative](https://millionrounds.com/fund/blue-haven-initiative) [Lundin Foundation](https://millionrounds.com/fund/lundin-foundation) [Commercial Bank of Africa](https://millionrounds.com/fund/commercial-bank-of-africa) LGT Venture Philanthropy ## Everyone who backed them [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) Government **1** round [LocalGlobe](https://millionrounds.com/fund/localglobe) VC firm **1** round [Blue Haven Initiative](https://millionrounds.com/fund/blue-haven-initiative) VC firm **1** round [Lundin Foundation](https://millionrounds.com/fund/lundin-foundation) Investment firm **1** round [Commercial Bank of Africa](https://millionrounds.com/fund/commercial-bank-of-africa) Investment firm **1** round LGT Venture Philanthropy no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=m-kopa). ## 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 Fund](https://millionrounds.com/fund/africa-go-green-fund) Private credit Per its own site [Autodesk Foundation](https://millionrounds.com/fund/autodesk-foundation) Investment firm Per its own site [Good Reason](https://millionrounds.com/fund/good-reason) VC firm Per its own site [HEPCO Capital Management, LLC](https://millionrounds.com/fund/hepco-capital-management-llc) Investment firm Per its own site [Sustainable Venture Capital LLC](https://millionrounds.com/fund/sustainable-venture-capital-llc) VC firm Per 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. ## Companies like M-KOPA In the same sector, and raised in the last eighteen months. [**Cloud9** Oct 2026](https://millionrounds.com/company/cloud9)[**Jahazii** $400K · Oct 2025](https://millionrounds.com/company/jahazii)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive) ## 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