# Nala funding: rounds and investors

> Nala has raised $90M across 2 rounds since 2024. Investors include Y Combinator, Alumni Ventures and Bessemer Venture Partners. Every round with its source.

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

Tanzania · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Nala*

2 rounds we have observed, with the 7 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.

Biotech Financial Services Fintech Healthcare

Raised 5 months ago

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Funding summary Updated 5 Nov 2026

**$90M** raised across 2 rounds since 2024, from 5 sources

**$40M** Series A **$50M** Debt

- **Latest round:** Debt, $50M May 2026
- **Led by:** LIQUIDITY
- **Step-up i:** 1.3×
- **Investors:** 7 (1 led)

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.

2025 2026

**$40M** Series A

**$50M** Debt

- **First round:** Series A, $40M
- **Biggest round:** $50M
- **Between rounds:** 23 months

## The rounds

- **May 2026** Debt **$50M** *3 new* *3 returning* [LIQUIDITY](https://millionrounds.com/fund/liquidity) Lead [Y Combinator](https://millionrounds.com/fund/y-combinator) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [HOF Capital](https://millionrounds.com/fund/hof-capital) [Mars Growth Capital](https://millionrounds.com/fund/mars-growth-capital) Reported by Disrupt Africa and 3 others
- **Jul 2024** Series A **$40M** *4 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Nyca Partners](https://millionrounds.com/fund/nyca-partners) Source recorded

## 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.

**Series A** 2024 **Debt** 2026 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [LIQUIDITY](https://millionrounds.com/fund/liquidity) L [Nyca Partners](https://millionrounds.com/fund/nyca-partners) [HOF Capital](https://millionrounds.com/fund/hof-capital) [Mars Growth Capital](https://millionrounds.com/fund/mars-growth-capital)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **2** rounds

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **2** rounds

[Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **2** rounds

[LIQUIDITY](https://millionrounds.com/fund/liquidity) Private credit **1** round, led 1

[Nyca Partners](https://millionrounds.com/fund/nyca-partners) VC firm **1** round

[HOF Capital](https://millionrounds.com/fund/hof-capital) VC firm **1** round

[Mars Growth Capital](https://millionrounds.com/fund/mars-growth-capital) VC firm **1** round

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

## Also claim to have backed them

These 5 firms list Nala 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.

[Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) VC firm Per its own site

[VentureSouq](https://millionrounds.com/fund/venturesouq) VC firm Seed, per its site

[Shine Capital](https://millionrounds.com/fund/shine-capital) VC firm Per its own site

[Norrsken22](https://millionrounds.com/fund/norrsken22) Private equity Per its own site

[DFS Lab](https://millionrounds.com/fund/dfs-lab) Accelerator Per its own site

## Quick answers about Nala

### Who invested in Nala?

Nala's investors include Y Combinator, Alumni Ventures, Bessemer Venture Partners, LIQUIDITY and Nyca Partners, and 2 more on record. LIQUIDITY led its latest round.

### How much has Nala raised?

Nala has raised $90M across 2 rounds since 2024.

### When did Nala last raise?

Nala's most recent round was a Debt of $50M in May 2026, led by LIQUIDITY.

### What was Nala's biggest round?

Its most recent round, $50M in May 2026, is also its largest on record.

### Who backed Nala first?

Nala's first round on record, in Jul 2024, was backed by Y Combinator, Alumni Ventures and Bessemer Venture Partners and 1 others.

### What stage is Nala at?

Nala's latest named round is a Debt, in May 2026.

### Where is Nala based?

Nala is based in Tanzania.

### Who led Nala's rounds?

LIQUIDITY led the Debt in 2026.

## Companies like Nala

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

[**Medikea** $1.2M · Oct 2026](https://millionrounds.com/company/medikea)[**Pliant** $123M · Nov 2026](https://millionrounds.com/company/pliant)[**Ottonomy** $4.7M · Nov 2026](https://millionrounds.com/company/ottonomy)[**Crediflow AI** $2.0M · Nov 2026](https://millionrounds.com/company/crediflow-ai)[**mamun** $3.0M · Nov 2026](https://millionrounds.com/company/mamun)[**Mamoon** $3.0M · Nov 2026](https://millionrounds.com/company/mamoon)

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