# Raenest funding: rounds and investors

> Raenest has raised $11M across 1 round since 2025. Investors include QED Investors, Techstars and Google for Startups. Every round with its source.

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

Nigeria · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Raenest*

One round we have observed, with the 8 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.

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Fintech

Funding summary Updated 27 Oct 2026

**$11M** raised across 1 round since 2025, from 3 sources

- **Latest round:** Series A, $11M Feb 2025
- **Led by:** QED Investors
- **Investors:** 8 (1 led)

See who backed them

## The rounds

- **Feb 2025** Series A **$11M** [QED Investors](https://millionrounds.com/fund/qed-investors) Lead [Techstars](https://millionrounds.com/fund/techstars) [Google for Startups](https://millionrounds.com/fund/google-for-startups) [Google](https://millionrounds.com/fund/google-assistant-investments) [Seedstars](https://millionrounds.com/fund/seedstars) [Ventures Platform](https://millionrounds.com/fund/ventures-platform-fund) [P1 Ventures](https://millionrounds.com/fund/p1-ventures) [Norrsken22](https://millionrounds.com/fund/norrsken22) Reported by Disrupt Africa and 2 others

## Founders and team

From Raenest's own website: 3 founders.

**Victor Alade** CEO & Co-Founder

**Richard Oyome** COO & Co-Founder

**Sodruldeen Mustapha** CTO & Co-Founder

## Everyone who backed them

[QED Investors](https://millionrounds.com/fund/qed-investors) VC firm **1** round, led 1

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

[Google for Startups](https://millionrounds.com/fund/google-for-startups) Accelerator **1** round

[Google](https://millionrounds.com/fund/google-assistant-investments) Accelerator **1** round

[Seedstars](https://millionrounds.com/fund/seedstars) Accelerator **1** round

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

[P1 Ventures](https://millionrounds.com/fund/p1-ventures) Private equity **1** round

[Norrsken22](https://millionrounds.com/fund/norrsken22) Private equity **1** round

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

## Also claim to have backed them

These 2 firms list Raenest 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.

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

[The Continent Venture Partners (TCVP)](https://millionrounds.com/fund/the-continent-venture-partners-tcvp) VC firm Per its own site

## Quick answers about Raenest

### Who invested in Raenest?

Raenest's investors include QED Investors, Techstars, Google for Startups, Google and Seedstars, and 3 more on record. QED Investors led its latest round.

### How much has Raenest raised?

Raenest has raised $11M across 1 round since 2025.

### When did Raenest last raise?

Raenest's most recent round was a Series A of $11M in Feb 2025, led by QED Investors.

### What was Raenest's biggest round?

Its most recent round, $11M in Feb 2025, is also its largest on record.

### Who backed Raenest first?

Raenest's first round on record, in Feb 2025, was backed by QED Investors, Techstars and Google for Startups and 5 others.

### What stage is Raenest at?

Raenest's latest named round is a Series A, in Feb 2025.

### Where is Raenest based?

Raenest is based in Nigeria.

### Who led Raenest's rounds?

QED Investors led the Series A in 2025.

## Companies like Raenest

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

[**Nomba** $33M · Sept 2026](https://millionrounds.com/company/nomba)[**Yellow Card** $73M · Aug 2026](https://millionrounds.com/company/yellow-card)[**Moove** $350M · Aug 2026](https://millionrounds.com/company/moove)[**Daya** $2.4M · Jun 2026](https://millionrounds.com/company/daya)[**CreditChek** $600K · Jun 2026](https://millionrounds.com/company/creditchek)[**BFREE** $3.0M · May 2026](https://millionrounds.com/company/bfree)

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