Nigeria · Who invested in Sycamore?
Sycamore's investors include Lightspeed Venture Partners, Coatue, 8VC, Abstract Ventures and Dell Technologies Capital, and 8 more on record. Lightspeed Venture Partners led its latest round.
2026
?Debt$65MSeed
Nigeria · Seed startup
Who invested in Sycamore
2 rounds we have observed, with the 13 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.
Raised 7 months agoY Combinator: W17
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Funding summaryUpdated 5 Nov 2026
$65Mraised across 2 rounds since 2025, from 3 sources
- Latest round
- Seed, $65MApr 2026
- Led by
- Lightspeed Venture Partners and Coatue
- Investors
- 13 (2 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Debt May 2025
- Biggest round
- $65M Seed · Apr 2026
- Between rounds
- 10 months from the last two
The rounds
- Apr 2026Seed$65M13 new
Lightspeed Venture PartnersLead
CoatueLead
8VC
Abstract Ventures
Dell Technologies Capital
The E14 Fund- Lip-Bu Tan
Fellows Fund
515 Ventures- Bob McGrew
- Soham Mazumdar
- Ali Ghodsi
Mike Knoop
Reported by TechCrunch and 1 otherSEC filing: $12M sold
- May 2025
Founders and team
From Sycamore's own website: 3 on the team.
- Baiba BirznieceChief Investment Officer
- Indrek RahumaaPartner
- Maris MacijevskisInvestment Manager
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
Lip-Bu TanVC firm1round
Bob McGrewInvestment firm1round
Soham MazumdarAngel1round
Ali GhodsiAngel1round
Missing a round, or an investor who was in one? Tell us.
Quick answers about Sycamore
How much has Sycamore raised?
Sycamore has raised $65M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.
When did Sycamore last raise?
Sycamore's most recent round was a Seed of $65M in Apr 2026, led by Lightspeed Venture Partners.
What was Sycamore's biggest round?
Its most recent round, $65M in Apr 2026, is also its largest on record.
Who backed Sycamore first?
Sycamore's first round on record, in Apr 2026, was backed by Lightspeed Venture Partners, Coatue and 8VC and 10 others.
What stage is Sycamore at?
Sycamore's latest named round is a Seed, in Apr 2026.
Where is Sycamore based?
Sycamore is based in Nigeria.
Who led Sycamore's rounds?
Lightspeed Venture Partners led the Seed in 2026.
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