# CRE Venture Capital: portfolio, investments and team > CRE Venture Capital is a vc firm based in United States. 6 investments on record, latest May 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/cre-venture-capital (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # CRE Venture Capital Last cheque observed May 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet New fund $15M, Jul 2023 VC firm Pre-seed Seed Series A Tech Follow CRE Venture Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fcre-venture-capital) Cheques on record **0%** of best year **0** **cheques in 12 months**, 6 on record Since the last cheque **521** days **00** hrs **00** min **00** sec Median round **$10M** Rounds led **3 of 6** Mostly in **Nigeria, 50%** Pitch CRE Venture Capital ## CRE Venture Capital highlights - 01 6 rounds on record - 02 Mostly Seed and Series A: 60% of its rounds - 03 Led 3 rounds ## What they do > We invest in visionary founders building category-defining tech companies that are levered to Africa. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Pre-seed Seed Series A Series B Growth - **Sectors:** Tech - **Based in:** New York, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **6 appearances** - **2025** 1 round - **May** **[Cutstruct](https://millionrounds.com/company/cutstruct)** Seed · NG · Disrupt Africa **$1.5M** *Led* - **2019** 3 rounds - **Dec** **[Rensource](https://millionrounds.com/company/rensource)** Series A · NG · TechCrunch **$20M** *Led* - **Mar** **[Flexclub](https://millionrounds.com/company/flexclub)** Seed · ZA · TechCrunch **$1.2M** *Led* - **Jan** **[Andela](https://millionrounds.com/company/andela)** Series D · US · FinSMEs **$100M** With 2 others - **2018** 1 round - **Oct** **[Flutterwave](https://millionrounds.com/company/flutterwave)** NG · Disrupt-africa **$10M** With 4 others - **2015** 1 round - **Nov** **[Asoko Insight](https://millionrounds.com/company/asoko-insight)** Venture · GB **$1.4M** With 2 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **1 named** PM **Pardon Makumbe** President / Chief Compliance Officer i Form ADV We also hold **6** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$405M** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** CRE Venture Capital, Inc. - **SEC number:** CRD 317875 Funds on its Form ADV **33** private funds, **$376M** in gross assets · filed Sept 2024 - CRE G4 SPV 2 LLC *Venture* 13 investors $54M - CRE Venture Capital Fund III A L.P. *Venture* 118 investors $41M - Africa Angels Network Seed Stage Fund One, L.P. *Venture* 62 investors $40M - CRE Venture Capital Fund II Limited Partnership *Venture* 85 investors $39M - Kairos I, A Series of Falcon 5-2 LLC *Venture* 126 investors $35M - CRE G4 SPV 3 LLC *Venture* 362 investors $22M - CRE Andela C LLC *Venture* 101 investors $18M - Kairos III, A Series of Falcon 5-2 LLC *Venture* 1 investor $14M - CRE Andela B LLC *Venture* 109 investors $14M - SABI 7-1 LLC *Venture* 87 investors $13M And 23 more on the filing. ## What they claim to have backed From their own portfolio page (on their website) **7** of 13 we have independently watched raise [Andela_v1](https://millionrounds.com/company/andela)[Definely](https://millionrounds.com/company/definely)[Matta](https://millionrounds.com/company/matta)[Sabi](https://millionrounds.com/company/sabi)[flutterwave](https://millionrounds.com/company/flutterwave)[smile ID](https://millionrounds.com/company/smile-id)[yoco logo yoco](https://millionrounds.com/company/yoco) BMoni logo BMoni Flow living Lely Oradian logo Oradian Stitch+Logo+Violet Sukhiba logo new Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. New fund on file **$15M** raised in Jul 2023 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$10M** the round, not its cheque Led 3 of 6 rounds **50%** - **Sole investor:** Never alone - **Last cheque:** May 2025 Rounds by stage said on their site - Seed said *2* - Series A said *1* - Series D *1* - Venture *1* - Pre-seed said *-* - Series B said *-* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching CRE Venture Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies CRE Venture Capital put money into. [**Cutstruct** $1.5M · May 2025](https://millionrounds.com/company/cutstruct)[**Flexclub** $1.2M · Mar 2019](https://millionrounds.com/company/flexclub)[**Andela** $100M · Jan 2019](https://millionrounds.com/company/andela)[**Flutterwave** $10M · Oct 2018](https://millionrounds.com/company/flutterwave) ## Quick answers about CRE Venture Capital ### What does CRE Venture Capital invest in? CRE Venture Capital invests most often at Seed and Series A (60% of the rounds on record), in sectors such as Tech. ### How active is CRE Venture Capital? 6 investments on record, 0 of them in the last 12 months, and it led 3. The most recent was in May 2025. ### What has CRE Venture Capital invested in recently? Its most recent investments on record: Cutstruct (Seed, May 2025), Rensource (Series A, Dec 2019) and Flexclub (Seed, Mar 2019). ### How big are CRE Venture Capital's cheques? The median round it joins is $10M. ### Does CRE Venture Capital lead rounds? Yes: it led 3 of its 6 investments on record (50%). ### Where does CRE Venture Capital invest? Most of the companies it backs are in Nigeria (50%), South Africa (17%) and the United States (17%). ### Is CRE Venture Capital investing now? No investments in the last 12 months; the latest was in May 2025. ### What kind of investor is CRE Venture Capital? CRE Venture Capital is a VC firm based in New York, United States. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=cre-venture-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=cre-venture-capital)