Fundz

Zanifu Raises $11.2M To Scale Its Inventory Financing Offering In Kenya

PRIVATEAug 21, 2023

Amount Raised

$11.2 Million

Round Type

Funding Round

NairobiFinanceFintech

Description

Zanifu, a Kenyan fintech providing inventory financing to micro, small and medium-sized businesses, has raised $11.2 million debt-equity funding in a pre-Series A round led by Beyond Capital Ventures and Variant Investments. Founders Factory Africa, AAIC Investment, Google Black Founders Fund, and existing investor Launch Africa also participated in the round. This brings total debt-equity funding raised by the startup to $12.7 million.

Quick answer

Zanifu raised $11.2 Million in a Funding Round round, dated August 21, 2023. Zanifu is based in Nairobi, Nairobi County, Kenya.

How much did Zanifu raise?
Zanifu raised $11.2 Million in a Funding Round round on August 21, 2023.
What does Zanifu do?
Zanifu empowers MSMEs in Africa by bringing their businesses online and providing them with access to working capital financing.
Where is Zanifu based and how big is it?
Zanifu is based in Nairobi, Nairobi County, Kenya. Fundz records about 43 employees.
Who are the decision-makers at Zanifu?
Fundz holds 1 contact at Zanifu. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Finance and Fintech around the same time

Companies in the same sectors as Zanifu that raised within 45 days of this round, from Fundz verified event records.

  • Rainforest raised $8.5M (Funding Round) on October 4, 2023.
  • Monark Markets raised $600K (Seed) on October 1, 2023.
  • Beeline Holdings raised $6.5M on September 29, 2023.
  • Retirable raised $4M (Seed) on September 28, 2023.
  • Clip Money raised an undisclosed amount (Corporate Round) on September 22, 2023.
  • Curve raised $72M (Series C) on September 21, 2023.

Who to call at Zanifu, and when

A new round usually means Zanifu is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Zanifu raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Zanifu, from your own LinkedIn network

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Company Information

Company

Zanifu

Location

Nairobi, Nairobi County, Kenya

About

Zanifu empowers MSMEs in Africa by bringing their businesses online and providing them with access to working capital financing.

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Zanifu raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.