Intelligence Lab
Predict the next failure before it happens.
We've turned the data from Raise into a stress-test model. Simulate this deal's risk profile in our new Laboratory.
Run a Pre-Mortem
Raise
Digitize equity management
- Category:
- Fintech
- Country:
- Kenya
- Founded:
- 2018
- Cause of Failure:
- Product-market fit
- Outcome:
- Acquired by Carta
- Shut Down in:
- September 2025
- Founders:
- Marvin Coleby, Tina Nyamache, Eugene Mutai
- Number of Founders:
- 3
- Number of Employees:
- 11-50
- Funding Amount:
- $25.00 K
- Last Funding Round:
- Seed
- Notable Investors:
- Microtraction, Resilience17, 500 Startups
About Raise
Raise was a Kenyan fintech company that provided equity management solutions for startups and SMEs. The platform offered tools for cap table management, equity issuance, and compliance.
What went wrong?
After seven years in business, the company announced it's shutting down and moving its users to Carta, a U.S.-based equity management platform.
Continue reading
Kenyan fintech Raise shuts down, migrates users to CartaSubscribe to our newsletter
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