# Celo Ecosystem Fund

> Celo Ecosystem Fund is a VC fund backing Financial Services, FinTech and Cryptocurrency. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 5
- Last investment: Jan 2023
- Lead investor: 0%
- Last updated: Aug 2026

Celo Ecosystem Fund is a VC fund focused on Financial Services and FinTech. Celo is a mobile-first blockchain that enables peer-to-peer payments using just a phone number. Celo is transforming cryptocurrency into practical money through a multi-asset system that includes a governance and staking asset (CELO) as well as a stable coin family. It was founded in 2017 and is based in San Francisco, California.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 4 | 80% |
| FinTech | 3 | 60% |
| Cryptocurrency | 3 | 60% |
| Bitcoin | 2 | 40% |
| Financial Exchanges | 2 | 40% |

13 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 2 | 40% |
| Seed | 1 | 20% |
| Pre-Seed | 1 | 20% |
| Venture - Series Unknown | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 2 | 40% |
| Kenya | 1 | 20% |
| Lithuania | 1 | 20% |
| Philippines | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Unblock | Unblock provides a crypto service platform for business solutions. They combine their modules, so businesses can efficiently offer customers the ability to buy, sell, send, receive, and store cryptocurrencies. | $2M | Pre-Seed | Jan 01, 2023 |  |
| Maria Health | Maria Health created a place online where people can easily compare what the top healthcare brands have to offer and confidently shop right after. They offer simple, easy access to healthcare because they believe everyone deserves one. |  | Venture - Series Unknown | Nov 16, 2021 |  |
| Kotani Pay | Kotani Pay is a technology stack that enables blockchain protocols, dapps, and blockchain fintech companies to integrate seamlessly to local payment channels providing them with a reliable on ramp and off ramp service to reach a wider customer base in Africa. | $10K | Grant | Apr 16, 2021 |  |
| Bitmama | Bitmama enables traders to buy and sell Bitcoin, Ethereum, cUSD, Celo and other digital assets in Africa via its Exchange and Api services. Users can create their own wallets and start buying or selling digital currencies by connecting with their bank accounts, credit or debit cards and mobile money accounts. |  | Grant | Mar 02, 2021 |  |
| Yellow Card | Yellow Card is the easiest and most convenient way to buy and sell Bitcoin and other cryptocurrencies—no bank account required. | $1.5M | Seed | Aug 27, 2020 |  |

5 of 5 investments shown.

## Co-investors
- [Andreessen Horowitz](https://shizune.co/investors/profile/andreessen-horowitz) — VC Fund, 1 deal together
- [Gobi Partners](https://shizune.co/investors/profile/gobi-partners) — VC Fund, 1 deal together
- [Insular Life](https://shizune.co/investors/profile/insular-life) — VC Fund, 1 deal together
- [Polychain](https://shizune.co/investors/profile/polychain-capital) — VC Fund, 1 deal together
- [tryb Group](https://shizune.co/investors/profile/tryb) — VC Fund, 1 deal together
- [Wavemaker Ventures](https://shizune.co/investors/profile/wavemaker-partners) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Coinbase Ventures](https://shizune.co/investors/profile/coinbase-ventures) — VC Fund
- [Digital Currency Group](https://shizune.co/investors/profile/digital-currency-group) — VC Fund
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund

### Similar stage
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### Similar country
- [Practica Capital](https://shizune.co/investors/profile/practica-capital) — VC Fund
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## Featured in investor lists
- [Payments Investors in Lithuania](https://shizune.co/investors/payments-investors-lithuania)
- [Payments VC Funds in Lithuania](https://shizune.co/investors/payments-vc-funds-lithuania)
- [Cryptocurrency Investors in Lithuania](https://shizune.co/investors/cryptocurrency-investors-lithuania)

## FAQ

### What does Celo Ecosystem Fund invest in?

Celo Ecosystem Fund invests primarily in Financial Services, FinTech and Cryptocurrency startups, most often at Grant and Seed stage. Most of the 5 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Celo Ecosystem Fund last invest?

The most recent investment recorded for Celo Ecosystem Fund closed in Jan 2023. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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