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Harambeans, VC Fund

Harambeans

VC Fund

Harambeans is a VC fund focused on Information Technology and B2B. Harambeans are African innovators who have pledged to “work together as one” to build Africa’s future. Over the last decade, Harambeans has spawned a series of tech-enabled ventures such as Andela, Flutterwave, and Yoco, which have collectively generated over 3000 jobs, and raised over $700m from Google Ventures, CRE Ventures and Accel.

Total investments:
11
Last investment:
Lead investor:
18%

Last updated:

Industries Harambeans invests in

Information TechnologyB2BFinTechBig DataTransportation

Stages Harambeans invests in

SeedAngelGrantFunding RoundVenture - Series Unknown

Countries Harambeans invests in

NigeriaKenyaMoroccoSouth AfricaUnited States

Round sizes

Seed $100k–$3.1M

Contacts

NameEmailPhoneSocials
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Round size

Seed
$100k–$3.1M

Investment Focus

Industry

  • Information Technology 3 (27%)
  • B2B 2 (18%)
  • FinTech 2 (18%)
  • Big Data 2 (18%)
  • Transportation 2 (18%)
See all 24 industries →

Stage

  • Seed 5 (45%)
  • Angel 1 (9%)
  • Grant 1 (9%)
  • Funding Round 1 (9%)
  • Venture - Series Unknown 1 (9%)

Country

  • Nigeria 2 (18%)
  • Kenya 1 (9%)
  • Morocco 1 (9%)
  • South Africa 1 (9%)
  • United States 1 (9%)

Team

NameTitleInvestmentsLinksEmail
Fellow Total investments: 0
Find email
Damilola Olokesusi
Damilola Olokesusi Member of Harambe Entrepreneur Alliance
Member of Harambe Entrepreneur Alliance Total investments: 0
Find email
Jude Addo
Jude Addo Investment Committee Member
Investment Committee Member Total investments: 0
Find email
Nneile Nkholise
Nneile Nkholise Entrepreneur In Residence
Entrepreneur In Residence Total investments: 0
Find email
Okendo Lewis-Gayle
Okendo Lewis-Gayle Executive Chairman
Executive Chairman Total investments: 0 Find email
See all 7 team members →

Investments

CompanyDescriptionRoundLinks
ZSystems is a transformative super app designed to redefine B2B trade. $1.7M / Seed / Apr 05, 2026
Releaf is a supply chain technology firm that sources ingredients for African food factories. It aims to create climate-adaptive supply chains as Africa's population grows by 3 billion people. Releaf also provides extension services to smallholders, acts as a buyer of their products, and converts the raw material into factory-grade inputs forvegetable oil factories. Releaf uses digital technologies such as USSD and open banking, in addition to hardware, to work seamlessly with its network of over 2,000 smallholder farmers, who have supplied over 15 million kilograms of quality palm kernel nuts to food factories. $1.5M / Grant / Sep 15, 2021
MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently,access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform. $100K / Seed / Aug 24, 2021
SHYFT builds industrial-grade IoT and integrated software to connect and intelligently manage distributed energy resources (DERs) in markets that struggle with resiliency. SHYFT is pioneering the development of integrated decentralized power systems in emerging markets like Nigeria, leapfrogging over traditional central infrastructure and enablingDERs to scale and support existing but unreliable grids. $3.1M / Seed / Apr 01, 2021
SHYFT builds industrial-grade IoT and integrated software to connect and intelligently manage distributed energy resources (DERs) in markets that struggle with resiliency. SHYFT is pioneering the development of integrated decentralized power systems in emerging markets like Nigeria, leapfrogging over traditional central infrastructure and enablingDERs to scale and support existing but unreliable grids. Seed / Sep 01, 2020
LULA is a mobility platform that connects corporate commuters to private shared shuttles on their commute to work; freeing up time and saving them money.We partner with verified 3rd party shuttle operators who use our driver app to pickup passengers on route in an optimized manner. Passengers use our commuter app to request, pay and track theirride in real-time and then use the mobile pass to check-in on board.We provide our services as B2B as well as B2B2C. Seed / Jun 12, 2020
MAX MAX
Max addresses the last-mile delivery and online-retail problems by using mobile and web platforms to connect consumers, retail businesses, and independent drivers in real-time. They are eliminating all logistics and technology barriers that have historically prevented retail businesses in Africa from realizing their full potential. $100K / Venture - Series Unknown / Jun 08, 2020
Releaf is a supply chain technology firm that sources ingredients for African food factories. It aims to create climate-adaptive supply chains as Africa's population grows by 3 billion people. Releaf also provides extension services to smallholders, acts as a buyer of their products, and converts the raw material into factory-grade inputs forvegetable oil factories. Releaf uses digital technologies such as USSD and open banking, in addition to hardware, to work seamlessly with its network of over 2,000 smallholder farmers, who have supplied over 15 million kilograms of quality palm kernel nuts to food factories. $1.3M / Seed / Jun 01, 2020
Releaf is a supply chain technology firm that sources ingredients for African food factories. It aims to create climate-adaptive supply chains as Africa's population grows by 3 billion people. Releaf also provides extension services to smallholders, acts as a buyer of their products, and converts the raw material into factory-grade inputs forvegetable oil factories. Releaf uses digital technologies such as USSD and open banking, in addition to hardware, to work seamlessly with its network of over 2,000 smallholder farmers, who have supplied over 15 million kilograms of quality palm kernel nuts to food factories. $1.3M / Angel / Mar 18, 2019
See all 11 investments →

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FAQ

What does Harambeans invest in?

Harambeans invests primarily in Information Technology, B2B and FinTech startups, most often at Seed and Angel stage. Most of the 11 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is Harambeans's check size?

Harambeans typically joins rounds of $100k–$3.1M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Harambeans participates in.

How do I contact Harambeans?

Public channels for Harambeans include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at Harambeans?

The team at Harambeans includes Aisha Raheem-Bolarinwa (Fellow), Damilola Olokesusi (Member of Harambe Entrepreneur Alliance) and Jude Addo (Investment Committee Member), among 7 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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