# Harambeans

> Harambeans is a VC fund backing Information Technology and B2B. See 11 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 11
- Last investment: Apr 2026
- Lead investor: 18%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/harambeans
- X (Twitter): https://twitter.com/harambeans
- Website: http://www.harambeans.com
- Facebook: https://www.facebook.com/weareharambeans

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.

## Contacts

5 contacts available for Harambeans. Shizune tracks 7 team members at Harambeans. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/harambeans?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $100k–$3.1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Information Technology | 3 | 27% |
| B2B | 2 | 18% |
| FinTech | 2 | 18% |
| Big Data | 2 | 18% |
| Transportation | 2 | 18% |

24 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 5 | 45% |
| Angel | 1 | 9% |
| Grant | 1 | 9% |
| Funding Round | 1 | 9% |
| Venture - Series Unknown | 1 | 9% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Nigeria | 2 | 18% |
| Kenya | 1 | 9% |
| Morocco | 1 | 9% |
| South Africa | 1 | 9% |
| United States | 1 | 9% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Aisha Raheem-Bolarinwa | Fellow | 0 | https://shizune.co/investors/profile/aisha-raheem-bolarinwa |
| Damilola Olokesusi | Member of Harambe Entrepreneur Alliance | 0 | https://shizune.co/investors/profile/damilola-olokesusi |
| Jude Addo | Investment Committee Member | 0 | https://shizune.co/investors/profile/jude-addo-615e |
| Nneile Nkholise | Entrepreneur In Residence | 0 | https://shizune.co/investors/profile/nneile-nkholise |
| Okendo Lewis-Gayle | Executive Chairman | 0 | https://shizune.co/investors/profile/okendo-lewis-gayle |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ZSystems | ZSystems is a transformative super app designed to redefine B2B trade. | $1.7M | Seed | Apr 05, 2026 |  |
| Releaf Earth | 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 | 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 Power Solutions | 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 Power Solutions | 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 |  |
| LÜLA | 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 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 Earth | 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 Earth | 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 |  | Jun 01, 2020 |  |
| Releaf Earth | 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 |  |

10 of 11 investments shown.

## Co-investors
- [Future Africa](https://shizune.co/investors/profile/future-africa) — VC Fund, 3 deals together
- [Eudaimonia Capital](https://shizune.co/investors/profile/eudaimonia-capital) — VC Fund, 2 deals together
- [Third Sphere](https://shizune.co/investors/profile/urban-us) — VC Fund, 2 deals together
- [Agrolay Advisors](https://shizune.co/investors/profile/agrolay-advisors) — VC Fund, 1 deal together
- [Azur Innovation Management](https://shizune.co/investors/profile/azur-innovation-management) — VC Fund, 1 deal together
- [Cayman Emerge Accelerator Limited](https://shizune.co/investors/profile/cayman-emerge-accelerator-limited) — VC Fund, 1 deal together

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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 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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