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A prominent early-stage venture capital fund that invested in Raise.
News published about 500 Startups

Kenyan fintech Raise shuts down, migrates users to Carta
Techpoint Africa - Sep 04, 2025
Raise announced its shutdown and will migrate users to Carta. The startup struggled to find a scalable business model within the African venture capital ecosystem.

Fintech Company Cadana Raises USD 7.1 M Seed Funding
WeeTracker - Jun 26, 2024
Cadana has secured USD 7.1 M seed funding to revolutionize remittances for African professionals. The funding was led by Costanoa Ventures and included contributions from Better Tomorrow Ventures and 500 Startups.

Payroll Service Provider Cadana Raises $7.1 Million In Seed Funding
Tech Labari - Jun 20, 2024
Cadana, a payroll services provider, has secured a $7.1 million seed funding round. The funding round was led by Costanoa Ventures with participation from Better Tomorrow Ventures and 500 Startups.
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