About Chandaria Capital
Chandaria Capital is a venture capital firm founded in 2017. It is primarily based out of Nairobi, Kenya. As of Oct 2023, Chandaria Capital has invested in 30 companies. It primarily invests in Seed round in Kenya based startups. Its investments are spread across a wide range of sectors from Retail to Enterprise Applications and Consumer. Most recently it participated in the $***** Seed round of Sukhiba Overall, Chandaria Capital portfolio has seen 1 acquisition, namely Lynk. A lot of funds co-invest with Chandaria Capital, with names like Goodwater Capital sharing a substantial percentage of its portfolio. Chandaria Capital has team of 3 people including 1 partners.Key Metrics
Chandaria Capital's List of Top Investments
Chandaria Capital has a portfolio of 30 companies. Their most notable investments are in GET IT and Wasoko.Their portfolio spans across Kenya, Nigeria, India and 6 more locations. They have invested in Retail, Enterprise Applications, Consumer and 17 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Chandaria Capital:
1. Carry1st
Mobile game publisher and developer. It has also developed 'Carry1st Trivia', which is a learn & earn app. The users have to answer multiple-choice questions to win the reward. The app is available on the Android platform.
Key facts about Carry1st
- Founded Year: 2018
- Location: Cape Town (South Africa)
- Stage: Series A
- Total Funding till date: $65.5M
- Employee Count: 126 as on May 31, 2026
- Investors: TTV Capital, Google and 29 Others
- Latest Funding Round: Series A, Oct 23, 2024, $*****
- Highlight: Editors' Pick
2. Wasoko
Online retailer of everyday consumer goods providing delivery services to shops. It offers an application for shop owners to order products. Customer service agents and field sales agents are available to assist with registration. The company provides a credit facility for purchasing goods and later payment.
Key facts about Wasoko
- Founded Year: 2013
- Location: Nairobi (Kenya)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $152M
- Employee Count: 588 as on May 31, 2026
- Investors: TriplePoint Capital, Tiger Global Management and 39 Others
- Latest Funding Round: Series B, Mar 16, 2022, $*****
- Highlight: Editors' Pick
3. Bamboo
Broker-based online trading platform. It provides an online trading platform for the stock market. It enables users to buy and sell stocks through the app-based platform. It features tools for tracking portfolio performance. The app is available for Android and IOS platforms.
Key facts about Bamboo
- Founded Year: 2018
- Location: Lagos (Nigeria)
- Stage: Series A
- Total Funding till date: $17.5M
- Employee Count: 296 as on May 31, 2026
- Investors: Tiger Global Management, ACE & Company and 25 Others
- Latest Funding Round: Series A, Jan 31, 2022, $*****
- Highlight: Editors' Pick
4. Guidewheel
Key facts about Guidewheel
- Founded Year: 2017
- Location: Oakland (United States)
- Stage: Series B
- Total Funding till date: $48M
- Employee Count: 101 as on May 31, 2026
- Investors: DEG, Indicator Fund and 13 Others
- Latest Funding Round: Series B, Aug 13, 2024, $*****
- Highlight: Editors' Pick
Provider of software for EMR. The features of the software are customizable notes, lab & imaging integration, in-patient management, surgery & procedures, integrated pharmacy, automated billing, and patient portal.
Key facts about Helium Health
- Founded Year: 2015
- Location: Lekki (Nigeria)
- Stage: Series B
- Total Funding till date: $42.2M
- Employee Count: 123 as on May 31, 2026
- Investors: Western Technology Investment, ACE & Company and 33 Others
- Latest Funding Round: Series B, Jun 05, 2023, $*****
- Highlight: Editors' Pick
Chandaria Capital's Year-on-Year Investment Trends
Chandaria Capital has invested in 30 companies over the last 9 years, with an average of 2 new investments annually in the last 5 years. Its most recent first time investment was in Sukhiba and most recent follow-on round was in Omnibiz.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
2022 | 7 | 2 | 9 |
2021 | 2 | 0 | 2 |
2020 | 3 | 2 | 5 |
2019 | 1 | 0 | 1 |
2018 | 1 | 1 | 2 |
2017 | 2 | 0 | 2 |
Chandaria Capital's Investments by Stage
Chandaria Capital has made 14 investments in Seed stage with an average round size of $2.69M, 3 investments in Series A stage with an average round size of $23.5M and 1 investment in Conventional Debt stage.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 3 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
Chandaria Capital's Investments by Sector
Chandaria Capital has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, FinTech and Food and Agriculture Tech. Notably, it has invested in 26 Tech companies, 18 Enterprise (B2B) companies, 12 Software companies and at least 11 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 10 |
Retail | 8 |
Enterprise Applications | 7 |
FinTech | 4 |
Food and Agriculture Tech | 4 |
Others | 15 |
Note: We have considered here, only first round of investments
Chandaria Capital's Investments by Geography
Chandaria Capital has made most investments in Kenya (9), followed by Nigeria where it has made 3 investments.Country | No. of Investments |
|---|---|
Kenya | 9 |
Nigeria | 3 |
India | 1 |
Mexico | 1 |
Pakistan | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Chandaria Capital's recent investments
Chandaria Capital has not made any investment in 2026 so far.Here are the most recent investments by Chandaria Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 27, 2023 | Kenya | Seed | 6516 | [+3] | |
May 05, 2023 | Kenya | Seed | 1210 | [+7] | |
Nov 22, 2022 | Kenya | Seed | 6293 | [+6] | |
Aug 19, 2022 | Nigeria | Seed | 2931 | [+4] | |
Aug 19, 2022 | Nigeria | Conventional Debt | 1114 | [+4] |
Acquired companies in Chandaria Capital's Portfolio
1 company from Chandaria Capital's portfolio has been acquired. The most recent acquisition was Lynk in Apr 2022 by Eden for $*****.Here are Chandaria Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 28, 2022 | - | - | 4105 |
Team profile of Chandaria Capital
Chandaria Capital has a team of 3 members including 1 Partner and 1 Principal located in Kenya. Chandaria Capital's team does not sit on the board of any company as of now.Co-investors of Chandaria Capital
Over the past 9 years, 202 investors have co-invested in Chandaria Capital's portfolio companies. This includes funds and angels.
- Invested before Chandaria Capital: Y Combinator, The University of Chicago and 28 others have invested in rounds before Chandaria Capital. There are 4 companies where Y Combinator has invested before Chandaria Capital and 1 company where The University of Chicago has invested before Chandaria Capital.
- Top Co-investors of Chandaria Capital: 104 investors entered a company along with Chandaria Capital. These include investors like Goodwater Capital (3 companies).
- Invested after Chandaria Capital: A total of 68 investors have invested in Chandaria Capital's portfolio after their investments. Top Investors include Avenir Growth Capital (2 companies), Google (2 companies) and Quona (2 companies).
Recent News related to Chandaria Capital
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Kenya’s Fingo partners Ecobank to launch financial services appDisrupt Africa•May 09, 2023•Ecobank, Fingo Africa, HOF Capital, Hustle Fund and 8 others
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Kenyan logistics SaaS Leta snaps $3M to help businesses optimise supply chain through AITech Funding News•Nov 23, 2022•, 4Di Capital, Chandaria Capital, Chui Ventures and 2 others
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Leta, a Kenyan supply chain and logistics SaaS provider, raises $3M to scale in AfricaTechCrunch+•Nov 22, 2022•LETA, 4Di Capital, Chandaria Capital, Chui Ventures and 4 others
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Supply chain and logistics focused Leta receives $3 million investmentegirisim•Nov 22, 2022•Leta, 4Di Capital, Chandaria Capital, Chui Ventures and 4 others
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Nigerian B2B e-commerce platform Omnibiz raises millions to gain and retain retail customersTechCrunch+•Aug 19, 2022•Omnibiz, Timon Capital, Ventures Platform, LoftyInc Capital Management and 5 others
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Kenya’s Jumba bags $1M to help operators of hardware stores restock seamlesslyTechCrunch+•Jun 15, 2022•Seedstars, Enza Capital, Jumba, Chandaria Capital and 7 others
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Fintech Dastgyr raises $37m in Series A round for biggest investment yet at this stage in PakistanDawn•Jun 14, 2022•Dastgyr, Zinal Growth, GoingVC, Astir Ventures and 20 others
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Kenya’s African Originals brewer seeks to raise $700k fundingTechMoran•Jun 06, 2022•African Originals, Chandaria Capital
