About RCA Ventures
RCA Ventures is a venture capital firm located in United Kingdom. As of Jan 2022, RCA Ventures has invested in 38 companies. It primarily invests in Seed round in Kenya based startups. Its investments are spread across a wide range of sectors from Consumer to FinTech and Enterprise Applications. Most recently it participated in the $***** Seed round of Kotani Pay Overall, RCA Ventures portfolio has seen 1 unicorn and 5 acquisitions including key companies like Chipper Cash, Icebreaker Health and Traction Apps. A lot of funds co-invest with RCA Ventures, with names like P1 Ventures sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
RCA Ventures' List of Top Investments
RCA Ventures has a portfolio of 38 companies, one of which is a Unicorn. Their most notable investments include Paymob and Stitch.Their portfolio spans across United Kingdom, United States, Nigeria and 9 more locations. They have invested in Consumer, FinTech, Enterprise Applications and 20 other sectors, across stages such as Seed stage. Here is the list of top investments by RCA Ventures:1. Paymob
Payment processing solutions for businesses. It features a solution for an online payment gateway to accept and send payments for online business, a POS payment terminal for in-store payments, payment links that allow businesses to share the payment links via WhatsApp, social media messengers, or any other digital channel, payouts to manage and distribute mass payouts to suppliers and employees, and more.
Key facts about Paymob
2. Stitch
Provider of payment infrastructure for online and in-person transaction processing. This platform facilitates payment acceptance through gateways, point of sale terminals, and automated payout systems. It integrates with e-commerce applications to enable various payment methods and provides tools for transaction orchestration, reconciliation, and reporting. The system includes automated fraud detection mechanisms to evaluate transactions and manage payment operations across multiple channels.
Key facts about Stitch
- Founded Year: 2019
- Location: Cape Town (South Africa)
- Stage: Series B
- Total Funding till date: $109M
- Employee Count: 194 as on Aug 31, 2026
- Investors: Glynn Capital, QED Investors and 58 Others
- Latest Funding Round: Series B, Mar 25, 2025, $*****
- Highlight: Editors' Pick
3. Chipper Cash
Cross-border remittance platform for individuals. It enables users to connect multiple mobile money accounts to the wallet and use the wallet to transfer money globally. The application is available on iOS and Android platforms.
Key facts about Chipper Cash
- Founded Year: 2018
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $305M
- Employee Count: 237 as on Sep 30, 2026
- Investors: 137 Ventures, Rocketship and 45 Others
- Latest Funding Round: Series C, Nov 02, 2021, $*****
- Highlight: Editors' Pick
Lemonaid is an app, a part of Icebreaker Health, that offers patient counselling for conditions like acid reflux, erectile dysfunction, flu, hair loss, urinary tract infections and prescription of birth control pills. The visits cost $15 a piece and the company promises a two-hour turnaround time. After the patient fills out a questionnaire, the doctor can write them a prescription and send it to a local pharmacy. User can pick up their prescription and pay at the pharmacy.
Key facts about Icebreaker Health
- Founded Year: 2014
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $64.7M
- Employee Count: 182 as on Dec 31, 2022
- Investors: Firebolt Ventures, Three Leaf Ventures and 14 Others
- Latest Funding Round: Series B, Jul 31, 2020, $*****
- Highlight: Acquired
Developer of rapid-acting psychedelic medicines for mental health disorders. The firm targets neurological and psychiatric conditions with short-duration psychedelics, aiming for scalable treatments that allow quick patient discharge, often within two hours.
Key facts about Beckley Psytech
- Founded Year: 2019
- Location: Oxford (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $153M
- Employee Count: 29 as on Jul 31, 2026
- Investors: Bain Capital, Adage Capital Management and 28 Others
- Latest Funding Round: Series B, Jan 04, 2024, $*****
- Highlight: Editors' Pick
RCA Ventures' Year-on-Year Investment Trends
Its most recent first time investment was in Kotani Pay.RCA Ventures' Investments by Stage
RCA Ventures has made 1 investment in Seed stage.RCA Ventures' Investments by Sector
RCA Ventures has a diverse portfolio, with companies operating in the Blockchain Technology, FinTech and High Tech. Notably, it has invested in 31 Tech companies, 21 Enterprise (B2B) companies, 16 Consumer (B2C) companies and at least 16 companies focusing on Software.Sector | No. of Investments |
|---|---|
Blockchain Technology | 1 |
FinTech | 1 |
High Tech | 1 |
Note: We have considered here, only first round of investments
RCA Ventures' Investments by Geography
RCA Ventures has made most investments in Kenya (1).RCA Ventures' recent investments
RCA Ventures has not made any investment in 2026 so far.Here are the most recent investments by RCA Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 20, 2022 | Kenya | Seed | 8281 | [+4] |
Unicorns in RCA Ventures' Portfolio
RCA Ventures has 1 unicorn in its portfolio - Chipper Cash. The most recent unicorn in their portfolio is Chipper Cash which became a unicorn in 2021, 5 years before RCA Ventures first invested in it.Here is a list of unicorns in RCA Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
68 | Cross-border remittance platform for individuals | 2018 | San Francisco | Series C | mfvyvhm |
Acquired companies in RCA Ventures' Portfolio
5 companies from RCA Ventures' portfolio have been acquired. The most recent acquisition was Traction Apps in Oct 2024 by OmniRetail for $*****.Here are RCA Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 21, 2024 | - | - | 3615 | |
Aug 17, 2023 | - | - | 9016 | |
Dec 22, 2022 | - | - | 3215 | |
Sep 05, 2022 | - | - | 1895 | |
Oct 22, 2021 | - | - | 8183 |
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Co-investors of RCA Ventures
Over the past 4 years, 7 investors have co-invested in RCA Ventures's portfolio companies. This includes funds and angels.
- Invested before RCA Ventures: UNICEF Innovation Fund has invested before RCA Ventures.
- Top Co-investors of RCA Ventures: 5 investors entered a company along with RCA Ventures. These include investors like P1 Ventures (1 company).
- Invested after RCA Ventures: Tether (1 company) is the only investor which has invested in RCA Ventures's portfolio after their investments.
