Founded
24 Feb 2017
Address
Critical Ideas Inc
San Francisco, CA
United States
Website
VCID: 1037126
Profile
Corporate information
Official name
Critical Ideas Inc
Also known as
Chipper Cash
Registration country
Official name
Critical Ideas Inc
Also known as
Chipper Cash
Registration country
Investment activity status
Active investor
Company type
Modern mobile money marketplace in Africa.Overview
Chipper Cash is the first and largest mobile platform to offer instant cross-border money transfers in Africa. In their commitment to significantly improve access to critical financial services to over 1 billion people living in Africa, all in-country P2P transactions on Chipper Cash are free. It’s as easy as sending a text message.
Funding
Funding rounds
Series B USD 30,000,000
USD 30,000,000 (19 Nov 2020)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Ribbit Capital | Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. | United States | Initial investment. Led the round. |
|
500 Fintech LP | United States | Initial investment. Round participant. | |
|
Bezos Expeditions | Bezos Expeditions manages Jeff Bezos' personal venture capital investments. | Initial investment. Round participant. | |
|
500 Startups Management Co LLC | Seed fund and startup accelerator. | United States | Follow-on investment. Round participant. |
|
Deciens Capital LLC | United States | Follow-on investment. Round participant. | |
|
One Way Ventures | United States | Follow-on investment. Round participant. | |
|
TEN13 | Australia | Follow-on investment. Round participant. |
Series A USD 13,800,000
USD 13,800,000 (16 Jun 2020)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Deciens Capital LLC | United States | Initial investment. Led the round. | |
|
Raptor Group GP LLC | Investment group funding companies across various stages and asset classes, ranging from early stage to both private and public equity to funds. | Initial investment. Led the round. | |
|
Liquid 2 Ventures | Initial investment. Round participant. | ||
|
|
TEN13 | Australia | Initial investment. Round participant. | |
|
|
500 Startups Management Co LLC | Seed fund and startup accelerator. | United States | Follow-on investment. Round participant. |
|
Catalyst Fund | Kenya | Follow-on investment. Round participant. | |
|
|
One Way Ventures | United States | Follow-on investment. Round participant. | |
|
Transition Level Investments Pty Ltd | Australia | Follow-on investment. Round participant. |
(1 Jun 2020)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
500 Startups Management Co LLC | Seed fund and startup accelerator. | United States | Follow-on investment. Round participant. |
Seed USD 6,000,000
USD 6,000,000 (16 Dec 2019)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Deciens Capital LLC | United States | Follow-on investment. Led the round. | |
|
|
500 Startups Management Co LLC | Seed fund and startup accelerator. | United States | Follow-on investment. Round participant. |
|
|
Catalyst Fund | Kenya | Follow-on investment. Round participant. |
Seed USD 2,400,000
USD 2,400,000 (9 May 2019)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
500 Startups Management Co LLC | Seed fund and startup accelerator. | United States | Initial investment. Led the round. |
|
|
Deciens Capital LLC | United States | Initial investment. Led the round. | |
|
|
Catalyst Fund | Kenya | Initial investment. Round participant. | |
|
|
Liquid 2 Ventures | Initial investment. Round participant. | ||
|
|
One Way Ventures | United States | Initial investment. Round participant. | |
|
|
Transition Level Investments Pty Ltd | Australia | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Tribe Capital | Investment firm focused on using product and data science to engineer N-of-1 products, companies and investments. | United States | Initial investment. Round participant. |
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
9Yards Capital Management LP | Private investment firm focused on foundational industries, beginning with fintech and supply chain tech. | United States | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
500 Fintech LP |
+1 (650) 743-4738 |
Series B |
|
|
500 Startups Management Co LLC Seed fund and startup accelerator. |
Seed Series A Series B |
|
|
|
9Yards Capital Management LP Private investment firm focused on foundational industries, beginning with fintech and supply chain tech. |
N/A | |
|
|
Bezos Expeditions Bezos Expeditions manages Jeff Bezos' personal venture capital investments. |
Series B | |
|
|
Catalyst Fund |
Seed Series A |
|
|
|
Deciens Capital LLC |
+1 (650) 489-5303 |
Seed Series A Series B |
|
|
Liquid 2 Ventures |
Seed Series A |
|
|
|
One Way Ventures |
Seed Series A Series B |
|
|
|
Raptor Group GP LLC Investment group funding companies across various stages and asset classes, ranging from early stage to both private and public equity to funds. |
Series A | |
|
|
Ribbit Capital Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. |
Series B | |
|
|
TEN13 |
Series A Series B |
|
|
|
Transition Level Investments Pty Ltd |
Seed Series A |
|
|
|
Tribe Capital Investment firm focused on using product and data science to engineer N-of-1 products, companies and investments. |
N/A |