TLDR:
– Daraja Capital announced a strategic investment in Serac Ventures, an early-stage venture capital firm.
– Serac Ventures plans to invest in technology companies in sectors like SaaS, fintech, and commerce enablement.
Daraja Capital has made a strategic investment in Serac Ventures, an early-stage venture capital firm led by Kevin Moore. This investment will allow Serac to launch its first fund vehicle and accelerate its growth in the technology industry. Serac plans to focus on investing in future work, financial services, and commerce enablement sectors. Kevin Moore, with 18 years of experience in finance and private market investing, serves as the Founder and General Partner of Serac Ventures. Prior to Serac, Moore was a Partner at Spur Capital Partners and Director of Angel Investments and Venture Advisor at i2E.
Daraja Capital’s mission is to bridge access and knowledge gaps for diverse entrepreneurs and fund managers raising funds for the first time. The partnership with Serac is seen as a strategic move by Daraja to position Serac for accelerated growth in the venture investing space. The partnership provides Serac Ventures with credibility in the marketplace and access to Daraja’s expertise in the private markets industry. Raudline Etienne, the Founder and CEO of Daraja Capital, expressed confidence in Kevin Moore’s investment thesis and vision for leading Serac Ventures.
Overall, the strategic investment by Daraja Capital in Serac Ventures highlights the importance of providing support to diverse entrepreneurs and fund managers in the private markets industry. With a focus on bridging gaps and celebrating talent, Daraja Capital aims to drive successful outcomes for its managers and investors through flexible capital and aligned partnerships.
