Daraja Capital Makes 1st Investment in Serac Ventures

Daraja Capital, an investment and advisory firm providing seed capital to new, diversely owned private fund managers and independent sponsors, has made an undisclosed investment in Serac Ventures, an early-stage venture capital firm that invests in technology companies.

The investment is Daraja’s first GP investment since launching its seeding platform in 2023.

This transaction will provide Serac with the capital to launch its first fund vehicle and drive the firm’s growth.

Led by Kevin Moore, Oklahoma City-based Serac will invest in the future of work (SaaS), financial services (fintech) and commerce enablement sectors within the technology industry. The firm targets companies at the seed stage, generally writing checks between $500,000 and $750,000.

Serac aims to identify and nurture startups with nontraditional founders, aligning with Daraja’s mission to “bridge the funding gap for diverse fund managers embarking on their initial fundraising ventures.”

“Our decision to invest in a strategic partnership with Serac is multifaceted. Kevin embodies the qualities we seek in a general partner – he is a person of integrity, possesses a distinctive perspective, has a strong conviction in and passion for his markets and has a long-term orientation,” said Raudline Etienne, founder and CEO of Daraja Capital.