About CrossBoundary
CrossBoundary is a company based in Nairobi (Kenya) founded in 2011 by Matt Tilleard and Jake Cusack.. CrossBoundary has raised $148 million across 5 funding rounds from investors including Microsoft, Bank of America and Norfund. CrossBoundary offers products and services including CrossBoundary Advisory, CrossBoundary Energy, CrossBoundary Access, CrossBoundary Real Estate, and Fund for Nature.
- Headquarter Nairobi, Kenya
- Founders Matt Tilleard, Jake Cusack
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$148 M (USD)
in 5 rounds
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Latest Funding Round
$35 M (USD), Series C
Oct 05, 2023
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Investors
Microsoft
& 6 more
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Employee Count
Employee Count
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Products & Services of CrossBoundary
CrossBoundary offers a comprehensive portfolio of products and services, including CrossBoundary Advisory, CrossBoundary Energy, CrossBoundary Access, CrossBoundary Real Estate, and Fund for Nature. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides guidance on investments in underserved markets
Manages renewable energy projects globally
Facilitates capital deployment in mini-grids
Develops housing in emerging markets
Finances nature-based climate solutions
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Funding Insights of CrossBoundary
CrossBoundary has successfully raised a total of $148M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $35 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $35.0M
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First Round
First Round
(08 Dec 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series C - CrossBoundary | Valuation | African Development Bank Group | |
| Jul, 2022 | Amount | Series C - CrossBoundary | Valuation | Norfund | |
| Jun, 2022 | Amount | Series B - CrossBoundary | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CrossBoundary
CrossBoundary has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Microsoft, Bank of America and Norfund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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It invests in developing countries to create jobs and improve lives
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Founded Year | Domain | Location | |
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Development financing is extended to African projects across sectors.
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Founded Year | Domain | Location | |
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Microsoft is recognized for software, hardware, and gaming solutions.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CrossBoundary
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CrossBoundary
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Crossboundary Comparisons
Competitors of CrossBoundary
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Crossboundary
Frequently Asked Questions about CrossBoundary
When was CrossBoundary founded?
CrossBoundary was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is CrossBoundary located?
CrossBoundary is headquartered in Nairobi, Kenya.
Is CrossBoundary a funded company?
CrossBoundary is a funded company, having raised a total of $148M across 5 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Dec 08, 2015.
What does CrossBoundary do?
CrossBoundary offers CrossBoundary Advisory, CrossBoundary Energy, CrossBoundary Access, CrossBoundary Real Estate, Fund for Nature while focusing on investment industry, infrastructure funds, and funds. Infrastructure fund focused on investing in the energy sector. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs.
What products or services does CrossBoundary offer?
CrossBoundary offers CrossBoundary Advisory, CrossBoundary Energy, CrossBoundary Access, CrossBoundary Real Estate, and Fund for Nature.
Who are CrossBoundary's investors?
CrossBoundary has 7 investors. Key investors include Microsoft, Bank of America, Norfund, African Development Bank Group, and KLP.