Aveade is a South African technology company that operates an online marketplace, facilitating the purchase of products and services from various businesses. It offers services such as Aveade.com and Aveade Distribution, aiming to make these items accessible to a wider audience. The company's platform integrates robust technology for online marketplace, advertising, distribution, and logistics, helping clients optimize operations, expand reach, and improve business performance.
Pibox
Venture Round in 2024
Founded in 2014, Pibox develops a cloud-based messenger application for mobile and web platforms. Its primary features include secure messaging, file sharing and management, synchronization, and file-centered chats.
Hideez Group
Grant in 2024
Hideez Group is a cybersecurity company that designs authentication devices and software to secure physical and logical access. It develops hybrid hardware and software solutions, including the Hideez Key, a wireless authentication and password-management device that also handles RFID credentials and digital signatures. The solution relies on encrypted Bluetooth, RFID, and NFC technologies, with proprietary encryption protocols and platform-agnostic compatibility to complement existing vendors. It provides passwordless identity management software that consolidates authentication workflows, using proximity sensing, one-time passwords, smart cards, and full-day authentication to improve security, compliance, and operational efficiency for organizations.
Rana Energy
Non Equity Assistance in 2024
Rana Energy is a company dedicated to delivering sustainable and innovative energy solutions aimed at promoting a greener Africa. Specializing in solar and renewable energy, Rana Energy focuses on democratizing access to clean energy systems. The company offers long-term solar subscriptions that empower both businesses and residential customers to transition away from reliance on backup generators. Through its customer-centric approach, Rana Energy seeks to enhance energy accessibility while contributing to environmental sustainability.
Triply.co is a digital travel booking platform focused on enhancing tourism experiences, particularly for small businesses in Africa. The platform enables hosts to create and market their own travel packages, facilitating direct sales to travelers and eliminating the need for intermediaries. By providing a streamlined interface, Triply.co allows tourism operators to connect directly with potential customers, thereby increasing their visibility and booking opportunities. This approach not only supports local businesses but also enriches the travel experiences available to visitors seeking unique adventures.
Nobuk Africa
Non Equity Assistance in 2024
Nobuk is a payments reconciliation company enabling groups and collectives in Africa collect funds effortlessly and automatically reconcile and organize records into easily shareable reports.
NextCounsel
Non Equity Assistance in 2024
NextCounsel is a Lagos, Nigeria-based provider of legal technology solutions that help law firms and related organizations streamline operations and boost productivity. The platform combines practice and case management, time and billing automation, document management, and accounting, with human resources information systems and contract management to support a complete legal ecosystem. It also offers features for customer relationship management and company secretarial workflows, enabling centralized organization of contacts, matters, invoices, and documents. Founded in 2017, NextCounsel aims to simplify day-to-day legal operations through integrated software that improves efficiency and oversight across legal processes.
Malloc
Non Equity Assistance in 2024
Malloc is a U.S.-based cybersecurity startup with operations in Cyprus. Founded in 2021, the company develops mobile applications focused on data privacy and security. Their flagship product uses AI-driven technology to monitor and prevent unauthorized recording or transmission of data from users' devices, alerting users to potential threats without compromising device performance. Malloc has received seed funding following its participation in Y Combinator's accelerator program.
Authologic
Non Equity Assistance in 2024
Founded in 2020 by Krzysztof Klimczak, Jarek Sygitowicz, and Marek Rogoziński, Authologic is a Polish company specializing in digital identity verification. It offers solutions that enable secure and simplified identity checks across online platforms, utilizing decentralized identity attestations and privacy-preserving data control mechanisms.
Garri Logistics
Non Equity Assistance in 2023
Garri Logistics is a digital platform that streamlines cargo transportation in Ethiopia. It connects shippers and importers with approved carriers, offering services such as real-time tracking, frequent updates, and analytics to ensure efficient and reliable freight movement.
scanO
Non Equity Assistance in 2023
scanO is an innovative company based in Pune, India, founded in 2020, that specializes in AI-driven dental checkups through its mobile app. The app allows users to scan their teeth and receive immediate feedback on their oral health, facilitating personalized recommendations and tracking health over time. With a user base exceeding 50,000, scanO has successfully scanned over 3.85 million teeth and identified 7.2 million health issues across multiple countries, including India, UAE, South Africa, Zambia, and the Philippines. By combining cutting-edge technology with dental expertise, scanO aims to make dental care accessible, convenient, and a daily priority for individuals. The company's mission is to redefine preventive oral care globally, emphasizing the importance of regular oral health assessments to prevent serious diseases. Through its commitment to innovation and comprehensive dental wellness services, scanO is shaping the future of oral care with the goal of improving lives through better oral health practices.
Uzapoint
Non Equity Assistance in 2023
Uzapoint is an Enterprise Resource Planning mobile application tailored for kiosks across Africa. It automates business operations, facilitates communication between retailers, suppliers, and customers, and provides real-time sales and stock level information via its business intelligence tool.
Periculum
Non Equity Assistance in 2023
Periculum develops an advanced data intelligence platform that leverages artificial intelligence and machine learning models. This platform processes large datasets, extracts meaningful insights, and automates data-driven workflows to enhance efficiency, optimize operations, and facilitate informed strategic decisions.
Excel@Uni
Non Equity Assistance in 2023
Excel@Uni, established in 2018 and located in Cape Town, Western Cape, focuses on enhancing educational outcomes for youth by providing comprehensive support services throughout their university experience. The company specializes in bursary administration, managing various aspects of the bursary ecosystem, including recruitment, selection, monitoring, documentation, reporting, and providing ongoing support to bursars. By streamlining these processes, Excel@Uni aims to increase students' chances of graduating and to better prepare them for future employment opportunities.
ORDA
Non Equity Assistance in 2023
ORDA is a cloud-based restaurant operating system built for African chefs and food business owners. ORDA's ePos, integrations, and lending solutions enable Africa’s millions of food business owners to scale and grow their business.
The company was founded in 2020 and is based in Lagos, Nigeria.
Raenest
Non Equity Assistance in 2023
Raenest is a financial technology company that provides a comprehensive platform for startups and freelancers to manage invoicing and payments across multiple currencies. The company streamlines the process of sending invoices, receiving deposits, and processing payments, allowing users to easily pay contractors, vendors, and freelancers globally. Raenest's services include automated onboarding and verification, as well as the creation of virtual cards, which facilitate efficient coordination of payments while ensuring compliance with tax regulations. By offering fast and cost-effective money transfers, Raenest empowers African individuals and businesses to navigate the complexities of cross-border transactions with ease.
Herconomy (Ex AGS Tribe)
Non Equity Assistance in 2023
Herconomy is the first bank for women in Nigeria. Women can build their finances and capacities, collaborate, and access opportunities. Empower women in Nigeria and beyond to be financially independent, thereby contributing to the socioeconomic growth of their ecosystem.
Charis Unmanned Aerial Solutions
Non Equity Assistance in 2023
CHARISUAS is the first ever unmanned Aerial vehicles leading company in Rwanda. We provide diversified services in UAV industries. These include UAS consulting, UAV building and system integration, pilot and safety training, maintenance of UAVs and much more. Our reputation and professionalism has helped to obtain hard to get exclusive permits to fly in restricted areas.
EzyAgric
Non Equity Assistance in 2023
EzyAgric is an ag-tech company that digitizes agricultural value chains and connects farmers and agribusinesses to inputs, markets, and financial services. Through its mobile and web platforms, it provides access to genuine agro-inputs, extension advisory content, GPS garden mapping, and farm records management, enabling farmers to improve production, manage operations, and secure profitable market opportunities. The platform also collects information about farmers to support data-driven decisions, lower the cost of mobilizing resources, and bridge information and service delivery gaps across the value chain. By promoting digitization and data-driven farming in Uganda, EzyAgric aims to raise crop yields, enhance efficiency, and expand access to financing and services for farmers and agribusinesses.
Evolve Credit
Non Equity Assistance in 2023
Evolve Credit is a Nigerian fintech company founded in 2020, headquartered in Lagos. It operates an online platform that empowers consumers to explore, compare, and apply for various loan products tailored to different needs, including personal loans, SME loans, and options for salary earners and the unemployed. The platform provides expert reviews, ratings, and comparisons based on price, interest rates, and other terms. Additionally, Evolve Credit offers a Software as a Service (SaaS) core banking platform that enables financial institutions to streamline, digitize, and manage deposit, lending, and recovery services efficiently. This platform includes no-code tools designed to offer personalized customer banking experiences both online and offline.
Jumba
Non Equity Assistance in 2023
Jumba is a construction technology platform based in Nairobi, Kenya, established in 2022, that streamlines B2B procurement of construction materials and financing. The platform allows hardware stores and construction firms to order a wide range of materials (cement, steel, paint, tiles, plumbing, electrical components, glass, kitchen and bathroom finishes) and to pay later. It aggregates materials from multiple suppliers, manages logistics and financing, and provides transparent pricing, quality control, and efficient delivery options. By offering a dependable sourcing channel and consolidated procurement, Jumba aims to help projects stay on budget and on schedule.
Zydii
Non Equity Assistance in 2023
Founded in 2016, Zydii operates an online learning platform tailored for African businesses. It offers localized digital courses accessible via online and offline methods (USSD & SMS), focusing on upskilling employees with affordable, relevant personal development and technical skills courses.
BezoMoney
Non Equity Assistance in 2023
BezoMoney operates a digital savings platform from Accra, Ghana, offering a personal e-wallet and a group e-wallet for social savings via a mobile app. It serves low-income earners by enabling regular saving, access to bulk capital through group savings, and tools to improve creditworthiness. The platform features a lock option on the personal wallet and uses a machine-learning based points system that rewards consistency with benefits such as discounts and potential investment options. A rotational group savings model ties members within a network, promoting transparency, accountability and security of savings as users progress toward financial independence.
Zydii
Non Equity Assistance in 2023
Founded in 2016, Zydii operates an online learning platform tailored for African businesses. It offers localized digital courses accessible via online and offline methods (USSD & SMS), focusing on upskilling employees with affordable, relevant personal development and technical skills courses.
AfriWell Health
Non Equity Assistance in 2023
AfriWell Health is a digital health platform designed to efficiently connect patients with healthcare professionals in Africa. It aims to provide whole-person healthcare, enabling remote consultations and overcoming specialist scarcity.
BuuPass
Pre Seed Round in 2023
BuuPass operates a transportation marketplace and ticketing platform that simplifies booking for bus, shuttle, and train services in Kenya and other markets. The company partners with transport operators to provide digital solutions that enable commuters to search, reserve seats, and pay conveniently, often via mobile and SMS channels. As one of the early movers in digital transport booking in Kenya, BuuPass aims to connect travelers with available departures, helping users save time and choose options that fit their schedules and budgets. The platform supports local urban travel by enabling automated ticketing and easy payments, with a focus on reliability, accessibility, and seamless user experience for everyday mobility.
SorbiForce
Non Equity Assistance in 2022
SorbiForce is an American startup developing sustainable battery technology. It aims to transition the world to clean energy by creating non-metallic, eco-friendly batteries made from renewable raw materials like carbon, salt, and water. These batteries are designed to be cost-effective, safe, and have zero environmental impact.
Carepay - Care fintech solution
Pre Seed Round in 2022
The CarePay is creating a new way to pay for care that is more affordable and accessible. With CarePay, you can get the care you need when you need it without having to worry about the cost.
Our Care Now Pay Later model combines membership benefits and health insurance. We offer different payment options including monthly instalments and no-interest financing.
The Care Now Pay Later model is a relatively new concept in the Asian market, so there are not many direct competitors yet. However, there are a number of companies that offer similar services, such as:
Atome: Atome is a Singapore-based BNPL company that offers instalment plans for online and offline purchases. It is currently available in 7 countries in Southeast Asia, including Singapore, Malaysia, Thailand, Indonesia, Vietnam, the Philippines, and Hong Kong.
Hoolah: Hoolah is an Australian BNPL company that offers instalment plans for online and offline purchases. It is currently available in Australia, Singapore, and New Zealand.
Splitit: Splitit is an Israeli BNPL company that offers instalment plans for online and offline purchases. It is currently available in 40 countries, including the United States, Canada, the United Kingdom, and Australia.
Sezzle: Sezzle is an American BNPL company that offers instalment plans for online purchases. It is currently available in the United States, Canada, Australia, and the United Kingdom.
Klarna: Klarna is a Swedish BNPL company that offers instalment plans for online and offline purchases. It is currently available in 17 countries, including the United States, Canada, the United Kingdom, and Australia.
These companies all offer similar services to Care Now Pay Later, but they may have different features and fees. It is important to compare the different options available before choosing a BNPL provider.
The Care Now Pay Later model is still a relatively new concept in the Asian market, so it is likely that more competitors will emerge in the future. This is because the BNPL market is growing rapidly in Asia, and there is a demand for more flexible payment options.
We can capture a significant share of the $600M billion dollar care market in Asia.
It is expected to grow at a CAGR of 5.5% from 2023 to 2030, reaching $914 billion by 2030.
If you're looking for a more affordable and accessible way to pay for care, then CarePay is your solution. Visit our website https://carepay.mn/ or contact us to learn more.
Just Add Honey
Non Equity Assistance in 2022
Just Add Honey, established in 2006 and based in Atlanta, GA, is a specialty food and beverage company. It offers a curated selection of loose-leaf teas, artfully blended with global flavors, designed to be both delightful and refreshing. The company also provides tea accessories, aiming to deliver these thoughtful blends directly to customers' doorsteps.
Almexoft
Non Equity Assistance in 2022
Almexoft is a software company specializing in electronic document management and business process automation. They offer solutions for automating business operations, upgrading IT landscapes, and deploying new business solutions.
BuuPass
Non Equity Assistance in 2022
BuuPass operates a transportation marketplace and ticketing platform that simplifies booking for bus, shuttle, and train services in Kenya and other markets. The company partners with transport operators to provide digital solutions that enable commuters to search, reserve seats, and pay conveniently, often via mobile and SMS channels. As one of the early movers in digital transport booking in Kenya, BuuPass aims to connect travelers with available departures, helping users save time and choose options that fit their schedules and budgets. The platform supports local urban travel by enabling automated ticketing and easy payments, with a focus on reliability, accessibility, and seamless user experience for everyday mobility.
Flexpay
Non Equity Assistance in 2022
Flexpay operates a digital payment platform that facilitates electronic transactions. Its services include Flex Rent for commercial and residential rent payments, Flex Travel for holiday packages, and Flex Retail for payments at partner merchants.
Haul247
Non Equity Assistance in 2022
Haul247 is a technology-driven logistics company streamlining Nigeria's freight industry. Its cloud-based platform offers trucking, warehousing, tracking, and reverse haulage services, powered by AI for efficient decision-making.
Bookings Africa
Grant in 2022
Bookings Africa, established in 2018, is a pioneering online marketplace that connects clients in the entertainment, media, and lifestyle industries with creative professionals across Africa. Its platform enables users to efficiently source, compare, and book services such as models, makeup artists, voiceover artists, DJs, and filming locations. With a mission to reduce unemployment and foster creativity among African youth, Bookings Africa leverages technology to empower freelancers, facilitating secure online payments and transactions. The company, headquartered in Lagos, Nigeria, also has operations in Kenya and Johannesburg, South Africa, benefiting all stakeholders, including service providers, clients, employees, and local media communities.
LifeBank
Non Equity Assistance in 2022
LifeBank is a healthcare logistics company that delivers critical medical supplies to hospitals and blood banks across Africa. It operates an enterprise marketplace and mobile app that enables hospitals and blood banks to source blood, blood products, oxygen, and other medical consumables and coordinates multi-modal delivery to care facilities. Founded in 2015 and based in Lagos, Nigeria, LifeBank combines digital sourcing with rapid logistics to improve on-time delivery, including rare medicines, supporting clinicians during emergencies.
TQIntelligence
Non Equity Assistance in 2022
TQIntelligence, Inc., established in 2016 and based in Atlanta, Georgia, specializes in voice-based artificial intelligence for mental health assessment. The company's platform integrates diverse data sources to provide cognitive insights, enabling risk stratification, tracking treatment outcomes, and personalized behavioral interventions. Key products include TQ-Intelligence, which offers insights from voice/speech analytics and other psychometrically validated instruments, and TQ Analytics, leveraging existing EMR data for actionable insights. The platform features machine learning analytics, knowledge graph, and real-time prediction capabilities to support healthcare professionals in diagnosing mental health issues more effectively, particularly for children who may struggle to communicate their distress.
Yosh.AI
Non Equity Assistance in 2022
Yosh.AI is a deep tech company that specializes in automating communication between businesses and their customers through AI voice and text assistants. The company focuses on enhancing the retail experience by enabling voice commerce and integrating with platforms such as Google Assistant and Alexa. Yosh.AI's solutions include advanced voice search, product purchasing capabilities, and automated customer service functions like handling FAQs and tracking deliveries. Additionally, the company offers visual search tools and automated tagging services to further support retailers in streamlining operations and improving user engagement. Recognized for its innovative contributions, Yosh.AI has received numerous accolades, including awards for best tech startup in retail and recognition from Forbes for its impact on the future of retail. The company has established partnerships with major retailers and banks, implementing its technology across various sectors in the UK and Poland.
Propel operates an on-demand platform that connects freelancers with clients seeking services in design, content writing, web and mobile applications, video production, and website design. Founded in 2017 and based in Lagos, Nigeria, the platform leverages blockchain technology to match suitable freelancers with projects and establish competitive pricing for services. Propel focuses on offering access to a diverse pool of skilled talent from Africa, catering to global clients. The platform segments its services into three tiers—P2P, EP, and FT—to create a reliable talent funnel. It provides tools for effective collaboration, communication, and project delivery, alongside features such as automated price regulation and streamlined payment processing, enabling companies to efficiently manage remote teams.
Attention Insight
Non Equity Assistance in 2022
Attention Insight is a technology company based in Vilnius, Lithuania, with an additional office in Hamburg, Germany, founded in 2019. It specializes in developing an AI-based platform that leverages deep learning to enhance consumer visual engagement monitoring. The company offers a software as a service (SaaS) solution that utilizes predictive eye-tracking algorithms to analyze design and content effectiveness. By generating heatmaps that indicate where users are likely to focus their attention, Attention Insight enables businesses to make data-driven decisions regarding their design strategies. This approach allows organizations to improve advertising campaign results and design performance without the need for labor-intensive data collection, thereby streamlining the process of visual engagement assessment.
BAG Innovation
Non Equity Assistance in 2022
BAG Innovation Ltd is a digital platform based in Kigali, Rwanda, that connects academic institutions and businesses in East Africa. Established in 2017, the company offers a gamified experience for university students, providing access to various internship programs and skills development modules. Through its platform, BAG Innovation collaborates with employers to deliver interactive assessments that align with industry skill requirements, enabling students to build personalized skills profiles and receive tailored career guidance from the beginning of their studies. This approach allows businesses to efficiently engage with a larger pool of students for internships, facilitating work-life experience transfer without additional effort. The company's innovative use of gamification, developed by a team that includes creators from the gaming industry, enhances student engagement and retention. BAG Innovation operates on a freemium model, attracting users while generating revenue through premium subscriptions for businesses and educational institutions, thereby integrating career development support into university curricula.
PesaChoice
Non Equity Assistance in 2022
PesaChoice provides cloud-based HR management solutions tailored for the African market. It offers payroll processing, compliance assistance, benefits administration, and other features to help organizations efficiently manage their workforce in Africa.
Zuberi Technologies Limited
Non Equity Assistance in 2022
Zuberi Technologies Limited operates in the HR-Fintech sector, focusing on innovative payment solutions in Africa. The company offers Zuberi Pay, an on-demand mobile employee benefits application designed to provide salaried workers with daily access to their earnings instead of waiting for month-end payouts. This interest-free mobile alternative to traditional digital loans aims to enhance financial well-being among employees. Zuberi Technologies partners with African companies that prioritize employee welfare, enabling organizations to improve workplace satisfaction and financial security through their unique platform.
Gamr
Non Equity Assistance in 2022
Gamr is an online subscription platform dedicated to enhancing the gaming experience for players and tournament organizers in Africa. It provides a space for gamers to interact and engage with one another while facilitating the hosting of competitive eSports events. The platform leverages artificial intelligence and real-time performance data to offer coaching services to players, thus improving their skills and competitiveness. Gamr's mission is to advance gaming culture and eSports on the continent by building robust infrastructure that supports both aspiring professional players and tournament organizers.
Eversend
Non Equity Assistance in 2022
Eversend is a company that develops a multi-currency e-wallet that lets users exchange, spend, and send money across currencies. The platform supports currency exchange, crypto purchases, virtual cards, and payments to bank accounts and mobile wallets, using a digital gateway and blockchain technology to reduce fees and foreign exchange costs. Based in Paris, France, Eversend plans to expand its offering to include personal loans, savings and group savings, merchant payments, and investments in the future.
Exuus
Non Equity Assistance in 2022
Founded in 2014, Exuus is a fintech company based in Kigali, Rwanda. It develops web-based software services, including Cartix and Save. Cartix optimizes operational performance for organizations, while Save empowers savings groups digitally through a comprehensive ledger handling system.
Eden Life
Non Equity Assistance in 2022
Eden Life is a technology-driven service provider that simplifies daily living by offering subscription-based marketplace solutions for essential household tasks such as laundry, cleaning, meal delivery, and more. Operating primarily in Nigeria and Kenya, the company aims to enhance users' quality of life through convenient access to these services.
Wella Health
Non Equity Assistance in 2022
WellaHealth is a startup focused on improving healthcare access for low-income individuals and families in Nigeria. The company has developed a digital triage bot that provides guidance based on the Nigeria Centre for Disease Control guidelines, allowing users to log their health responses for potential follow-up by public health authorities. In addition to this innovative tool, WellaHealth offers micro-health insurance plans that target prevalent diseases, providing affordable coverage for treatments and medications. Their platform connects users to a network of pharmacies and healthcare professionals, enabling them to manage their health needs without facing significant financial strain.
HerVest
Non Equity Assistance in 2022
HerVest is a fintech company dedicated to improving financial inclusion for underserved African women. It offers savings, impact investing, and credit services tailored for smallholder women farmers and women-led businesses in Nigeria.
Rekisa
Non Equity Assistance in 2022
Rekisa is a South African online marketplace that facilitates the buying and selling of a wide array of items, including second-hand goods, vehicles, properties, and services. It manually reviews and approves each advertisement to ensure quality and deter fraudulent activities, aiming to provide a secure and trustworthy platform for its users. The platform is accessible via desktop, tablets, and smartphones, and its name, Rekisa, is derived from the Setswana word for 'sell'.
LifeBank
Non Equity Assistance in 2022
LifeBank is a healthcare logistics company that delivers critical medical supplies to hospitals and blood banks across Africa. It operates an enterprise marketplace and mobile app that enables hospitals and blood banks to source blood, blood products, oxygen, and other medical consumables and coordinates multi-modal delivery to care facilities. Founded in 2015 and based in Lagos, Nigeria, LifeBank combines digital sourcing with rapid logistics to improve on-time delivery, including rare medicines, supporting clinicians during emergencies.
KudiGo
Non Equity Assistance in 2022
KudiGo offers a mobile-based integrated platform for informal consumer retailers in Africa, combining retail operations, accounting, payments, and analytics to help users gain oversight, adopt efficient bookkeeping practices, and promote financial inclusion. The solution leverages big data and blockchain to enhance transparency and provide real-time visibility for manufacturers and distributors within its niche market.
Garri Logistics
Non Equity Assistance in 2022
Garri Logistics is a digital platform that streamlines cargo transportation in Ethiopia. It connects shippers and importers with approved carriers, offering services such as real-time tracking, frequent updates, and analytics to ensure efficient and reliable freight movement.
Bailport
Non Equity Assistance in 2022
Bailport is a developer of a multi-currency e-wallet that leverages blockchain technology to provide low-cost payment solutions primarily targeting the African market. The platform allows users to exchange, save, and send money instantly at competitive rates. As a mobile-only banking alternative, Bailport facilitates seamless money transfers from Africa to the rest of the world, aiming to enhance financial accessibility and efficiency for its users.
Zuri Health
Non Equity Assistance in 2022
Founded in 2020, Zuri Health is a Kenyan telemedicine company offering affordable healthcare solutions via apps, websites, and SMS. It facilitates lab tests, doctor consultations, medication delivery, and home visits.
Flex Finance
Non Equity Assistance in 2022
Flex Finance is a spend management platform designed to help African businesses effectively manage their finances. It offers mobile, web, and corporate card solutions to streamline spending and provide insights for better budgeting.
Built..africa
Non Equity Assistance in 2022
Built.Africa is a provider of comprehensive accounting and financial services tailored for small and medium-sized enterprises (SMEs) in Africa. The company offers a range of solutions, including online accounting software that facilitates business transactions, generates personalized invoices, and produces financial statements. Built.Africa is committed to supporting entrepreneurs by enabling them to manage their finances effectively, track expenses, and monitor due bills, thereby fostering wealth creation and job opportunities within their communities. With a team of chartered accountants, financial analysts, developers, and marketers, the organization strives to enhance the financial prosperity of SMEs across the continent.
Empath
Non Equity Assistance in 2022
Empath Inc., established in Tokyo, Japan in 2017, specializes in developing artificial intelligence software that identifies emotion from human voice in real-time, regardless of language spoken. The company's primary product is Web Empath API/SDK, which integrates vocal emotion AI into users' products and services. Additionally, they offer My Mood Forecast, an employee assistance program application for mood tracking via voice analysis, and Smart Call Center, a tool that visualizes customers' and operators' emotions in real-time during calls. Empath's technology has been recognized with awards such as the 1776 Challenge Cup Tokyo 2017 and Accenture Innovation Award at GITEX 2017 in Dubai.
Finityx
Non Equity Assistance in 2022
FinityX is an Israeli deep-tech startup specializing in the development of adaptive autonomous AI infrastructure for complex systems like financial markets. The company has created a fully autonomous decision-making system that produces advanced AI products tailored for various capital market participants. FinityX's technology integrates sophisticated AI, deep learning algorithms, and big data to generate significant investment insights. Their platform is designed to help investment managers and business analysts automate financial processes, identify hidden correlations and patterns, and coalesce multiple datasets into meaningful investment opportunities. This enables financial institutions to enhance efficiency and gain deeper market understanding.
Pravosud
Non Equity Assistance in 2022
Pravosud is a legal research and analysis platform designed to facilitate navigation of the Ukrainian legal system. The system offers a comprehensive database of court judgments, legal documents, and legislation, enabling users to efficiently search for and analyze relevant legal information. It provides automatic notifications on pertinent court cases and legal changes, which helps lawyers, businesses, and individuals stay informed and make informed decisions. Additionally, Pravosud supplies essential tools within a single application, catering to the needs of legal professionals and software developers focused on legal innovations.
Mate Academy
Non Equity Assistance in 2022
Mate Academy is an educational technology startup founded in 2015 and based in Kyiv, Ukraine. The institution focuses on teaching individuals to code from scratch, providing comprehensive online training in various programming languages. It offers its services entirely free of charge until students secure employment. This model allows aspiring programmers to access high-quality educational content and build their careers in technology without financial constraints. With a commitment to fostering talent globally, Mate Academy aims to equip learners with the skills needed to succeed in the tech industry through real-time instruction from experienced educators.
Coralogix
Non Equity Assistance in 2022
Founded in 2013, Coralogix offers a machine learning-powered log analytics solution for managing large-scale system data. Its Streama technology provides real-time insights and long-term trend analysis without relying on storage or indexing, helping engineering teams troubleshoot software issues efficiently.
Rewire
Non Equity Assistance in 2021
Rewire Ltd. is a fintech company that specializes in providing remittance and digital banking services primarily for migrants. Founded in 2015 and based in Modi'in-Maccabim-Re'ut, Israel, Rewire offers a platform that enables users to send money from Israel to various countries, including the Philippines, India, Thailand, Nepal, Sri Lanka, and Russia. The company's services include mobile and online remittance orders, money deposits, and notifications for beneficiaries upon receipt of funds. Rewire aims to enhance financial accessibility for immigrants by integrating banking services into its platform, which includes payment accounts, debit cards, and plans for additional services like bill payments, insurance, loans, and investments. Through its innovative technology and commitment to inclusivity, Rewire seeks to improve the financial security of international workers and their families, helping them manage their finances across borders more effectively.
Coralogix
Non Equity Assistance in 2021
Founded in 2013, Coralogix offers a machine learning-powered log analytics solution for managing large-scale system data. Its Streama technology provides real-time insights and long-term trend analysis without relying on storage or indexing, helping engineering teams troubleshoot software issues efficiently.
7Chairs
Non Equity Assistance in 2021
7Chairs Ltd operates an innovative online platform focused on emotional support, connecting individuals facing similar life challenges. Founded in 2018 and based in Ramat HaSharon, Israel, the company offers users access to private, facilitated groups where they can share their experiences in a safe environment. These groups, which meet weekly for 60-minute live video sessions, allow participants to communicate and support one another while also having the option to engage anonymously. In addition to group discussions, 7Chairs provides users with personalized content, including self-help exercises, blogs, and webinars, enhancing their journey toward healing and understanding. Through its services, 7Chairs aims to ensure that no one has to face their difficulties alone.
Juno Journey
Non Equity Assistance in 2021
Founded in 2017 by Dor Nachshoni, Juno Journey is headquartered in Herzliya, Israel. The company offers a platform designed to support employee personal growth and professional development. It provides tools for employees to engage with their own growth journey, revealing relevant internal career opportunities aligned with both individual aspirations and organizational objectives.
Lingopie
Non Equity Assistance in 2021
Lingopie Inc. is an innovative online platform that facilitates language learning through the integration of television shows and movies. Founded in 2018 and headquartered in Tel Aviv, Israel, Lingopie leverages natural language processing technology and linguistic research to create an engaging learning experience. The platform features a vast library of foreign TV shows and movies, each equipped with native subtitles that enhance comprehension. Users can click on any foreign word for instant translation, which is then added to a personal word bank for later review. Additional interactive tools, such as a built-in flashcard game, further enrich the learning process. By transforming popular media into educational content, Lingopie aims to empower millions of users worldwide to achieve language fluency in an intuitive and enjoyable manner.
AC Group Ltd is a Hi-tech & ICT company registered under the Rwandan registrar of companies.
As a “Technology enabler”, they are a leading Solution Provider of Intelligent and Interactive Solutions in Rwanda, expanding to regional markets with an aim of being part of building a regional ICT hub.
In December 2015, They launched Tap&Go card for passengers under the “One card one City campaign” on the biggest bus operator in Kigali - Kigali Bus Services (KBS) in partnership with the Government of Rwanda.
CredPal is a financial technology company based in Lagos, Nigeria, founded in 2018 by Fehintolu Olaogun and Olorunfemi Jegede. The company offers a platform that enables both businesses and individuals to purchase goods and services and pay for them in installments at various online and offline merchants. CredPal's solution enhances transparency by allowing users to set up accounts and select payment plans that minimize risk. The platform connects customers with multiple financial institutions, providing convenient access to credit at the point of checkout. This service not only facilitates consumer purchases but also empowers retail businesses to offer on-demand credit to their customers, thereby enhancing the overall shopping experience.
Emergency Response Africa
Grant in 2021
Emergency Response Africa is a healthtech company delivering emergency medical care services and operating a platform that integrates training, technology and transportation to transform emergency response in Africa. The platform uses intelligent dispatch and communications to connect individuals experiencing medical emergencies with a broad network of first responders, emergency vehicles and hospitals, enabling rapid access to care and timely transfer to appropriate facilities. ERA serves individuals, families, businesses, communities and insurers with tailored packages, and is based in Lagos, Nigeria, with additional operations in Kitchener, Canada.
Treepz
Non Equity Assistance in 2021
Treepz is a technology-driven transportation company focused on enhancing mobility across Africa. Founded in 2019 and headquartered in Ontario, Canada, Treepz operates in Nigeria, Ghana, Uganda, and Kenya, providing users with a reliable and comfortable commuting experience. Its application allows users to book trips for daily, inter-city, or corporate travel at the tap of a button. The platform offers features such as vehicle assistants, licensed drivers, and e-wallet payments, ensuring that users can book and pay for fast and convenient trips in real-time. Through its innovative approach, Treepz aims to create a safer and more efficient transportation system for commuters in the region.
Curacel is an insurtech company founded in 2019 by Henry Mascot in Ikoyi, Lagos. It offers an AI-powered platform designed to streamline and enhance the insurance claims process. The platform automates the processing of claims, enabling insurance staff to handle higher volumes efficiently. Additionally, it incorporates advanced algorithms for fraud detection, waste, and abuse management, ensuring that claims are thoroughly vetted. Curacel's technology integrates seamlessly with various systems and third-party applications, facilitating improved operational efficiency for insurance providers while fostering customer loyalty and retention.
Babymigo is Nigeria's largest parenting platform, designed to support pregnant and new mothers by providing a space for them to ask questions and receive timely answers. The platform connects users with a community of verified doctors, experts, and experienced mothers, ensuring that inquiries related to pregnancy and motherhood are addressed effectively. By facilitating these interactions, Babymigo helps mothers alleviate concerns and gain confidence in their parenting journey.
PickMeUp is a transport technology company that facilitates easy and reliable ride booking through its digital platform, which primarily serves customers in Africa. Founded by Michael Okaredje in November 2017, the company initially operated as Pickmeup International Company and later rebranded to Pickmeup Technologies in January 2020. The user-friendly mobile application allows passengers to book rides effortlessly within minutes, utilizing GPS technology to connect them with nearby drivers. This innovative platform aims to transform everyday mobility by providing a hassle-free commuting experience for users across Nigeria.
Angaza Elimu
Grant in 2021
Angaza Elimu is an ed-tech company dedicated to transforming education in Kenya and across Africa by addressing classroom inefficiencies and the lack of adequate educational resources. The company offers a comprehensive e-Learning platform that simplifies classroom management, allowing teachers to focus more on delivering quality education. Angaza Elimu enhances student engagement through a Student Portal that promotes critical thinking and technological interaction. Additionally, the company provides supplemental training in STEM subjects, fostering innovation and creativity among young learners. With a commitment to empowering African youth, Angaza Elimu also features an Internet of Things school that offers hands-on training in hardware engineering, enabling students to learn at their own pace both inside and outside the classroom.
Founded in 2018, MarketForce is a technology company based in the US, Kenya, and Nigeria. It operates an asset-light business model, providing a comprehensive B2B commerce and fintech platform, 'RejaReja', empowering African merchants to digitize their inventory sourcing, ordering, payments, and access financing. The platform also enables merchants to resell digital financial services like airtime and bill payments. MarketForce is operational in five Sub-Saharan African markets, serving over 200,000 merchants and 50 consumer brands.
Finplus Group
Grant in 2021
Finplus Group is a technology company building a new credit & commerce infrastructure for emerging markets. We believe that access to markets & financial services should be a human right, available to everyone, everywhere, who wishes to participate in the modern economy. Our goal is to help close the massive $5.2Tn credit deficit faced by SMEs in developing countries every year. Finplus provides white-label digital finance & vertical ecommerce software to:
1. Enable banks & micro-lenders to lend to SMEs, at scale, across multiple markets
2. Help consumer goods companies to digitise sales end-to-end, effectively turning their supply chain into a demand chain
3. Unlock access to an instant line of credit for tens of millions of SMEs and individuals in emerging markets
Finplus software has already processed over $1 Billion in transaction value across 5 emerging markets (Kenya, Uganda, Tanzania, Eswatini, South Africa), enabled more than 3 Million MSMEs & individuals to access credit and saved business customers over 1.2 Million man-hours through automation.
Pezesha is a digital financial marketplace based in Nairobi, Kenya, founded in 2016. The company focuses on connecting small and medium-sized businesses (SMBs) to various financial resources, including working capital, float financing, and LPO financing. By leveraging credit and data analytics, Pezesha facilitates affordable credit options for underserved micro-businesses, enabling them to access the formal financial system. The platform serves as a bridge between lenders and low-income borrowers, promoting a shared economy and broadening financial access for SMBs. Through its innovative approach, Pezesha aims to be a leading player in Africa's digital financial landscape, enhancing the growth potential of small businesses across the region.
Amitruck is a mobile and web-based trucking logistics platform based in Nairobi, Kenya, founded in 2018. It connects cargo owners with transporters, enabling users to book deliveries via its online platform and access a driver app to coordinate with drivers. The platform supports real-time shipment tracking, instant quotes, and proximity-based truck availability, delivering end-to-end visibility and streamlined communication throughout the delivery process.
WorkPay Technologies
Grant in 2021
Founded in 2017, WorkPay Technologies offers a cloud-based platform for managing payroll, benefits, HR, and employee self-service needs. Its solution caters to small and medium-sized businesses across Africa.
Pineapple
Non Equity Assistance in 2021
Pineapple Tech Pty Ltd is a South African company that operates a peer-to-peer insurance platform, providing short-term insurance coverage to its members. Founded in 2017 and based in Johannesburg, the company allows users to pay and track their premiums online while selecting their preferred network for pooling. Pineapple aims to innovate the insurance experience by aligning incentives with users, offering transparency about premium usage, and returning any unused premiums to members. The platform simplifies the insurance process, enabling users to obtain coverage quickly, often in under 60 seconds, by utilizing AI technology. Pineapple launched its "My Stuff" per-item insurance in 2018 and expanded its offerings to include "My Ride" for auto insurance. The company has also formed a partnership with Travelers in the United States and provides a white-labeled version of its platform for that market.
My Medicines Pan African Limited
Non Equity Assistance in 2021
Our product is a web-based platform. It uses the block chain technology to identify where scarce and genuine medicines and vaccines are available and facilitates quick delivery to patients and health care facilities across the country. We leverage an aggregated network of over 800 licensed pharmacies in Nigeria and do not carry inventory. The platform also generates relevant big-data on health trends & medicines distribution, which is refined into actionable data to guide health initiatives & interventions.
Taskmoby
Non Equity Assistance in 2021
Taskmoby is a home services platform operating in Ethiopia that connects clients needing home-related tasks with skilled professionals. Through a mobile app, the service request is posted, and nearby providers receive the notification and attend to the job. The platform covers a range of tasks including cleaning, home security, handyman work, plumbing, painting, and laundry, enabling users to find service providers quickly and conveniently.
Paps is a Senegalese transport and logistics company established in 2016. It specializes in innovative distribution solutions for businesses and merchants, offering real-time delivery scheduling and tracking via its e-commerce platform. Services include secure warehouse storage, insured parcel delivery, cash on delivery management, courier provision, returns management, collection, and periodic reporting.
Medsaf operates an end-to-end pharmaceutical procurement and distribution platform in Nigeria that connects hospitals, pharmacies, and patients to affordable, quality medications with timely delivery. The platform combines an online marketplace with blockchain-backed track-and-trace, data analytics, and embedded financing to improve efficiency, safety, and transparency across the pharmaceutical supply chain. It provides quality-control as a service and links manufacturers, vetted suppliers, and logistics providers to health-care buyers, enabling automated procurement and financing options, including buy-now-pay-later for medication procurement. Based in Lagos, the company aims to streamline procurement, enhance visibility into the movement of medicines, and ensure reliable access to medications for health-care providers and consumers.
Gradely.ng
Non Equity Assistance in 2021
Gradely.ng Limited operates a personalized learning platform designed for secondary school students in Nigeria. Founded in 2019 and based in Yaba, the company utilizes artificial intelligence to provide tailored learning materials, online tutorials, and video lessons. Gradely focuses on enhancing exam preparation by offering assessment reporting, tracking, and training for teachers, along with computer-based tests and a learning progress tracker for schools. The platform employs analytics to identify and address learning gaps in real-time, assisting parents and educators in supporting students effectively. Through adaptive homework tests available on web and mobile devices, Gradely assesses students' understanding of various topics and recommends specific practice sets and remedial resources. The system allows teachers to create and assign homework efficiently, while generating progress reports for students, parents, and schools. Gradely's innovative approach ensures a comprehensive learning experience by continuously adjusting the difficulty of questions based on students' mastery levels.
Kwara
Non Equity Assistance in 2021
Kwara GmbH is a technology company that specializes in developing a digital banking platform tailored for savings and credit co-operative societies (SACCOs). Founded in 2018 and headquartered in Berlin, Germany, with an additional office in Nairobi, Kenya, Kwara aims to modernize credit unions by providing a comprehensive cloud-based solution. The platform facilitates loan application servicing and approval for members, while also offering integration services, customer support, real-time financial tracking, and compliance assistance. Kwara's offerings include Kwara Pronto, a tool for managing loans. Currently, the company serves over 200 SACCOs across Kenya, South Africa, and the Philippines, enabling these financial institutions to enhance their operations and improve access to formal financial services.
Scoodle
Non Equity Assistance in 2021
Scoodle Ltd is a London-based company that has developed an application designed to connect students with tutors. Founded in 2016, the platform allows students to ask questions across various subjects and receive answers from qualified tutors. Users can follow up by booking lessons or joining classes, facilitating a direct and interactive learning experience. Scoodle aims to make quality tutoring more accessible, enabling tutors from different regions, such as an Arabic expert in Egypt, to create classes for a global audience. The content generated by tutors on the platform remains available for future students, ensuring that the educational benefits extend beyond individual sessions.
Tendo
Non Equity Assistance in 2021
Founded in 2019 and based in Accra, Ghana, Tendo operates an online platform that facilitates reselling. It sources products from various suppliers and delivers them directly to customers of its resellers, enabling independent entrepreneurs to start their own e-commerce businesses without initial capital investment.
Angaza Elimu
Non Equity Assistance in 2021
Angaza Elimu is an ed-tech company dedicated to transforming education in Kenya and across Africa by addressing classroom inefficiencies and the lack of adequate educational resources. The company offers a comprehensive e-Learning platform that simplifies classroom management, allowing teachers to focus more on delivering quality education. Angaza Elimu enhances student engagement through a Student Portal that promotes critical thinking and technological interaction. Additionally, the company provides supplemental training in STEM subjects, fostering innovation and creativity among young learners. With a commitment to empowering African youth, Angaza Elimu also features an Internet of Things school that offers hands-on training in hardware engineering, enabling students to learn at their own pace both inside and outside the classroom.
PayWay Ethiopia
Non Equity Assistance in 2021
PayWay Ethiopia is a company that specializes in providing comprehensive payment solutions across various platforms, facilitating convenient online bill payments and other financial transactions. The company designs and develops user-friendly payment applications and devices, catering to everyday payment needs. By creating independent payment software, PayWay Ethiopia serves as a vital link between service providers, dealers, and end-users, enabling businesses to efficiently process payments from their clients. Through its innovative approach, the company aims to enhance the overall payment experience for users in Ethiopia.
Emergency Response Africa
Non Equity Assistance in 2021
Emergency Response Africa is a healthtech company delivering emergency medical care services and operating a platform that integrates training, technology and transportation to transform emergency response in Africa. The platform uses intelligent dispatch and communications to connect individuals experiencing medical emergencies with a broad network of first responders, emergency vehicles and hospitals, enabling rapid access to care and timely transfer to appropriate facilities. ERA serves individuals, families, businesses, communities and insurers with tailored packages, and is based in Lagos, Nigeria, with additional operations in Kitchener, Canada.
Envisionit Deep AI
Non Equity Assistance in 2021
Envisionit Deep AI is a medical technology company based in Johannesburg, South Africa, founded in 2019. It develops AI-driven solutions to streamline and improve medical imaging diagnosis for radiologists, including a machine learning platform and RADIFY, an AI platform that addresses respiratory and congenital heart diseases. Its technology supports diagnosing across chest X-ray, ultrasound, MRI, and CT scans, highlighting abnormalities to help clinicians read images more quickly and cost-effectively.
Gerocare
Non Equity Assistance in 2021
GeroCare is a technology-driven company focused on providing home-based eldercare solutions to families, particularly in African communities. For over five years, it has developed a cloud-based platform that facilitates regular doctor visits for elderly individuals, allowing adult children to arrange healthcare for their parents easily. Through the GeroCare application, users can subscribe for monthly home medical care and receive detailed reports on each doctor's visit. This service enables families to monitor the health status of their elderly loved ones while allowing for the payment of necessary medical tests and medications through the app. Communication between the elderly beneficiaries and doctors mainly occurs via phone calls, ensuring accessibility even for those without internet-enabled devices. GeroCare’s model is scalable and can be replicated across various medical specialties and locations, fundamentally transforming traditional healthcare delivery by providing essential services directly in patients' homes.
Tabiri Analytics
Non Equity Assistance in 2021
Tabiri Analytics is a Kigali-based cybersecurity company founded in 2018 that focuses on monitoring and remediation of global security threats. It delivers a cybersecurity monitoring platform that provides endpoint protection by combining low-cost hardware sensors, open-source software agents, and cloud-based computing to collect and analyze system logs and network activity. The company guides customers on containment and remediation of detected threats, helping them improve digital safety and data protection while strengthening their overall security posture.
FundStory
Non Equity Assistance in 2021
FundStory is a financial technology company based in Atlanta, Georgia, founded in 2020. It specializes in providing innovative solutions for finance teams to access and manage non-dilutive funding options. The company develops workflow management software that assists startup founders in identifying suitable investment opportunities globally. FundStory's platform features digital agents designed to streamline tasks such as navigating funding applications and analyzing term sheets, thereby enabling users to effectively grow their businesses and achieve their funding objectives.
Podpal
Non Equity Assistance in 2021
Podpal, established in 2018 and based in Atlanta, Georgia, specializes in podcast management. It provides a comprehensive SaaS platform to simplify and organize podcast workflows, catering to independent podcasters, management agencies, and enterprise teams. The platform aids in planning, publishing, and promoting podcasts, aiming to reduce stress and clutter, enabling users to create content efficiently, build audiences, and monetize their brands.
SynsorMed
Non Equity Assistance in 2021
SynsorMed, Inc. is a healthcare technology company based in Atlanta, Georgia, with additional locations in Birmingham, Alabama, and a sales office in Tampa, Florida. Founded in 2014, SynsorMed specializes in a cloud-based platform that offers reimbursable remote patient monitoring (RPM) and chronic care management (CCM) solutions. The platform enables patients to track key medical data from home and securely share this information with their healthcare providers. By integrating with FDA-approved wearable devices, SynsorMed enhances patient engagement and communication, particularly for those managing chronic conditions such as diabetes. The company's solutions are designed to improve patient outcomes while providing healthcare organizations with opportunities to increase revenue through effective telehealth services.
Mini City
Non Equity Assistance in 2021
Mini City Inc. is a social enterprise based in Atlanta, Georgia, that focuses on addressing homelessness through technology. Founded in 2016, the company develops, owns, and operates a platform designed to provide identification and employment opportunities for homeless individuals. Its software facilitates access to legal identification, vital records, and employment forms, supporting caseworkers, program directors, clinicians, and other professionals who assist homeless individuals and those at risk of homelessness. By offering cost-effective solutions to government agencies and non-profits, Mini City aims to play a pivotal role in reducing homelessness and improving the lives of vulnerable populations.
Scoodle
Seed Round in 2021
Scoodle Ltd is a London-based company that has developed an application designed to connect students with tutors. Founded in 2016, the platform allows students to ask questions across various subjects and receive answers from qualified tutors. Users can follow up by booking lessons or joining classes, facilitating a direct and interactive learning experience. Scoodle aims to make quality tutoring more accessible, enabling tutors from different regions, such as an Arabic expert in Egypt, to create classes for a global audience. The content generated by tutors on the platform remains available for future students, ensuring that the educational benefits extend beyond individual sessions.
Tulu
Non Equity Assistance in 2021
Tulu is an on-demand rentals platform that provides household and lifestyle products through its application and IoT-enabled smart rental units installed in buildings. Based in Tel Aviv, Israel, it offers residents, students, and offices access to brand-name appliances, grocery staples, micro-mobility and entertainment devices on demand, with the aim of optimizing space usage and reducing waste. The platform analyzes usage data to improve inventory management and personalize the user experience. Tulu operates in cities across the United States and Europe, working with large landlords and real estate partners, and collaborates with manufacturers such as Bosch, Hoover, Kärcher and Unagi to deliver a broad range of items.