African Warriors Fighting Championship
Seed Round in 2024
African Warriors Fighting Championship (AWFC) is a combat sports promotion company that specializes in showcasing indigenous African fighting traditions globally. It provides opportunities for African athletes to compete and promotes the continent's rich combat sports heritage through live events and digital content. AWFC focuses on disciplines such as dambe, traditional Nigerian kickboxing, and wrestling, offering customers exclusive access to live events and a vast library of fights that celebrate African culture.
AMAKA Studio
Seed Round in 2024
A social publishing platform empowering Pan-African creators to reach a global audience and earn through subscriptions, events and more.
NERGii
Venture Round in 2024
NERGii is a sports technology company that specializes in manufacturing and distributing advanced shoe insoles. Their products are designed to enhance athletic performance by naturally stimulating mitochondrial activity, thereby increasing energy availability in the body.
Moove is a fintech company specializing in mobility finance. It provides revenue-based vehicle financing to mobility entrepreneurs across Africa, democratizing vehicle ownership. Moove embeds alternative credit-scoring technology onto ride-hailing, logistics, and delivery platforms, using proprietary performance analytics to underwrite loans.
Pricepally
Seed Round in 2023
Pricepally is an online grocery service that connects consumers directly with farmers and wholesalers for bulk purchasing of fresh food items and household essentials. By aggregating demand, it offers affordable prices while supporting local agriculture.
ANKA is an e-commerce platform dedicated to the discovery, buying, and selling of African fashion, arts, and crafts. Founded with the mission to connect creators and enthusiasts of African culture, ANKA enables users to engage with a diverse range of products, including clothing, jewelry, and art. The platform serves as a marketplace that facilitates direct transactions between buyers and sellers globally, ensuring a user-friendly and secure experience. ANKA aims to support African creators by providing them with opportunities to thrive in their crafts while allowing customers worldwide to appreciate and acquire unique African creations. Based in Abidjan, Ivory Coast, ANKA has established itself as a significant player in promoting and celebrating African artistry.
Terragon is a leading Data and Marketing Technology company that uses data aggregation and predictive analytics to help African-focused businesses intelligently connect with their customers across channels and devices. Headquartered in Lagos, Nigeria, Terragon also has operations in Kenya, South Africa, Ghana, and India.
Armando Cabral
Venture Round in 2023
Armando Cabral is a manufacturer specializing in men's leather footwear. Its e-commerce platform offers a range of styles including loafers, derby shoes, boots, and sneakers, all crafted with African textile influences. The company focuses on providing luxury shoe collections at affordable prices.
OmniRetail
Venture Round in 2023
OmniRetail is a B2B e-commerce platform founded in 2019, headquartered in Lagos, Nigeria. It aims to digitize the consumer goods supply chain from manufacturers through distributors to retailers, improving reliability, visibility, and financial capabilities.
Trella
Venture Round in 2023
Founded in 2018, Trella is a Cairo-based company that operates an online platform connecting shippers with carriers. It aims to enhance efficiency for drivers, create job opportunities, and reduce costs for shippers while providing real-time shipment tracking.
Axis is a digital banking alternative for small businesses and solopreneurs in Egypt. It offers a seamless payment management system that handles employee payroll, salary advances, and business payments to suppliers and vendors. Axis's fully interoperable mobile wallet enables users to send and receive money from any mobile wallet in Egypt.
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.
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.
MVX is a digital platform that addresses the challenges of fragmented and costly freight shipping processes, particularly in the maritime trade and logistics sector. It connects cargo owners and shippers, facilitating a more efficient freight ecosystem. The platform offers real-time visibility into shipment status, optimizing pickups and deliveries while managing vessel utilization and availability at competitive market rates. MVX aims to streamline the trading of goods in, within, and out of Africa, enabling businesses to charter and manage offshore support vessels effectively. By enhancing operational efficiency, reducing man-hours, and lowering costs, MVX supports clients in improving their overall performance in global trade.
Blotout
Venture Round in 2023
Blotout develops a consented, single-tenant customer data platform and analytics stack designed to help enterprises navigate the post-cookie era. The platform provides analytics, data management, advertising segmentation, and identity management, enhanced by artificial intelligence and machine learning, to address the disappearance of third-party cookies and identifiers. It enables clients to eliminate third-party scripts and software development kits, reduce vulnerabilities, and improve site performance and customer relationships while mitigating data loss and compliance risk.
Founded in 2020, Ramani is a software company based in Dar es Salaam, Tanzania. It specializes in developing applications for sales teams to track inventory, register customers, and record sales transactions in real-time.
CashBackApp
Pre Seed Round in 2022
CashBackApp facilitates customer loyalty programs for fast-moving consumer goods (FMCG) companies by offering cashback rewards via M-Pesa on routine purchases. It partners with FMCG companies and retailers, benefiting middle to lower-income consumers in Africa by enabling savings through cashback discounts on everyday grocery shopping.
MarketForce
Series A in 2022
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.
Infiuss Health
Venture Round in 2022
Founded in 2018, Infiuss Health specializes in decentralizing clinical trials. Its platform facilitates remote participant screening, recruitment, engagement, electronic consent, and follow-up.
Kippa is a mobile app designed for African small business owners and bookkeepers. It streamlines financial management by replacing physical record books with digital platforms, enabling users to track daily transactions, generate invoices, manage inventory, and monitor business fluctuations.
OjaExpress
Pre Seed Round in 2022
OjaExpress is a digital marketplace that specializes in ethnic and cultural groceries, aiming to enhance the visibility and competitiveness of local independent grocery stores. The platform enables customers to discover unique products from these stores and facilitates online ordering for same-day delivery. OjaExpress addresses the challenges of food access and convenience, particularly for immigrant communities and food enthusiasts seeking cultural provisions. Additionally, the company supports its grocery store partners by providing valuable customer insights and marketing assistance, helping them grow sustainably in a competitive landscape.
Aku
Pre Seed Round in 2022
Aku is a financial technology company focused on enhancing financial inclusion through a comprehensive mobile platform. It aims to provide accessible and low-cost financial services, particularly targeting new business owners who require effective tools for managing their finances. The platform facilitates secure payments, savings, and credit services, enabling users to perform bulk disbursements and verify account details seamlessly. By digitizing payments and offering personal banking services, Aku empowers individuals and businesses in Africa to access essential financial resources and build wealth both locally and globally, all without the need for a dedicated application.
Juni is a fintech company that develops a banking app and an integrated payment service platform for e-commerce and online marketing entrepreneurs. The platform provides a centralized dashboard that aggregates funds from bank accounts, networks and payment services, and offers detailed customizable financial reporting. This enables digital entrepreneurs to make better decisions and scale their operations, unlocking the full potential of digital commerce.
Indicina
Seed Round in 2022
Indicina Technologies Limited is a Lagos-based company that offers a digitized credit analysis platform aimed at enhancing consumer finance strategies in Africa. The platform serves a variety of financial institutions, including banks, insurers, and consumer finance companies, by providing tools for creating credit rules and models, conducting credit assessments and scoring, managing loan portfolios, and facilitating loan collections. By leveraging analytics-driven insights, Indicina helps these institutions optimize their credit decision-making processes, improve application acceptance rates, and reduce default rates, thereby contributing to the development of a robust credit infrastructure in the region.
Afriex
Venture Round in 2022
Afriex Inc. is a mobile payment application developer based in Oakland, California, specializing in overseas money transfer services. Founded in 2019, the company offers a digital wallet application that allows users to send and receive money globally, utilizing stablecoins to ensure fast and cost-effective remittance solutions. Afriex supports transactions to over 30 countries, enabling users to make payments and manage their finances more efficiently at current exchange rates, while also providing various withdrawal options to enhance the user experience.
Oware
Pre Seed Round in 2022
Oware is a tech startup specializing in cloud-based supply chain management. Its flagship platform, O360, caters primarily to small and medium-sized enterprises in emerging markets. The platform optimizes logistical frameworks by offering solutions for warehouse management, shipment tracking, and overall supply chain optimization through advanced analytics, AI, and real-time data.
Union54
Seed Round in 2022
Union54 is a debit card issuing API that facilitates the issuance of debit cards for fintech companies and corporates without the need for a bank or credit card processor. Founded in 2020 and based in Lusaka, Zambia, the company provides essential services such as BIN sponsorship, transaction processing, and settlement. This allows software companies to seamlessly integrate debit card services into their offerings. In addition to its core services, Union54 is involved in the development of secure messaging and instant payment systems, providing tools for both civilian and government use. Its software solutions include a messaging application with an integrated wallet and an API for creating chat applications, enabling clients to securely communicate and manage payments.
Otida
Pre Seed Round in 2022
Otida is a digital health company that provides an app acting as a nutritionist, fitness coach, and physician for individuals with diabetes. It aims to simplify daily life management through continuous remote monitoring and digital therapeutics.
Yemaachi Biotechnology
Seed Round in 2022
Yemaachi Biotechnology employs advanced immunogenomics, bioinformatics, and artificial intelligence to expedite the development of cancer detection and treatment strategies, aiming to reduce the economic impact of cancer.
Rocket Health Africa
Series A in 2022
Rocket Health is a bundled service of The Medical Concierge Group, a licensed and registered clinic, laboratory, and pharmacy. Rocket Health offers telemedicine healthcare services such as doctor consultations, laboratory sample pickups, and medicine delivery.
RelianceHMO
Series B in 2022
Kangpe Nigeria Limited operates a telemedicine platform that connects patients with doctors for online health consultations. Founded in 2015 and based in Lagos, Nigeria, the company offers subscription-based services allowing patients to ask health-related questions and receive medical advice. Doctors on the platform provide guidance on symptoms, disease diagnosis, and treatment based on detailed descriptions of patients' health conditions. Kangpe aims to make health services more accessible and affordable by leveraging technology, ensuring that patients can articulate their medical history and current issues to facilitate accurate diagnoses and effective treatment recommendations.
Secberus
Seed Round in 2022
Secberus develops a real-time cloud security posture management platform, SECBERUS. It provides end-to-end asset visibility, misconfiguration discovery, compliance posture tracking, and enforcement of security policies across multiple public clouds for medium to large enterprises.
Brimore operates a social commerce platform that connects emerging brand owners with a network of resellers. These resellers market and sell the products of these brands using social media, providing nationwide coverage for the brands. The platform uses data analytics to facilitate this connection between emerging brands and individual distributors across Egypt's 27 governorates, enabling small local manufacturers to directly reach consumers through freelance sales agents.
Amitruck
Seed Round in 2022
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.
Wella Health
Venture Round 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.
Bitnob
Venture Round in 2022
Bitnob develops and manages Bitcoin and stablecoin infrastructure solutions, empowering global businesses with secure and efficient cryptocurrency services.
Zindi is a pioneering data science competition platform based in Africa. It facilitates a comprehensive ecosystem comprising scientists, engineers, academics, companies, NGOs, governments, and institutions, all united to address Africa’s most critical issues. Zindi collaborates with various organizations to create, manage, and ready data-driven challenges. Participants' solutions are automatically ranked by their accuracy, providing an affordable way for entities to explore innovative data science applications or tackle persistent business problems.
Rivy is making it easier to finance small and medium sized businesses in Africa. There is a need for financing of $158 bn for SMEs in Nigeria alone. To start, Rivy o helps SMEs access and spend lender capital effectively. During their first full operational year in 2020, the Rivy o co--founders leveraged their domain expertise and founding experience to beat their 2020 goal by 50%.
Kasookoo
Seed Round in 2021
Kasookoo provides a cloud-based omnichannel contact center solution, empowering businesses of all sizes to enhance customer engagement across multiple channels. This improves overall customer satisfaction and eliminates the need for significant infrastructure investments.
FlexClub
Venture Round in 2021
FlexClub is a mobility platform that offers customers the flexibility to create personalized car subscription plans. Users can subscribe to a vehicle for a minimum duration of one month, with the option to cancel or modify their plan at any time without incurring penalties. The company operates an online marketplace that simplifies the buying, renting, and selling of movable assets, including cars for ride-hailing purposes. This platform caters to both commercial and private members, allowing them to effortlessly browse and order vehicles according to their specific needs.
Brass is a digital bank based in Nigeria that specializes in serving small and medium-sized enterprises. The company offers a suite of products and tools designed to facilitate business growth. Its key offerings include a free current account that can be easily opened from any device, requiring no monthly transactions or minimum balance. This approach allows customers to access optimal financial tools and banking services tailored to their needs, empowering them to enhance their business operations.
ILLA is a logistics company based in El Dokki, Egypt, specializing in middle-mile delivery services for fast-moving consumer goods (FMCG) companies. Founded in 2017, ILLA operates an asset-light model that digitizes the delivery process, allowing for comprehensive planning and execution. The company monitors logistics activities to enhance efficiency and drive sales growth for its clients. By connecting FMCG companies with a diverse network of trucks, ILLA provides a dynamic solution that addresses the complexities of delivering products to various retail and non-retail outlets. This approach ensures full control and visibility over the logistics process, enabling clients to navigate daily market challenges effectively.
Mono is a Nigerian company founded in 2020 that specializes in developing a financial data infrastructure application programming interface (API) platform. The company aims to enhance access to financial accounts and improve onboarding and identification processes across emerging markets in Africa. Mono's platform offers a variety of services, including the generation of bank statements, account verification, payment initiation, and credit checks. By providing businesses with secure and efficient access to crucial financial data, Mono empowers organizations ranging from startups to large enterprises, facilitating their ability to thrive and contribute to economic growth in the region.
Knabu Distributed Systems
Seed Round in 2021
We are a DLT company based in London and have started our bank authorization process to solve the problem of denial of bank accounts to blockchain businesses.
We are building a Utility Bank from scratch & engineering it to leverage DLT.
Docspert Health
Seed Round in 2021
Docspert Health is a telemedicine platform that connects patients in the Middle East and Africa with international medical experts through video consultations. The company aims to provide inclusive and accessible healthcare by leveraging technology to facilitate appointments with healthcare professionals. Its services include telehealth consultations and access to medical equipment, allowing patients to initiate treatment promptly and effectively. By focusing on patient-centered care, Docspert Health enhances the healthcare experience for individuals seeking specialized medical advice and support from experts across the globe.
Yobante Express
Seed Round in 2021
Yobante Express is a logistics technology company transforming cross-border and last-mile parcel delivery in Africa. It offers full traceability, exceptional customer support, and a resilient network of relay points and independent carriers for fast, affordable, and reliable deliveries with minimal merchandise loss or damage.
OnePipe
Seed Round in 2021
OnePipe simplifies complex infrastructure so you can focus on creating market-defining innovations. Banks and fintech partners of OnePipe have contributed the majority of the underlying infrastructure required to establish your product as a service.
Kuda Technologies Ltd, established in 2018, is a digital banking service provider based in London, with an additional office in Lagos, Nigeria. The company offers a range of financial services, including savings and checking accounts, money transfers, debit cards, and point-to-point payments, all accessible through an online banking platform and a mobile application. Kuda's mission is to provide accessible and affordable banking services to Africans, with a focus on promoting financial health and savings.
truID
Venture Round in 2021
truID is a provider of an open banking platform that simplifies bank integration for businesses. The company offers a single API that enables secure access to users' identity data, account balances, and transaction histories from various financial institutions. This streamlined approach not only reduces development time significantly but also ensures compliance with regulatory standards. Additionally, truID's platform facilitates banks in analyzing customer profiles and credit scores, contributing to a trusted and secure financial data-sharing ecosystem. By connecting multiple institutions, truID enhances the efficiency of financial services and promotes seamless user experiences in accessing their banking information.
Carry1st is a full-stack publisher of mobile social games and interactive content focused on frontier markets, particularly Africa. Founded in 2018, it handles publishing, distribution, localization, user acquisition, marketing, monetization, and customer experience for partner games, enabling developers to reach new audiences through global studios. The company operates with a global team across multiple countries and collaborates with leading studios to grow its portfolio in untapped markets. It has raised capital from notable investors, including Riot Games and others, to fund growth and partnerships.
Trove Technologies Limited operates an online platform designed to facilitate investment in a range of securities, including stocks, bonds, mutual funds, and cryptocurrencies. Based in Lekki, Nigeria, Trove aims to simplify the investment process for beginners by providing an accessible application that allows users to easily find and select investment opportunities. The platform features a user-friendly KYC process, brokerage services, and a personalized news feed related to the assets traded. Trove enables investors to participate in both local and international markets, offering access to Nigerian stocks, government bonds, and a selection of cryptocurrency assets. Through its seamless approach to micro-investing, Trove empowers users to engage with the financial markets with ease.
Kaoun is a software platform dedicated to promoting financial inclusion. It offers electronic identification, payment, and credit-related services to transform traditional financial systems sustainably.
VIA Global Health
Seed Round in 2021
Founded in 2015, VIA Global Health operates a global marketplace connecting medical distributors with affordable medical device manufacturers. It offers access to over 50,000 products, streamlining the supply chain and making it faster, easier, and more affordable for healthcare professionals worldwide to acquire essential tools.
Sudor is a London-based digital fitness platform designed for fitness professionals to establish and grow their own digital businesses. Launched in 2022, the company provides creators with the tools and technology necessary to monetize their social media following effectively. Sudor allows trainers to upload on-demand videos, stream live classes, and create interactive challenges for their subscribers. By empowering fitness content creators, Sudor fosters financial freedom and facilitates meaningful connections between trainers and their users.
Swvl
Venture Round in 2020
Founded in 2017, Swvl is a mobility company that offers an app for booking fixed-rate rides on shared buses and vans during peak commute hours. It operates in Egypt, Kenya, Pakistan, Saudi Arabia, and the United Arab Emirates, serving both individual commuters and corporate clients.
Tambua Health
Seed Round in 2020
Tambua Health develops diagnostic technology for respiratory care by applying lung-sound analysis. The company provides non-invasive, radiation-free tools for lung imaging and lung-function testing based on acoustic technology, enabling safer and accessible assessment of respiratory conditions. Its hardware includes a device that uses sound to capture lung images and software with a backend analytics portal to support clinical interpretation. The offering also features an automatic cough segmenter that detects cough episodes within continuous recordings, aiding objective monitoring and workflow in varied care settings. By combining acoustic sensing with analytics, Tambua Health seeks to improve the accuracy, safety, and reach of respiratory diagnostics, particularly in low-resource environments.
Flutterwave
Series B in 2020
Flutterwave is a global payments technology company that enables businesses worldwide to accept payments from customers globally via web and mobile. It offers services such as Flutterwave Checkout, API for virtual card management, invoicing, payment links, and more, serving industries like gaming, events, transportation, hospitality, and individuals.
Zazu Africa
Venture Round in 2019
Zazu Africa provides a digital money account for residents of Zambia and operates a financial education platform to help users understand and access financial services. Founded in 2015 and based in Lusaka, the company aims to expand financial inclusion by enabling secure digital transactions and practical learning about money management and financial products.
Lemonade, Inc. is an innovative insurance company that provides a range of insurance products in the United States and Europe, including homeowners, renters, and landlord insurance. Founded in 2015 and headquartered in New York, the company utilizes artificial intelligence and behavioral economics to streamline the insurance process, eliminating traditional brokers and paperwork. By employing advanced technology, Lemonade offers instant service and sets competitive rates for its policies. The company also acts as an agent for other insurance providers, further expanding its offerings. With a commitment to social good, Lemonade aims to transform the insurance industry by prioritizing transparency and efficiency.
TBTM is a pioneering blockchain-based Media Fintech company that rewards fans and creators for building communities around great content. Powered by AMP Global Technologies, TBTM's social-viewing platform enables users to earn brand rewards using its digital token, Kola. The company has developed a flagship TV format, The Mic, which has garnered significant global attention and accolades.
Forever 7 Entertainment
Seed Round in 2018
Forever 7 Entertainment is a global production company specializing in the creation of high-quality films and television shows. With a focus on African culture and diverse storytelling, the company produces feature films, TV series, reality TV, and documentaries, collaborating with international talent to address important societal issues. Its mission is to entertain global audiences while celebrating cultural diversity and promoting understanding.