Imvelo Ventures

Imvelo Ventures is a venture capital firm based in Sandton, South Africa, established in 2019 and managed by Capitec Bank. The firm focuses on investing in the services, energy, financial services, and information technology sectors. With a commitment to fostering innovation and growth, Imvelo Ventures aims to support emerging companies and drive economic development within these industries.

Mark Fitzjohn

Director

18 past transactions

Botlhale AI

Seed Round in 2024
Botlhale AI is a research and innovation start-up that specializes in developing multilingual conversational artificial intelligence. The company offers a platform that enables organizations to build, train, test, and deploy conversational AI systems without the need for coding. By focusing on voice-enabled technology, Botlhale AI aims to help businesses overcome language barriers, thereby enhancing customer interaction and support. This approach not only reduces operational costs but also facilitates increased customer reach, conversion, and retention. As computer systems play a crucial role in daily life, Botlhale AI is positioned to transform human-computer interaction through natural spoken language.

Cape Town Stock Exchange

Venture Round in 2022
The Cape Town Stock Exchange operates a digital platform for small- and medium-sized businesses to raise funds through equity and debt offerings.

Acumen Software

Series B in 2022
Founded in 2006, Acumen Software specializes in providing mobile software solutions for asset management and workforce management. They cater to organizations with dispersed assets, offering simplified management solutions tailored to complex scenarios.

Lipa Payments

Seed Round in 2022
Lipa Payments is a company that specializes in developing software solutions for merchants, enabling them to accept contactless payments without the need for additional hardware. By utilizing Near Field Communication (NFC) and Bluetooth Low Energy (BLE) technology, Lipa's platform allows small merchants to facilitate digital transactions seamlessly and securely through consumers' mobile phones. This innovative approach streamlines the payment process, making it easier for both customers and merchants to conduct transactions while reducing reliance on traditional card payment terminals.

BancX

Seed Round in 2021
BancX is a banking as a service provider focused on the African market, aiming to empower businesses to create and integrate their own branded financial services through a user-friendly API. The company has developed a core banking platform that enables the configuration, launch, and scaling of various digital financial services. This platform enhances customer experience and data management, allowing banks and lenders to adapt and expand their offerings to meet evolving market demands. By addressing the needs of both existing and underserved markets, BancX seeks to reshape financial services and promote financial inclusion across the region.

Acumen Software

Venture Round in 2021
Founded in 2006, Acumen Software specializes in providing mobile software solutions for asset management and workforce management. They cater to organizations with dispersed assets, offering simplified management solutions tailored to complex scenarios.

Legal Lens

Seed Round in 2021
Legal Lens is a legal tech start-up that specializes in offering cost-effective legal management solutions to businesses. The company focuses on preventing improper and unethical legal billing by utilizing experienced attorneys, artificial intelligence, and machine learning technologies. By reviewing unpaid legal invoices, Legal Lens aims to optimize legal spend management and help clients reduce their overall legal expenses. Through its innovative approach, the company seeks to make legal services more affordable and accessible for organizations.

BriefCo

Seed Round in 2021
BriefCo is South Africa's pioneering legal cost consultancy that utilizes technology to enhance the efficiency of legal cost management. The company operates a secure online platform that facilitates the digital delivery and storage of legal documents. By leveraging artificial intelligence and machine learning, BriefCo automates the preparation and opposition of bills of costs, significantly reducing expenses related to printing, delivery, and file preparation. This innovative approach enables clients to streamline their legal cost consulting processes, making it a valuable resource in the legal industry.

Preferental

Seed Round in 2021
Preferental is a digital platform that guarantees rental income for landlords. It offers comprehensive property management services, reducing financial risks and providing savings through technological efficiencies.

Quench

Venture Round in 2021
Quench is the on-demand delivery app that provides a delivery service to locals offering groceries, alcohol, and other essential items.

BancX

Seed Round in 2021
BancX is a banking as a service provider focused on the African market, aiming to empower businesses to create and integrate their own branded financial services through a user-friendly API. The company has developed a core banking platform that enables the configuration, launch, and scaling of various digital financial services. This platform enhances customer experience and data management, allowing banks and lenders to adapt and expand their offerings to meet evolving market demands. By addressing the needs of both existing and underserved markets, BancX seeks to reshape financial services and promote financial inclusion across the region.

Bizzamm

Seed Round in 2021
Bizzamm is a digital legal platform streamlining legal processes and document management. It offers end-to-end document management, digital signatures, legal templates, contract management, and secure storage of signed documents.

Buddy Finance

Seed Round in 2021
Buddy Finance is a FinTech platform that connects borrowers and lenders through a peer-to-peer lending model. It supports financial inclusion by providing easier access to capital and opportunities to invest, helping users grow their communities while earning financial returns. The platform focuses on facilitating the flow of capital outside traditional banking systems and offers an alternative finance option for individuals seeking borrowing or lending solutions.

Xago

Seed Round in 2021
Xago Technologies is a developer of an interoperable payment platform that leverages blockchain technology to transform financial transactions. The company aims to bypass traditional plastic card systems by linking customer profiles to fiat-backed cryptocurrency transactions. This innovative approach enables financial institutions to create a secure and instantaneous payment process that is also cost-effective. Xago's platform allows retailers to accept a variety of payment methods, including mobile wallets, mobile money, cryptocurrency payments, and bank accounts, facilitating a more versatile and modern payment experience for customers.

Cliqtech

Seed Round in 2021
Cliqtech is a fiduciary technology services company that provides clients with a white-label, disruptive, and user-focused will and estate planning platform.

Tuma

Seed Round in 2021
Tuma is a money transfer platform that provides fund transfers from any mobile money wallet to any bank account. Its remittances platform allows anyone to transfer funds from their mobile money wallets to any bank account in South Africa, helping customers transfer funds with ease and convenience.

Ice Media

Seed Round in 2021
Ice Media is a provider of WiFi networking services focused on enhancing digital access for working-class and digitally marginalized communities. The company employs software applications to effectively manage its ecosystem and offers a proprietary blanket WiFi network. By doing so, Ice Media aims to facilitate access to low-cost data for local communities, helping to bridge the digital divide and promote economic inclusion.

MoneyWorks

Venture Round in 2020
MoneyWorks provides a digital supply chain finance platform that connects buyers seeking supplier finance with lenders. The platform enables SMEs to access invoice financing based on their buyers' credit records, reducing the risk of late payments and cash flow shortages. By supporting early payment programs, it helps improve liquidity within supply chains and support SMEs in managing working capital.
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