Equitable Ventures

Equitable Ventures is a venture funding firm established in 2020 that specializes in promoting financial inclusion in Africa. The firm focuses on investing in promising early-stage fintech startups across the continent, aiming to deliver both financial returns and social impact. By supporting high-caliber entrepreneurs, Equitable Ventures addresses real-world challenges and leverages favorable macroeconomic trends. The firm is committed to fostering the development of digital infrastructures and enhancing technology ecosystems in Africa, ultimately contributing to the growth and sustainability of the region's financial landscape.

Fabrice Boullé

Founder and Managing Partner

19 past transactions

Hub2.Io

Series A in 2024
Hub2.Io is a system for digitizing ongoing transactions. Services like cash out, to pay, manage, and others are offered by them. Connecting businesses to their infrastructure will enable them to accept and process payments quickly and safely.

Happy Pay

Pre Seed Round in 2024
Happy Pay is a company focused on developing a credit scoring system that offers consumers a responsible alternative to traditional credit options. It operates a Buy Now Pay Later platform that allows users to make purchases and pay for them over time. To enhance the shopping experience, Happy Pay integrates an autonomous artificial intelligence technology system with merchants' platforms, aiming to increase their average basket size and improve customer conversion rates. By leveraging this innovative technology, Happy Pay seeks to provide a seamless and efficient service that benefits both consumers and merchants.

Crop2Cash

Venture Round in 2024
Crop2Cash operates a digital financing platform aimed at empowering rural Nigerian farmers economically. It facilitates transparent formal financing for banks while providing accessible capital to responsible farmers, enhancing transparency and efficiency in the agricultural supply chain.

Figorr

Venture Round in 2023
Figorr specializes in cold chain solutions, offering temperature-controlled products, monitoring systems, and related services. It caters to unique market challenges by providing real-time tracking of temperature-sensitive items, including humidity and location data, along with automated performance reports.

Elucid Social

Seed Round in 2023
Elucid Social is a health technology company focused on advancing human rights within global supply chains. The company utilizes a data-driven approach to develop and implement technologies that assess, report, and mitigate human rights risks associated with the sourcing of goods and services. By creating tailor-made digital health ecosystems, Elucid Social enables businesses to improve the health and livelihoods of producers within their supply chains. This integration of social good with business practices aims to yield measurable results and promote ethical sourcing in various industries.

Vetsark

Venture Round in 2023
Vetsark is a company that specializes in enhancing productivity and profitability for agribusinesses by facilitating their digital transformation. It develops practice management software designed to streamline business operations and assign tasks effectively. The platform provides real-time business analytics and predictive insights, allowing veterinarians to assess productivity and make informed decisions. Additionally, Vetsark utilizes disease report data to predict, prevent, and manage outbreaks, benefiting livestock farmers, veterinarians, and public health efforts. Through its innovative solutions, Vetsark aims to empower agribusinesses to optimize their operations and increase their income.

Legendary Foods Africa

Seed Round in 2023
Legendary Foods Africa is a food technology company that manufactures a range of products, including fresh akokono, frozen akokono, akokono sauce, akokono kebab, akokono shito, dried akokono, and more.

AquaRech

Non Equity Assistance in 2022
AquaRech develops a fish farming platform aimed at reducing production costs for farmers and making quality tilapia more affordable and accessible. The platform enables farmers to source quality feed, adopt precision fish farming technology, access new markets, secure credit for farm growth, thereby enhancing productivity, income, and fostering an inclusive community-based aquaculture value chain.

VantagePay

Series A in 2022
VantagePay is a provider of white-label payment and technology solutions tailored for governments, central banks, banks, telecommunications companies, and fintech across Africa. The company operates a comprehensive platform that facilitates the design, development, and deployment of mobile banking and payment applications across various operating systems. Additionally, VantagePay offers payment switching and gateway services enhanced by AI-driven optimization and redundancy. This enables clients to deliver intuitive and seamless payment experiences, ultimately empowering a broader population to access essential financial services.

Afrikamart

Venture Round in 2021
Afrikamart is a West African distribution platform focused on fresh produce, serving as a vital link between producers and customers, including retailers, hotels, and restaurants. The company utilizes digital technology and its expertise in the food value chain to facilitate effective communication regarding pricing, product availability, and market forecasts. Afrikamart organizes comprehensive logistics through a network of transporters, ensuring efficient financial and product flows tailored to various purchasing and payment terms. By leveraging artificial intelligence and innovative algorithms, Afrikamart enhances the efficiency, accessibility, and profitability of agribusiness, enabling farmers to engage in fair trade practices. Additionally, the company is committed to empowering underprivileged women and young people, creating economic opportunities while addressing inefficiencies within the food value chain in West Africa.

Omnisient | Collaborative Consumer Intelligence

Series A in 2021
Omnisient (Pty) Ltd operates intersect.ai, an online platform that facilitates secure data sharing and collaboration among businesses while safeguarding data privacy and information security. Founded in 2014 and based in Cape Town, South Africa, the company empowers users to monetize their data by creating revenue-generating data sets, evaluating them, and enabling secure trading of these sets. The platform employs advanced cryptography and artificial intelligence to address privacy concerns, allowing businesses to access consumer data ecosystems efficiently. Omnisient's innovative approach supports businesses in enhancing their profitability and fostering growth through effective data collaboration.

OKO

Seed Round in 2021
OKO is a provider of crop micro-insurance services aimed at supporting farmers in emerging markets. The company leverages satellite information to assess risk and design tailored insurance products specifically for agricultural needs. By utilizing mobile technologies, OKO facilitates the distribution of insurance, collection of premiums, and management of claims. This innovative approach allows small farmers to access personalized and automated crop insurance policies at affordable rates, providing them with financial security against adverse weather conditions such as droughts and excessive rainfall.

Complete Farmer

Seed Round in 2021
Founded in 2017, Complete Farmer is a Ghana-based company that offers end-to-end digital agriculture solutions. It manages crop farms and develops IoT-based software with machine learning algorithms for farm monitoring. The platform connects global agricultural commodity buyers directly with African farmers, promoting sustainable farming practices and food security.

MooMe

Seed Round in 2021
MooMe specializes in innovative software and hardware solutions to monitor and enhance dairy farming production across the entire value chain. Their focus is on empowering smallholder dairy farmers in Africa with affordable, cutting-edge technology for improved profitability, traceability, and sustainability.

SenseGrass

Seed Round in 2021
Founded in 2017, SenseGrass develops IoT devices and AI software for sustainable farming. It offers real-time soil intelligence via sensors and analytics, enabling farmers to optimize nutrient management, reduce chemical fertilizer use, and increase crop yields.

Shortlist

Venture Round in 2021
Shortlist Professional Services Private Limited operates an online recruitment platform focused on helping employers in India and East Africa hire candidates based on skills and potential rather than traditional credentials. Founded in 2015 and headquartered in Mumbai, the company serves junior to mid-level and commercial roles, sourcing candidates from local markets. The platform employs predictive chat-based interviews and online competency assessments to streamline the hiring process, allowing employers to bypass the more time-consuming and biased stages of recruitment. Through its innovative approach, Shortlist aims to support growing enterprises in finding the right talent efficiently and effectively.

HerVest

Pre Seed Round in 2020
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.

Solaris Offgrid

Venture Round in 2020
Solaris Offgrid develops and installs solar energy systems, utilizing smart technology and mobile payments for scalable off-grid power solutions. Its flagship product, Solaris, provides clean LED lighting, communication access, and enterprise opportunities to households and businesses in rural Africa.

FCB.ai

Seed Round in 2020
FCB.ai develops conversational AI infrastructure for the financial industry. Its platform enables financial service providers to acquire and retain customers by delivering interactive, human-like conversations that simplify access to financial services and improve the customer journey. The technology aims to increase engagement and conversion by enabling interactions with many potential and existing clients.
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