Kaleo Ventures

Kaleo Ventures is a venture capital firm based in Dallas, Texas, founded in 2023. The firm focuses on investing in pre-seed and early-stage technology companies throughout Africa. By targeting the African market, Kaleo Ventures aims to support innovative entrepreneurs and foster the growth of new technologies that can address various challenges within the region.

Andrew Firman

Co-Founder and Managing Director

32 past transactions

mystocks.africa

Angel Round in 2025
Robinhood App of Africa. Trade all African Stocks from one app.

Billboxx

Pre Seed Round in 2024
Billboxx is a developer of a cash flow management platform that assists small businesses in streamlining their operations. The platform automates bookkeeping tasks and simplifies the billing and payment processes, helping clients manage their revenues and expenses efficiently. By reducing errors and eliminating manual work, Billboxx enhances productivity for its users, enabling them to focus on their core business activities. The company aims to support small businesses in their essential role within the economy by ensuring timely payments and facilitating smoother financial transactions.

Lingawa

Pre Seed Round in 2024
Lingawa is an emerging edtech company focused on making quality education accessible to a diverse audience. It operates an online tutoring platform that offers engaging lessons in native languages, catering to students of all ages, from children as young as five to adults. The platform features a variety of courses and connects learners with experienced tutors who employ creative and critical thinking techniques. By utilizing technology and innovative teaching methods, Lingawa aims to provide affordable and personalized educational solutions that enhance traditional schooling and promote language learning.

Beacon Power Services

Series A in 2024
Beacon Power Services, established in 2013 and headquartered in Lagos, Nigeria, specializes in designing and implementing energy management solutions for commercial and industrial facilities. The company's core offering is its AI-enabled grid management platform, Adora, which provides real-time visibility into network performance for electric utilities, enabling them to anticipate outages, identify network losses, and distribute electricity more efficiently. Additionally, Adora empowers consumers with control over their energy infrastructure, facilitating invoicing, installations, and logistics. Beacon Power Services aims to enhance the quality and duration of electricity supplied in African cities by building smart grids and leveraging data to reduce inefficiencies in power distribution systems.

PBR Life Sciences

Pre Seed Round in 2024
PBR Life Sciences is a company that specializes in connecting businesses within the life sciences industry with real-world opportunities. It achieves this by leveraging a unique combination of data, technology, and human expertise. The company has developed a cloud-based data platform that provides pharmaceutical companies with valuable insights through data analytics, visualization, and real-world diagnosis and prescription data. This platform enables these companies to optimize their commercial success and effectively navigate market challenges.

PBR Life Sciences

Pre Seed Round in 2024
PBR Life Sciences is a company that specializes in connecting businesses within the life sciences industry with real-world opportunities. It achieves this by leveraging a unique combination of data, technology, and human expertise. The company has developed a cloud-based data platform that provides pharmaceutical companies with valuable insights through data analytics, visualization, and real-world diagnosis and prescription data. This platform enables these companies to optimize their commercial success and effectively navigate market challenges.

KaFresh

Seed Round in 2023
KaFresh produces organic plant based edible spray coating that helps to maintain ripeness and freshness of fruits.

Jump n Pass

Pre Seed Round in 2023
Jump n Pass is an online platform that focuses on enhancing the shopping experience by offering a mobile self-checkout solution. The company's software allows users to scan product barcodes and complete payments directly through their smartphones, enabling shoppers to bypass long queues in stores. This innovative approach not only saves time for customers but also assists retail store owners in increasing operational efficiency and reducing costs. By streamlining the checkout process, Jump n Pass aims to make shopping more convenient and efficient for both consumers and retailers.

Ivorypay

Pre Seed Round in 2023
Ivorypay is a blockchain-based remittance and crypto payment service provider focused on enhancing financial transactions for businesses in Africa. The company aims to facilitate seamless and cost-effective cross-border transactions while minimizing foreign exchange restrictions. By offering a platform that connects businesses to a global decentralized network, Ivorypay enables both online and offline enterprises to accept payments in various cryptocurrencies. This innovative approach not only supports the growing base of crypto adopters on the continent but also fosters improved spending opportunities in the rapidly evolving digital economy.

Hulugram

Pre Seed Round in 2023
Hulugram is a technology company that develops a comprehensive, chat-based application designed for social engagement and digital transformation in Africa. Their platform integrates various services such as communication, ride-hailing, shopping, digital payments, bill management, and more, allowing users to address multiple needs within a single, convenient interface.

PipeOps

Pre Seed Round in 2023
PipeOps, established in 2021 and based in Lekki, Lagos, specializes in streamlining software deployment, monitoring, and scaling. Its core product is a no-code tool platform that simplifies cloud deployments and infrastructure management. The platform offers a user-friendly graphical interface, supports multiple frameworks, and automates build triggers, empowering businesses of all sizes to deploy applications more efficiently.

Reeple

Pre Seed Round in 2023
Finver creates a technological infrastructure that decreases credit access and credit risk. Finver helps clients in combining all of their bank accounts, linking all of their cards, and making payments across numerous accounts using a single card and platform. Finver is headquartered in Lagos, Lagos.

Fingo Africa

Venture Round in 2023
Fingo Africa is a fintech startup focused on delivering digital banking services tailored for the youth. The company offers a range of services, including current accounts, money transfers, bill payments, and online utilities. Fingo's platform allows users to conduct real-time transactions and facilitates link-based payments, making it easier for individuals to send money to friends, family, or businesses. Additionally, Fingo provides features that support saving goals, enhancing the user experience and financial management for its target demographic.

Kunda Kids

Pre Seed Round in 2023
Kunda Kids is a children's publishing and media company dedicated to promoting diversity and inclusion in children's literature. The company focuses on inspiring the next generation by celebrating African history and culture through its offerings. Kunda Kids publishes children's books, animations, and digital learning resources, available via a digital learning platform that includes an app. The content features stories, audiobooks, and animations designed to engage children with inspiring and adventurous characters. By emphasizing essential life skills such as self-confidence, teamwork, and kindness, Kunda Kids seeks to support the development and well-being of children.

Zydii

Pre Seed Round in 2023
Zydii Limited is an online learning and teaching platform based in Nairobi, Kenya, founded in 2016. The company focuses on delivering localized digital training solutions specifically designed for the African workforce. Zydii offers a range of affordable and relevant personal development courses, digital courses, and virtual programs, catering to learners, instructors, and businesses. Its proprietary platform supports both online and offline access through USSD and SMS, ensuring that educational resources are engaging and widely accessible. By providing tailor-made courses, Zydii aims to facilitate skill development and drive transformative growth for its users.

Scale

Pre Seed Round in 2023
Scale operates as a digital platform aimed at simplifying the bid preparation process for small and medium-sized enterprises (SMEs). By transitioning businesses from traditional, manual methods to a fully digitized system, Scale helps SMEs become procurement-ready, ensuring that they can respond to tender opportunities efficiently. The platform guides users through the bidding process, promoting accuracy and consistency in their submissions. Additionally, it facilitates the management of tenders and supplier relationships, allowing SMEs to streamline their operations and increase their chances of winning more business opportunities. Through its comprehensive approach, Scale empowers SMEs to save time and resources while enhancing their competitiveness in the market.

SunFi

Seed Round in 2023
Developer of an energy financial technology platform designed to provide information on payment plans for solar installations. The company's platform helps to provide personalized payment plans, installation support, after-sale service, and a wide range of repayment plans along with a tracker for schedules and invoice downloads, enabling users to access payment structures that match their needs.

Cutstruct

Pre Seed Round in 2022
Cutstruct operates a technology-driven platform designed to enhance the efficiency and cost-effectiveness of construction projects. The platform serves various construction needs, including price discovery and comparison of materials, optimized procurement processes, and comprehensive project monitoring and management. By facilitating the purchasing of materials, hiring of labor, and overseeing of project logistics, Cutstruct aims to empower construction stakeholders to execute their projects with greater confidence and value. The company's applications are geared towards maximizing the potential of every investment in construction, making it easier for individuals and businesses to navigate the building process.

LaborHack

Pre Seed Round in 2022
LaborHack is a digital platform that connects construction businesses with a pool of trained, tested, and vetted skilled workers available on demand. The platform serves as an online marketplace for artisans, offering an exclusive network of certified professionals including carpenters, plumbers, electricians, masons, and welders. By facilitating access to these qualified workers, LaborHack enables companies and households to hire on-demand artisans, ensuring that projects are completed efficiently and on schedule. The platform streamlines the hiring process, allowing businesses to find the right talent for their specific needs.

Feather Africa

Pre Seed Round in 2022
Feather Africa is a financial technology company that specializes in facilitating money transaction services. Its platform enables users to send and receive money seamlessly through a mobile application, eliminating the need for traditional banking methods. One of its key features allows users to withdraw cash without the use of ATM cards by directing funds to nearby cash vendors. This innovative approach simplifies the movement of money and enhances accessibility for users, making it easier to conduct transactions without the need to visit banking halls.

Trade Lenda

Pre Seed Round in 2022
Trade Lenda is a digital financial service provider focused on enhancing access to credit for micro, small, and medium enterprises (MSMEs) in Nigeria. Recognizing that access to finance is a significant barrier for these businesses, Trade Lenda utilizes alternative data sources to assess the character and capacity of loan applicants, thereby streamlining the credit evaluation process and minimizing reliance on traditional collateral. This innovative approach addresses the challenges faced by MSMEs, which play a crucial role in the economy by contributing to job creation and GDP. In addition to offering short-term loans to support working capital needs, Trade Lenda plans to expand its services to include micro savings, insurance, investment, and pension solutions, further empowering MSMEs and enhancing their financial stability.

Landlord Heaven

Venture Round in 2022
Landlord Heaven provides property technology services. Their solutions are designed to help customers maximize their rental real estate investments and protect their legacies. They help landlords guarantee and increase their rental income.

Zydii

Pre Seed Round in 2022
Zydii Limited is an online learning and teaching platform based in Nairobi, Kenya, founded in 2016. The company focuses on delivering localized digital training solutions specifically designed for the African workforce. Zydii offers a range of affordable and relevant personal development courses, digital courses, and virtual programs, catering to learners, instructors, and businesses. Its proprietary platform supports both online and offline access through USSD and SMS, ensuring that educational resources are engaging and widely accessible. By providing tailor-made courses, Zydii aims to facilitate skill development and drive transformative growth for its users.

Logistics Hub

Pre Seed Round in 2022
Logistics Hub is a technology-driven freight and logistics company that specializes in last-mile delivery solutions. It offers a digital platform enabling businesses to schedule deliveries, connect with riders, and monitor progress in real-time. The company's services cater to various needs, including on-demand e-commerce deliveries, inter-state transportation, and import services, all aimed at streamlining workflows and enhancing customer satisfaction.

Tripesa

Pre Seed Round in 2022
Tripesa is a company focused on enhancing Africa's travel and tourism sector through innovative payment solutions and digital technology. It develops comprehensive systems that enable tourism-related businesses to create secure, customizable websites and web applications. Tripesa’s platform includes essential features such as inventory management, booking and payment processing, and event management tools, all accessible via a user-friendly dashboard. By providing these solutions, Tripesa supports businesses in scaling their operations and improving their overall service offerings within the tourism industry.

Beacon Power Services

Seed Round in 2022
Beacon Power Services, established in 2013 and headquartered in Lagos, Nigeria, specializes in designing and implementing energy management solutions for commercial and industrial facilities. The company's core offering is its AI-enabled grid management platform, Adora, which provides real-time visibility into network performance for electric utilities, enabling them to anticipate outages, identify network losses, and distribute electricity more efficiently. Additionally, Adora empowers consumers with control over their energy infrastructure, facilitating invoicing, installations, and logistics. Beacon Power Services aims to enhance the quality and duration of electricity supplied in African cities by building smart grids and leveraging data to reduce inefficiencies in power distribution systems.

Zeraki

Seed Round in 2022
Zeraki is an educational technology company focused on improving access to quality education and facilitating transitions between educational levels and into employment. The company's platform enhances the educational experience by addressing obstacles that learners face, offering insights that support informed decision-making for educational stakeholders. By streamlining administrative tasks and providing valuable resources, Zeraki aims to elevate the standards of education and empower students throughout their academic journeys.

Releaf

Seed Round in 2022
Releaf is a Nigerian supply chain technology firm established in 2017 that operates as an online marketplace connecting agribusiness buyers and sellers. The company focuses on sourcing ingredients for African food factories, particularly targeting crops such as cassava, palm oil, ginger, cashew nuts, fish, maize, cocoa, kola nuts, yam, and sesame seeds. By utilizing digital technologies, including USSD and open banking, Releaf engages with over 2,000 smallholder farmers, facilitating the supply of high-quality palm kernel nuts to food manufacturers. The firm also provides extension services to these farmers and converts raw materials into factory-grade inputs for the vegetable oil sector. With a vision to create climate-adaptive supply chains in response to Africa's growing population, Releaf aims to enhance efficiency in food production and support the agricultural ecosystem.

Notto

Pre Seed Round in 2022
Notto operates a platform designed to track rent and assess the creditworthiness of tenants, particularly those in low-income or mass-market segments. By utilizing bill payment data, Notto computes alternative credit scores that help tenants demonstrate their reliability to lenders. The platform provides features such as access to past rental payments and a unique Notto score, fostering a sense of safety and security for users. This service is particularly beneficial for African consumers and individuals engaged in small businesses or the informal economy, enabling them to secure mortgages at reasonable interest rates while enhancing their financial credibility.

HealthDart

Venture Round in 2022
HealthDart is a healthcare technology company that focuses on improving access to health services in middle-income areas. The company operates a digital health application that connects users with a network of local, independent pharmacies and healthcare providers. Through this platform, HealthDart offers a range of services, including the ability to manage healthcare needs, receive in-person consultations with verified nurses and doctors, and obtain instant health advice. Users can easily order medications and health products for doorstep delivery, facilitating more affordable and convenient access to essential healthcare services.

Decagon

Seed Round in 2022
Decagon is a Lagos-based company founded in 2018 that focuses on transforming high-potential individuals into skilled tech talent through a rigorous merit-based training program. It recruits the top 0.5% of tech talent in Africa, producing world-class software engineers equipped with deploy-ready skills in various programming languages and methodologies, including Node, Java, iOS, Android, C#, Python, and agile practices. In addition to software development training, Decagon operates as a digital product engineering hiring agency, providing vetted remote software engineering talent to companies worldwide. The company offers comprehensive services that include recruiting, ongoing HR management, and custom onboarding, ensuring that businesses have access to skilled engineers who can meet their specific product needs. Decagon currently serves leading companies in major cities such as Austin, New York City, Berlin, London, and Rome.

Gamp

Pre Seed Round in 2022
Gamp is a company specializing in device protection and support services specifically for consumer electronics. It offers convenient post-sale assistance by arranging pick-ups and drops for gadgets, allowing customers to avoid the hassle of visiting service centers. Gamp provides repair services for a wide range of electronic devices, including smartphones and computers, catering to products from several well-known manufacturers.
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