Caleo Capital

Caleo Capital is a privately owned investment management firm established in 2011 and based in Houghton, South Africa. The company specializes in asset management and offers a range of services including wealth management and corporate advisory. Through its investment strategies, Caleo Capital aims to meet the financial needs of its clients while providing expert guidance in various financial matters.

David Iraka

Executive Partner, Africa and Emerging Markets

Garth Wellman

Co-Founder, Co-CEO, Management Team Executive, Board of Directors, Investment Committee Member, Family Office Executive, Asset Management Executive

4 past transactions

Cell Probio

Series B in 2022
Cell Probio is a manufacturer of cell culture consumables, positioned in the R&D, production and sales of high-end biological consumables.

Backd

Debt Financing in 2019
Backd develops financial solutions that offer a fast and easy way to fund businesses. Backd assists businesses in tailoring funding and adjusting payment options for daily, weekly, or semi-monthly payments. Whether businesses require working capital or equipment leasing, Backd will provide efficiency, simplicity, and a business partner.

ProfitShare Partners

Seed Round in 2017
ProfitShare Partners, established in 2017 and based in Johannesburg, specializes in providing short-term capital solutions to small, medium, and micro-enterprises. The company leverages technology and a unique profit-sharing model to offer quick, reliable funding, enabling businesses to secure larger contracts, manage risks, and accelerate growth.

Jemstep

Series A in 2013
Jemstep Inc. is a financial technology company based in Los Altos, California, founded in 2008. It specializes in online investment guidance and management services aimed at individual investors and financial advisors. Jemstep offers a range of services, including ratings and analysis of mutual funds and exchange-traded funds (ETFs), as well as tools for asset allocation, portfolio management, and investment research. The company also provides an automated client engagement and onboarding platform, known as Jemstep Advisor Pro, which helps investment advisors enhance their business operations by attracting prospects and improving client service. This platform integrates with various service providers to create a customizable system that supports registered investment advisors and broker-dealers in scaling their businesses effectively.
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