African Originals
Seed Round in 2024
African Originals is a food and beverage company specializing in the production of authentic craft beverages derived from traditional recipes. The company focuses on creating drinks made from real fruits, vegetables, and teas, offering a diverse range of products that includes alcoholic ciders and non-alcoholic iced teas. By utilizing locally inspired ingredients, African Originals aims to provide consumers with healthier alternatives to conventional snacks and sugary drinks. The company's commitment to authenticity and quality reflects its dedication to promoting traditional African beverage-making practices.
Nuzo is an e-commerce marketplace that provides users with cost-effective payment solutions and cryptocurrency rewards. The company allows customers to earn loyalty tokens through shopping and offers various financial services, including staking and bill payment options. Utilizing a blockchain-based platform, Nuzo facilitates the trading of reward tokens, enhancing the ease with which users can manage and exchange their rewards across the country. Through these innovative offerings, Nuzo aims to create a user-friendly environment that encourages savings and rewards in the digital economy.
Klub
Venture Round in 2024
Klub is a fintech company that specializes in providing flexible revenue-based financing to digital businesses and small to medium-sized enterprises (SMEs) with recurring revenues. By leveraging financial innovation and deep data analytics, Klub offers tailored growth capital solutions to high-affinity brands across various sectors. The company facilitates access to funding through multiple capital structures, catering to businesses at different stages of their growth. This includes financing for marketing, inventory, and capital expenditures. Klub collaborates with non-banking financial institutions, high net worth individuals, and financial institutions to empower entrepreneurs and help them scale their operations effectively. Through its investment platform, Klub aims to support the growth of beloved brands while ensuring a vested interest in their success.
Sukhiba
Seed Round in 2023
Sukhiba is a decentralized community-based commerce platform that focuses on enhancing customer engagement through conversational commerce. It provides businesses with tools designed to facilitate interactions via WhatsApp, allowing for efficient management of customer relationships. The platform enables companies to send notifications, process orders, and streamline operations, ultimately supporting growth in sales. By leveraging conversational technology, Sukhiba aims to create a more interactive and responsive shopping experience for both businesses and their customers.
Craydel
Pre Seed Round in 2023
Craydel is an educational information platform dedicated to enhancing the experience of students and working professionals in Africa as they explore higher education opportunities. The platform offers a comprehensive selection of undergraduate, postgraduate, and vocational programs from reputable universities and colleges across 15 countries. Users can easily compare various academic options, including degrees, diplomas, and online certificate programs, which allow them to assess their interests before committing to a specific career path. By providing verified information about institutions and their tuition fees, Craydel enables individuals to make informed decisions that align with their career goals, personal preferences, academic performance, and financial considerations.
Helium Health
Series B in 2023
Helium Health is a technology company focused on transforming healthcare in Africa by providing a comprehensive suite of software solutions for hospitals and clinics. The company specializes in electronic health record systems that facilitate the management of patient data and hospital operations. Its platform simplifies various processes, including doctor visits, prescriptions, and medical billing, making it accessible from any device. Additionally, Helium Health offers customizable forms and tools for monitoring healthcare trends, generating alerts, and producing reports. By leveraging technology, the company aims to create a modern and affordable healthcare system while aspiring to become the largest healthcare data exchange in Africa.
Leta
Pre Seed Round in 2022
Leta Technology is a software development company that specializes in supply chain and logistics solutions. It offers a mobile tracking and logistics platform designed to efficiently monitor orders, vehicles, and drivers. The software optimizes fleet management and enhances order fulfillment by automatically assigning vehicles to trips based on factors such as capacity, traffic conditions, and driver schedules. Additionally, it proactively tracks driver and vehicle metrics, facilitating the automated movement of goods. By focusing on fuel consumption monitoring, Leta's solutions help logistics businesses reduce costs and their carbon footprint, thereby transforming operations to maximize productivity and profitability.
UTU Technologies Inc., established in 2017 and headquartered in Nairobi, Kenya, specializes in building trust infrastructure for the internet. It focuses on enhancing user interactions, particularly in Web3 and DeFi spaces, by providing AI-driven curation of trust signals. UTU's blockchain protocol incentivizes users to build trust online, with a 'Review-to-Earn' model that rewards them with UTU Trust Tokens and UTU Coins. This model fosters a more secure and trustworthy environment, benefiting both users and platforms.
Omnibiz
Seed Round in 2022
Omnibiz is a B2B e-commerce platform based in Lagos, Nigeria, founded in 2019. It specializes in serving FMCG manufacturers, distributors, and retailers by digitizing the supply chain to enhance operational efficiency. The platform offers tools that improve reliability, visibility, and financial capability for local businesses. Its software features order tracking and integrated payment options, enabling seamless transactions and helping businesses navigate the complexities of the modern market. Omnibiz is dedicated to supporting local enterprises in achieving their goals through an optimized supply chain framework.
Sava
Pre Seed Round in 2022
Sava is a multi-management platform focused on business spending and financial control. It offers an unlimited number of virtual cards, allowing companies to manage their expenses efficiently. The platform integrates automated accounting reconciliation and utilizes business accounting software to help organizations maintain precise oversight of their finances. By classifying transactions and streamlining the reconciliation process, Sava enables businesses to optimize their financial management and supports their growth with essential tools and credit solutions.
Jumba
Pre Seed Round in 2022
Jumba is a construction technology platform based in Nairobi, Kenya, established in 2022. The company focuses on optimizing B2B construction material purchases and financing, serving as a vital link between manufacturers and retailers. Its platform allows businesses to order a range of materials, including cement, steel, paint, tiles, plumbing, electrical supplies, and finishes for kitchens and bathrooms, with the option to pay later. By connecting small hardware stores with medium-sized retailers in their vicinity, Jumba facilitates inventory updates and streamlines the construction supply chain in Africa, making the procurement process more efficient for hardware retail establishments.
Sukhiba
Pre Seed Round in 2022
Sukhiba is a decentralized community-based commerce platform that focuses on enhancing customer engagement through conversational commerce. It provides businesses with tools designed to facilitate interactions via WhatsApp, allowing for efficient management of customer relationships. The platform enables companies to send notifications, process orders, and streamline operations, ultimately supporting growth in sales. By leveraging conversational technology, Sukhiba aims to create a more interactive and responsive shopping experience for both businesses and their customers.
Omnibiz
Seed Round in 2022
Omnibiz is a B2B e-commerce platform based in Lagos, Nigeria, founded in 2019. It specializes in serving FMCG manufacturers, distributors, and retailers by digitizing the supply chain to enhance operational efficiency. The platform offers tools that improve reliability, visibility, and financial capability for local businesses. Its software features order tracking and integrated payment options, enabling seamless transactions and helping businesses navigate the complexities of the modern market. Omnibiz is dedicated to supporting local enterprises in achieving their goals through an optimized supply chain framework.
Umba is a digital banking company based in Nairobi, Kenya, founded in 2017. It offers a mobile application that provides a range of financial services, including free bank accounts and the ability to apply for, receive, and repay microloans directly through mobile devices. The platform employs machine learning to assess credit eligibility and create risk scores, which helps optimize risk management for users and financial institutions. By delivering an interconnected ecosystem of financial services, Umba empowers customers in Kenya and Nigeria to gain complete control over their finances in a single app.
Contalink
Seed Round in 2022
Contalink is a developer of a SaaS-based web accounting automation platform aimed at assisting accountants in Mexico. The company's platform streamlines accounting, finance, and administrative tasks, ensuring compliance with taxation and regulatory requirements. By automating workflows, Contalink helps reduce operational costs and eliminates the need for costly licenses, thereby enabling accountants to enhance their service offerings. This innovative solution not only optimizes existing processes but also empowers accountants to generate new sources of income while serving their clients more effectively.
Jingle Pay
Corporate Round in 2022
Jingle Pay is a financial technology company that provides a mobile payment platform designed for both enterprise and individual users. It offers an AED account that is free of fees and commitments, allowing customers to store, spend, and send money across 160+ countries in over 99 currencies at competitive exchange rates. The company specializes in multi-currency accounts, card payments, international money transfers, and peer-to-peer transactions, including options for bill splitting and payment requests. By partnering with established financial institutions and technology companies, Jingle Pay delivers a range of financial services that enhance accessibility to banking and financial management tools for its users.
Ando Foods
Seed Round in 2022
The ANDO platform offers an end-to-end technology stack that begins when an order is placed and ends when an order is delivered and guest feedback is collected. The company's technologically advanced commercial kitchens ensure that all food is produced while keeping very sensitive prep times and quality requirements in mind.
Diversio is a company focused on enhancing diversity, equity, and inclusion within organizations through a people intelligence platform. By utilizing artificial intelligence, Diversio provides data-driven insights to measure, track, and improve inclusivity in the workplace. The platform aids organizations in identifying barriers to diversity and fosters an environment that prioritizes feedback, transparency, and collaboration. With a diverse team that includes members who have immigrated from various countries and possess expertise in fields such as technology, law, and business, Diversio embodies its mission of leveraging fresh ideas and rigorous analytics to promote inclusive practices. The founders bring extensive experience from consulting, academia, and operations, underscoring the belief that inclusive teams yield better results and positively impact the bottom line.
Craydel
Pre Seed Round in 2021
Craydel is an educational information platform dedicated to enhancing the experience of students and working professionals in Africa as they explore higher education opportunities. The platform offers a comprehensive selection of undergraduate, postgraduate, and vocational programs from reputable universities and colleges across 15 countries. Users can easily compare various academic options, including degrees, diplomas, and online certificate programs, which allow them to assess their interests before committing to a specific career path. By providing verified information about institutions and their tuition fees, Craydel enables individuals to make informed decisions that align with their career goals, personal preferences, academic performance, and financial considerations.
Appetito
Seed Round in 2021
Appetito is an online grocery delivery platform that specializes in providing customers with a variety of food and grocery products. The company focuses on delivering daily fresh baked goods, along with a wide selection of savory and sweet snacks. By offering convenience and quality, Appetito enables customers to easily order essential items and have them delivered directly to their doorstep, enhancing the grocery shopping experience.
Fingo Africa
Venture Round in 2021
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.
Fingo Africa
Seed Round in 2021
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.
Ando Foods
Pre Seed Round in 2021
The ANDO platform offers an end-to-end technology stack that begins when an order is placed and ends when an order is delivered and guest feedback is collected. The company's technologically advanced commercial kitchens ensure that all food is produced while keeping very sensitive prep times and quality requirements in mind.
Suplias
Seed Round in 2021
Suplias is an application that connects retail outlets to consumer goods manufacturers. The company was founded in 2020 and is headquartered in Opebi, Lagos.
Ilara Health
Series A in 2020
Ilara Health is a company based in Nairobi, Kenya, founded in 2018, that specializes in the development and distribution of AI-powered diagnostic devices aimed at primary care doctors in peri-urban and rural clinics. The company's innovative technology platform integrates miniature diagnostic devices with software that connects to an electronic medical record system, allowing healthcare providers to efficiently manage patient data. By focusing on accurate and affordable diagnostics, Ilara Health seeks to enhance healthcare accessibility and quality for rural populations in Africa, addressing the challenges posed by a fragmented healthcare infrastructure.
TradeDepot
Series B in 2020
TradeDepot Inc. is a technology-driven distribution platform based in Lagos, Nigeria, founded in 2016. The company aims to revolutionize the fast-moving consumer goods (FMCG) sector in Africa by connecting top consumer goods companies directly with retailers. TradeDepot's SaaS platform offers features such as predictive trade intelligence, real-time stock level access, and the ability to place bulk orders online. It also enables the auto-generation of sales promotions, helping to enhance sales and streamline operations. By focusing on improving the distribution of food, beverages, and personal care products, TradeDepot seeks to build the largest retail distribution network in Africa and improve the livelihoods of retail store owners. The company also has an office in Wilmington, Delaware, reflecting its commitment to expanding its reach and impact.
Carry1st
Seed Round in 2020
Carry1st is a mobile games publisher focused on social games and interactive content, specifically targeting frontier markets such as Africa. Founded in 2018 by Cordel Robbin-Coker, Lucy Hoffman, and Tino Mundangepfupfu, the company employs a diverse team of 29 professionals across 14 countries, many of whom have backgrounds in notable firms like Carlyle and Rovio. Carry1st offers comprehensive services that include publishing, distribution, localization, user acquisition, marketing, customer experience, and monetization, allowing game developers to connect with global content owners and tap into emerging markets. The company has successfully raised over $10 million in funding, including a significant Series A investment, which it plans to utilize for scaling its portfolio, forming new partnerships with global gaming studios, and expanding its workforce.
Bamboo is a digital investment platform based in Lagos, Nigeria, that allows users to buy, hold, or sell stocks listed on the United States and Nigerian stock markets. The platform offers real-time access to stock trading through a mobile application and web interface, making it convenient for users to manage their investments from various devices. By focusing on user-friendly technology, Bamboo aims to simplify the investment process for individuals looking to participate in global financial markets.
GET IT Rwanda
Series A in 2020
GET IT is providing produce and dry goods delivery services, including cold storage, beginning with hotels and restaurants. Through its focus on systems, training and superior execution, GET IT seeks to solve the deficiency of cold storage and logistics services in Rwanda and beyond. The company sources produce directly from farmers, cutting out several middlemen who add little value, providing higher quality products at lower cost. GET IT is also introducing new, high demand products to the East African market.
Ilara Health
Seed Round in 2019
Ilara Health is a company based in Nairobi, Kenya, founded in 2018, that specializes in the development and distribution of AI-powered diagnostic devices aimed at primary care doctors in peri-urban and rural clinics. The company's innovative technology platform integrates miniature diagnostic devices with software that connects to an electronic medical record system, allowing healthcare providers to efficiently manage patient data. By focusing on accurate and affordable diagnostics, Ilara Health seeks to enhance healthcare accessibility and quality for rural populations in Africa, addressing the challenges posed by a fragmented healthcare infrastructure.
Lynk Jobs
Venture Round in 2019
Lynk Jobs Limited operates a digital platform that connects informal workers with customers seeking various services, including housekeeping, plumbing, electrical work, and carpentry. Founded in 2015 and headquartered in Nairobi, Kenya, Lynk allows users to describe the projects or tasks they need assistance with and queries professionals that match those descriptions. The platform provides quotes from verified professionals and manages the logistics of service delivery. In addition to connecting service providers and customers, Lynk offers training courses aimed at personal and professional development for its workers. By addressing the challenges faced by informal workers and the households and businesses that require their services, Lynk facilitates effective recruitment, smart job matching, and a customer rating system that helps workers build their skills profiles.
Savannah Brands
Seed Round in 2019
Savannah Brands is a craft beverage company based in Limuru, Kenya, specializing in the manufacture of flavored ciders and spirit mixers. Founded in 2017, the company offers a diverse range of products, including dawa honey cider, mango cider, chili cider, tropical fruit cider, zobo cider, and lime cider, among others. In addition to its beverage offerings, Savannah Brands also engages in community-building activities by organizing live music events. The company's focus on local flavors and innovative products reflects its commitment to the East African market.
Guidewheel
Seed Round in 2019
Guidewheel is a developer of an AI-powered FactoryOps platform designed to enhance productivity and profitability for manufacturers across their operations. The platform is non-intrusive, resembling a smartwatch, and utilizes advanced technology to monitor machines by analyzing their electrical activity to determine operational speed, startup, and shutdown times, as well as identifying potential issues before they escalate. Guidewheel's solution incorporates additional sensors and features that contribute to both profit enhancement and sustainability efforts while maintaining a user-friendly, modular, and scalable interface. Founded at Stanford University, the company has successfully partnered with hundreds of manufacturers, achieving an average runtime improvement of 40%. Recognized by the World Economic Forum as a Tech Pioneer, Guidewheel aims to become the leading real-time intelligence platform for the world's factories, significantly impacting business operations and addressing climate change.
Kobo360
Seed Round in 2018
Kobo360 is a digital logistics platform founded in 2017 and headquartered in Lagos, Nigeria. It connects manufacturers and cargo owners with truck operators, utilizing technology and data analytics to streamline haulage operations. By creating an integrated logistics ecosystem, Kobo360 aims to enhance supply chain efficiency and reduce costs for all stakeholders, including cargo owners, truck owners, and drivers. The platform addresses logistics challenges by offering real-time visibility, optimizing routes, and improving last-mile delivery. Additionally, Kobo360 is working to enter the agro-trading sector, facilitating a marketplace that directly links farmers with global buyers, thereby reducing reliance on middlemen and increasing profits for smallholder farmers. The company's mission is to develop a comprehensive Global Logistics Operating System that fosters trade and commerce across Africa and emerging markets.
Cinch Markets
Seed Round in 2018
Cinch Markets is an agricultural technology company focused on creating a farming ecosystem that bridges the gap between industrial-scale efficiencies and the needs of small farmers. By making strategic infrastructure investments in land, Cinch Markets enables smallholder farmers to transition into profitable activities such as export horticulture. The company's approach aims to ensure a reliable monthly income for these farmers while also providing them the opportunity to earn daily wages through work on the land. This model not only enhances the financial stability of individual farmers but also promotes sustainable agricultural practices.
Doorsteps
Seed Round in 2018
Doorsteps is an online real estate agency that simplifies the process of buying and selling homes. The platform provides users with access to dedicated agents and round-the-clock services, ensuring immediate communication with potential buyers. It also handles essential tasks such as Energy Performance Certificates (EPCs) and coordination with solicitors, making the selling process more efficient. By offering these services at an affordable price, Doorsteps aims to make real estate transactions more accessible to a wider audience.
Mobius Motors
Series A in 2018
Mobius Motors Ltd. is a vehicle manufacturer based in Nairobi, Kenya, established in 2011. The company focuses on designing, producing, and selling affordable vehicles tailored for the African mass market, specifically addressing the needs of consumers in developing regions. Mobius Motors' vehicles are engineered for durability and functionality, making them suitable for transporting heavy cargo, navigating rough and degraded terrains, and serving public transport and goods delivery needs. The company's mission is to enhance connectivity and improve the livelihoods of rural African communities by providing appropriate transportation solutions.
Wasoko
Corporate Round in 2017
Wasoko is an e-commerce platform that connects small retail shops in Africa to the digital economy, enhancing their access to essential goods and services. By facilitating seamless transactions, the platform allows informal retailers to conveniently order products via SMS or a mobile app, ensuring they receive free same-day delivery to their stores. This approach not only simplifies the sourcing process for shopkeepers but also helps manufacturers maintain consistent product availability for consumers. Through this model, Wasoko aims to boost sales and market coverage for companies operating in emerging markets, thereby fostering trade and economic growth across the continent.
ZUMI is a Kenyan company founded in 2016 that operates an online platform designed to connect wholesalers and retailers in the fashion and beauty sectors. Based in Nairobi, ZUMI empowers retailers, particularly women entrepreneurs, by providing essential technology, logistics, and financial services to help them scale their businesses. The platform facilitates a transparent and affordable marketplace where customers can place orders through SMS, phone calls, or via ZUMI Agents. Each morning, ZUMI collects orders from suppliers, and its logistics partners ensure delivery within 18 hours, allowing customers to pay conveniently using mobile money. Through its innovative approach, ZUMI aims to enhance the retail experience and improve access to products for its users.
Lynk Jobs
Seed Round in 2017
Lynk Jobs Limited operates a digital platform that connects informal workers with customers seeking various services, including housekeeping, plumbing, electrical work, and carpentry. Founded in 2015 and headquartered in Nairobi, Kenya, Lynk allows users to describe the projects or tasks they need assistance with and queries professionals that match those descriptions. The platform provides quotes from verified professionals and manages the logistics of service delivery. In addition to connecting service providers and customers, Lynk offers training courses aimed at personal and professional development for its workers. By addressing the challenges faced by informal workers and the households and businesses that require their services, Lynk facilitates effective recruitment, smart job matching, and a customer rating system that helps workers build their skills profiles.
KOKO Networks
Seed Round in 2017
KOKO Networks Ltd is a technology company founded in 2014 and based in Nairobi, Kenya, with additional offices in East Africa and India. The company develops a platform aimed at enhancing smart commerce in urban Africa. KOKO's innovative suite of technologies connects suppliers, retailers, and customers, facilitating the delivery of various consumer and business solutions designed to improve quality of life in African cities. Through its operations, KOKO Networks addresses the unique challenges of emerging markets by leveraging technology to streamline commerce and enhance accessibility to essential services.
Doorsteps
Seed Round in 2016
Doorsteps is an online real estate agency that simplifies the process of buying and selling homes. The platform provides users with access to dedicated agents and round-the-clock services, ensuring immediate communication with potential buyers. It also handles essential tasks such as Energy Performance Certificates (EPCs) and coordination with solicitors, making the selling process more efficient. By offering these services at an affordable price, Doorsteps aims to make real estate transactions more accessible to a wider audience.
KOKO Networks
Funding Round in 2015
KOKO Networks Ltd is a technology company founded in 2014 and based in Nairobi, Kenya, with additional offices in East Africa and India. The company develops a platform aimed at enhancing smart commerce in urban Africa. KOKO's innovative suite of technologies connects suppliers, retailers, and customers, facilitating the delivery of various consumer and business solutions designed to improve quality of life in African cities. Through its operations, KOKO Networks addresses the unique challenges of emerging markets by leveraging technology to streamline commerce and enhance accessibility to essential services.