CRE Venture Capital

CRE Venture Capital is a venture capital investment firm that focuses on early-stage technology companies connected to Africa. Founded in 2014 by Pardon Makumbe and Pule Taukobong, the firm is headquartered in New York, with an additional office in Lagos, Nigeria. CRE Venture Capital aims to invest in visionary founders who are creating category-defining companies that leverage the unique opportunities within the African market. The firm operates as a Registered Investment Adviser, emphasizing its commitment to supporting innovative businesses in the region.

Robel Chiappini

Investment Professional

David Eddyabasi

Investment Professional

Pardon Makumbe

Founder, President and Managing Partner

Toyosi Oni

Investment Professional

Catalin Voss

Venture Partner

Past deals in SADC

Sava

Pre Seed Round in 2022
Sava is a multi-management platform that provides an unlimited number of virtual cards as well as automated accounting reconciliation.

Stitch

Series A in 2022
Stitch operates a financial API platform that facilitates secure connections between bank accounts and various applications. By providing full API access to financial accounts, Stitch enables users to share their transaction history, confirm their identities, and initiate payments efficiently. The platform integrates directly with existing bank infrastructures, ensuring compliance and enhancing user experience through a lightweight single sign-on process. This approach allows clients to conduct fraud-free bank payments and access financial data with ease.

Stitch

Seed Round in 2021
Stitch operates a financial API platform that facilitates secure connections between bank accounts and various applications. By providing full API access to financial accounts, Stitch enables users to share their transaction history, confirm their identities, and initiate payments efficiently. The platform integrates directly with existing bank infrastructures, ensuring compliance and enhancing user experience through a lightweight single sign-on process. This approach allows clients to conduct fraud-free bank payments and access financial data with ease.

Carry1st

Seed Round in 2020
Carry1st is a prominent mobile games publisher based in New York, focused on the African market. Founded in 2018, the company develops and distributes interactive mobile applications tailored to the preferences of African consumers, particularly the youth. Its portfolio includes popular titles such as Carry1st Trivia and Hyper! games. By bridging the gap between global gaming trends and local demands, Carry1st aims to enhance the gaming experience in Africa while also introducing African games to a broader audience.

Flow

Seed Round in 2020
Flow is an app that makes renting easier, more affordable, and more rewarding. Tenants can get up to 20% of their rent back in rewards, every month. Landlords have an easy way to track their properties, collect rent on time, and communicate with their tenants. Visit https://flow.rent for more info.

SweepSouth

Venture Round in 2019
SweepSouth is a cleaning service company founded in 2014 by Aisha R. Pandor and Alen Ribic, based in Sandown, England. The company operates an online platform that connects clients with on-demand domestic cleaners, offering a convenient way to book various services, including home cleaning, gardening, pool cleaning, heavy lifting, and maintenance. Users can easily access the platform from their phones, tablets, or computers to find suitable pre-vetted professionals within minutes, catering to both residential and commercial sanitation needs.

Flow

Series A in 2019
Flow is an app that makes renting easier, more affordable, and more rewarding. Tenants can get up to 20% of their rent back in rewards, every month. Landlords have an easy way to track their properties, collect rent on time, and communicate with their tenants. Visit https://flow.rent for more info.

Tastemakers Africa

Pre Seed Round in 2018
Tastemakers Africa is a NYC-based travel experiences marketplace connecting travelers to creative entrepreneurs in African cities. Currently live in Accra, Cape Town, and Johannesburg, we’ve booked 2,000 experiences for 400+ travelers since launching in November 2018.

Timbuktu

Seed Round in 2016
Timbuktu is an interactive travel platform based in South Africa that enables users to design and customize their own trips to Africa. Founded in 2014, the platform aims to make Africa more accessible by empowering travelers to explore and create their own safari experiences tailored to their preferences and financial considerations. Timbuktu offers a content-rich site that showcases a variety of curated journeys, allowing users to engage in the planning and booking process in a transparent and flexible manner. The platform is designed to cater to travelers of all experience levels and budgets, ultimately transforming the way multi-destination trips are planned and booked.

Yoco

Angel Round in 2015
Yoco Technologies Proprietary Limited, known as Yoco, is a payments technology company based in Cape Town, South Africa, founded in 2015. The company develops tools and services aimed at assisting small businesses in accepting payments securely, both in-store and online. Yoco's offerings include mobile card machines, payment gateways, point of sale solutions, and a business portal, all designed to streamline payment processes and enhance business operations. By providing an integrated platform, Yoco enables over 100,000 small businesses to manage their transactions efficiently, thereby promoting growth and simplifying the commerce experience for both buyers and sellers. Recognized as one of the top fintech companies, Yoco continues to support entrepreneurs by offering comprehensive payment and business solutions.

SweepSouth

Seed Round in 2015
SweepSouth is a cleaning service company founded in 2014 by Aisha R. Pandor and Alen Ribic, based in Sandown, England. The company operates an online platform that connects clients with on-demand domestic cleaners, offering a convenient way to book various services, including home cleaning, gardening, pool cleaning, heavy lifting, and maintenance. Users can easily access the platform from their phones, tablets, or computers to find suitable pre-vetted professionals within minutes, catering to both residential and commercial sanitation needs.

Timbuktu

Seed Round in 2015
Timbuktu is an interactive travel platform based in South Africa that enables users to design and customize their own trips to Africa. Founded in 2014, the platform aims to make Africa more accessible by empowering travelers to explore and create their own safari experiences tailored to their preferences and financial considerations. Timbuktu offers a content-rich site that showcases a variety of curated journeys, allowing users to engage in the planning and booking process in a transparent and flexible manner. The platform is designed to cater to travelers of all experience levels and budgets, ultimately transforming the way multi-destination trips are planned and booked.

Yoco

Seed Round in 2014
Yoco Technologies Proprietary Limited, known as Yoco, is a payments technology company based in Cape Town, South Africa, founded in 2015. The company develops tools and services aimed at assisting small businesses in accepting payments securely, both in-store and online. Yoco's offerings include mobile card machines, payment gateways, point of sale solutions, and a business portal, all designed to streamline payment processes and enhance business operations. By providing an integrated platform, Yoco enables over 100,000 small businesses to manage their transactions efficiently, thereby promoting growth and simplifying the commerce experience for both buyers and sellers. Recognized as one of the top fintech companies, Yoco continues to support entrepreneurs by offering comprehensive payment and business solutions.
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