Zephyr Acorn

Zephyr Acorn is a venture capital firm based in New York that focuses on providing equity financing and business support to early-stage companies in East Africa. Established in 2022, Zephyr Acorn aims to invest in innovative ventures across various sectors that demonstrate significant potential for growth and scalability throughout Africa and beyond. The firm's commitment to supporting these emerging businesses encompasses not only financial investment but also strategic assistance to enhance their operational capabilities and market reach.

Nonnie Burbidge

Investment Principal

Mike Mbari

Investment Principal

Pankaj Raina

Managing Director, Research and Investments

4 past transactions

Alvin

Pre Seed Round in 2022
Developer of personal finance application designed for money tracking and budgeting for the people of Africa. The company's application offers a smart money manager that uses automated budgeting, personalized offers, and applied behavioral game design strategies, helping customers to be accountable and align their daily spending behaviors with their savings goals.

Turaco

Seed Round in 2020
Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.

Shortlist

Series A in 2019
Shortlist Professional Services Private Limited is an online recruitment platform founded in 2015 and headquartered in Mumbai, India. The company operates primarily in India and East Africa, focusing on helping growing enterprises hire candidates for junior to mid-level roles based on skills and potential, rather than traditional qualifications. To facilitate this, Shortlist utilizes predictive chat-based interviews and online competency assessments, which streamline the hiring process by allowing employers to bypass the most time-consuming and bias-prone phases. This innovative approach enables businesses to more effectively source candidates from local markets, enhancing the recruitment experience for both employers and job seekers.

BitPesa

Series A in 2017
BitPesa Ltd., founded in 2013 and based in Karen, Kenya, is a digital currency exchange that specializes in converting Bitcoin to Kenyan Shillings. The company operates an online platform that utilizes blockchain technology to facilitate business payments and trade between Africa and global markets. BitPesa aims to lower transaction costs and enhance the speed of payments, making it easier for businesses in frontier markets to engage in international trade. By offering a streamlined solution for both cryptocurrency traders and businesses, BitPesa plays a crucial role in connecting African economies with suppliers and partners around the world.
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