Futuregrowth Asset Management

Futuregrowth Asset Management, established in 2000, is a South Africa-based asset management firm focused on providing financial services to individuals, insurance companies, financial intermediaries, and mutual fund companies. As a member of the Old Mutual Investment Group, Futuregrowth emphasizes the development and empowerment of South Africa and its people, with a commitment to making a meaningful impact through its investment offerings. The firm operates as a licensed Financial Services Provider, aiming to contribute positively to the local economy and society.

Andrew C. Canter

Chief Investment Officer

Paul Rackstraw

Managing Director

7 past transactions

hearX Group

Series A in 2021
hearX is an award-winning start-up with the mission of providing affordable access to hearing healthcare using smart digital solutions. With a strong research and engineering background, we aim to democratize and decentralize hearing care, obliterating the traditional audiology model and market, which was never built to scale, instead providing hearing care to millions by leveraging our smart tech, big data and artificial intelligence expertise. The hearX Group four categories of solutions: Lead Generation and Remote Care solutions, Clinical solutions, Preventative Solutions as well as Direct to Consumer intervention solutions. We have had more than 1 000 000 tests and screenings done using our products across 39 countries. Our innovative solutions are as accurate, but faster, cheaper and easier to use than traditional methods. We pride ourselves in offering a fully managed service, providing an entirely new way to overcome traditional barriers to the detection and diagnosis of disabling hearing loss.

SweepSouth

Venture Round in 2020
SweepSouth is a cleaning service company that connects clients to on-demand domestic cleaners via an online booking platform. It was founded by Aisha R. Pandor and Alen Ribic in 2014 and is based in Sandown, England.

LifeCheq

Venture Round in 2020
LifeCheq is a startup that provides digitized and holistic personal finance solutions. The company operates as a financial advisory firm aimed at enhancing financial decision-making for its clients. It offers personalized financial advice and a range of services, including access to personal advisors and comprehensive financial planning support. By combining technology with expert guidance, LifeCheq enables individuals, professionals, and entrepreneurs to effectively plan and manage their financial resources.

Yoco

Series B in 2018
Yoco Technologies Proprietary Limited, known as Yoco, is a South African company based in Cape Town that specializes in providing tools and services for small businesses to facilitate payments and enhance operational efficiency. Established in 2015, Yoco offers a range of products including mobile card machines, payment gateways, point of sale systems, and a business portal, enabling merchants to accept payments in-store, online, and on-the-go. The company aims to simplify the payment process for both buyers and sellers, reducing the complexities associated with managing multiple systems. Yoco currently supports around 100,000 small businesses in South Africa and has been recognized as one of the top 250 most promising fintech companies in recent years.

Zebra Cabs

Venture Round in 2016
Zebra Cab operators are fully licensed and professionally trained to deliver top-notch customer service. Whether you’re looking to hail a cab off the street, call an operator or book via app, Zebra Cabs has you covered.