Savannah Fund

Savannah Fund is a venture capital firm based in Nairobi, Kenya, that specializes in seed capital investments in early-stage technology startups across sub-Saharan Africa. Established in 2012, it focuses on sectors such as e-commerce, fintech, healthcare, logistics, and education technology. The fund typically invests between $25,000 and $1 million, aiming to bridge the gap between early-stage and venture capital financing in the region. Savannah Fund also operates an accelerator program, providing mentorship and support from both local and international networks, including connections to Silicon Valley. This approach not only offers financial backing but also fosters an ecosystem for startups to scale into successful regional or global companies. The firm is committed to leveraging Africa's potential as a hub for technological innovation and sustainable business development, emphasizing job creation and impactful growth.

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Afropolitan

Pre Seed Round in 2022
Afropolitan is developing a platform aimed at connecting and empowering the global African diaspora through technology, commerce, and community. The initiative focuses on creating a Digital Nation that allows Africans to build abundant lives by leveraging the internet and shared values. Afropolitan provides a virtual passport that grants access to African culture, events, and merchant experiences worldwide. Its offerings include event discovery, ticket bookings, a merchant directory, and a hybrid crypto/fiat wallet for seamless transactions. This innovative approach seeks to transform the online community into a cohesive digital country with its own currency and a shared purpose, fostering a vibrant ecosystem for Africans globally.

Oze

Seed Round in 2022
OZÉ, Inc. is a Ghana-based company founded in 2016 that provides an Android application designed for small businesses to manage their finances effectively. The OZÉ app allows users to track sales, expenses, and customer information, offering tailored recommendations and reports based on the analyzed data. It also provides business education and access to support through OZÉ Coaches. By leveraging machine learning, OZÉ can assess credit risk and connect businesses with affordable capital from banking partners. With over 20,000 registered users, OZÉ has established itself as the largest online community of small and medium enterprises in Ghana. The platform has demonstrated significant success, with 97% of businesses using OZÉ for at least nine months reporting growth or profitability.

Root

Seed Round in 2021
Root drives the digital transformation of financial services by empowering software developers to build the future of banking and insurance. We package all the difficult things behind easy to use APIs. The existing world of financial services is murky, inaccessible and dominated by cumbersome businesses that struggle to innovate. We’re building programmable banking and insurance.

Knabu Distributed Systems

Seed Round in 2021
We are a DLT company based in London and have started our bank authorization process to solve the problem of denial of bank accounts to blockchain businesses. We are building a Utility Bank from scratch & engineering it to leverage DLT.

Ando

Pre Seed Round in 2021
Operator of a cloud kitchen platform intended to build food brands for delivery. The company provides food via its in-house brands on its platform and also runs a dark-kitchen model for the delivery of its in-house menu, enabling food enthusiasts to select from a range of nearby restaurants and receive quick food delivery.

Guidewheel

Series A in 2021
Guidewheel is a leader in cloud-powered FactoryOps, empowering all the world’s factories to digitize their operations and reach sustainable peak performance. Guidewheel’s plug-and-play platform clips onto any machine on the factory floor, delivering real-time visibility that reduces lost production and improves performance—a critical fix at a time when all eyes are on manufacturers and their impact on the global supply chain. Founded out of Stanford University, Guidewheel went through Stanford’s Launchpad as well as top accelerator StartX. Guidewheel’s product has been recognized with prizes from Stanford and MIT, and the team brings both manufacturing expertise and success building world-class cloud software at scale. Guidewheel has expanded quickly to 100+ plants across Mexico, East Africa, and the USA. For more information, visit Guidewheel.com.

eBanqo

Seed Round in 2021
eBanqo is a customer engagement software-as-a-service (SaaS) provider that enables organizations to automate customer-facing services and enhance issue resolution. The platform allows businesses to extend their services across various digital channels, including webchat, in-app chat, social media, USSD, and SMS, thereby promoting connectivity and efficiency in addressing customer concerns. Utilizing advanced artificial intelligence technology, eBanqo helps businesses deliver personalized interactions consistently across all platforms, fostering customer loyalty and brand affinity. The solution significantly reduces operational costs while offering automated support, self-service options, and multi-channel live chat capabilities. By integrating engagement channels such as web, mobile, and popular messaging apps, eBanqo aims to improve customer satisfaction and retention through quicker issue resolution and increased accessibility.

Orbit Health

Seed Round in 2019
Orbit Health operates a digital health platform aimed at transforming healthcare access and delivery in sub-Saharan Africa, where healthcare resources are often limited. The company addresses critical issues such as delayed access to healthcare and inefficient care delivery by providing innovative technology solutions. Its platform includes essential features that assist healthcare professionals in managing patient care, scheduling appointments, and processing laboratory services. By enabling patients to select their care providers and facilitating both physical and virtual consultations, Orbit Health seeks to create a healthier society by improving overall healthcare infrastructure and making essential services more accessible.

FlexClub

Seed Round in 2019
FlexClub is a car subscription platform that is unlocking access to cars for members who want the flexibility to own the car if and when it suits them. We partner with existing car owners looking to earn passive income from their vehicles, renting their cars out to us so we can serve members looking for a new way to own a car.

Aerobotics

Seed Round in 2017
Aerobotics (Pty.) Ltd., founded in 2014 and located in Cape Town, South Africa, specializes in developing autonomous unmanned aerial vehicles (UAVs) and data processing solutions for various industries, including agriculture, surveying, gaming, and security. The company utilizes aerial imagery and machine learning algorithms to provide precision agriculture solutions, enabling farmers to optimize crop management through detailed analysis and insights. Aerobotics combines its drone technology with a flight planning application to enhance data collection and processing, thereby supporting clients in making informed decisions based on accurate and timely information.

Smile Identity Inc.

Pre Seed Round in 2017
Smile Identity Inc. is a technology company based in San Francisco, California, that focuses on identity verification solutions. Founded in 2016, the company has developed an application called SmartSelfie, which allows users to create a universal biometric for authentication on Android devices. The team comprises engineers and financial services professionals from both the United States and Africa, bringing expertise in global markets with a focus on highly regulated environments. Smile Identity has developed advanced encryption, authentication, and security solutions, as well as image processing technology. The company has experience working with telecoms, lenders, banks, and startups, enabling them to understand the unique challenges faced by consumers and enterprises in Africa. With support from prominent investors in Silicon Valley and Africa, Smile Identity has established a pan-African presence, operating in countries such as South Africa, Nigeria, Kenya, Ghana, and Rwanda.

Lidya

Seed Round in 2017
Lidya is a financial services platform based in Lagos, Nigeria, founded in 2016. The company focuses on improving access to credit and financial resources for small and medium enterprises in emerging markets. Lidya enables businesses to open online accounts quickly, manage their funds, and access necessary credit to facilitate growth. Utilizing mobile-first technology and proprietary credit scoring algorithms, the platform offers tools and dashboards that help businesses monitor their cash flow and receivables. This approach allows users to build their credit profiles, which can lead to higher credit limits and more affordable financing options. Lidya aims to empower businesses with the financial tools they need to succeed and plan for the future.

Lidya

Seed Round in 2017
Lidya is a financial services platform based in Lagos, Nigeria, founded in 2016. The company focuses on improving access to credit and financial resources for small and medium enterprises in emerging markets. Lidya enables businesses to open online accounts quickly, manage their funds, and access necessary credit to facilitate growth. Utilizing mobile-first technology and proprietary credit scoring algorithms, the platform offers tools and dashboards that help businesses monitor their cash flow and receivables. This approach allows users to build their credit profiles, which can lead to higher credit limits and more affordable financing options. Lidya aims to empower businesses with the financial tools they need to succeed and plan for the future.

UNICAF

Venture Round in 2016
Founded in 2012, Unicaf partners with western universities and offers its own locally accredited degrees to African young professionals who are looking to study largely online while continuing to work. The company has grown to over 8,000 students today, and is on track to reach over 60,000 students by the end of 2020.

Podozi

Convertible Note in 2016
Podozi is a beauty tech startup solving the problem of finding "right fit" beauty products for people of color. We are changing the way women discover and shop for beauty. Our customers discover authentic brands from around the world, enjoy a personalized shopping experience using our algorithm system enabling us to recommend 100% right fit products, every single time.

Sendy

Seed Round in 2015
Sendy Ltd. is a logistics platform based in Nairobi, Kenya, founded in 2014. The company specializes in providing on-demand door-to-door delivery services tailored for businesses of all sizes, including small, medium, and large enterprises. Through its user-friendly web platform, Sendy enables businesses to schedule, track, and pay for deliveries efficiently. The platform connects users with multiple transporters, allowing manufacturers and distributors to optimize their logistics operations. Additionally, Sendy offers features such as cashless payments and reporting tools, helping businesses manage their logistics more effectively and reduce costs.

Golix

Seed Round in 2015
Golix is a bitcoin trading platform based in Zimbabwe that aims to facilitate financial autonomy for individuals in Africa. The platform enables users to buy and sell bitcoins through mobile money or online banking transactions. Additionally, Golix offers a cloud-based solution that provides users with information regarding their bitcoin accounts, allowing them to efficiently manage their cryptocurrency transactions. By simplifying the process of trading bitcoins, Golix seeks to empower users and enhance their financial independence.

Djuaji

Seed Round in 2015
Djuaji is an accounting platform that specializes in survey-based research, primarily targeting the African market. The company facilitates an online mobile survey community where businesses can gather insights from users regarding products, services, and public policy. Participants are incentivized to share their opinions by receiving payments via mobile money, enhancing engagement and response rates. Through this model, Djuaji aims to provide valuable data to businesses while empowering respondents to contribute to research in a meaningful way.

Forex

Seed Round in 2015
Forex.co.ke enables foreign exchange consumers to compare quotes from currency dealers, transact online, and settle payments electronically.

Africa Courier Express

Seed Round in 2015
ACE (Africa Courier Express) is an African enterprise that engages in delivering logistics solutions to both businesses and consumers.

Angani

Seed Round in 2015
Angani Limited is a public cloud computing provider based in Nairobi, Kenya, serving the East African region. Founded in 2013, the company offers a range of managed cloud services that include leasing IT infrastructures in the form of virtual machines and providing comprehensive turnkey solutions. These solutions encompass IT support, hardware procurement, power management, cooling, system upgrades, and scheduled maintenance. Angani is designed to facilitate a user-friendly self-service environment for building and deploying applications, ensuring seamless connectivity to its servers through local internet service providers. This approach allows clients to efficiently manage their computing needs, enabling them to focus on their core business while saving both time and resources.

StudySearch

Seed Round in 2015
StudySearch is a platform designed to assist African students in finding and applying to universities abroad. It serves as an international student marketplace, offering a comprehensive database of universities and detailed information about various academic programs. By providing on-demand education advice, StudySearch enables students to streamline the application process, helping them identify and select the programs that best fit their educational needs. The platform simplifies the journey for students seeking higher education opportunities outside their home countries.

CardPlanet Solutions

Seed Round in 2014
CardPlanet Solutions Limited, founded in 2011 and based in Nairobi, Kenya, specializes in developing cloud-based personal information solutions. The company offers a range of products designed to enhance efficiency and security across various sectors. Its flagship platform, InstAid, allows organizations to create, manage, and distribute medical and nutritional e-vouchers via mobile technology. PesaCard serves as a financial empowerment tool for children and youth receiving cash transfers from caregivers. Additionally, CardPlanet provides CampoCard, an official identification and access card for students, faculty, and staff at educational institutions, facilitating purchases on and off-campus. The company also runs a unique rewards program through its Fuel and Loyalty Card, enabling users to earn points and discounts for everyday activities such as refueling, shopping, and dining. Through these innovations, CardPlanet Solutions aims to improve convenience and cost-effectiveness for its users.

BabyGroup

Series A in 2014
BabyGroup is an M-Commerce company that offers an online shop that offers products and services for parents-to-be and parents. It specializes in the fields of retail, shopping, and social networking. The company was founded in 2012 and headquartered in Cape Town, NA - South Africa.

Wyzetalk

Series A in 2014
Wyzetalk Pty. Ltd. provides a social business platform that allows users to communicate, collaborate, and innovate with colleagues, employees, customers, and suppliers in Africa. Its platform also allows users to embed RSS feeds, Google analytics, Hellopeter, and other external systems into their sites, which in turn triggers conversations automatically. The company offers its solution as a Web service, as well as a desktop, mobile, and tablet application. Wyzetalk Pty. Ltd. was incorporated in 2011 and is based in Stellenbosch, South Africa.

Zevan Limited

Angel Round in 2014
Zevan Limited is a mobile platform that links agricultural producers with end markets.

UniSmart

Seed Round in 2014
UniSmart is a discount discovery platform that operates through web and mobile applications, connecting verified Nigerian students with a variety of brands, products, and services. Founded in 2014 and headquartered in Nigeria, the platform allows students to access and redeem discounts at the point of sale, both online and in physical stores. By offering retailers and merchants the ability to engage with the student demographic, UniSmart facilitates discounted offers that are available locally, nationally, and globally. The company aims to enhance the shopping experience for students while providing valuable marketing opportunities for businesses.

Ahonya

Seed Round in 2014
Ahonya.com aims to be the Amazon of Ghana and is the leading online shopping site in Ghana allowing users to purchase genuine electronics at low prices. Our mission is to help consumers find and buy high quality electronics online – in less time for the best price. We strive to bring the widest range of quality products to consumers including: laptops, mobile phones, cameras, tablets, PC accessories, projectors and other electronic products

Paykind

Seed Round in 2013
They started in early 2013 as a platform that allowed parents to send money to their children in boarding schools in Kenya. Using the M-Pesa mobile money platform layered on top of NFC powered student IDs, They were able to help parents send money allocated specifically for educational supplies and food electronically to their children. Realizing the potential of electronic money transfers tied specifically to allocated expenses, They pivoted in September 2013 from student payment cards to electronic educational, medical and nutritional vouchers. Today Their main product is Paykind, an online e-voucher platform that enables individuals and organizations to send highly specified remittance packages using mobile phone technology.

Zished

Seed Round in 2013
Zished is a gift site that enables consumers to order cakes, flowers, gift vouchers, hampers, and other products online and have them delivered to their doorsteps. Consumers can select their gifts or treats from the site’s curated selection for various events, including Christmas, birthdays, anniversaries, Mother’s day, Father’s day, Valentine’s, weddings, retirements, and more. Zished was launched by Kojo Ayirebi and Christiane Koenig in 2013 and its operations are based in Accra, Ghana.

Zatiti

Seed Round in 2013
Zatiti is a mobile e-commerce website builder based in Nairobi, Kenya, founded in 2013 by Grace Kiburi and David Njuguna. The platform allows users to create personalized online shops, facilitating the sale of products through an easy-to-use content management system. Merchants can manage their content efficiently, including uploading products and creating web pages. Zatiti also offers custom templates, enabling businesses to establish a unique online presence that reflects their brand identity. By focusing on the development of e-commerce websites, Zatiti aims to simplify the process of online trading for merchants, allowing them to operate their businesses smoothly and effectively.

Kola Studios

Seed Round in 2013
Kola Studios is a mobile game developer based in Uganda, known for popularizing a local card game. The company focuses on creating engaging mobile applications that enhance user experience and promote cultural entertainment. In addition to game development, Kola Studios offers custom applications aimed at data integration and business enhancements, providing quality analysis to meet specific process requirements. This dual approach allows the company to support clients in launching their products and establishing a strong brand identity. Kola Studios is backed by Savannah Fund, which contributes to its growth and innovation in the mobile gaming and application development sectors.

Eneza Education

Seed Round in 2013
Eneza Education Limited, founded in 2011 and based in Nairobi, Kenya, specializes in providing mobile technology-based education services. The company offers a virtual tutor and teacher's assistant, enabling students and teachers to access curriculum-aligned courses, assessments, and interactive support from live instructors via mobile devices. Its platform includes locally-adapted tutorials, tips, assessments, and features such as a leaderboard and live teacher chat, accessible through various formats including USSD/SMS, a web app, an offline desktop app, and an Android app. Eneza Education targets individual parents, students, and teachers with subscription-based access to its educational resources, ensuring that learners across Kenya, from urban centers to rural areas, can benefit from comprehensive, on-demand educational support.

Copia Global

Seed Round in 2013
Copia Global is an e-commerce company based in Nairobi, Kenya, that focuses on providing a consumer catalog order and delivery system for middle to low-income individuals in developing regions. Founded in 2013, the company enables users to browse products and place orders through a mobile application, which also allows local shopkeepers to manage orders and payments via a mobile payment system. By leveraging mobile technologies and a network of local agents, Copia Global facilitates access to a wide range of quality goods for rural and peri-urban consumers. This innovative approach ensures that individuals without reliable internet access can still make purchases and receive products conveniently, ultimately empowering them as consumers.

Inforex

Seed Round in 2013
Inforex operates a platform designed to connect foreign exchange service providers in Uganda, facilitating better access to information for forex bureaus, financial institutions, and the public. The platform allows forex bureaus to view each other's rates and conduct currency transactions, while also providing institutions with real-time updates on rate changes. Additionally, Inforex features a news section that keeps users informed about fluctuations in both local and international currency markets. The system includes notifications from central banks regarding the forex market and cash inflow submissions, enhancing operational efficiency for users. A messaging feature further simplifies communication among forex institutions, and each bureau has a dedicated profile section to update their contact and location details. Founded in 2012 and based in Kampala, Uganda, Inforex plays a crucial role in bridging the information gap in the forex market.

SafariDesk

Seed Round in 2012
SafariDesk is a travel technology start-up based in East Africa that focuses on enhancing the travel experience for its users. The company operates an online marketplace and collaborative platform designed to help travelers discover appealing deals and travel rewards from various providers across the region. By streamlining access to offers and discounts, SafariDesk aims to facilitate memorable travel experiences in Africa. The company is supported by the Savannah Fund, which aids in its growth and development within the travel industry.

Datafree

Series A in 2012
Connecting enterprises to their mobile audiences #datafree.
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