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.

Past deals in Kenya

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.

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.

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.

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.

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.

Zevan Limited

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

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.

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.

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.
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