Launch Africa Ventures

Launch Africa is a venture capital firm founded in 2020 and based in Ebene, Mauritius. The firm focuses on addressing the capital constraints faced by seed stage tech startups across the African continent. By investing in companies at the seed and pre-series A stages, Launch Africa aims to support the growth and development of innovative businesses in the region, fostering a vibrant entrepreneurial ecosystem.

Mohamed Karar

Venture Partner F1 and F2

Michael Mutie

VC Associate

Janade Du Plessis

Co-Founder and Managing Partner

Hannah Subayi

Partner, Board Member and Member of the Investment Committee

Janade Plessis Ph.D

Co-Founder and Managing Partner

Past deals in Kenya

Workpay

Seed Round in 2022
WorkPay Technologies, Inc. is a company that specializes in providing cloud-based payroll, benefits, and human resource management software aimed at small and medium-sized businesses in Africa. Founded in 2017 and headquartered in Nairobi, Kenya, WorkPay's solutions include features such as time and attendance tracking, HR and payroll processing, and employee self-service management. The software also facilitates payment and loans processing, enabling businesses to manage and pay employees efficiently. By offering bulk salary payments directly to employees' bank accounts or mobile wallets, WorkPay helps clients streamline their payroll processes and enhance talent retention.

Zuri Health

Pre Seed Round in 2022
Zuri Health is a virtual hospital focused on delivering accessible healthcare solutions to patients across Sub-Saharan Africa. Through its mobile app, website, and an artificial intelligence-powered chatbot, Zuri Health allows users to consult with doctors, purchase medications, and book laboratory and diagnostic tests. The platform also offers telemedicine services and facilitates home visits from healthcare professionals. By providing these services via mobile technology, including SMS for those without smartphones, Zuri Health aims to reach individuals in rural and underserved areas, ensuring that affordable healthcare is accessible to a broader population.

Credrails

Seed Round in 2022
Credrails is a financial technology company that provides infrastructure for open banking in Africa. Its technology connects banks, mobile money services, and other financial data sources into a single application programming interface (API). This integration facilitates interoperability and enables efficient money movement across various channels, supporting the growth of Africa's digital economy. By offering a unified platform, Credrails equips businesses with the tools they need to develop innovative fintech solutions.

Amitruck

Seed Round in 2022
Amitruck Limited is a Nairobi-based company that operates a mobile and web-based logistics platform designed to connect cargo owners with trucking professionals. Founded in 2018, Amitruck streamlines the delivery process by allowing customers to book shipments through its online platform. The company has developed a driver application that enables transporters to access client requests and communicate seamlessly. Users can track their deliveries in real time, receive instant quotes, and find the nearest available trucks, ensuring timely updates on their shipments. Amitruck’s innovative approach provides complete visibility throughout the delivery process, enhancing efficiency for both clients and drivers.

Zanifu

Seed Round in 2022
Zanifu is a financial technology credit provider that supports individuals and businesses across Africa. It offers a lending platform for small and medium-sized enterprises. Its mission is to bridge the credit access gap with responsible, innovative, and flexible products, delivered in an efficient and empathetic way. The company was founded in 2016 and is headquartered in Nairobi, Westlands.

Kwara

Seed Round in 2021
Kwara GmbH is a Berlin-based company that develops a digital banking platform specifically designed for savings and credit co-operative societies (SACCOs). Founded in 2018, Kwara provides a cloud-based platform that facilitates loan application servicing and approval for members, alongside integration services, customer support, and real-time financial tracking. The platform also includes compliance services and offers a product called Kwara Pronto for managing loans. By enabling cooperative financial institutions to connect with the formal financial system, Kwara aims to bolster the financial cooperative movement, which positively impacts millions of people. The company also has an office in Nairobi, Kenya, expanding its reach and support for these communities.

Fingo Africa

Seed Round in 2021
Fingo is a fintech startup providing digital banking services for youth. services include current accounts, money transfers, bill payments, etc., it features link-based payments, saving goals, and real-time transactions.

Fingo Africa

Seed Round in 2021
Fingo is a fintech startup providing digital banking services for youth. services include current accounts, money transfers, bill payments, etc., it features link-based payments, saving goals, and real-time transactions.

MarketForce

Seed Round in 2021
MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.

Boya

Pre Seed Round in 2021
Developer of an all-in-one spend platform designed for quick, simple and secure payments. The company's platform develops a mobile application that allows consumers to link credit or debit cards for making payments and offers services such as money transfers, online payments, QR-based payments and bill payments, enabling users to pay for their expenses and organize details of their spending all in one place for improved and smarter spending decisions.

Alpha Direct

Seed Round in 2021
Alpha Direct is a Botswana-HQ, Africa-focused risk carrying Insurtech that is focused on using cloud, big data and AI to deliver compelling insurance products for Africa’s growing consumer market. The insurance sector in Africa is underpenetrated vs most of the World. Given affordability, accessibility and inflexibility, insurance is seen as being a product “that is only available to the rich”. The company has become the fifth largest short-term insurance underwriter in their home market in under 5 years, and is now focused on regional and continental expansion across Africa as well as entering the long-term insurance market. The company has a strong stable of intellectual property including software, trademarks and patents. The company recently won The African Insurance Award for Innovation of the Year, for their insurance in a box product sold through retail outlets (with a cloud-based activation and policy management platform) where they have acquired thousands of customers and are scaling up rapidly. Over the next 5 years Alpha Direct plans to expand its product offering to include long-term insurance products as well to expand its footprint to include South Africa, Kenya, Egypt and Nigeria. Alpha Direct plans to license its products and technology in 10 African countries outside those where it has a physical presence.

Kidato

Seed Round in 2021
Kidato is an online school for K-12 kids with a vision to provide a high-quality, affordable education to the growing middle class in Africa. Kidato has student:teacher ratios of 1:5 and intergrates extracurriculum activities for socilisation

GroceryPik

Pre Seed Round in 2021
GroceryPik is a grocery shopping delivery application that enables customers to conveniently purchase a wide range of products, including groceries, food items, dairy, bakery goods, beverages, personal care, and cleaning supplies. The app offers essentials such as salt, rice, flour, and sugar, along with specialty items like frozen waffles and baby care products. GroceryPik also provides access to international brands, allowing users to select and order their desired products from the comfort of their home or office.

Kune

Pre Seed Round in 2021
Kune is a foodtech start-up based in Nairobi. We produce quality take-away meals at an affordable price and distribute it to individuals, retails, and corporate. Following a pre-seed round, Kune is building a 5000 meals-a-day food factory and hiring its founding team.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.