Verod-Kepple Africa Ventures

Verod-Kepple Africa Ventures, established in 2022, is a Lagos-based venture capital firm that invests in early-stage African companies. It focuses on tech-enabled infrastructure solutions, addressing critical market gaps and offering expanded funding, strategic partnerships, and exit opportunities. The firm targets investments ranging from USD 0.05 to USD 0.15 million, with a preference for emerging sectors such as banking, education, infrastructure, logistics, and insurance.

Satoshi Shinada

Partner, Investment Committee Member and Portfolio Review Committee

16 past transactions

Workpay

Series A in 2024
Workpay is a software company that specializes in payroll, benefits, and compliance solutions for businesses operating in Africa. It provides a cloud-based platform that enables companies to manage employee payments efficiently, including time tracking and human resource management. Workpay's services facilitate timely salary disbursements directly to employees' bank accounts or mobile wallets, simplifying the payroll process. By allowing organizations to hire both local and remote teams without the need for establishing local entities, Workpay ensures compliance with regional regulations while helping businesses attract and retain talent across the continent.

mTek Services

Funding Round in 2024
mTek is a digital online insurance platform that offers a paperless ecosystem for the insurance industry. It enables customers to access insurance solutions for securing their families and assets. Through its platform, users can purchase insurance directly from insurers, compare various policies, and file claims using their smart devices. This streamlined approach allows clients to manage their insurance portfolios conveniently and efficiently.

Zone

Seed Round in 2024
Zone is a regulated blockchain network that facilitates payments and the acceptance of digital currencies. As a blockchain services company, it provides a secure infrastructure that supports various financial transactions in the digital economy. By leveraging advanced blockchain technology, Zone aims to enhance the efficiency and transparency of payment processes, making it easier for businesses and consumers to engage in digital currency transactions. Its focus on regulatory compliance ensures that its services meet the necessary legal standards, fostering trust and reliability in the evolving landscape of digital finance.

Cloudline

Seed Round in 2023
Cloudline operates a cloud-based platform designed to assist leisure and entertainment businesses in increasing sales, lowering costs, and personalizing customer experiences. The platform provides technology for visitor experience and site management, which automates the ordering system workflow. This automation enables organizations to manage their operations more efficiently and consistently enhance visitor satisfaction. By focusing on these key areas, Cloudline aims to empower businesses within the leisure and entertainment sector to optimize their management processes and improve overall customer engagement.

Cloudline

Seed Round in 2023
Cloudline focuses on providing logistics solutions that connect isolated communities to the global supply chain through innovative drone deliveries. Utilizing lighter-than-air technology and solar power, the company offers emissions-free aviation services, primarily through long-range autonomous airships. These airships are capable of transporting large payloads and conducting data gathering, maintenance inspections, and surveillance. By enabling access to international aid for remote villages, island nations, and disaster-affected areas, Cloudline addresses the critical need for efficient logistics without the reliance on expensive infrastructure. The company's approach aims to improve connectivity and support for communities that are often overlooked.

Chefaa

Seed Round in 2023
Chefaa is a Cairo-based company founded in 2017 that operates a smart medicine application designed to streamline the process of ordering medications from local pharmacies. This GPS-enabled platform not only allows users to order medicine online but also provides features such as medication reminders, enhancing patient adherence to treatment plans. By leveraging artificial intelligence and a data-driven approach, Chefaa aims to improve the management of chronic illnesses while facilitating better accessibility and affordability for patients. The company focuses on connecting patients with pharmacies across Egypt, ensuring a comprehensive and patient-centric approach to pharmacy needs, thereby minimizing waiting times and effort involved in obtaining medications.

Chari

Venture Round in 2023
Chari is an e-commerce and fintech platform designed to support traditional retailers in French-speaking Africa by enabling them to order consumer goods efficiently. Through its application, retailers can conveniently place orders for fast-moving consumer goods, which are delivered for free within 24 hours. In addition to its logistics services, Chari provides financial support to these retailers by offering microloans, facilitating their operational needs and growth. The company's mission centers on empowering entrepreneurs by ensuring a reliable supply of goods and access to financial resources, simplifying the process of digitizing their retail operations.

Shuttlers

Seed Round in 2023
Shuttlers is a technology-driven bus-sharing company that offers a convenient and affordable transportation solution for professionals in metropolitan areas. Its platform allows users to find, book, and share bus rides for commuting to and from work, ensuring a comfortable and efficient travel experience. By focusing on enhancing the daily commute, Shuttlers aims to provide a safer and more streamlined option for urban commuters, thereby simplifying their transportation needs.

KOKO Networks

Funding Round in 2022
KOKO Networks Ltd is a technology company founded in 2014 and headquartered in Nairobi, Kenya, with additional offices in East Africa and India. The company focuses on developing a technology platform tailored for emerging markets, particularly in urban Africa. KOKO Networks offers a suite of innovative solutions that connect suppliers, retailers, and consumers, facilitating smart commerce. By leveraging its unique technology, KOKO Networks aims to enhance the quality of life in African cities through various consumer and business services.

Ceviant

Venture Round in 2022
Ceviant Finance specializes in cloud-based treasury and payment automation solutions. The company provides a comprehensive platform that facilitates cash liquidity management, virtual accounts, receivables management, electronic invoicing, and treasury management. Additionally, Ceviant offers services that assist in cash forecasting and provide credit options to finance international trade, enabling businesses to manage multiple bank accounts and centralize their payment processes effectively.

Tagaddod

Seed Round in 2022
Tagaddod is a renewable energy and waste management company based in Giza, Egypt, founded in February 2013. The company specializes in the production of biodiesel from waste vegetable oils, offering a sustainable alternative to traditional petroleum diesel. By converting waste into clean fuels, Tagaddod aims to empower communities and businesses to create sustainable impacts while reducing environmental pollution. The firm focuses on developing clean energy solutions that align with its commitment to promoting renewable resources and fostering an eco-friendly approach to energy consumption.

Moove

Series A in 2021
Moove is a mobility fintech company focused on providing revenue-based vehicle financing to mobility entrepreneurs across Africa. By leveraging embedded alternative credit-scoring technology, Moove integrates its services within ride-hailing, logistics, and last-mile delivery platforms. This innovative approach allows the company to assess the performance and revenue of mobility entrepreneurs, enabling it to underwrite loans for individuals who have been historically excluded from traditional financial services. Through its unique model, Moove aims to democratize vehicle ownership and enhance access to financial resources for a growing number of mobility operators in the region.

Nowpay

Venture Round in 2021
NowPay, Inc. is a fintech company based in Cairo, Egypt, that aims to enhance the financial wellness of corporate employees. Established in 2018, it offers an online platform that enables employees to manage personal finances, including budgeting, spending, and borrowing. Through its mobile application, users can access detailed information about their salaries, account balances, and potential loan amounts. NowPay collaborates with employers to provide employees with the option to receive advance salary payments at any time during the month, allowing for repayment over multiple months without additional liabilities. This service not only aids employees in times of financial need but also helps corporations improve employee satisfaction, productivity, and loyalty.

Nawy

Seed Round in 2021
Nawy is a real estate platform that streamlines the property buying and selling process through a digital interface. It offers users the ability to browse a wide selection of properties, including houses in gated communities. By integrating top real estate agents with advanced technology and resources, Nawy enhances the search and transaction experience for customers. The platform provides essential information, empowering users to make informed decisions when purchasing a home.

Julaya

Series A in 2021
Julaya is a fintech company focused on providing African businesses with digital financial solutions. The platform enables companies to manage payments efficiently through a digital account, facilitating mobile money transactions for employees and suppliers. Julaya's services include issuing virtual and physical prepaid cards, allowing businesses to streamline their financial operations. Additionally, the software supports utility bill payments, credit card reloading, and money transfers, enhancing accessibility to digital payment options. By digitizing their operations on the Julaya platform, businesses can also access digital loans, thereby improving their financial flexibility and operational efficiency. Julaya aims to empower businesses by offering a comprehensive suite of financial tools tailored to meet their specific needs.

Nawy

Nawy is a real estate platform that streamlines the property buying and selling process through a digital interface. It offers users the ability to browse a wide selection of properties, including houses in gated communities. By integrating top real estate agents with advanced technology and resources, Nawy enhances the search and transaction experience for customers. The platform provides essential information, empowering users to make informed decisions when purchasing a home.
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