FJ Labs

FJ Labs is a venture capital firm based in New York, founded in 2015 by Fabrice Grinda. The firm is stage-agnostic, primarily focusing on marketplaces and consumer-facing startups across various sectors, including B2B, B2C, financial services, mobile technology, advertisement technology, e-commerce, food technology, gaming, health technology, real estate technology, restaurant technology, ridesharing, software as a service, and virtual reality. FJ Labs typically invests in seed and Series A rounds, with investment amounts ranging from $50,000 to $5,000,000.

Matias Barbero

Investor

William Guillouard

Venture Partner

Arne Halleraker

Principal

Christopher Keshian

Investor

Past deals in Africa

Alterya

Pre Seed Round in 2023
Simple, safe, and compliant access to web3

Faks

Seed Round in 2023
Faks is an app development company. The company's application allows users to send faster requests, track the status of the requests, and settle any complaints, enabling the pharmacists to maintain a secure relationship with supplier laboratories.

Jabu

Series A in 2022
Jabu is an e-commerce marketplace that serves as a vital link between fast-moving consumer goods (FMCG) brands and a vast network of small retail shops in Southern Africa. The platform enables shop owners to efficiently order, source, and stock products while also managing logistics for last-mile distribution. By leveraging technology, Jabu provides tools for inventory management, sales tracking, and order processing through both mobile and web applications. This comprehensive service allows businesses to streamline their operations, enhance product diversification, and effectively manage their supply chain, ultimately fostering growth and operational efficiency in the retail sector.

Taptap Send

Series B in 2021
Taptap Send is an app that lets immigrants send money back home to Africa instantly and at very low prices. Since launching in summer 2018, it has already moved hundreds of millions of dollars and reached hundreds of thousands of customers. It is live in seven European countries, and support payments into Ivory Coast, Senegal, Mali, Ghana, Guinea, Cameroon, Bangladesh, Kenya, Madagascar, Zambia, Vietnam, and DRC, with more countries launching soon

Yassir

Series A in 2021
Yassir is a leading super app based in Algiers, Algeria, that offers a range of on-demand services, including ride-hailing, food delivery, and financial services. Founded in 2016, Yassir has developed a mobile application that allows users to book drivers at any time and place, along with options for ordering food and groceries. The company operates in 45 cities across multiple countries and aims to enhance daily services through its technology-driven platform. Recently, Yassir has expanded its offerings to include digital payment solutions, enabling users to pay, save, and borrow online, thereby contributing to the digital economy in the region. With significant backing from notable investors, Yassir is focused on creating a marketplace that meets various consumer needs while embedding social values in its operations.

Sendbox

Seed Round in 2021
Sendbox is a platform that provides infrastructure for shipping, escrow payments and discovery services to merchants and customers in North America, Europe and Africa, who participate in e-commerce on social platforms like Instagram, Facebook & WhatsApp.

Alerzo

Series A in 2021
Alerzo is a B2B e-commerce retail company providing a technology and services platform that transforms how informal retail stores operate. It offers on-demand inventory distribution and financial services for small informal stores while also providing real-time market trends, customer feedback, and other consumer purchasing data to brands and manufacturers. The company was founded in 2019 and is based in Ibadan, Nigeria.

Solaris

Venture Round in 2021
Solarisbank is a Banking-as-a-Service platform. As a technology company with a full German banking license, Solarisbank enables other companies to offer their financial services. Via APIs, partners integrate Solarisbank's modular banking services directly into their product offerings. The platform offers digital bank accounts and payment cards, identification and lending services, digital asset custody as well as services provided by integrated third-party providers. To date, Solarisbank has raised more than EUR 160 million from a bluechip shareholder base, including ABN AMRO’s Digital Impact Fund, BBVA, finleap, Global Brain, HV Holtzbrinck Ventures, Lakestar, Samsung Catalyst Fund, SBI Group, Storm Ventures, Visa, Vulcan Capital, and yabeo Capital.

Trella

Venture Round in 2021
Trella is a Cairo-based company founded in 2018 that provides an online platform connecting shippers to carriers in the shipping and transportation sector. The platform enhances the efficiency of drivers and offers opportunities for increased earnings and better load utilization. Trella aims to lower shipping costs through a transparent pricing structure, ensuring shippers have access to reliable carriers. It provides real-time shipment tracking and critical insights into transportation trends and performance, fostering improved decision-making for shippers. By bridging the gap between shippers and carriers, Trella enhances the overall efficiency of the logistics process.

inyad

Series A in 2021
Inyad specializes in creating mobile applications that assist small and medium-sized businesses in managing and expanding their operations. The company focuses on empowering these businesses by providing tools that enable them to record customer debts and payments, facilitate bookkeeping, and access an online selling platform. By offering comprehensive solutions tailored to the needs of offline businesses, Inyad aims to enhance their ability to thrive in the digital marketplace.

Jabu

Seed Round in 2021
Jabu is an e-commerce marketplace that serves as a vital link between fast-moving consumer goods (FMCG) brands and a vast network of small retail shops in Southern Africa. The platform enables shop owners to efficiently order, source, and stock products while also managing logistics for last-mile distribution. By leveraging technology, Jabu provides tools for inventory management, sales tracking, and order processing through both mobile and web applications. This comprehensive service allows businesses to streamline their operations, enhance product diversification, and effectively manage their supply chain, ultimately fostering growth and operational efficiency in the retail sector.

Yassir

Seed Round in 2019
Yassir is a leading super app based in Algiers, Algeria, that offers a range of on-demand services, including ride-hailing, food delivery, and financial services. Founded in 2016, Yassir has developed a mobile application that allows users to book drivers at any time and place, along with options for ordering food and groceries. The company operates in 45 cities across multiple countries and aims to enhance daily services through its technology-driven platform. Recently, Yassir has expanded its offerings to include digital payment solutions, enabling users to pay, save, and borrow online, thereby contributing to the digital economy in the region. With significant backing from notable investors, Yassir is focused on creating a marketplace that meets various consumer needs while embedding social values in its operations.

Vivense London

Series D in 2018
Vivense is a Turkish online furniture store that connects customers with furniture manufacturers. It offers a wide variety of furniture items such as sofas, chairs, tables, beds, dining tables, and more. Vivense allows clients to order their preferred furniture items online, and offers free delivery for certain products.

Lori Systems

Seed Round in 2017
Lori is a venture-backed start-up building cutting-edge logistics infrastructure for trucking in Africa. The start-up is tackling a massive issue - $180 billion is spent annually on haulage across Africa, which means that up to 75% of a product’s cost is due to logistics (compared to 6% in the US). Lori’s tech-enabled and operations-driven marketplace efficiently connects transport to cargo. The supply chain management system brings transparency and has pushed for significantly improved flexibility, reliability, and cost savings (savings of upwards of 18%). The company has experienced 30% month-over-month compounded growth since its product launch in May 2017. The market demand for Lori’s platform is increasing exponentially. To continue this pace of growth, Lori recently closed a landmark raise from globally leading institutional and strategic investors. The company won Techcrunch Battlefield Africa.
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