Founders Factory
Founders Factory is an accelerator and venture studio that focuses on building, funding, and scaling technology startups globally. Founded in 2015 in London, the firm partners with experienced founders and corporates to provide a combination of capital, operational support, and access to a network of corporate partners. The firm's portfolio includes over 200 tech companies, with more than 35 startups developed from the ground up in its Venture Studio. Founders Factory Africa, a branch established in 2018 in South Africa, specifically targets investments in sectors such as health, energy, fintech, and education, aiming to foster startups with a strong emphasis on scalability and impact. In exchange for equity, the firm typically offers startups a seed investment of £150,000 and a year of operational assistance to help them become sustainable businesses.
MyCover.ai is an open insurance API that allows insurance companies to distribute their products faster and cheaper, it enables innovators to embed insurance into their current offerings or launch new insurance verticals and ultimately deliver great experiences to customers. Our AI-powered claims management service helps insurance companies to streamline their claims processes, reduce fraud while also saving time and money.
Winich Farms is an agri-tech startup focused on enhancing the agricultural sector by connecting farmers with financial resources and premium markets. The platform facilitates crowdfunding to provide farmers with quality inputs, agricultural expertise, and modern machinery, ensuring decent returns for both farmers and investors. By utilizing an agro e-retail platform, Winich Farms directly links local farmers to consumers at farm gate prices, reducing reliance on middlemen and making produce more affordable. The company aims to empower African farmers by lowering barriers to capital access and promoting best practices to improve yield. Winich Farms collaborates with established partners to create robust market relationships, all while striving to improve the standard of living for rural operators and contribute to global food security. The overarching mission is to build an economically resilient Africa powered by agriculture.
MVXchange is a digital maritime logistics platform with an integrated shipbroking solution.
MVXchange is a digital maritime logistics platform with an integrated shipbroking solution.
WellaHealth is a startup focused on improving healthcare access for low-income individuals and families in Nigeria. The company has developed a digital triage bot that provides guidance based on the Nigeria Centre for Disease Control guidelines, allowing users to log their health responses for potential follow-up by public health authorities. In addition to this innovative tool, WellaHealth offers micro-health insurance plans that target prevalent diseases, providing affordable coverage for treatments and medications. Their platform connects users to a network of pharmacies and healthcare professionals, enabling them to manage their health needs without facing significant financial strain.
Hello Tractor is an award winning agtech social enterprise that focuses on connecting tractor owners and smallholder farmers in Sub-Saharan Africa through a farm equipment sharing application. We have over the years emerged as the leading provider of technology solutions designed for the tractor services market, capturing 75% of private commercial tractor inflows to Nigeria, expanding to a total of 16 markets across the continent as well as reaching well over 500,000 smallholder farmers.
Eazyhire Limited is a pioneering peer-to-peer platform based in Lagos, Nigeria, that facilitates the leasing and rental of various products, including vehicles, equipment, electronics, and maritime items. Founded in 2015, the platform enables users to connect with vendors, manage daily operations, process payments, and handle requests for proposals and quotations, as well as manage contracts efficiently. Eazyhire aims to create a community where individuals can share items they own with those in need of temporary access to these goods, making it a unique solution for both users seeking to rent items and those looking to generate extra income by leasing out their possessions.
Allpro Technologies Limited is a Nigerian company that develops and operates an online platform tailored for schools. Founded in 2017 and headquartered in Lagos, the platform supports schools in various financial operations, including revenue collection and payslip generation. Additionally, it connects schools with lenders, enhancing access to financing. The company's mission focuses on facilitating the free flow of finance and data within the educational ecosystem, aiming to streamline financial processes and improve operational efficiency for educational institutions in Nigeria.
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