Golden Palm Investments

Golden Palm Investments is an impact investment firm that invests in early-stage, venture, and growth capital in Africa. It focuses on real-estate, agribusiness, and technology and specializes in investment management and investment advisory. Golden Palm Investments was founded in 2008 and headquartered in Accra, Greater Accra.

Past deals in Sub Saharan Africa

Pastel

Seed Round in 2022
Pastel supports African businesses by offering tools that help manage their businesses and maximize efficiency.

tushop

Pre Seed Round in 2022
Tushop is a community group buying platform where members can sell groceries to those in their social networks and communities.

Traction Apps

Seed Round in 2022
Traction Apps is a developer of a financial platform meant to take payments from small businesses. The platform of the company provides all of the tools required for monitoring sales, sending invoices, receiving payments, maintaining inventory, and allowing retailers to access financing for expansion in order to manage their businesses.

Wowzi

Seed Round in 2021
Wowzi platform is designed to help brands automate influencer marketing workflows and programs. Wowzi Push brand messages and pull consumer insights from trusted influencers shaping the trends that drive African commerce. Wowzi is an online marketplace that democratizes influence, connecting everyday social media users with big brands, enabling nano and micro creators to earn money by spreading brand messages via social media.

Autochek

Seed Round in 2021
Autochek is an automotive technology company that aims to build digital solutions.

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.

Mono

Series A in 2021
Mono is a financial data infrastructure company based in Nigeria, founded in 2020. It develops an application programming interface (API) platform that enables digital businesses in Africa to access customers' financial and identity data. Mono's services include generating bank statements, verifying account details, initiating payments, and conducting credit checks. The company serves a diverse range of clients, including fintech firms such as Carbon, Flutterwave, Indicina, and Renmoney, as well as various developers. Through its innovative platform, Mono aims to enhance financial accessibility and streamline transactions for businesses across the continent.

Andela

Series E in 2021
Andela operates the world’s largest private marketplace of skilled digital talent. Its adaptive hiring model gives companies greater flexibility to quickly deploy skilled talent based on need. The company’s exclusive AI-powered platform, Andela Talent Cloud, optimizes the process of finding the right talent and getting projects started fast. Clients can select individual roles or engage fully managed teams up to 66% faster at 30-50% less cost than traditional approaches. Andela’s seasoned hiring professionals manage all the groundwork associated with borderless hiring, from compliance and payroll to talent management. Andela’s diverse talent ecosystem spans over 135 countries, including untapped markets like Africa and Latin America, and is highly skilled in advanced technologies to support Application Development, Artificial Intelligence, Cloud & DevOps, Data Engineering, and more. The world’s best brands trust Andela, including GitHub, Mastercard Foundry, and Mindshare.

Garage Mobility

Pre Seed Round in 2021
Garage is Africa’s premier automotive technology company, connecting regional and global manufacturers and distributors with fleets, retailers and mechanic shops and providing best in class software for inventory management, shop management and eCommerce.

Wapi Pay

Pre Seed Round in 2021
Wapi Pay is the first, leading and secure Africa-Asia financial solution (Payments / Remittance) that is not only faster than ‘Telegraphic Transfers’ but significantly more affordable for customers. Wapi Pay is a platform that allows demand for Africa’s agricultural and natural products & services to fund payments for Asia manufacturing products through mobile and banking infrastructure. Wapi Pay gives the customer the option to choose a payment and delivery method whereby the customer can select Bank to Bank, Wallet to Wallet, Bank to Wallet and Wallet to Bank options to transfer funds as well as make merchant payments through its technology and infrastructure. Our proprietary funding and settlement processes and infrastructure allows for availability of instant cost effective liquidity and service guarantee of not more than 24 hours, where we electronically complete our compliance and due diligence. Wapi Pay offers mass payments for corporate, merchant payments for SMEs and P2P.

Jetstream Africa

Seed Round in 2021
Jetstream is a supply chain platform that powers freight forwarding and global exports for African suppliers. With tracking and consolidated (LCL) shipping Jetstream levels the playing field for access to international trade for African SMEs with the click of a button.

Ajua

Funding Round in 2021
AJUA, formerly known as mSurvey, is a mobile survey platform that facilitates customer feedback through real-time mobile survey conversations. Founded in 2012 and headquartered in San Francisco, with additional offices in Nairobi, Kenya, and Lagos, Nigeria, AJUA serves businesses across Africa and the Caribbean. The platform provides a dashboard that summarizes survey interactions, enabling companies to gain insights into customer preferences and behaviors. By leveraging its technology, AJUA helps businesses reduce customer churn, enhance service quality, and improve their Net Promoter Score. The company focuses on creating effective communication channels between businesses, their employees, and customers, addressing the challenges of customer service and market research in local contexts.

Autochek

Pre Seed Round in 2020
Autochek is an automotive technology company that aims to build digital solutions.

Mono

Pre Seed Round in 2020
Mono is a financial data infrastructure company based in Nigeria, founded in 2020. It develops an application programming interface (API) platform that enables digital businesses in Africa to access customers' financial and identity data. Mono's services include generating bank statements, verifying account details, initiating payments, and conducting credit checks. The company serves a diverse range of clients, including fintech firms such as Carbon, Flutterwave, Indicina, and Renmoney, as well as various developers. Through its innovative platform, Mono aims to enhance financial accessibility and streamline transactions for businesses across the continent.

Wasoko

Series A in 2020
Wasoko transforms access to essential goods and services by connecting small shops to the digital economy. It increases sales and market coverage for companies in emerging markets. It also enables informal retailers to order products at any time via SMS or mobile app, and receive free same-day delivery to their store. This makes it easier for shopkeepers to source goods and helps manufacturers ensure that their products are consistently available to consumers.

Jetstream Africa

Pre Seed Round in 2019
Jetstream is a supply chain platform that powers freight forwarding and global exports for African suppliers. With tracking and consolidated (LCL) shipping Jetstream levels the playing field for access to international trade for African SMEs with the click of a button.

Wasoko

Seed Round in 2019
Wasoko transforms access to essential goods and services by connecting small shops to the digital economy. It increases sales and market coverage for companies in emerging markets. It also enables informal retailers to order products at any time via SMS or mobile app, and receive free same-day delivery to their store. This makes it easier for shopkeepers to source goods and helps manufacturers ensure that their products are consistently available to consumers.

Ajua

Series A in 2019
AJUA, formerly known as mSurvey, is a mobile survey platform that facilitates customer feedback through real-time mobile survey conversations. Founded in 2012 and headquartered in San Francisco, with additional offices in Nairobi, Kenya, and Lagos, Nigeria, AJUA serves businesses across Africa and the Caribbean. The platform provides a dashboard that summarizes survey interactions, enabling companies to gain insights into customer preferences and behaviors. By leveraging its technology, AJUA helps businesses reduce customer churn, enhance service quality, and improve their Net Promoter Score. The company focuses on creating effective communication channels between businesses, their employees, and customers, addressing the challenges of customer service and market research in local contexts.

mPharma

Series B in 2019
mPharma Data, Inc. is a technology-driven company based in Accra, Ghana, with an additional location in Lexington, Massachusetts. Founded in 2013, it focuses on improving access to high-quality medications in emerging markets by connecting physicians, pharmacies, and patients through its application. The company aggregates real-time market data on prescription trends, drug consumption, and adverse reactions, providing valuable insights to pharmaceutical manufacturers, distributors, and governments. mPharma offers a pharmacy network application that centralizes inventories from multiple pharmacies, enabling easier drug searches for physicians and patients. Additionally, the company provides subscription-based data analytics for actionable insights on drug consumption and diagnosis, along with prescription management tools to assist healthcare providers in locating various medicines. By partnering with drug manufacturers, insurance companies, and governments, mPharma aims to facilitate affordable access to essential medications for patients.

Tizeti

Series A in 2018
Tizeti provides broadband internet services to densely populated urban centers in Africa. Tizeti is leveraging the large wireless capacity available with Wi-Fi and plummeting cost of solar panels to create a low CAPEX/OPEX network of owned and operated towers to offer disruptive, customer-friendly pricing for unlimited internet service right across Africa.

Wasoko

Seed Round in 2018
Wasoko transforms access to essential goods and services by connecting small shops to the digital economy. It increases sales and market coverage for companies in emerging markets. It also enables informal retailers to order products at any time via SMS or mobile app, and receive free same-day delivery to their store. This makes it easier for shopkeepers to source goods and helps manufacturers ensure that their products are consistently available to consumers.

Ajua

Series A in 2018
AJUA, formerly known as mSurvey, is a mobile survey platform that facilitates customer feedback through real-time mobile survey conversations. Founded in 2012 and headquartered in San Francisco, with additional offices in Nairobi, Kenya, and Lagos, Nigeria, AJUA serves businesses across Africa and the Caribbean. The platform provides a dashboard that summarizes survey interactions, enabling companies to gain insights into customer preferences and behaviors. By leveraging its technology, AJUA helps businesses reduce customer churn, enhance service quality, and improve their Net Promoter Score. The company focuses on creating effective communication channels between businesses, their employees, and customers, addressing the challenges of customer service and market research in local contexts.

Frontier Car Group

Series B in 2018
Frontier Car Group is a berlin-based startup who develop, launch, and operate used-automotive marketplaces within emerging market economies, with operations in Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. Additionally, we are successfully engaging in two joint ventures with OLX in India and Poland. We increase the efficiency of selling and buying cars through technology, infra-structure creation, access to capital and innovative business models that allows all stakeholders to gain from our impact.

Andela

Series C in 2017
Andela operates the world’s largest private marketplace of skilled digital talent. Its adaptive hiring model gives companies greater flexibility to quickly deploy skilled talent based on need. The company’s exclusive AI-powered platform, Andela Talent Cloud, optimizes the process of finding the right talent and getting projects started fast. Clients can select individual roles or engage fully managed teams up to 66% faster at 30-50% less cost than traditional approaches. Andela’s seasoned hiring professionals manage all the groundwork associated with borderless hiring, from compliance and payroll to talent management. Andela’s diverse talent ecosystem spans over 135 countries, including untapped markets like Africa and Latin America, and is highly skilled in advanced technologies to support Application Development, Artificial Intelligence, Cloud & DevOps, Data Engineering, and more. The world’s best brands trust Andela, including GitHub, Mastercard Foundry, and Mindshare.

Fibre Lifestyle

Seed Round in 2017
Fibre provides a way to find and pay for homes in Nigeria. Fibre exists to eliminate the barriers that make it difficult for young people to find homes and live in major cities in Nigeria. The company was founded in 2016 and is based in Lagos, Nigeria.

Tizeti

Seed Round in 2017
Tizeti provides broadband internet services to densely populated urban centers in Africa. Tizeti is leveraging the large wireless capacity available with Wi-Fi and plummeting cost of solar panels to create a low CAPEX/OPEX network of owned and operated towers to offer disruptive, customer-friendly pricing for unlimited internet service right across Africa.

RelianceHMO

Seed Round in 2017
RelianceHMO is solving this problem by providing affordable and reliable insurance packages for the average African. Reliance makes health insurance in Africa cheaper and easier to access by combining Telemedicine with data science.

Andela

Series A in 2015
Andela operates the world’s largest private marketplace of skilled digital talent. Its adaptive hiring model gives companies greater flexibility to quickly deploy skilled talent based on need. The company’s exclusive AI-powered platform, Andela Talent Cloud, optimizes the process of finding the right talent and getting projects started fast. Clients can select individual roles or engage fully managed teams up to 66% faster at 30-50% less cost than traditional approaches. Andela’s seasoned hiring professionals manage all the groundwork associated with borderless hiring, from compliance and payroll to talent management. Andela’s diverse talent ecosystem spans over 135 countries, including untapped markets like Africa and Latin America, and is highly skilled in advanced technologies to support Application Development, Artificial Intelligence, Cloud & DevOps, Data Engineering, and more. The world’s best brands trust Andela, including GitHub, Mastercard Foundry, and Mindshare.

SOLO

Series A in 2014
SOLO is an experience-driven digital content and smartphone company focused on delivering the best content and services on the mobile platform to African consumers. SOLO was formed in 2012 by a group of highly experienced telecommunication professionals, led by Tayo Ogundipe, a Nigerian-born, former senior global executive with HTC and Sony Ericsson. The SOLO management team brings an unusual blend of global sector expertise and deep knowledge of African markets that enable the team to conceive and implement a market-leading, mobile consumer proposition uniquely suited to African markets. Packaged with competitive data bundles from mobile operator partners, SOLO’s content and service offerings create a revolutionary, new customer-centered user experience, never before been seen on the African continent. For more information, visit www.gosolo.ng
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