LoftyInc Capital

Over the last decade, LoftyInc Capital has invested over $25m into over 150 of Africa’s fastest growing enterprises, including three unicorns, and attracted c.USD1.5b in follow-on funding into our portfolio companies. With an overall goal to prioritize long-term growth and sustained benefits to communities, we have also built an extensive ecosystem in the process, spanning tech hubs, angel networks, and talent platforms. Across all funds, we have realized 14 exits and achieved 3.8x net DPI on our LoftyInc Afropreneurs Fund 2.

Past deals in Sub Saharan Africa

Youverify

Seed Round in 2022
Youverify helps businesses and individuals confirm identity and physical addresses. Using AI, Youverify confirms a user’s identity document and compares it with their facial biometrics. This information can be cross-checked against more than 300 databases locally and globally. Youverify in partnership with over 20,000 field verification officers verifies physical addresses all over Sub-Sahara Africa in less than 48 hours. Youverify fills the gap in Africa's digital industry by providing one API for identity and physical address verification.

FoondaMate

Seed Round in 2022
FoondaMate is a chatbot that makes education accessible to students in developing countries using Facebook and WhatsApp.

Aladdin

Seed Round in 2022
Aladdin is a "neobank" with an integrated marketplace for the "hustlers," aka SMBs and gig workers in Africa. Our team is highly qualified, motivated and moves at a rapid pace. Aladdin provides customers with traditional financial tools such as Savings, Access to Credit, Secure Payments, Cards, and Investments. Aladdin customers also have a safe platform to buy and sell their products and services using the in-built escrow account payment system while enjoying quality social interactions within the platform's community.

OmniBiz

Seed Round in 2022
Omnibiz is a B2B e-commerce platform for FMCG manufacturers, distributors, and retailers. It aims to support local businesses and help them navigate the modern market. The company was founded in 2019 and is based in Lagos, Nigeria.

Kwely

Seed Round in 2022
Kwely is a dynamic and fast-growing startup. We are always looking for passionate, dynamic, fun and hard-working individuals to join our team.

Jem

Seed Round in 2022
Jem builds HR Software for companies with frontline workers. Using WhatsApp, we make it easy for HR and Payroll Managers to send payslips, process leave requests and communicate with thousands of frontline workers in just a few clicks. Jem is system-agnostic and easily plugs into your existing payroll system, whether it's Sage or SAP. That means we can get you up and running in a day. HR and Payroll managers use the Jem Dashboard, a simple web-based application to communicate with their entire workforce. Frontline employees use the Jem WhatsApp channel to request payslips, apply for leave or take a salary advance without the need for an email address or an employee self-service app.

Yemaachi Biotechnology

Seed Round in 2022
Yemaachi Biotechnology uses cutting-edge immunogenomics, bioinformatics, and artificial intelligence to accelerate the development of cancer detection and cure strategies for lowering the economic burden of cancer.

Sudo

Pre Seed Round in 2022
Sudo is an API platform that allows developers to issue physical and virtual cards at scale with greater control and flexibility. The company was founded in 2020 and is based in Barnawa, Kaduna.

Bamboo

Series A in 2022
Bamboo is a digital investment platform that provides real-time access to buy, hold, or sell stocks. The investment platform is accessible on both computers and mobile phones.

Paps

Seed Round in 2022
Paps is a transport and logistics company that offers innovative distribution and delivery solutions to companies and merchants. The company's e-commerce platform helps companies and traders with scheduling and tracking deliveries on a real-time basis. It offers the distribution of documents and parcels, storage of goods in a secure warehouse that meets standards, and delivery of insured parcels in relay point or last mile. It also provides professional services such as management and repayment of cash on delivery, provision of couriers, management of returns, collection, and periodic reporting. The Dakar, Dakar, Senegal-based company was founded in 2016

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.

Treepz

Seed Round in 2021
Treepz is using technology to help people move efficiently in Africa. Be it for daily, inter-city or corporate commutes, users can book predictable, reliable and comfortable trips through a world-class, demand-responsive app all at the tap of a button. Treepz was founded in 2019 and operates in 4 African countries including Nigeria, Ghana, Uganda and Kenya. It is headquartered in Ontario, Canada.

Sabi Am

Convertible Note in 2021
Sabi is a provider of digital infrastructure for the distribution of goods and services. Its platform enables and empowers underserved merchants in the world, allowing agents, merchants, aggregators, distributors, and manufacturers to expand their capabilities and grow their businesses using Sabi’s technology rails. These rails provide access to inventory, commodities, logistics, business tools, data insights, and financial services.

Craydel

Pre Seed Round in 2021
Craydel is transforming the way students and working professionals in Africa discover, compare and apply to higher education. Our online platform has thousands of quality undergraduate, postgraduate and vocational programs offering degrees, diplomas and degrees, certificates from leading universities and colleges in 15 countries around the world. Many of these programs are even available online from the comfort of your home.Craydel makes it easy for you to compare and select the programs and institutions that best fit your career goals, personality, grades and budget.

Union54

Seed Round in 2021
Union54 is a debit card issuing API for fintech and corporates. Union54 allows any software company to issue debit cards to their customers without needing any bank or credit card processor. It provides BIN sponsorship., transaction processing, and settlement. Founded in 2020, Union54 is based in Lusaka, Zambia.

Eden Life

Seed Round in 2021
Eden Life is a tech-enabled service that puts your home's chores on autopilot.

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.

Yemaachi Biotechnology

Pre Seed Round in 2021
Yemaachi Biotechnology uses cutting-edge immunogenomics, bioinformatics, and artificial intelligence to accelerate the development of cancer detection and cure strategies for lowering the economic burden of cancer.

CashBackApp

Pre Seed Round in 2021
CashBackApp helps fast-moving consumer goods (FMCG) companies create customer loyalty by allowing them to earn cashback via M-Pesa on their routine purchases.

OmniBiz

Seed Round in 2021
Omnibiz is a B2B e-commerce platform for FMCG manufacturers, distributors, and retailers. It aims to support local businesses and help them navigate the modern market. The company was founded in 2019 and is based in Lagos, Nigeria.

Akiba Digital

Pre Seed Round in 2021
Akiba Digital is a data and technology company that provides financial intelligence solutions. Our vision is to to unlock financial opportunities for consumers, businesses and society using alternative data.

Tendo

Pre Seed Round in 2021
Tendo is an online platform that connects independent resellers to businesses.It enables anyone to start their online business without investing any capital.

Terragon

Venture Round in 2021
Terragon is a leading Data and Marketing Technology company that uses data and analytics to help companies focused in Africa, intelligently connect at scale to their customers. We use an aggregation of online and offline data, and predictive scoring to help brands, marketing agencies and platforms accurately target people across channels and devices. Headquartered in Lagos; Nigeria, we also have a presence in Kenya, South Africa, Ghana and India.

Aladdin

Seed Round in 2021
Aladdin is a "neobank" with an integrated marketplace for the "hustlers," aka SMBs and gig workers in Africa. Our team is highly qualified, motivated and moves at a rapid pace. Aladdin provides customers with traditional financial tools such as Savings, Access to Credit, Secure Payments, Cards, and Investments. Aladdin customers also have a safe platform to buy and sell their products and services using the in-built escrow account payment system while enjoying quality social interactions within the platform's community.

AlumUnite

Seed Round in 2021
AlumUnite is a for-profit social enterprise with an innovative cloud-based platform, "crowd-resourcing" education in Africa with help from alumni of African institutions with global affiliations.

ORDA

Pre Seed Round in 2021
ORDA is a cloud-based restaurant operating system built for African chefs and food business owners. ORDA's ePos, integrations, and lending solutions enable Africa’s millions of food business owners to scale and grow their business. The company was founded in 2020 and is based in Lagos, Nigeria.

Kloud Commerce

Seed Round in 2021
Kloud Commerce is a Business Process and Digital Transformation Infrastructure solutions provider for retailers, restaurants, their suppliers, and their customers. The company offers solution that helps retailers of all sizes to super-charge their core internal processes, enabling better and faster service to end-customers, and seamless interaction with relevant supply chain stakeholders. The platform also gives these businesses access to insights that enable growth in internal and third-party working capital.

ANKA

Seed Round in 2021
ANKA is a platform to discover, buy, and sell African fashion, arts, and crafts. ANKA’s goal is to allow African creation lovers to live their passion while allowing the creators to live from theirs. ANKA facilitates transactions and exchanges directly between buyers and sellers on both sides of the world, in a user-friendly and secure way.

TechAdvance

Seed Round in 2021
TechAdvance is a technology company that offers a payment facilitation platform. They specialize in collections, aggregation, reconciliation, and data analytics for the public and private sectors. It is in charge of a number of specialist subsidiaries, including GPay Africa, PayElectricityBills, Advance BancCorp Digital MicroFinance Bank, and others.

SHYFT Power Solutions

Seed Round in 2021
SHYFT builds industrial-grade IoT and integrated software to connect and intelligently manage distributed energy resources (DERs) in markets that struggle with resiliency. SHYFT is pioneering the development of integrated decentralized power systems in emerging markets like Nigeria, leapfrogging over traditional central infrastructure and enabling DERs to scale and support existing but unreliable grids.

StarNews Mobile

Seed Round in 2021
StarNews is a subscription-based video streaming service built to allow African creators to monetize their digital content. Based in Los Angeles, CA and with pan-African reach in 7 countries today, StarNewsconnects African content creators with their audiences locally and globally and help them generate a real sustainable income. Their mission is to unlock the massive potential of Africa’s creative sector by enabling monetization of local African content through an affordable streaming platform built for mass market consumers and with a fair payout formula that benefits and rewards African content creators.

Paps

Seed Round in 2021
Paps is a transport and logistics company that offers innovative distribution and delivery solutions to companies and merchants. The company's e-commerce platform helps companies and traders with scheduling and tracking deliveries on a real-time basis. It offers the distribution of documents and parcels, storage of goods in a secure warehouse that meets standards, and delivery of insured parcels in relay point or last mile. It also provides professional services such as management and repayment of cash on delivery, provision of couriers, management of returns, collection, and periodic reporting. The Dakar, Dakar, Senegal-based company was founded in 2016

OnePipe

Pre Seed Round in 2020
OnePipe simplifies complex infrastructure so you can focus on creating market-defining innovations. Banks and fintech partners of OnePipe have contributed the majority of the underlying infrastructure required to establish your product as a service.

TalentQL

Pre Seed Round in 2020
TalentQL hires, develops, and manages remote talent for global companies.

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.

Eden Life

Seed Round in 2020
Eden Life is a tech-enabled service that puts your home's chores on autopilot.

Youverify

Seed Round in 2020
Youverify helps businesses and individuals confirm identity and physical addresses. Using AI, Youverify confirms a user’s identity document and compares it with their facial biometrics. This information can be cross-checked against more than 300 databases locally and globally. Youverify in partnership with over 20,000 field verification officers verifies physical addresses all over Sub-Sahara Africa in less than 48 hours. Youverify fills the gap in Africa's digital industry by providing one API for identity and physical address verification.

EPUMP

Seed Round in 2017
EPUMP by Africania Computers Ltd is a Decision Support System providing back-office real-time monitoring software for sales and operation of gas station.

Printivo

Seed Round in 2017
Printivo.com is disrupting the Nigerian printing industry through its efficient printing expertise, wide range of design templates and the reach of the internet. Printivo is an online print provider that provides its customers with free templates created by designers across Nigeria. Printivo aims to help Nigeria business print marketing and business materials with ease.

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.
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