Microtraction

Microtraction Limited is a venture capital firm based in Lagos, Nigeria, specializing in early-stage investments in technology startups. Founded in 2017, the firm targets companies across various sectors, with a focus on software and fintech. Microtraction typically begins its investment with $25,000 for a 7% equity stake, followed by a $50,000 convertible note at a $1 million valuation cap for startups that demonstrate significant progress. The firm aims to support exceptional technical founders in Africa, guiding them to develop their ventures into sustainable companies capable of attracting further investment or joining esteemed accelerators. By connecting these startups with later-stage investors, Microtraction plays a crucial role in navigating the funding landscape for emerging businesses.

Kwamena Afful

Founder and Partner

Yele Bademosi

Founding Partner

Sayo Folawiyo

Founding Partner

Dayo Koleowo

Investment Partner

82 past transactions

Juicyway

Pre Seed Round in 2024
Juice is a developer of a payment network platform for cross-border business payments for businesses and individuals. It facilitates financial transactions between parties regardless of location to allow enterprises to participate in international trade and the exchange of goods and services.

PBR Life Sciences

Pre Seed Round in 2024
PBR Life Sciences is a company that specializes in connecting businesses within the life sciences industry with real-world opportunities. It achieves this by leveraging a unique combination of data, technology, and human expertise. The company has developed a cloud-based data platform that provides pharmaceutical companies with valuable insights through data analytics, visualization, and real-world diagnosis and prescription data. This platform enables these companies to optimize their commercial success and effectively navigate market challenges.

Intron Health

Pre Seed Round in 2024
Intron Health specializes in clinical speech recognition technology, designed to transcribe African accents with high accuracy. By integrating with existing electronic medical record systems, Intron's software enables clinicians to dictate notes hands-free, significantly reducing documentation time by up to 600%, and allowing them to spend more quality time with patients. This solution aims to alleviate clinician burnout and enhance satisfaction by streamlining manual documentation processes.

One Plan

Pre Seed Round in 2023
One Plan is a financial services company focused on providing financial and wealth planning solutions for low and medium-income groups, including vendors, teachers, mechanics, and drivers. The company has developed a financial platform that assists users in their journey toward financial freedom. Its software offers a range of services, including retirement plans, access to low-interest credit, and health and life insurance coverage. By facilitating these options, One Plan aims to help individuals save money for retirement and engage in effective future planning, ultimately enabling them to secure a more stable and prosperous tomorrow.

Aya Data

Pre Seed Round in 2023
Aya Data is a developer of a data annotation platform that focuses on creating high-quality training data for machine learning models. The company offers a range of services, including data annotations, data collection, natural language processing, and transcription services. Through its platform, Aya Data provides various tools and resources for businesses to label data effectively, encompassing image, text, and audio labeling. This enables organizations to enhance the accuracy and performance of their machine-learning applications.

Graph

Pre Seed Round in 2023
Graph is a financial technology platform for businesses which provides access to corporate cards, multi-currency accounts, & global payouts.

Clafiya

Pre Seed Round in 2023
Clafiya is a digital healthcare platform focused on delivering accessible primary care services across Africa. It connects patients, particularly in semi-urban and rural regions, with community health workers who offer on-demand medical support directly at home. By facilitating this connection, Clafiya aims to enhance the delivery of quality healthcare, making it more convenient and affordable for individuals in underserved areas. The company's approach addresses the pressing need for efficient healthcare solutions, ensuring that patients can receive timely medical attention without the barriers typically associated with traditional healthcare systems.

Pennee

Pre Seed Round in 2023
Pennee solves cash flow problems for small businesses starting with credit financing.

Famasi

Pre Seed Round in 2023
Famasi is a digital health platform focused on enhancing medication management for individuals, particularly those with chronic health conditions. The platform enables users to access their medications easily, schedule doorstep deliveries, and automate monthly refills, ensuring that they never run out of essential medicines. Additionally, Famasi provides pharmacies with inventory and point-of-sale software to streamline their operations and improve customer care. By prioritizing timely delivery and personalized support from healthcare providers, Famasi aims to deliver a seamless experience for both patients and pharmacies.

Pade HCM

Pre Seed Round in 2023
Pade HCM is a comprehensive software solution aimed at helping businesses of all sizes automate their human resource processes. The platform is designed to assist African companies in various aspects of recruitment, including hiring, onboarding, and payroll management. Pade HCM streamlines information management, compliance, performance tracking, and disciplinary procedures, allowing businesses to reduce repetitive tasks and enhance collaboration in people management. By offering these features, Pade HCM enables organizations to operate more efficiently and effectively in managing their workforce.

Gwala

Pre Seed Round in 2023
Gwala is a financial benefits platform focused on enhancing the financial health and well-being of employees in Africa. The company provides a range of financial products designed to assist employees in making informed financial decisions, alleviating financial stress, and effectively managing their finances. By promoting financial wellness, Gwala aims to increase employee productivity, improve talent retention, and streamline human resources operations. Its solutions help businesses develop payroll-linked financial benefits that contribute to a healthier cash flow for their workforce, ultimately addressing broader social issues such as economic precarity and poverty.

PaidHR

Pre Seed Round in 2023
PaidHR works with organizations to streamline how they manage their staff. Our precisely created solutions enable them to create the ideal place to work.

Mira

Pre Seed Round in 2023
The easiest and fastest way for diners in Africa to order and pay for their food

Zilla

Seed Round in 2023
Zilla is a financial service company that enables Africans to buy now and pay later across online and offline channels at 0% interest rate

Tembo

Pre Seed Round in 2023
Tembo is a fintech company focused on providing software solutions for payments, collections, cards, wallets, and programmable bank accounts tailored for businesses across Africa. The company develops a digital banking platform that allows users to effectively plan and manage their finances. By offering APIs, SDKs, and various tools, Tembo enables the integration of bank accounts, wallets, and other financial products into different applications, facilitating easy and secure management of money and savings for its users.

Shipbubble

Pre Seed Round in 2023
Shipbubble is a shipping platform that specializes in providing comprehensive shipping and tracking solutions for businesses engaged in e-commerce. The platform automates the entire delivery process, from order tracking to last-mile delivery, ensuring timely and accurate delivery of goods. Shipbubble offers various features, including shipping label creation, real-time shipping rates, and delivery confirmation, all integrated into a single interface. This enables businesses to streamline their shipping operations, effectively manage a high volume of orders, and reduce the time and effort required for shipping-related tasks. By utilizing Shipbubble, businesses can enhance their operational efficiency and improve customer satisfaction through reliable shipping management.

Rayda

Pre Seed Round in 2023
Rayda is an asset lifecycle management company that offers a comprehensive platform for organizations to acquire, manage, insure, and dispose of fixed assets on a global scale. The company enables businesses to monitor their assets in real time, providing tools for asset management, insurance, and tracking. Its platform generates automated signals to alert users when maintenance, repairs, or replacements are necessary, allowing organizations to optimize their asset investments and gain valuable insights into their fixed asset portfolios. By streamlining asset management processes, Rayda helps businesses enhance operational efficiency and reduce costs associated with asset upkeep and replacement.

Zuberi

Pre Seed Round in 2023
Zuberi is a financial platform focused on enhancing the financial well-being of employees in Africa by providing innovative payroll solutions. The company offers a salary streaming feature that allows workers to access a portion of their wages daily, promoting financial flexibility and convenience. Employers can integrate Zuberi's services to efficiently manage payroll, ensuring timely and accurate payments. By streamlining payroll processes and enabling early wage access, Zuberi aims to support the workforce and improve overall financial health through a modern approach to money management.

FoodLama

Pre Seed Round in 2023
FoodLama is a browser extension designed to simplify online grocery shopping for households with diverse dietary preferences or allergies. It functions as an intelligent personal assistant within familiar shopping sites, helping users easily discover suitable foods, receive tailored recommendations, and navigate ingredient lists effortlessly. By saving each household's dietary choices, FoodLama ensures that everyone can shop confidently and stress-free.

WiASSUR

Pre Seed Round in 2022
WiASSUR offers an insurance brokerage platform. They also provide insurance services such as school insurance, health insurance, travel insurance, multi risk home insurance, life insurance, transportation insurance, and savings insurance.

FoodCourt

Pre Seed Round in 2022
FoodCourt is an on-demand food delivery application that provides users with access to a selection of top food delivery brands and shops. The platform is designed to enhance convenience by allowing customers to order meals and drinks directly to their doorsteps. By utilizing virtual restaurants and dark stores, FoodCourt aims to make quality food and essential convenience goods accessible across Africa. The application focuses on popular food and convenience categories, curating a diverse range of options for its users.

Steward

Pre Seed Round in 2022
Steward is a financial platform dedicated to empowering schools by providing loans for their operational expenses and asset acquisitions. The focus of the organization is to unlock growth opportunities for passionate and ambitious small schools, enabling them to deliver high-quality education to their students.

Novek

Seed Round in 2022
Novek is a company focused on developing Internet of Things (IoT) technology aimed at eliminating single-use plastics from fast-moving consumer goods (FMCG) supply chains. Its innovative system enables the dispensing of micro-quantities of products, enhancing efficiency and sustainability. By providing distributors with real-time visibility into retailers' inventory, Novek's technology triggers automated restocking processes. This visibility benefits manufacturers and small businesses, allowing them to optimize sales. Additionally, the platform supports mobile money payment processing for stock transactions, streamlining operations across the supply chain.

Clafiya

Venture Round in 2022
Clafiya is a digital healthcare platform focused on delivering accessible primary care services across Africa. It connects patients, particularly in semi-urban and rural regions, with community health workers who offer on-demand medical support directly at home. By facilitating this connection, Clafiya aims to enhance the delivery of quality healthcare, making it more convenient and affordable for individuals in underserved areas. The company's approach addresses the pressing need for efficient healthcare solutions, ensuring that patients can receive timely medical attention without the barriers typically associated with traditional healthcare systems.

Norebase

Pre Seed Round in 2022
Norebase is a company that facilitates business operations in Africa by leveraging technology to simplify the complexities of the market. It specializes in providing intellectual property services that enable businesses to scale across the continent. Norebase offers a streamlined process for setting up and registering trademarks, allowing clients to efficiently upload necessary documentation and obtain a registered company along with a tax identification number. This approach reduces the hassle and risks associated with doing business in Africa, supporting clients in building and expanding their enterprises globally.

Vesti

Pre Seed Round in 2022
Vesti is a legal immigration and global migration provider that specializes in facilitating financial payments and the settlement of migration-related fees. The company offers a peer-to-peer payment platform that aims to provide neo-banking services tailored for migrants. By utilizing artificial intelligence and blockchain technology, Vesti streamlines the process of transferring money and managing financial transactions, making it easier for users to relocate and navigate the complexities of international migration.

Pivo

Venture Round in 2022
Pivo is a financial platform designed to democratize access to financial services for small and medium-sized businesses across Africa. By providing a comprehensive suite of tools tailored for the supply chain sector, Pivo enables clients to efficiently access various financial services from a single hub. This approach fosters a more streamlined and effective means for businesses to engage with borderless financial solutions, ultimately enhancing their operational capabilities and growth potential.

ORDA

Pre Seed Round in 2022
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.

Flance

Pre Seed Round in 2022
Flance is a financial technology company that focuses on providing employment benefits to gig workers, freelancers, and those in the informal economy. The company has developed a platform that allows users to easily access essential benefits such as life insurance, pensions, mortgages, and loan plans through a personalized dashboard. By catering to the unique needs of freelancers, small and medium-sized enterprise owners, and contract workers, Flance aims to bridge the gap in access to benefits typically unavailable to these groups.

Bani

Pre Seed Round in 2022
Bani is a financial services company that operates a global payment platform. This platform facilitates seamless and swift transactions, offering features such as virtual accounts, mobile money, blockchain payments, and e-wallets. It enables businesses to collect payments from customers worldwide and efficiently manage their payment reconciliation.

Abacus

Pre Seed Round in 2022
Abacus is a Financial Service firm offering management services for income, investments and savings.

SmartComply

Pre Seed Round in 2022
SmartComply is a computer and network security firm that specializes in AI-powered solutions for automation, innovation, compliance, and cybersecurity. The company operates an automated compliance platform designed to expedite the compliance process, making it more efficient and cost-effective for businesses. SmartComply focuses on streamlining cybersecurity and compliance procedures from beginning to end, offering organizations a hassle-free experience while ensuring they meet necessary regulatory standards. By leveraging advanced technology, SmartComply provides affordable solutions that support businesses in navigating the complexities of compliance and cybersecurity without incurring significant expenses.

Stan

Pre Seed Round in 2022
Building Stans is a platform dedicated to helping individuals and organizations cultivate and engage a dedicated fanbase. It provides a wealth of resources, including articles, tutorials, and online courses, aimed at equipping users with the necessary skills to develop and maintain a supportive community. The platform focuses on various aspects of fan engagement, such as enhancing visibility, fostering loyalty, and utilizing social media effectively. Additionally, Building Stans offers insights into audience identification and strategies tailored to artist engagement, enabling users to connect with and grow their fanbase on a global scale. Through its educational materials and practical guidance, the platform empowers users to nurture their relationships with fans and sustain a thriving community.

Spark

Pre Seed Round in 2022
Spark is a financial services company that offers a fintech platform aimed at enhancing the purchasing experience for groups. Its application allows users to chat and conduct business seamlessly in one location while managing group funds according to their preferences. Spark provides joint accounts that facilitate collective ordering, enabling users to access special discounts on food and household items. The platform also ensures that all transaction records are easily accessible and clearly presented, allowing for better financial management and transparency among users.

Achieve by Petra

Pre Seed Round in 2022
Achieve by Petra is a an investment mobile app offering investment services from anywhere for their users.

Hadi.

Pre Seed Round in 2022
Hadi is a Nigerian fintech company that specializes in inventory financing for Micro, Small, and Medium Enterprises (MSMEs). It operates a digital platform designed to simplify financial transactions and services for these businesses. Hadi's offerings include investor financing and cashless payment systems, along with regular updates on financing options and market information. By providing these services, Hadi helps MSMEs preserve their cash flow, enabling them to invest strategically in business growth.

MinieMoney

Pre Seed Round in 2022
MinieMoney is a financial services company that creates an all-in-one mobile application aimed at educating children and teenagers about investing and money management. Its platform provides young users with independent access to financial tools, fostering responsible money practices from an early age. The app features instant debit cards for teens, encourages savings through gamified challenges, and offers interactive lessons on investments. Additionally, it allows kids to become landowners in prime locations with a minimal initial deposit. By equipping children with essential financial skills and knowledge, MinieMoney aims to prepare them to be financially savvy adults capable of navigating the global economy.

InstantRad

Seed Round in 2021
InstantRad is a cloud-based platform that facilitates the connection between medical professionals and essential medical images and data required for producing radiology reports. The platform enhances radiology workflows by enabling clinical professionals to perform administrative tasks such as data sharing, accessing teleradiology systems with PAC servers, and obtaining second opinions. InstantRad's services are accessible across various devices, including desktop web browsers, Android tablets and smartphones, as well as Apple's iPads and iPhones. By providing real-time access to radiology scan readings from remote specialists, InstantRad aims to streamline the radiology process for both patients and healthcare providers.

LemFi

Pre Seed Round in 2021
LemFi is a digital banking platform tailored for immigrants and individuals with global connections, offering personal and business banking solutions. The company provides users with accounts in both their country of residence and their country of origin, facilitating international payments and money transfers to over 20 countries. LemFi's platform features zero transfer fees and multi-currency support, allowing users to send and receive money securely without the need for a traditional bank account. By bypassing conventional high fees, LemFi simplifies the money transfer process, catering specifically to the needs of its diverse clientele.

Payday

Pre Seed Round in 2021
Payday is a fintech platform that provides global payment solutions such as virtual mastercards and payments for foreign employees. Payday can also be used to handle payroll, taxes, and compliance by foreign companies with African employees. Payday was established on May 1, 2021 in Vancouver, British Columbia by Favour Ori.

Payday Global

Pre Seed Round in 2021
Payday Global provides a one-stop fin-tech service for its users allowing them to move money freely globally.

HoneyCoin

Pre Seed Round in 2021
HoneyCoin is a cryptographic payment and monetization platform that facilitates peer-to-peer transactions, allowing users to connect with friends and family globally. The company focuses on enabling creators in Africa to monetize their content effectively, providing a means for them to earn and withdraw funds instantly. By bridging the gap between creators and consumers, HoneyCoin empowers individuals to get paid for their talents and engage with their audience seamlessly.

Bumpa

Pre Seed Round in 2021
Bumpa is a company that develops a digital commerce infrastructure platform tailored for Micro, Small, and Medium Enterprises (MSMEs) across Africa. Its user-friendly mobile application allows small business owners to establish an online presence, showcase their products, and securely process payments. Bumpa also provides tools for recording sales data, issuing professional invoices and receipts, and accessing comprehensive financial reports. By enabling efficient order management and offering essential digital tools, Bumpa seeks to empower African sellers and transform the e-commerce landscape, helping businesses start, manage, and grow successfully from their mobile devices.

Pivo

Pre Seed Round in 2021
Pivo is a financial platform designed to democratize access to financial services for small and medium-sized businesses across Africa. By providing a comprehensive suite of tools tailored for the supply chain sector, Pivo enables clients to efficiently access various financial services from a single hub. This approach fosters a more streamlined and effective means for businesses to engage with borderless financial solutions, ultimately enhancing their operational capabilities and growth potential.

Treepz

Seed Round in 2021
Treepz is a technology-driven transportation company focused on enhancing mobility across Africa. Founded in 2019 and headquartered in Ontario, Canada, Treepz operates in Nigeria, Ghana, Uganda, and Kenya, providing users with a reliable and comfortable commuting experience. Its application allows users to book trips for daily, inter-city, or corporate travel at the tap of a button. The platform offers features such as vehicle assistants, licensed drivers, and e-wallet payments, ensuring that users can book and pay for fast and convenient trips in real-time. Through its innovative approach, Treepz aims to create a safer and more efficient transportation system for commuters in the region.

Gamr

Seed Round in 2021
Gamr is an online subscription platform dedicated to enhancing the gaming experience for players and tournament organizers in Africa. It provides a space for gamers to interact and engage with one another while facilitating the hosting of competitive eSports events. The platform leverages artificial intelligence and real-time performance data to offer coaching services to players, thus improving their skills and competitiveness. Gamr's mission is to advance gaming culture and eSports on the continent by building robust infrastructure that supports both aspiring professional players and tournament organizers.

Raise

Seed Round in 2021
Raise is a financial technology company that offers digital solutions to streamline the fundraising process for startups, founders, investors, and law firms. Its online platform enables users to efficiently manage fundraising efforts, corporate structures, and equity. By automating cap tables and securely storing essential legal documents, Raise allows clients to create data-driven fundraising strategies that clarify company valuation and ownership dynamics before and after capital raises. The platform also facilitates collaboration with potential investors and simplifies the agreement signing process, thereby enhancing decision-making and deal finalization for its users.

Bloc

Pre Seed Round in 2021
Bloc is a FinTech company that specializes in providing Banking as a Service infrastructure. It develops a platform designed to empower fintech businesses by offering proprietary technology, licenses, and certifications. The company aims to simplify compliance complexities while maintaining high standards of product and service quality. Bloc's offerings enable clients to efficiently manage transaction processing, payment collection, aggregation, and reconciliation, thereby enhancing operational efficiency and reducing costs. By focusing on these core functionalities, Bloc supports fintech companies in delivering robust financial solutions to their end customers.

Jamit

Seed Round in 2021
Jamit is a social audio and entertainment platform focused on connecting listeners with emerging storytellers and offering creators tools for monetization. The company develops a decentralized podcast platform that incorporates interactive features, enabling creators to engage with their audiences effectively. Jamit provides comprehensive services for content creation, hosting, and distribution in the audio sector, allowing diverse storytellers to share their experiences on a global scale. Additionally, the platform facilitates the generation and management of digital assets, empowering creators to monetize their content while driving listener engagement and metrics.

GetEquity

Venture Round in 2021
GetEquity is a financial platform that aims to democratize access to private investments by facilitating the tokenization and trading of investment products. It enables investors to trade in tokenized equity of listed startups for minimal amounts, making private investments more accessible. The platform offers a comprehensive suite of tools for investing, organizing, and managing assets, allowing users to engage with startup investments from any location. By leveraging real-world asset tokenization, GetEquity is transforming traditional asset management and providing innovative solutions for alternative asset investment.

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.

ORDA

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.

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.

Gbedu

Pre Seed Round in 2021
Gbedu is a music discovery and streaming service focused on showcasing Africa's rich musical heritage. It provides a platform for young and upcoming artists to gain exposure and earn revenue through streaming their music. Gbedu aims to create Africa's first open music ecosystem by connecting users to the largest catalog of free localized content. The service emphasizes user engagement through features such as playlist creation, offline access, and radio integration, allowing for unique music experiences tailored to individual locales. Gbedu is accessible to all users at no cost, ensuring that every content owner is compensated for their work, thereby fostering a vibrant community of artists and listeners.

CARMACHAIN

Seed Round in 2021
CARMACHAIN LLC is a company that operates a credit data marketplace, facilitating access to real-time credit information for lenders. Founded in 2020 and headquartered in Nairobi, Kenya, CARMACHAIN employs a decentralized protocol for data exchange, enabling a peer-to-peer sharing of credit data. This service is designed to benefit a variety of organizations, including banks, credit unions, utilities, and retail and service providers. By providing an alternative credit data marketplace, CARMACHAIN aims to enhance the lending process and create revenue-generating opportunities for its clients.

Raise

Seed Round in 2021
Raise is a financial technology company that offers digital solutions to streamline the fundraising process for startups, founders, investors, and law firms. Its online platform enables users to efficiently manage fundraising efforts, corporate structures, and equity. By automating cap tables and securely storing essential legal documents, Raise allows clients to create data-driven fundraising strategies that clarify company valuation and ownership dynamics before and after capital raises. The platform also facilitates collaboration with potential investors and simplifies the agreement signing process, thereby enhancing decision-making and deal finalization for its users.

JamJar

Pre Seed Round in 2021
JamJar is a creative agency that specializes in providing comprehensive event services, including event design and public relations. The company focuses on building networks and launching brands through innovative and affordable concepts that are locally sourced. Its offerings encompass a wide range of services, such as brand development, vision and concept creation, show production, audiovisual management, project management, and equipment rentals. Additionally, JamJar coordinates travel and manages client relationships, ensuring a reliable network of top professionals for its clients.

Evolve Credit

Seed Round in 2020
Evolve Credit is a Nigerian fintech company founded in 2020, headquartered in Lagos. It operates an online platform that empowers consumers to explore, compare, and apply for various loan products tailored to different needs, including personal loans, SME loans, and options for salary earners and the unemployed. The platform provides expert reviews, ratings, and comparisons based on price, interest rates, and other terms. Additionally, Evolve Credit offers a Software as a Service (SaaS) core banking platform that enables financial institutions to streamline, digitize, and manage deposit, lending, and recovery services efficiently. This platform includes no-code tools designed to offer personalized customer banking experiences both online and offline.

CARMACHAIN

Pre Seed Round in 2020
CARMACHAIN LLC is a company that operates a credit data marketplace, facilitating access to real-time credit information for lenders. Founded in 2020 and headquartered in Nairobi, Kenya, CARMACHAIN employs a decentralized protocol for data exchange, enabling a peer-to-peer sharing of credit data. This service is designed to benefit a variety of organizations, including banks, credit unions, utilities, and retail and service providers. By providing an alternative credit data marketplace, CARMACHAIN aims to enhance the lending process and create revenue-generating opportunities for its clients.

Treepz

Pre Seed Round in 2020
Treepz is a technology-driven transportation company focused on enhancing mobility across Africa. Founded in 2019 and headquartered in Ontario, Canada, Treepz operates in Nigeria, Ghana, Uganda, and Kenya, providing users with a reliable and comfortable commuting experience. Its application allows users to book trips for daily, inter-city, or corporate travel at the tap of a button. The platform offers features such as vehicle assistants, licensed drivers, and e-wallet payments, ensuring that users can book and pay for fast and convenient trips in real-time. Through its innovative approach, Treepz aims to create a safer and more efficient transportation system for commuters in the region.

Spring in Africa

Seed Round in 2020
Spring in Africa is a fnacial service offering firm that provides banking alternatives to make transection efficient.

Evolve Credit

Pre Seed Round in 2020
Evolve Credit is a Nigerian fintech company founded in 2020, headquartered in Lagos. It operates an online platform that empowers consumers to explore, compare, and apply for various loan products tailored to different needs, including personal loans, SME loans, and options for salary earners and the unemployed. The platform provides expert reviews, ratings, and comparisons based on price, interest rates, and other terms. Additionally, Evolve Credit offers a Software as a Service (SaaS) core banking platform that enables financial institutions to streamline, digitize, and manage deposit, lending, and recovery services efficiently. This platform includes no-code tools designed to offer personalized customer banking experiences both online and offline.

Gradely.ng

Seed Round in 2020
Gradely.ng Limited operates a personalized learning platform designed for secondary school students in Nigeria. Founded in 2019 and based in Yaba, the company utilizes artificial intelligence to provide tailored learning materials, online tutorials, and video lessons. Gradely focuses on enhancing exam preparation by offering assessment reporting, tracking, and training for teachers, along with computer-based tests and a learning progress tracker for schools. The platform employs analytics to identify and address learning gaps in real-time, assisting parents and educators in supporting students effectively. Through adaptive homework tests available on web and mobile devices, Gradely assesses students' understanding of various topics and recommends specific practice sets and remedial resources. The system allows teachers to create and assign homework efficiently, while generating progress reports for students, parents, and schools. Gradely's innovative approach ensures a comprehensive learning experience by continuously adjusting the difficulty of questions based on students' mastery levels.

Prospa

Seed Round in 2020
Prospa is a technology company focused on supporting African entrepreneurs and small businesses through its banking application. This application enables business owners to open and manage business accounts, providing them with an account number in the company's name. Prospa's platform facilitates various financial transactions, including sending and receiving transfers, creating invoices, and establishing sub-accounts. By addressing common financial challenges faced by small businesses, Prospa aims to enhance productivity and streamline operations for its users.

Chaka

Pre Seed Round in 2019
Chaka Technologies Limited is a Nigerian financial technology company that operates an online investment platform. It enables African individuals and businesses to invest and trade in global capital markets, including stocks listed on major exchanges like NASDAQ and the New York Stock Exchange, as well as mutual funds, fixed income products, and cryptocurrencies. The platform is compliant with relevant regulations and offers access to over 3,000 assets across 40 countries. Chaka serves a diverse range of clients, including corporate and institutional investors, investment advisors, stockbrokers, and fund managers.

tix.africa

Seed Round in 2019
tix.africa is a self-service ticketing platform aimed at event creators, providing tools to streamline the event management process. The platform allows users to create and sell tickets online, manage admissions through mobile applications, and facilitate payments from attendees using RFID wristbands for offline transactions. By offering these features, tix.africa enables event organizers to enhance guest experiences while reducing operational costs and maximizing revenue potential. Additionally, the platform allows users to gather detailed data on event attendees, contributing to improved event planning and execution.

Bitsika

Convertible Note in 2019
Bitsika is a payment application aimed at facilitating instant money transfers for users across Africa and beyond. The platform allows individuals to receive funds from anyone globally without incurring fees. Designed for ease of use, users can sign up through their Google or Apple accounts and create a unique username that begins with a dollar sign. In addition to enabling social payments, Bitsika functions as a digital wallet, offering features such as virtual card creation and the ability to trade bitcoins. This comprehensive approach simplifies the process of sending and spending money, making it accessible for a wide range of users.

Bitsika

Seed Round in 2019
Bitsika is a payment application aimed at facilitating instant money transfers for users across Africa and beyond. The platform allows individuals to receive funds from anyone globally without incurring fees. Designed for ease of use, users can sign up through their Google or Apple accounts and create a unique username that begins with a dollar sign. In addition to enabling social payments, Bitsika functions as a digital wallet, offering features such as virtual card creation and the ability to trade bitcoins. This comprehensive approach simplifies the process of sending and spending money, making it accessible for a wide range of users.

Termii

Seed Round in 2019
Termii is a Lagos-based company founded in 2014 that provides a cross-channel messaging and customer engagement platform tailored for African businesses. The platform facilitates communication with customers through SMS, email, voice, and instant messaging, enabling teams to secure repeat customers via personalized outreach. In addition to messaging services, Termii offers a suite of business applications that address various needs such as digital branding, sales, marketing, customer relationship management, eCommerce, accounting, inventory, and project management. This comprehensive approach allows clients to enhance their business operations and improve customer engagement across multiple channels.

54gene

Seed Round in 2019
54gene is a biotechnology company founded in 2019 and headquartered in San Francisco, California, with additional offices in Lagos, Nigeria. The company focuses on unlocking the potential of the African genome to enhance genetic research and development, addressing a significant gap in the global genomics market where a majority of genetic data is derived from individuals of Caucasian descent. By developing a pan-African biobank, 54gene aims to identify new drug targets and create diagnostics and treatments for various diseases, including cancer, cardiovascular conditions, and neurodegenerative disorders. In addition to its research initiatives, the company offers genetic testing and molecular diagnostics services to patients and healthcare providers, ensuring compliance with international data privacy laws. Through its efforts, 54gene seeks to contribute to the discovery of medical advancements that can benefit diverse populations.

Sendbox

Seed Round in 2019
Sendbox operates a platform facilitating e-commerce transactions on popular social media platforms like Instagram, Facebook, and WhatsApp across North America, Europe, and Africa. The company offers infrastructure for shipping, secure escrow payments, and merchant discovery services, enabling merchants and customers to engage in safe and convenient online shopping experiences.

Spring in Africa

Seed Round in 2019
Spring in Africa is a fnacial service offering firm that provides banking alternatives to make transection efficient.

Stack Dx

Seed Round in 2019
Stack Dx is a online platform that connects patients and health professionals to genetic tests.

Riby

Seed Round in 2018
Riby is a financial technology company based in Lagos, Nigeria, that specializes in providing a finance management platform tailored for cooperatives, trade groups, associations, and micro and small businesses. The company's platform enables users to efficiently manage their finances by automating savings processes, facilitating high-interest investments, and offering various payment options. Riby collaborates with banks and payment processing companies to assist clients, particularly those in low to middle-income brackets, in creating and managing bank or mobile money accounts. Additionally, the platform provides access to collateral-free loans, enhancing the financial capabilities of its users and promoting overall economic growth within these communities.

Accounteer

Seed Round in 2018
Accounteer is a cloud accounting platform designed specifically for small and medium-sized enterprises (SMEs) across Africa. The platform allows business owners to easily create invoices, track expenses, and manage their finances effectively. Accounteer integrates with various external services, including banks, e-invoicing platforms, and e-commerce systems, facilitating seamless financial management. Additionally, the company offers features such as online invoicing, bank reconciliation, comprehensive reporting, and digital document storage. To enhance user proficiency, Accounteer provides a free training program for staff, empowering them to fully utilize the platform’s functionalities. This approach enables SMEs to collaborate in real-time, save time, and gain valuable financial insights, ultimately helping them take control of their financial operations.

ThankUCash

Pre Seed Round in 2018
StoreSmart is a technology company that offers a store management platform aimed at optimizing retail operations. The platform allows business owners to manage their stores remotely via mobile devices, providing real-time insights into operational activities. Users benefit from features such as stock replenishment alerts, profit and loss projections, and detailed sales comparisons across different time frames. By streamlining these processes, StoreSmart helps businesses enhance efficiency and make informed decisions to drive growth.

Spring in Africa

Angel Round in 2018
Spring in Africa is a fnacial service offering firm that provides banking alternatives to make transection efficient.

Allpro Technologies

Seed Round in 2018
Allpro Technologies Limited is a company based in Lagos, Nigeria, that specializes in developing and operating an online platform tailored for schools. Founded in 2017, the platform provides essential services such as revenue collection, the generation of payslips, and connections to lenders, thereby enhancing financial management within the educational sector. The company's mission is to facilitate the free flow of finance and data in the school ecosystem, ultimately supporting schools in their administrative and financial processes.

Buycoins

Pre Seed Round in 2018
BuyCoins is a cryptocurrency service provider based in Lagos, Nigeria, enabling users to buy, sell, receive, send, and store various cryptocurrencies, including Bitcoin, Ethereum, and USDC. The company aims to simplify cryptocurrency transactions for Africans, promoting the seamless transfer of value across the continent and beyond. Through its mobile application, BuyCoins offers a user-friendly platform that enhances accessibility to digital currencies in a rapidly evolving financial landscape.

CowryWise

Angel Round in 2018
CowryWise is a FinTech company based in Lagos, Nigeria, that provides a personal finance platform aimed at automating savings and investments for users across the country. The platform allows users to automatically transfer funds from their bank accounts into CowryWise accounts on a daily, weekly, or monthly basis. These savings are then invested in risk-free instruments such as treasury bills and government bonds, earning interest daily. CowryWise focuses on democratizing access to premium financial services by offering them at low rates, thereby enhancing financial inclusion. Through technology and investment management, the company delivers wealth management and financial planning services, along with free wealth advisory and consumer education, enabling customers to achieve their financial goals in a secure and straightforward manner.

Schoolable

Pre Seed Round in 2018
Schoolable is a fintech company focused on enhancing school finance management through its expense management platform. The platform provides essential tools for invoicing, expense reconciliation, and payment processing, enabling schools to manage various financial operations effectively. It includes features such as tracking part payments, managing discounts, handling employee payroll, and facilitating vendor payments with an approval flow for all transactions. Additionally, Schoolable's invoicing software assists families by creating separate bank accounts for automatic payment reminders, simplifying the process of tuition payments for parents. The company is dedicated to improving educational finance practices, with a belief in the transformative power of education within communities.

Helicarrier

Pre Seed Round in 2017
Helicarrier offers cryptocurrency infrastructure that offers products buycoins, buycoins pro, sendcash, and sendcash pay.
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