Techstars

Techstars is a global platform that invests in and supports early-stage technology companies. Founded in 2006, it operates a mentorship-driven accelerator program, providing seed funding, intensive mentorship, and access to a network of investors and entrepreneurs. Techstars has programs in various locations worldwide, including Boston, Boulder, New York, Seattle, London, Chicago, and Austin. It invests $118,000 in each company, with $18,000 in seed funding and an optional $100,000 convertible debt note. Techstars also has industry-specific accelerator programs, such as Techstars Retail and Techstars Music, focusing on retail and music technology, respectively. Its portfolio includes over 1,000 companies with a combined market cap of $8.1 billion.

Ethan Austin

Director

Sarah Bain

Managing Director

Tré Baker

Managing Director

Sylvain Carle

Mentor

Marcelo DoRio

Business Mentor

Tim Dorr

Managing Director

Tom Emrich

Mentor

Jordan Fliegel

Managing Director

Hugh Mc Girr

Program Manager

Terry Gold

Managing Director

Alisha Golden

Investment Lead

Kirstin Hunter

Managing Director

Matthew Jaeh

Managing Director

Adam Johnson

Mentor

Tariq Khan

Mentor

Matt Kozlov

Managing Director

Ryan Kuder

Managing Director

Raphaele Leyendecker

Managing Director

Taylor McLemore

Managing Director

Bob Moczydlowsky

Managing Director

Bruno Morency

Managing Director

Marie Moussavou

Chief Portfolio Services Officer

Yi Ming Ng

Mentor

Zach Nies

Managing Director

Hilla Ovil-Brenner

Managing Director

Melissa Pegus

Managing Director

Julie Penner

Program Director

Adrian Petersen

Mentor

Martin Schilling

Managing Director

Jason Seats

Partner

Ted Serbinski

Managing Director, Mobility

Mike Sherbakov

Mentor

KJ Singh

Managing Director

Oyin Solebo

Managing Director

Vijay Tirathrai

Managing Director

Caroline Tosbath

Associate

Kartik Varma

Managing Director

Jenna Walker

Managing Director

Anne Wellington

Managing Director

Morris Wheeler

Lead Mentor

Past deals in Africa

HubIQ

Pre Seed Round in 2024
HubIQ is a Kenya/US-based company offering strategic storage locations and streamlined 24/7 distribution across Kenya and East Africa. It provides cost-effective deliveries and effortless supply chain management, empowering small and medium enterprises to thrive in the digital age.

Elmetr inc. (500 startups portfolio company)

Seed Round in 2023
Elmetr Inc. operates an online legal platform aimed at connecting users in Egypt and the Middle East with suitable lawyers for various legal needs, including family law, commercial law, criminal law, and administrative judiciary matters. By providing a comprehensive lead-generation hub for legal professionals, Elmetr enhances transparency in legal case handling and facilitates improved client reviews. The platform features detailed lawyer profiles, enabling better specialization and sub-specialization within the legal field. Additionally, it streamlines case management, billing, and client interactions, ultimately increasing the reach of law offices and elevating the quality of legal services available to clients.

The Daily Sale Shop

Pre Seed Round in 2023
The Daily Sale Shop is an online marketplace based in Zimbabwe that provides customers with access to a diverse selection of products. The company is committed to enhancing the shopping experience by offering free nationwide delivery, reliable customer support, and a seamless checkout process. This allows customers to shop conveniently from their homes and receive their orders with ease.

Gamr

Pre Seed Round in 2023
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.

CatalyzU

Pre Seed Round in 2023
CatalyzU is a technology-driven organization focused on empowering individuals in Africa by enhancing their skills and facilitating job opportunities. The company operates an investment training platform that utilizes data and community engagement to support personal and professional development. By fostering a supportive ecosystem, CatalyzU aims to unlock investments in the venture capital and startup sectors, thereby contributing to the growth of Africa's economic landscape. Through its innovative approach, the company seeks to connect people with resources and opportunities that will help them thrive in a competitive job market.

PipeOps

Pre Seed Round in 2023
PipeOps, established in 2021 and based in Lekki, Lagos, specializes in streamlining software deployment, monitoring, and scaling. Its core product is a no-code tool platform that simplifies cloud deployments and infrastructure management. The platform offers a user-friendly graphical interface, supports multiple frameworks, and automates build triggers, empowering businesses of all sizes to deploy applications more efficiently.

Brolly

Convertible Note in 2023
Brolly is an insurtech company focused on making auto insurance more accessible and affordable in Africa, specifically through flexible payment options and usage-based pricing models. Headquartered in Delaware and operating in Ghana, Brolly utilizes artificial intelligence and automation to enhance the speed and efficiency of its services. The platform offers a pay-as-you-go auto insurance model and includes complimentary fleet management tools, allowing users to easily manage their insurance needs. Customers can report claims and receive same-day payments, streamlining the claims process. Brolly has plans to expand its services to additional African countries in the coming years.

BezoMoney

Venture Round in 2023
BezoMoney operates a digital savings platform from Accra, Ghana, offering a personal e-wallet and a group e-wallet for social savings via a mobile app. It serves low-income earners by enabling regular saving, access to bulk capital through group savings, and tools to improve creditworthiness. The platform features a lock option on the personal wallet and uses a machine-learning based points system that rewards consistency with benefits such as discounts and potential investment options. A rotational group savings model ties members within a network, promoting transparency, accountability and security of savings as users progress toward financial independence.

Payday

Seed Round in 2023
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.

Raenest

Seed Round in 2023
Raenest is a financial technology company that provides a comprehensive platform for startups and freelancers to manage invoicing and payments across multiple currencies. The company streamlines the process of sending invoices, receiving deposits, and processing payments, allowing users to easily pay contractors, vendors, and freelancers globally. Raenest's services include automated onboarding and verification, as well as the creation of virtual cards, which facilitate efficient coordination of payments while ensuring compliance with tax regulations. By offering fast and cost-effective money transfers, Raenest empowers African individuals and businesses to navigate the complexities of cross-border transactions with ease.

Xolani Health

Pre Seed Round in 2023
Xolani Health is a health-tech company based in Abuja, Nigeria. It develops automated AI tools for radiologists, assisting in disease detection and reporting, particularly in low-resource settings.

Salad

Pre Seed Round in 2023
Salad deliver financial services and perks to promote employee health and motivate them to live better lifestyles, resulting in a more effective workforce for businesses in Africa.

Flick

Pre Seed Round in 2023
Flick is a developer of an online payments platform that focuses on facilitating contactless payments across Africa. The platform provides businesses with API access to AI-driven financial data and a reliable direct payment solution. By connecting bank accounts to its app, Flick enables clients to make secure and swift borderless transactions while also allowing them to view their net worth at a glance. This innovative approach aims to streamline financial interactions across multiple financial institutions, enhancing the payment experience for users in the region.

Trade Lenda

Pre Seed Round in 2023
Trade Lenda is a digital financial service provider focused on enhancing access to credit for micro, small, and medium enterprises (MSMEs) in Nigeria. Recognizing that access to finance is a significant barrier for these businesses, Trade Lenda utilizes alternative data sources to assess the character and capacity of loan applicants, thereby streamlining the credit evaluation process and minimizing reliance on traditional collateral. This innovative approach addresses the challenges faced by MSMEs, which play a crucial role in the economy by contributing to job creation and GDP. In addition to offering short-term loans to support working capital needs, Trade Lenda plans to expand its services to include micro savings, insurance, investment, and pension solutions, further empowering MSMEs and enhancing their financial stability.

Oystr Finance

Pre Seed Round in 2022
Oystr Finance is a SaaS company that facilitates credit accessibility in Africa. It offers an infrastructure enabling institutional lenders to launch low-risk micro-loan products, expand into new markets swiftly and efficiently.

FanBants

Pre Seed Round in 2022
FanBants is an entertainment company based in Lagos, Nigeria, established in 2022. It focuses on connecting Africans through competition and community engagement while redefining the concept of fanhood in the region. The company offers a fantasy sports platform that allows users to participate in virtual football games online. Through its platform, users can engage in contests and win prizes, providing an opportunity for sports fans to actively demonstrate their knowledge and passion for the sports they love. FanBants aims to enhance the sporting experience for its community by fostering a competitive spirit and building a vibrant fan culture.

Glover

Pre Seed Round in 2022
Glover is a digital assets marketplace that enables buying and selling of gift cards, conversion of airtime to cash, and payment for utilities and e-tickets, offering a centralized platform for instant asset valuations, secure wallet storage, peer-to-peer transactions, and streamlined redemption across supported financial and retail services. Based in Lagos, Nigeria, with a presence in Ghana, the company plans to expand across Africa and build a financial ecosystem that supports easy, convenient growth for individuals and businesses.

Mavuno

Pre Seed Round in 2022
Mavuno provides African smallholder farmers with an annual subscription service bundle that enhances harvest yields through precise crop treatment suggestions powered by machine learning and satellite imaging. The company's AgriTech platform facilitates access to farming supplies and services, revolutionizing agriculture in Africa.

Capsa

Pre Seed Round in 2022
Capsa is a fintech platform that enables small and medium-sized businesses to unlock liquidity by turning unpaid invoices into working capital. It provides an online marketplace for trading receivables, allowing the digital buying and selling of invoices to improve cash flow and reduce bad debt, with a focus on SMEs in Africa. The platform has facilitated substantial activity, having traded over $26 million in invoices and processed over $80 million in payments within approximately 20 months of operation.

AgroCenta

Non Equity Assistance in 2022
AgroCenta, founded in 2015 by Francis Obirikorang and Michael K. Ocansey, is an agri-tech company focused on enhancing the agricultural value chain in Ghana. The company addresses significant challenges faced by smallholder farmers, including limited market access and inefficient logistics. By offering an online sales platform, AgroCenta enables farmers to connect directly with national markets, ensuring they achieve fair prices for their commodities while minimizing exploitation by middlemen. The platform also features real-time commodity pricing and access to credit facilities, empowering farmers to make informed decisions about their sales. To tackle logistical issues, AgroCenta has developed TrucKR, a solution that allows farmers in remote areas to hire trucks quickly and conveniently for transporting their goods. Through these innovations, AgroCenta is transforming the agricultural landscape in Ghana by leveraging technology to improve the livelihoods of smallholder farmers.

Rent Small Small

Pre Seed Round in 2022
Rent Small Small is a Nigeria-leading prop-tech platform providing a unique rental solution to Nigerians in order to improve the home-seekers rental experience and increase homeowner's occupancy rate. Our business model is unique as it allows verified tenants to find a property on the go, stay within budget, and pay rent flexibly. We provide first-of-its-kind rent insurance for property owners against rent default, and unlike traditional agents, we don’t charge agency and legal fee. Our mandate is to provide suitable and affordable homes for home-seekers, influence the conception and birth of new homes to boost the livelihood and productivity of Nigerian youths, and help homeowners make their property rentable and profitable.

Emergency Response Africa

Seed Round in 2022
Emergency Response Africa (ERA) is a health technology company focused on transforming emergency medical response across Africa. Founded in 2018 and headquartered in Lagos, Nigeria, with an additional location in Kitchener, Canada, ERA provides comprehensive emergency medical care services to individuals, families, businesses, and communities, as well as tailored packages for insurers. The company leverages advanced technology to enhance emergency management by utilizing intelligent dispatch and communication systems. This platform connects individuals experiencing medical emergencies with a vast network of first responders, emergency vehicles, and hospitals within minutes, ensuring swift and effective care. By integrating training, technology, and transportation, Emergency Response Africa aims to deliver immediate assistance and facilitate timely transfers to appropriate medical facilities for prompt treatment.

Iroko Analytics

Pre Seed Round in 2022
Founded in 2022, Iroko Analytics specializes in developing a monitoring platform that provides environmental intelligence for Africa's rainforests. Utilizing satellite analysis and land-use data, the company identifies significant reforestation opportunities and tracks real-time tree cover and carbon stocks, empowering governments, businesses, and investors to make impactful decisions.

Voyance

Pre Seed Round in 2022
Voyance is a big data company that leverages machine learning to help businesses make informed predictions about future outcomes. Its platform simplifies data science by acquiring, validating, storing, and securing data while also managing administrative tasks related to data preparation and analysis. This includes cleaning and planning data, as well as generating reports to facilitate stakeholder engagement. Voyance’s technology enables organizations to address critical questions, such as forecasting revenue, detecting fraudulent transactions, and assessing customer churn. The company is currently piloting its services with various institutions, including banks and fintech firms, across Africa and the United Arab Emirates.

Bailport

Non Equity Assistance in 2022
Bailport is a developer of a multi-currency e-wallet that leverages blockchain technology to provide low-cost payment solutions primarily targeting the African market. The platform allows users to exchange, save, and send money instantly at competitive rates. As a mobile-only banking alternative, Bailport facilitates seamless money transfers from Africa to the rest of the world, aiming to enhance financial accessibility and efficiency for its users.

Dash

Seed Round in 2022
Dash is building a unified, modern, and accessible alternative payment network for African consumers and businesses. The company was founded in 2020 and is headquartered in New York, United States.

Voyance

Pre Seed Round in 2022
Voyance is a big data company that leverages machine learning to help businesses make informed predictions about future outcomes. Its platform simplifies data science by acquiring, validating, storing, and securing data while also managing administrative tasks related to data preparation and analysis. This includes cleaning and planning data, as well as generating reports to facilitate stakeholder engagement. Voyance’s technology enables organizations to address critical questions, such as forecasting revenue, detecting fraudulent transactions, and assessing customer churn. The company is currently piloting its services with various institutions, including banks and fintech firms, across Africa and the United Arab Emirates.

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.

Payday

Convertible Note 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.

Rent Small Small

Pre Seed Round in 2021
Rent Small Small is a Nigeria-leading prop-tech platform providing a unique rental solution to Nigerians in order to improve the home-seekers rental experience and increase homeowner's occupancy rate. Our business model is unique as it allows verified tenants to find a property on the go, stay within budget, and pay rent flexibly. We provide first-of-its-kind rent insurance for property owners against rent default, and unlike traditional agents, we don’t charge agency and legal fee. Our mandate is to provide suitable and affordable homes for home-seekers, influence the conception and birth of new homes to boost the livelihood and productivity of Nigerian youths, and help homeowners make their property rentable and profitable.

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.

Dash

Venture Round in 2021
Dash is building a unified, modern, and accessible alternative payment network for African consumers and businesses. The company was founded in 2020 and is headquartered in New York, United States.

Igugu Global

Pre Seed Round in 2021
Igugu Global is a London-based company that provides climate transition analytics and carbon diligence services to search, structure, and finance sustainable infrastructure projects. It leverages climate disclosures and sustainability data to enable organizations to self-assess and disclose climate-related financial information, showcase a diverse pipeline of projects to prospective investors and banks, and tap into adaptation and mitigation finance. The company helps reduce market fragmentation by assisting users in assessing deal viability and risk, thereby facilitating the flow of capital to low-carbon, climate-resilient, and inclusive infrastructure ventures. Founded in 2019 by Anele Makhwaza, Igugu Global serves financial institutions, developers, and corporates in navigating transition risks and financing sustainable infrastructure.

Periculum

Pre Seed Round in 2021
Periculum develops an advanced data intelligence platform that leverages artificial intelligence and machine learning models. This platform processes large datasets, extracts meaningful insights, and automates data-driven workflows to enhance efficiency, optimize operations, and facilitate informed strategic decisions.

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.

Glamera

Seed Round in 2021
Founded in 2019, Glamera operates a mobile application enabling Arab women to book and pay for health and beauty services. Users can select their location, choose the desired service, schedule appointments, select payment methods, and confirm orders for hair care, skincare, nails, and makeup services.

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.

TalentQL

Pre Seed Round in 2021
Founded in 2020, TalentQL specializes in hiring, developing, and managing remote talent for global companies. It offers services such as talent outsourcing, pipeline creation, and workforce management.

Treepz

Pre 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.

Eversend

Pre Seed Round in 2020
Eversend SAS is a financial technology company based in Paris, France, that specializes in developing a multi-currency e-wallet application. Established in 2017, Eversend enables users to exchange, send, and spend money across various currencies while also providing services such as cryptocurrency purchases and virtual card creation. The platform leverages blockchain technology to facilitate electronic money transfers, allowing clients to send funds to bank accounts and mobile payments with reduced fees and favorable foreign exchange rates. Eversend plans to expand its offerings to include personal loans, savings, group savings, merchant payments, and investment services, targeting markets in Nigeria, Francophone Africa, and Europe. The company is focused on product development, user acquisition, and regulatory compliance to enhance its services and strengthen its financial position.

Howler

Series B in 2020
Howler is an event technology company that provides a comprehensive platform to help organizers plan, promote, manage and control events while delivering seamless guest experiences. The platform consolidates ticketing, screening, contactless payments, vendor management and streaming into a single solution, enabling end-to-end event operations. It offers modules for end-to-end ticket handling, distribution, insurance and access, cashless transactions, and attendee discovery to help goers find events quickly and transact with a tap. Howler leverages years of event industry experience and has a proven operational track record at major events in Africa.

Bitback

Pre Seed Round in 2020
Bitback, a Techstars portfolio company (20') and former IDEO CoLab resident (19'), is the cashback rewards platform connecting young people and retailers across Africa. We are on a mission to put money back into the pockets of young people around the globe. Users earn cash back for each and every purchase they make from their favourite retailers through the Bitback app. Merchants and service providers are able to reach and retain young consumers through special offers and rewards. Bitback’s vision is to create new income streams for young people and to fuel their entrepreneurial spirits.

Howler

Seed Round in 2019
Howler is an event technology company that provides a comprehensive platform to help organizers plan, promote, manage and control events while delivering seamless guest experiences. The platform consolidates ticketing, screening, contactless payments, vendor management and streaming into a single solution, enabling end-to-end event operations. It offers modules for end-to-end ticket handling, distribution, insurance and access, cashless transactions, and attendee discovery to help goers find events quickly and transact with a tap. Howler leverages years of event industry experience and has a proven operational track record at major events in Africa.

Versus Africa

Pre Seed Round in 2019
Versus is a tool that combines online and offline consumer data to give brands actionable and competitive insight for the African market. Working with global clients both within Africa and beyond, we seek to help brands have a better understanding of the African consumer.

Wella Health

Pre Seed Round in 2019
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.

Hiveonline

Pre Seed Round in 2019
Hiveonline is a startup based in Copenhagen, Denmark, Kigali, Rwanda, and Stockholm, Sweden. It delivers digital financial solutions for unbanked entrepreneurs in developing economies. The company offers two main products: Savings Group and Cooperatives, both creating a financial ecosystem with services like identity verification, structured lending, risk aggregation, and cheap digital cash. Hiveonline uses behavioral analytics and blockchain technology to provide frictionless financial administration and build trust networks.

Farmcrowdy

Seed Round in 2019
Farmcrowdy is an agri-tech platform that enables Nigerians to sponsor farms of their choice. It secures land, engages farmers, insures produce, and manages the farming cycle. Sponsors receive updates and a return on investment upon harvest sale.

Dopay

Convertible Note in 2019
Dopay is a provider of cloud-based payroll and cash management services aimed at addressing the challenges faced by companies with unbanked employees. With an estimated 2 billion people worldwide lacking bank accounts, many employers are burdened with managing large amounts of cash. Dopay offers a solution by enabling electronic salary calculations and payments through its platform, which includes a payment account for employees. This allows workers to receive their salaries via a DoPay card and app, facilitating a full banking experience. The company is currently collaborating with Barclays to deliver payroll services to various multinationals, embassies, and local businesses in Egypt, with plans to expand into other regions with significant unbanked populations.

Eversend

Pre Seed Round in 2019
Eversend SAS is a financial technology company based in Paris, France, that specializes in developing a multi-currency e-wallet application. Established in 2017, Eversend enables users to exchange, send, and spend money across various currencies while also providing services such as cryptocurrency purchases and virtual card creation. The platform leverages blockchain technology to facilitate electronic money transfers, allowing clients to send funds to bank accounts and mobile payments with reduced fees and favorable foreign exchange rates. Eversend plans to expand its offerings to include personal loans, savings, group savings, merchant payments, and investment services, targeting markets in Nigeria, Francophone Africa, and Europe. The company is focused on product development, user acquisition, and regulatory compliance to enhance its services and strengthen its financial position.

Kora

Pre Seed Round in 2019
Kora is a pan-African payment infrastructure company based in Canada, with additional offices in Nigeria and the United Kingdom. It specializes in providing a cross-border payments platform that facilitates local and global businesses in accepting pay-ins, making payouts, and settling transactions across various payment channels throughout Africa. By leveraging blockchain technology, Kora aims to lower the costs associated with remittances, making it easier for individuals and businesses to receive payments from anywhere in the world.

Dash

Pre Seed Round in 2019
Dash is building a unified, modern, and accessible alternative payment network for African consumers and businesses. The company was founded in 2020 and is headquartered in New York, United States.

Mobius Motors

Series A in 2018
Mobius Motors Ltd. is a vehicle manufacturer based in Nairobi, Kenya, established in 2011. The company focuses on designing, producing, and selling affordable vehicles tailored for the African mass market, specifically addressing the needs of consumers in developing regions. Mobius Motors' vehicles are engineered for durability and functionality, making them suitable for transporting heavy cargo, navigating rough and degraded terrains, and serving public transport and goods delivery needs. The company's mission is to enhance connectivity and improve the livelihoods of rural African communities by providing appropriate transportation solutions.

Farmcrowdy

Seed Round in 2017
Farmcrowdy is an agri-tech platform that enables Nigerians to sponsor farms of their choice. It secures land, engages farmers, insures produce, and manages the farming cycle. Sponsors receive updates and a return on investment upon harvest sale.

Eversend

Pre Seed Round in 2017
Eversend SAS is a financial technology company based in Paris, France, that specializes in developing a multi-currency e-wallet application. Established in 2017, Eversend enables users to exchange, send, and spend money across various currencies while also providing services such as cryptocurrency purchases and virtual card creation. The platform leverages blockchain technology to facilitate electronic money transfers, allowing clients to send funds to bank accounts and mobile payments with reduced fees and favorable foreign exchange rates. Eversend plans to expand its offerings to include personal loans, savings, group savings, merchant payments, and investment services, targeting markets in Nigeria, Francophone Africa, and Europe. The company is focused on product development, user acquisition, and regulatory compliance to enhance its services and strengthen its financial position.

Farmcrowdy

Pre Seed Round in 2017
Farmcrowdy is an agri-tech platform that enables Nigerians to sponsor farms of their choice. It secures land, engages farmers, insures produce, and manages the farming cycle. Sponsors receive updates and a return on investment upon harvest sale.

Omnio Group

Pre Seed Round in 2017
Omnio Group, founded in 2018 and headquartered in London, is a provider of banking-as-a-Service solutions designed for banks, building societies, credit unions, and various corporate clients. The company specializes in digital banking, managed services, and digital payment solutions, enabling its clients to offer innovative and reliable financial services. Omnio's platform incorporates features such as loyalty programs and back-office services, allowing clients to enhance their product offerings and generate new revenue streams through embedded financial services. With a presence in Europe, Australia, North America, and Africa, Omnio supports over 130 small financial institutions and collaborates with leading businesses and government organizations to deliver effective financial products tailored to meet evolving customer needs.

OffGridBox

Funding Round in 2017
OffGridBox is a company that specializes in delivering renewable energy and clean water solutions to remote areas and developing countries through its innovative OffGridBox™ system. This modular unit, housed within a compact 6x6x6 feet shipping container, is equipped with the necessary technology to generate electricity and purify water. OffGridBox aims to address the needs of over 2 billion people who lack access to reliable energy and clean water. Each unit can serve approximately 300 families, potentially impacting around 1,500 individuals, and is often managed by local cooperatives, such as women-led organizations in Rwanda. The company has successfully deployed 38 units across nine countries, including Italy, South Africa, Rwanda, Nigeria, the Philippines, Madagascar, the United States, and Colombia, serving various sectors such as humanitarian efforts, household retail, and industrial services. To date, these units have accumulated over 400,000 working hours, demonstrating their effectiveness and sustainability.

Howler

Seed Round in 2017
Howler is an event technology company that provides a comprehensive platform to help organizers plan, promote, manage and control events while delivering seamless guest experiences. The platform consolidates ticketing, screening, contactless payments, vendor management and streaming into a single solution, enabling end-to-end event operations. It offers modules for end-to-end ticket handling, distribution, insurance and access, cashless transactions, and attendee discovery to help goers find events quickly and transact with a tap. Howler leverages years of event industry experience and has a proven operational track record at major events in Africa.

Byte Money

Seed Round in 2017
Byte Money is a South African company founded in 2008, based in Johannesburg, that specializes in the receipting and allocation of funeral policies. The firm utilizes a mobile point of sale terminal and a pay your premium platform to facilitate the electronic collection of cash premiums, enhancing efficiency and accuracy in payment handling. By providing cash receipting and auditing services, Byte Money supports funeral parlors, administrators, underwriters, software providers, and policyholders. The company is committed to continuous improvement and integration with various policy administration systems, ensuring seamless operations for its clients. Additionally, Byte Money offers service and repair for POS terminals and supplies quality thermal paper, tailored for rural environments. Through its secure platform, Byte Money aims to mitigate risks associated with manual processing, reduce administrative costs, and enhance profitability for its users in the informal finance sector.

Flexpay

Seed Round in 2017
Flexpay operates a digital payment platform that facilitates electronic transactions. Its services include Flex Rent for commercial and residential rent payments, Flex Travel for holiday packages, and Flex Retail for payments at partner merchants.

FomoTravel

Funding Round in 2017
FOMO Travel is an innovative online lay-buy platform that enables individuals, families, and groups to finance their travel goals through manageable deposit and installment payments. By allowing users to avoid interest and debt, the platform facilitates a collaborative approach to travel funding, where friends and family can contribute towards the traveler's budget. FOMO Travel has established operational partnerships with the Singer Group and SA Tourism, and is currently finalizing a proof of concept campaign with Absa. The company has garnered media attention through various articles and features in outlets such as City Press and Fin24, as well as appearances on radio stations like SAFM and Cape Talk. Its offerings empower customers to effectively plan their trips while making them financially accessible.

OffGridBox

Pre Seed Round in 2017
OffGridBox is a company that specializes in delivering renewable energy and clean water solutions to remote areas and developing countries through its innovative OffGridBox™ system. This modular unit, housed within a compact 6x6x6 feet shipping container, is equipped with the necessary technology to generate electricity and purify water. OffGridBox aims to address the needs of over 2 billion people who lack access to reliable energy and clean water. Each unit can serve approximately 300 families, potentially impacting around 1,500 individuals, and is often managed by local cooperatives, such as women-led organizations in Rwanda. The company has successfully deployed 38 units across nine countries, including Italy, South Africa, Rwanda, Nigeria, the Philippines, Madagascar, the United States, and Colombia, serving various sectors such as humanitarian efforts, household retail, and industrial services. To date, these units have accumulated over 400,000 working hours, demonstrating their effectiveness and sustainability.

Jamii Africa

Seed Round in 2016
Jamii Africa is a provider of mobile micro-health insurance tailored for the informal sector and low-income individuals. The company has developed a mobile policy management platform that automates 99% of insurance administration tasks, significantly reducing operational costs. Through strategic partnerships with an insurer and a telecommunications provider, Jamii Africa facilitates cashless transactions for premium collections and benefit payouts using mobile money platforms. Their insurance offerings include a variety of policies designed to provide access to numerous hospitals, ensuring that clients receive affordable health coverage that meets their specific needs. By streamlining processes and leveraging technology, Jamii Africa aims to make low-cost health insurance more accessible to underserved populations.

Tech4farmers

Seed Round in 2016
Tech4farmers is a Ugandan company founded in 2014 by Dennis Ndongyereye and Deogratious Afimani, focused on enhancing the agricultural sector through technology. The company provides farmers with a digital platform that offers real-time access to market information, thereby facilitating the sale of produce and improving business management for farmers. Its core services include an electronic warehouse receipt system and an electronic commodity exchange, which empower farmers to engage directly in the marketplace and streamline payment processes. Through these innovative solutions, Tech4farmers aims to promote inclusive and sustainable agricultural value chains in Uganda.

Jamii Africa

Seed Round in 2016
Jamii Africa is a provider of mobile micro-health insurance tailored for the informal sector and low-income individuals. The company has developed a mobile policy management platform that automates 99% of insurance administration tasks, significantly reducing operational costs. Through strategic partnerships with an insurer and a telecommunications provider, Jamii Africa facilitates cashless transactions for premium collections and benefit payouts using mobile money platforms. Their insurance offerings include a variety of policies designed to provide access to numerous hospitals, ensuring that clients receive affordable health coverage that meets their specific needs. By streamlining processes and leveraging technology, Jamii Africa aims to make low-cost health insurance more accessible to underserved populations.

iNuka Pap

Seed Round in 2016
iNuka Pap Limited is a Nairobi-based company established in 2014 that operates a mobile platform designed to provide instant financial services to members of savings and credit co-operatives (SACCOs) and microfinance institutions (MFIs) across Africa. The company's proprietary platform enables users to access short-term cash advances and other consumer services, such as prepaid electricity, airtime, and insurance. This service aims to help members address small cash emergencies quickly and conveniently, allowing them to manage their financial needs anytime and anywhere.

SimbaPay

Seed Round in 2016
SimbaPay is a London-based fintech company established in 2013. It provides digital money transfer services, enabling users to send funds quickly and securely to recipients' bank accounts or mobile wallets in Africa. The platform offers competitive exchange rates and supports transfers to Ghana, Kenya, Nigeria, and Uganda.

Beyonic

Seed Round in 2016
Beyonic, Inc. is a technology company based in Kampala, Uganda, that specializes in providing web-based digital payment services in Uganda and Kenya. Founded in 2006, the company offers a versatile platform that enables businesses to manage two-way mobile money payments across multiple mobile carriers and 26 mobile payment networks, as well as over 20 banks in nine countries. This platform facilitates the efficient management of various financial transactions, including payroll, debt collection, and disbursement of corporate funds. By utilizing a cloud-based system, Beyonic empowers clients to execute cashless payments, simplifying the process of paying suppliers, employees, and beneficiaries in emerging markets. As of June 30, 2020, Beyonic operates as a subsidiary of MFS Africa Limited.

BenBen

Seed Round in 2016
BenBen is a team of motivated engineers and innovators dedicated to improving Government Technology in Ghana. With their current focus on Land & Property Management , They aim to create a secured land title registration system and citizen payment portal that will bring Ghana to the forefront of land investment and govtech innovation and serve as a model for the rest of the world.

Dopay

Seed Round in 2016
Dopay is a provider of cloud-based payroll and cash management services aimed at addressing the challenges faced by companies with unbanked employees. With an estimated 2 billion people worldwide lacking bank accounts, many employers are burdened with managing large amounts of cash. Dopay offers a solution by enabling electronic salary calculations and payments through its platform, which includes a payment account for employees. This allows workers to receive their salaries via a DoPay card and app, facilitating a full banking experience. The company is currently collaborating with Barclays to deliver payroll services to various multinationals, embassies, and local businesses in Egypt, with plans to expand into other regions with significant unbanked populations.

Hot Hotels

Seed Round in 2015
Hot Hotels is a last-minute hotel booking application that enables users to find discounted same-day accommodations through their smartphones. Available on iPhone, Android, and Blackberry, the app serves as a fast and economical solution for travelers needing immediate lodging. For hotels, this platform provides a valuable opportunity to attract last-minute guests and fill unsold rooms. Founded in December 2011 and headquartered in Spain, Hot Hotels aims to establish a presence in every city worldwide, currently offering services in 23 countries and 167 cities across Europe, Africa, the Middle East, and Latin America. The company remains fully owned by its founders.

Dopay

Seed Round in 2015
Dopay is a provider of cloud-based payroll and cash management services aimed at addressing the challenges faced by companies with unbanked employees. With an estimated 2 billion people worldwide lacking bank accounts, many employers are burdened with managing large amounts of cash. Dopay offers a solution by enabling electronic salary calculations and payments through its platform, which includes a payment account for employees. This allows workers to receive their salaries via a DoPay card and app, facilitating a full banking experience. The company is currently collaborating with Barclays to deliver payroll services to various multinationals, embassies, and local businesses in Egypt, with plans to expand into other regions with significant unbanked populations.

Dopay

Seed Round in 2014
Dopay is a provider of cloud-based payroll and cash management services aimed at addressing the challenges faced by companies with unbanked employees. With an estimated 2 billion people worldwide lacking bank accounts, many employers are burdened with managing large amounts of cash. Dopay offers a solution by enabling electronic salary calculations and payments through its platform, which includes a payment account for employees. This allows workers to receive their salaries via a DoPay card and app, facilitating a full banking experience. The company is currently collaborating with Barclays to deliver payroll services to various multinationals, embassies, and local businesses in Egypt, with plans to expand into other regions with significant unbanked populations.

Mobius Motors

Pre Seed Round in 2013
Mobius Motors Ltd. is a vehicle manufacturer based in Nairobi, Kenya, established in 2011. The company focuses on designing, producing, and selling affordable vehicles tailored for the African mass market, specifically addressing the needs of consumers in developing regions. Mobius Motors' vehicles are engineered for durability and functionality, making them suitable for transporting heavy cargo, navigating rough and degraded terrains, and serving public transport and goods delivery needs. The company's mission is to enhance connectivity and improve the livelihoods of rural African communities by providing appropriate transportation solutions.

Remitly

Seed Round in 2012
Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.

Remitly

Seed Round in 2011
Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.

Hydropool

Hydropool developed the Get-water App, to help Nigerians between the ages of 18-45 save their money and productive time required to access clean water supply. Our solution makes water available on-demand, we provide service by aggregating water vendors to provide on-demand water tanker delivery and metered supply of water in Nigeria powered by smart meters and multi-payment channels. We are digitizing and decarbonizing the already fragmented/decentralized supply chain of water.
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