Techstars

Techstars Central LLC, founded in 2006 and based in Boulder, Colorado, operates as a startup accelerator and venture capital firm focused on supporting early-stage technology-oriented companies. It specializes in a mentorship-driven accelerator program, selecting ten startups each summer to participate in a three-month incubation period, offering funding of $120,000 in exchange for equity. Techstars invests primarily in sectors such as fintech, artificial intelligence, blockchain, augmented reality, and IoT, while avoiding investments in medical devices, healthcare technology, and local service-oriented businesses. In addition to its primary accelerator, Techstars has various specialized programs, including those focused on music, retail, mobility, and social impact, with global reach extending to regions such as Africa, Asia, and Latin America. The firm prefers taking minority stakes, typically between six and ten percent, without seeking board representation or investor rights. Techstars has built a robust network of entrepreneurs, mentors, and corporate partners to foster innovation and growth within its portfolio, which includes over 1,000 companies with a significant collective market capitalization.

Ethan Austin

MD of the Techstars Western Union Accelerator

Max Kelly

Managing Director of Techstars London

Lesa Mitchell

Managing Director

Vijay Tirathrai

Managing Director

Mark Tortorella

Advisor

Nathanial Zola

MD

Past deals in Africa

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.

Votemo

Pre Seed Round in 2023
Votemo offers engagement tool for live and hybrid events with original video overlay of results. Main tools are polls, commenting, Q&A, reactions, micropayment. Votemo can be used on any event platform, added as iFrame, added as widget, invite people via QR code or url. Using Votemo tools will increase event engagement and ROI of event organiser.

Fez

Seed Round in 2023
Fez is a logistics platform focused on providing hassle-free delivery services to customers. The company offers an application that facilitates last-mile delivery within urban areas, allowing users to book deliveries, manage their wallets, and track their orders. By enabling the movement of goods from any point in the country, Fez aims to deliver affordable, fast, and efficient delivery solutions. The company is committed to ensuring a stress-free experience for both senders and recipients, emphasizing their duty to deliver packages with care and reliability.

NeedEnergy

Pre Seed Round in 2023
NeedEnergy is there to provide sustainable and clean energy solutions based on energy data. NeedEnergy is an energy-tech start-up company that leverages innovation, data and modern technology through ai and machine learning relevant with time as its core values.

peppa

Pre Seed Round in 2023
Pepperest, a financial technology company, is changing the the face of peer-to-peer commerce, by providing small-midsize merchants the tools to improve sales and conversions by leveraging the power of social and escrow. We do this through our revolutionary tool-set which helps convert any merchant business page on leading social platforms to a fully-fledged store able to process payments and offer buyer protection. By ensuring buyers are protected, businesses immediately attain a higher level of credibility and greater prospects of sales.

Oystr Finance Inc

Pre Seed Round in 2022
Oystr finance is a Saas company democratising credit in Africa by providing institutional lenders with an infrastructure that enables them to launch low-risk micro-loan products, grow their portfolio and expand into new markets in less than 30 minutes.

Capsa Technology

Pre Seed Round in 2022
Capsa Technology is a fintech company focused on streamlining and bridging the financial woes of SMEs in Africa - starting in Nigeria

Nyungu Afrika

Pre Seed Round in 2022
Nyungu Afrika is a circular economy using agricultural waste, pineapple leaves, and corn husk fibers. They offer services for agricultural waste like pineapple and corn husk fibers.

Rent Small Small

Pre Seed Round in 2022
Rent Small Small Ltd. is a prop-tech platform providing a unique rental solution to Nigerians in order to improve home-seekers rental experience and increase home-owners occupancy rate. Our business model is unique as it allows verified tenants to find 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 to make their property rentable and profitable.

MyCover.ai

Pre Seed Round in 2022
MyCover.ai is an open insurance API that allows insurance companies to distribute their products faster and cheaper, it enables innovators to embed insurance into their current offerings or launch new insurance verticals and ultimately deliver great experiences to customers. Our AI-powered claims management service helps insurance companies to streamline their claims processes, reduce fraud while also saving time and money.

Remote Gravity

Pre Seed Round in 2022
Remote Gravity is a provider for physical address verification. They train and test agents to provide a service that meets the standards that KYC providers are expected to deliver to their customers. They deliver reports that meet SLA requirements and ensure KYC for companies. regardless of budget and location, enabling agencies and brands to purchase outdoor advertisement placements.

Optimo

Pre Seed Round in 2022
Optimo is a B2B SaaS and EdTech company that provides blue-collar workers with peer-to-peer gamified learning. The company was founded in 2021 and is headquartered in Berlin, Germany.

Gaia Investments

Pre Seed Round in 2022
Gaia is a sustainable investment platform that makes it simple to invest in companies that are committed to a more sustainable future.

Gigmile

Pre Seed Round in 2022
Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.

SurplusMap

Pre Seed Round in 2022
SurplusMap engages with municipalities, energy companies, and emerging industries to find ideal co-location opportunities and attract green investments. They provide a communication platform with a digital process. They offer green hydrogen, data centers, energy-intensive industries, and the location of microgrids.

Voyance

Pre Seed Round in 2022
Voyance is a big data company that leverages machine learning to assist businesses in making predictive analyses based on their data. The platform enables organizations to answer critical questions regarding revenue forecasts, transaction fraud detection, and customer retention. It simplifies data science by acquiring, validating, storing, and securing data while also preparing it for analysis. Additionally, Voyance facilitates the creation of reports to engage stakeholders effectively. Currently, the company is piloting its services with various organizations in sectors such as banking, e-commerce, and fintech across Africa and the United Arab Emirates.

Leo

Seed Round in 2022
Leo is a recruiting tool that empowers employers and employment agencies through agile recruiting. They recognize that technology is at the heart of every successful recruiting, applicant, hiring manager, and client experience. The contact mode of the company is by mail, phone, and physical address.

Glamera

Seed Round in 2022
Glamera is a mobile application designed for Arab women to easily book and pay for health and beauty services. Launched in 2019 and based in Nasr City, Egypt, the app addresses common challenges associated with scheduling appointments at salons and beauty professionals. Users can select their desired location and service, schedule appointments, and choose from various payment methods, including options for payment in the salon or through the app itself. The platform features over 200 service providers, allowing clients to discover new services while saving time and effort. Glamera also enhances the user experience by offering discounts and loyalty points through its payment gateways. The application operates in Egypt, Saudi Arabia, and the United Arab Emirates, making beauty services more accessible and convenient.

TaTiO

Seed Round in 2022
Skillset helps you make better, fairer, and more efficient hire decisions combining a technology solution with grounded theory and practice. Skillset replaces the traditional resume with an instant and fast online process that evaluates the parameters for predicting success, in which anyone can showcase his or her abilities without hiding behind a dull resume.

Tegarti

Pre Seed Round in 2021
Tegarti is a cloud-based POS and omnichannel retail management platform.

Healthtracka

Seed Round in 2021
Healthtracka is a digital health platform that allows consumer direct access to lab tests bookings, at-home sample collection and digital results in 1-3days

Lenco

Seed Round in 2021
Lenco is a Neobank that makes current bank accounts and tools for SMEs to grow in Africa. It make bank accounts easy to open and free to manage for businesses in Africa, while also providing tools that helps the businesses grow

Duhqa

Pre Seed Round in 2021
Duhqa operates a supply chain and distribution technology platform that connects manufacturers, retailers, and individuals. The platform facilitates online ordering and real-time tracking, enhancing the efficiency of the ordering and delivery processes. Additionally, it provides access to short-term financing, allowing retailers to improve their inventory management and potentially lower costs related to fragmented supply chains. By streamlining these connections, Duhqa enables its users to shop and manage distribution more effectively.

Atlas AI

Pre Seed Round in 2021
Atlas AI develops and creates digital tools that measures personal workout poses and allows coaches to provide feedback. It is based in London, England.

Igugu Global

Pre Seed Round in 2021
Igugu Global provides climate transition analytics to search, structure, and finance sustainable infrastructure projects. It is also a provider of environmental, social, and governance mapping, structuring, and due diligence for green building, transport, and energy portfolios that enable clients to solve the problem of fragmentation in financial markets. Founded in 2019 by Anele Makhwaza, Igugu Global is headquartered in Johannesburg, South Africa.

Periculum

Pre Seed Round in 2021
Periculum is an alternate credit rating solution for underserved markets, and their vision is to unlock credit for the developing world to accelerate economic empowerment. They provide lenders and financial institutions across Africa with a machine learning, alternate credit assessment solution. Their machine learning model has an 80% default prediction accuracy, better than FICO, Equifax, and Trans Union. Periculum is going to become an Africa-wide credit bureau, providing credit profiles to people and companies across the continent.

Engram

Pre Seed Round in 2021
Engram is a software company that provides digital customer experience services to businesses. Engram's software products enable businesses to create a seamless experience for people in every interaction with the company. Create value and a great experience for each individual in a transparent and understandable way, while the people remain in control. Together we make memorable digital experiences

Glamera

Seed Round in 2021
Glamera is a mobile application designed for Arab women to easily book and pay for health and beauty services. Launched in 2019 and based in Nasr City, Egypt, the app addresses common challenges associated with scheduling appointments at salons and beauty professionals. Users can select their desired location and service, schedule appointments, and choose from various payment methods, including options for payment in the salon or through the app itself. The platform features over 200 service providers, allowing clients to discover new services while saving time and effort. Glamera also enhances the user experience by offering discounts and loyalty points through its payment gateways. The application operates in Egypt, Saudi Arabia, and the United Arab Emirates, making beauty services more accessible and convenient.

Hya Bioplastics

Pre Seed Round in 2021
Hya Bioplastics is a startup focused on producing biodegradable food packaging made from re-engineered plant fibers. The company utilizes proprietary decentralized manufacturing technology to create cost-competitive biodegradable solutions, aiming to provide sustainable alternatives to petroleum-derived plastics. Hya Bioplastics is also developing a patent-pending process that enhances the production of bioplastics from plant waste fibers, contributing to environmentally friendly packaging options.

MDaaS Global

Seed Round in 2021
MDaaS Global Corp. owns and operates diagnostic centers in clinically-underserved communities in Africa. Its diagnostic centers offer radiology, cardiology, and lab services. The company also offers SentinelX, that enables patients to track their health over time and easily access primary care both in-person and virtually. The company also retails, leases, installs, and maintains medical equipment for hospitals. It caters to the healthcare industry. The company was founded in 2016 and is based in Lagos, Nigeria with an additional office in Cambridge, Massachusetts.

TalentQL

Pre Seed Round in 2021
TalentQL hires, develops, and manages remote talent for companies globally. Its services include talent outsourcing, talent pipeline creation, and remote workforce management. The company was founded in 2020 and is based in Ile-Ife, Nigeria.

TalentQL

Pre Seed Round in 2021
TalentQL hires, develops, and manages remote talent for companies globally. Its services include talent outsourcing, talent pipeline creation, and remote workforce management. The company was founded in 2020 and is based in Ile-Ife, Nigeria.

Treepz

Pre Seed Round in 2021
Plentywaka is a premium public mass transit app that allows commuters to request pickups from their desired bus stops and get real-time information about their journey. Users can plan their journey through the app, get live updates of their buses and ride in safe, convenient and efficient a/c buses across different cities in Nigeria without having to worry about surge pricing.

Satis.ai

Pre Seed Round in 2020
Satis.ai develops a comprehensive operating system for autonomous restaurant kitchens, utilizing artificial intelligence to enhance decision-making and minimize errors. The company targets the substantial market of refunded orders in the EU and USA, estimated at approximately $3.4 billion, while aspiring to create automated kitchens for the broader $4 trillion global food service market. Satis.ai's technology leverages computer vision to address operational challenges in kitchen environments, including order accuracy, supply and inventory management, labor optimization, and compliance with hygiene standards. With proven technology and ongoing pilots with major global food chains, Satis.ai is positioned to drive innovation in a sector that has largely optimized its processes. Additionally, the company is part of the Nvidia Inception program and the Techstars Farm to Fork accelerator, collaborating with leading industry players such as Ecolabs and Cargill.

Rise Vest Technologies

Pre Seed Round in 2020
Unlocking Foreign Investment Opportunities For Africans We’re a technology-driven finance company connecting everyday Africans with the best dollar-denominated investment opportunities around the world.

Snapodds

Pre Seed Round in 2020
Problem: We share opinions, emotions, everything. The world is going social, but TV is left behind. We have proof that there is a strong desire to share what is on TV: A Facebook study has shown that for some sports events 82% of Instagram posts contain screenshots of TV. The behavior of sharing TV content is there, but the way of doing it is way too hard. People have to stand up in front of the screen and make photos with reflections and strange angles. But when people do go to this trouble, it creates a major problem for the media as rights holders. They lose control of their content. They lose the ability to monetize those moments. Solution: Snapscreen makes watching TV and its content socially shareable You simply open the browser (or app) on your phone, snap the TV screen (works perfectly from a long distance), that takes you to that exact moment in the broadcast/ stream, you reverse forward or backward to the moment you want to share, clip up to 30sec and share where you want all in high definition and perfect audio. The content clipped also has the ability to be top and tailed with graphics or pre/ post roll. Everything is measurable. Snapscreen is a B2C mobile web app in the US (launch Sep 2020 for the elections) and B2B component (SDK) that gets integrated into apps and websites of our customers in media.

Howler

Series B in 2020
Howler offers a powerful tech platform that event organisers use to optimise the planning, promotion, management and control of their events, and to create fault-free, frictionless, seamless guest experiences and ‘moments that matter’. Howler ACCESS offers end to end ticket handling, distribution, insurance and access & Howler LOADED enables cashless transactions; Howler DISCOVER allows event goers to find events they love, get through the door in a flash, and transact with a tap. The Howler team has years of event experience and a 100% operational track record at the biggest events in Africa including Ultra Music Festival, Rocking the Daisies, Rage Festival, Cape Town 10’s and many more.

Fliqpay

Pre Seed Round in 2020
Fliqpay develops a cross-border cryptocurrency based payment gateway platform for financial transactions. The company develops an online payment platform, Fliqpay, which enables businesses in Africa to receive bitcoin payment settlements through online mode in local currency. It also provides dashboard, refund management, application programming interface (API), integration, invoice, and settlement services. The company was founded in 2019 and is based in Lagos, Nigeria.

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.

TaTiO

Pre Seed Round in 2020
Skillset helps you make better, fairer, and more efficient hire decisions combining a technology solution with grounded theory and practice. Skillset replaces the traditional resume with an instant and fast online process that evaluates the parameters for predicting success, in which anyone can showcase his or her abilities without hiding behind a dull resume.

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.

Cowtribe

Seed Round in 2019
Cowtribe Technology Limited provides animal vaccine delivery services to farmers in Ghana. The company offers a mobile application for farmers that lets the to subscribe and provide all relevant animal information. It provides cloud based logistics management system that tracks the health statistics of each animal, remind the farmers when it is time for their animals to receive services, and manages delivery of vaccines to the farmers. Cowtribe Technology Limited was founded in 2016 and is based in Tamale, Ghana.

Wella Health

Pre Seed Round in 2019
Wellahealth is a startup that has developed a digital triage bot that provides guidance based on Nigeria Centre for Disease Control guidelines and logs responses for follow up by public health as needed.

MDaaS Global

Seed Round in 2019
MDaaS Global Corp. owns and operates diagnostic centers in clinically-underserved communities in Africa. Its diagnostic centers offer radiology, cardiology, and lab services. The company also offers SentinelX, that enables patients to track their health over time and easily access primary care both in-person and virtually. The company also retails, leases, installs, and maintains medical equipment for hospitals. It caters to the healthcare industry. The company was founded in 2016 and is based in Lagos, Nigeria with an additional office in Cambridge, Massachusetts.

Farmcrowdy

Seed Round in 2019
Farmcrowdy is an agric-tech platform that gives Nigerians the opportunity to participate in Agriculture by selecting the kind of farms they want to sponsor. They use the sponsor’s funds to secure the land, engage the farmer, plant the seeds, insure the farmers and farm produce, complete the full farming cycle, sell the harvest and then pay the farm sponsor a return on their sponsorship. While this farm process is ongoing, the farm sponsors are able to keep track of the full-cycle by getting updates in text, pictures and videos.

Holisto

Series A in 2019
Holisto is an online hotel booking platform that specializes in providing travelers with attractive deals by allowing them to split reservations into smaller units. This innovative approach enables customers to create customized packages rather than relying on fixed rates from traditional travel suppliers. By predicting the best combinations of available offers, Holisto helps users maximize their travel experiences while saving money. The platform is designed to enhance the overall booking process, making it more flexible and cost-effective for customers seeking unforgettable travel opportunities.

Eversend

Convertible Note in 2019
Eversend SAS, founded in 2017 and based in Paris, France, offers a multi-currency e-wallet application that enables users to send and receive money, buy cryptocurrency, create virtual cards, and purchase airtime. The platform leverages blockchain technology to provide a digital payment gateway, facilitating electronic money transfers to bank accounts and mobile payments while minimizing costs associated with fees and foreign exchange. In addition to its current services, Eversend plans to expand its offerings to include personal loans, savings, group savings, merchant payments, and investment options. The company aims to grow its presence in Nigeria, Francophone Africa, and Europe while utilizing funds for product development, user acquisition, and regulatory compliance.

Eversend

Pre Seed Round in 2019
Eversend SAS, founded in 2017 and based in Paris, France, offers a multi-currency e-wallet application that enables users to send and receive money, buy cryptocurrency, create virtual cards, and purchase airtime. The platform leverages blockchain technology to provide a digital payment gateway, facilitating electronic money transfers to bank accounts and mobile payments while minimizing costs associated with fees and foreign exchange. In addition to its current services, Eversend plans to expand its offerings to include personal loans, savings, group savings, merchant payments, and investment options. The company aims to grow its presence in Nigeria, Francophone Africa, and Europe while utilizing funds for product development, user acquisition, and regulatory compliance.

Eversend

Pre Seed Round in 2019
Eversend SAS, founded in 2017 and based in Paris, France, offers a multi-currency e-wallet application that enables users to send and receive money, buy cryptocurrency, create virtual cards, and purchase airtime. The platform leverages blockchain technology to provide a digital payment gateway, facilitating electronic money transfers to bank accounts and mobile payments while minimizing costs associated with fees and foreign exchange. In addition to its current services, Eversend plans to expand its offerings to include personal loans, savings, group savings, merchant payments, and investment options. The company aims to grow its presence in Nigeria, Francophone Africa, and Europe while utilizing funds for product development, user acquisition, and regulatory compliance.

Anyl

Pre Seed Round in 2019
Anyl specializes in passwordless authentication solutions for Internet of Things (IoT) devices, utilizing blockchain technology to enhance security. The company is developing a blockchain-agnostic embedded cryptocurrency wallet designed specifically for IoT applications. This innovative approach allows users to securely manage their key data without the need for traditional passwords, simplifying the login process while ensuring robust protection against unauthorized access. By integrating these advanced security features, Anyl aims to address the vulnerabilities associated with IoT devices, making them more user-friendly and secure.

KEA Medicals

Pre Seed Round in 2018
KEA Medicals aims to interconnect African hospitals through a single database in order to manage the whole patient medical information.

LayUp Technologies

Pre Seed Round in 2018
LayUp Technologies is a payment solution company.

MDaaS Global

Pre Seed Round in 2018
MDaaS Global Corp. owns and operates diagnostic centers in clinically-underserved communities in Africa. Its diagnostic centers offer radiology, cardiology, and lab services. The company also offers SentinelX, that enables patients to track their health over time and easily access primary care both in-person and virtually. The company also retails, leases, installs, and maintains medical equipment for hospitals. It caters to the healthcare industry. The company was founded in 2016 and is based in Lagos, Nigeria with an additional office in Cambridge, Massachusetts.

Mobius Motors

Series A in 2018
Mobius Motors Ltd. is a Kenyan company established in 2011, focused on designing, manufacturing, and selling vehicles tailored for the African mass market. The company specializes in producing affordable vehicles that cater to the unique needs of developing world consumers, particularly for transporting heavy cargo and facilitating public transport across rough and degraded terrains. By providing practical transportation solutions, Mobius Motors aims to enhance mobility in rural Africa, contributing to improved connectivity and prosperity in the region. The company is headquartered in Nairobi, Kenya.

Farmcrowdy

Seed Round in 2017
Farmcrowdy is an agric-tech platform that gives Nigerians the opportunity to participate in Agriculture by selecting the kind of farms they want to sponsor. They use the sponsor’s funds to secure the land, engage the farmer, plant the seeds, insure the farmers and farm produce, complete the full farming cycle, sell the harvest and then pay the farm sponsor a return on their sponsorship. While this farm process is ongoing, the farm sponsors are able to keep track of the full-cycle by getting updates in text, pictures and videos.

Eversend

Pre Seed Round in 2017
Eversend SAS, founded in 2017 and based in Paris, France, offers a multi-currency e-wallet application that enables users to send and receive money, buy cryptocurrency, create virtual cards, and purchase airtime. The platform leverages blockchain technology to provide a digital payment gateway, facilitating electronic money transfers to bank accounts and mobile payments while minimizing costs associated with fees and foreign exchange. In addition to its current services, Eversend plans to expand its offerings to include personal loans, savings, group savings, merchant payments, and investment options. The company aims to grow its presence in Nigeria, Francophone Africa, and Europe while utilizing funds for product development, user acquisition, and regulatory compliance.

Sun Exchange

Seed Round in 2017
The Sun Exchange operates an innovative online platform that connects individuals with opportunities to own and lease solar equipment to various end-users, including hospitals, factories, and schools in South Africa. Founded in 2015 and based in Cape Town, the company serves as a pioneer in the peer-to-peer solar leasing market. By allowing users worldwide to purchase solar cells and lease them remotely, Sun Exchange facilitates access to affordable clean energy in emerging markets. This model not only provides solar cell owners with income generated from electricity production but also helps organizations reduce their energy costs and carbon footprints. The platform utilizes blockchain technology to streamline transactions, enhancing transparency and efficiency in the solar leasing process. Through its efforts, Sun Exchange aims to promote sustainable energy development and broaden the environmental, social, and economic benefits of solar energy.

HydroIQ

Seed Round in 2017
Hydrologistics Africa is a Technology company providing innovative water distribution network connecting Water Utilities companies and Water Consumers via Online platform increasing efficiency in Water use,Quality,Consumption, leakage detection with sensors relaying information through Data Analytics enabling real-time water information and Mobile money payments.

Farmcrowdy

Pre Seed Round in 2017
Farmcrowdy is an agric-tech platform that gives Nigerians the opportunity to participate in Agriculture by selecting the kind of farms they want to sponsor. They use the sponsor’s funds to secure the land, engage the farmer, plant the seeds, insure the farmers and farm produce, complete the full farming cycle, sell the harvest and then pay the farm sponsor a return on their sponsorship. While this farm process is ongoing, the farm sponsors are able to keep track of the full-cycle by getting updates in text, pictures and videos.

Omnio

Pre Seed Round in 2017
Omnio, Inc. is a financial services provider that caters to banks, credit unions, airlines, and retailers with a range of digital solutions. Founded in 2018 and headquartered in London, the company specializes in banking-as-a-service offerings, including digital banking, managed services, digital payments, and application solutions. Notably, Omnio incorporates Domec's loyalty platform and Sercle, a prominent credit union platform in the UK that supports over 130 small financial institutions. The company's cloud-based digital platform enables businesses to deliver reliable banking and payment services tailored to meet the evolving needs of their customers. With a presence in Europe, Australia, North America, and Africa, Omnio collaborates with various global enterprises and government organizations to provide innovative financial products.

OffGridBox

Funding Round in 2017
OffGridBox is a modular and compact unit that provides renewable energy and clean water in remote areas and developing countries. Their OffGridBox™, an all-in-one system, fits entirely inside a 6x6x6 feet shipping container and is equipped with all the hardware needed to produce electricity and clean water. This innovative technology is a solution for more than 2 billion people worldwide that need energy and clean water on a daily basis. One unit potentially managed by a local women co-op in a Rwandese village can impact up to 300 families (circa 1500 people) providing Tier 1 electricity and sterilized water. They deployed 38 units in 9 Countries (Italy, South Africa, Rwanda, Nigeria, Philippines, Madagascar, US and Colombia) for different segments: humanitarian, household retail, service to industry. These units have operated more than 400,000 working hours.

Byte Money

Seed Round in 2017
Byte Money engages in the receipting and allocation of funeral policies using a mobile point of sale (POS) terminal and a pay your premium platform. The company electronically collects cash premiums and performs cash ups; and provides service and support. It also services/repairs and replaces POS terminals in South Africa. The company serves funeral parlors, administrators/underwriters, software providers, and policy holders. Byte Money was founded in 2008 and is based in Johannesburg, South Africa.

Sun Exchange

Pre Seed Round in 2017
The Sun Exchange operates an innovative online platform that connects individuals with opportunities to own and lease solar equipment to various end-users, including hospitals, factories, and schools in South Africa. Founded in 2015 and based in Cape Town, the company serves as a pioneer in the peer-to-peer solar leasing market. By allowing users worldwide to purchase solar cells and lease them remotely, Sun Exchange facilitates access to affordable clean energy in emerging markets. This model not only provides solar cell owners with income generated from electricity production but also helps organizations reduce their energy costs and carbon footprints. The platform utilizes blockchain technology to streamline transactions, enhancing transparency and efficiency in the solar leasing process. Through its efforts, Sun Exchange aims to promote sustainable energy development and broaden the environmental, social, and economic benefits of solar energy.

Howler

Seed Round in 2017
Howler offers a powerful tech platform that event organisers use to optimise the planning, promotion, management and control of their events, and to create fault-free, frictionless, seamless guest experiences and ‘moments that matter’. Howler ACCESS offers end to end ticket handling, distribution, insurance and access & Howler LOADED enables cashless transactions; Howler DISCOVER allows event goers to find events they love, get through the door in a flash, and transact with a tap. The Howler team has years of event experience and a 100% operational track record at the biggest events in Africa including Ultra Music Festival, Rocking the Daisies, Rage Festival, Cape Town 10’s and many more.

LayUp Technologies

Pre Seed Round in 2017
LayUp Technologies is a payment solution company.

Flexpay

Seed Round in 2017
Flexpay Technologies is a company that offers an automated platform to enable merchants and their customers manage flexible payments for both goods and services across mobile money and bank transfer platforms. Flexpay helps you break down your payments for purchases into smaller chunks that you can pay over a period of time.

Spatialedge

Seed Round in 2017
Spatialedge is a company that assists large corporations in developing and implementing effective data strategies. It operates a data-driven business intelligence platform designed to create business value by utilizing an AI toolkit based on machine intelligence. This toolkit helps organizations organize their data, conduct proofs-of-concept to establish business cases, and offers various models, integrations, and applications. By enabling companies to integrate and manage data at scale, Spatialedge empowers them to make informed decisions that drive operational efficiency and strategic growth.

FomoTravel

Funding Round in 2017
FOMO Travel is an online lay-buy platform where one can pay a small deposit towards a travel goal and along the way, pay instalments. It helps individuals, families and groups to avoid all interest and debt whilst simultaneously allowing friends and family to contribute towards the traveler's goal. FOMO has formed an operational partnership with the Singer Group as well as a direct partnership with SA Tourism. FOMO has also signed and is in the process of finalising a POC/Campaign with Absa. FOMO has also been in various media articles (City Press, Fin24 etc.) as well as radio stations (SAFM, Cape Talk etc.)

FomoTravel

Seed Round in 2017
FOMO Travel is an online lay-buy platform where one can pay a small deposit towards a travel goal and along the way, pay instalments. It helps individuals, families and groups to avoid all interest and debt whilst simultaneously allowing friends and family to contribute towards the traveler's goal. FOMO has formed an operational partnership with the Singer Group as well as a direct partnership with SA Tourism. FOMO has also signed and is in the process of finalising a POC/Campaign with Absa. FOMO has also been in various media articles (City Press, Fin24 etc.) as well as radio stations (SAFM, Cape Talk etc.)

OffGridBox

Seed Round in 2017
OffGridBox is a modular and compact unit that provides renewable energy and clean water in remote areas and developing countries. Their OffGridBox™, an all-in-one system, fits entirely inside a 6x6x6 feet shipping container and is equipped with all the hardware needed to produce electricity and clean water. This innovative technology is a solution for more than 2 billion people worldwide that need energy and clean water on a daily basis. One unit potentially managed by a local women co-op in a Rwandese village can impact up to 300 families (circa 1500 people) providing Tier 1 electricity and sterilized water. They deployed 38 units in 9 Countries (Italy, South Africa, Rwanda, Nigeria, Philippines, Madagascar, US and Colombia) for different segments: humanitarian, household retail, service to industry. These units have operated more than 400,000 working hours.

OffGridBox

Pre Seed Round in 2017
OffGridBox is a modular and compact unit that provides renewable energy and clean water in remote areas and developing countries. Their OffGridBox™, an all-in-one system, fits entirely inside a 6x6x6 feet shipping container and is equipped with all the hardware needed to produce electricity and clean water. This innovative technology is a solution for more than 2 billion people worldwide that need energy and clean water on a daily basis. One unit potentially managed by a local women co-op in a Rwandese village can impact up to 300 families (circa 1500 people) providing Tier 1 electricity and sterilized water. They deployed 38 units in 9 Countries (Italy, South Africa, Rwanda, Nigeria, Philippines, Madagascar, US and Colombia) for different segments: humanitarian, household retail, service to industry. These units have operated more than 400,000 working hours.

Jamii Africa

Seed Round in 2016
Jamii Africa is mobile micro-health insurance for the informal sector. They built a mobile policy management platform that performs 99% of insurance administration activities and formed strategic partnerships with an Insurer/ Jubilee Insurance and a Telecom/ Vodacom Tanzania to enable a cashless facility and utilise the mobile money platforms for premium collection and benefit payouts. Their platform manages the benefit ledger and is integrated to mobile money and insurer systems. Enabling us to cut down administration costs by 99% which results to cheaper premiums affordable to their target market.

Asoriba

Seed Round in 2016
Asoriba Inc. develops a Web based church management software solution. Its church management software allows administrators to capture detailed church member information, and leader and church operations; and members to give tithes, offerings, and pledges to the church. The company also develops a mobile application that enables church members to receive devotionals, sermons, event notices, and other relevant information, as well as to send prayer requests to their pastor. Asoriba Inc. was founded in 2014 and is headquartered in Accra, Ghana.

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.

Jamii Africa

Seed Round in 2016
Jamii Africa is mobile micro-health insurance for the informal sector. They built a mobile policy management platform that performs 99% of insurance administration activities and formed strategic partnerships with an Insurer/ Jubilee Insurance and a Telecom/ Vodacom Tanzania to enable a cashless facility and utilise the mobile money platforms for premium collection and benefit payouts. Their platform manages the benefit ledger and is integrated to mobile money and insurer systems. Enabling us to cut down administration costs by 99% which results to cheaper premiums affordable to their target market.

WizzPass

Seed Round in 2016
WizzPass is a complete and flexible visitor management system that can be easily customized to suit the exact needs of any building or facility. WizzPass provides a variety of Visitor Management solutions for stand-alone corporate offices, industrial & manufacturing facilities, mines, depots and refineries, as well as multi-tenant office buildings, office parks and residential estates. WizzPass is focused on removing and improving upon the frustrating, insecure and outdated paper and manual systems that we are often still exposed to on a day-to-day basis. The WizzPass Visitor Management System revolutionizes the experience, convenience, security and safety of visitors to offices and other types buildings – to create a much improved environment and way that businesses, visitors, contractors, employees and clients interact.

SimbaPay

Seed Round in 2016
SimbaPay provides a B2B SaaS solution to banks and Telcos/Mobile Money companies in Africa. The SimbaPay B2B solution won Best B2B solution at RemTech 2018. SimbaPay's technology enables customers of these banks and telcos to send money abroad using mobile money or e-banking. Through the use of its award winning chatbot, customers without Internet access are also able to access the service. Money sent abroad via SimbaPay is delivered electronically direct to mobile wallets or bank accounts in the destination countries. SimbaPay headquartered in London and is licensed and regulated by the FCA.

iNuka Pap

Seed Round in 2016
iNuka Pap Limited operates a mobile platform that partners with savings and credit co-operatives (SACCOs) in Africa to provide members access to instant loans. The company was founded in 2014 and is headquartered in Nairobi, Kenya.

Beyonic

Seed Round in 2016
Beyonic offers businesses a suite of cutting-edge digital payment services. The Beyonic platform is a simple and universal two-way payment management solution; it gives its customers access to 26 mobile payment networks and more than 20 banks in nine different countries, all centrally. For the past seven years, Beyonic has specialized in providing dematerialized payment solutions for managing personal projects and corporate budgets, such as payroll, change, communication credit, debt collection. payment and disbursement of corporate funds of any size or type.

tech4farmers

Seed Round in 2016
tech4farmers provides farmers with real-time access to market information. Through its services, the company helps farmers sell their produce as well as receive other critical knowledge and information about how to manage their business. tech4farmers’ core business includes the operation of an electronic warehouse receipt system and an electronic commodity exchange. It was founded by Dennis Ndongyereye and Deogratious Afimani in 2014. tech4farmers is based in Kampala, Uganda.

Social Lender

Seed Round in 2016
Social Lender is a lending solution based on social reputation on mobile, online and social media platforms.

MAX

Venture Round in 2016
Metro Africa Xpress, also known as MAX.ng, is a Lagos-based company that specializes in on-demand package pickup and delivery services. Incorporated in 2015, MAX.ng offers various delivery options including same day, three-hour, and next day services. The company addresses last-mile delivery challenges by utilizing mobile and web platforms to connect consumers, retail businesses, and independent drivers in real-time. By streamlining logistics and leveraging technology, MAX.ng aims to enhance the capabilities of retail businesses in Africa, facilitating growth and improving service delivery in the region. Additionally, the company provides a mobile application that integrates delivery services with ride-hailing options, further enhancing convenience for its users.

Bamba

Seed Round in 2016
Bamba Corp. is an online data collection platform based in Nairobi, Kenya, founded in 2012. The company specializes in facilitating data gathering for various sectors, including market research, education, health, government, infrastructure, and retail. Bamba allows organizations to conduct surveys and collect insights from users worldwide through its cloud-based platform, which can be accessed easily via web browsers. This innovative approach addresses the inefficiencies of traditional paper-based data collection methods, which are often costly and time-consuming. Bamba enhances response rates by incentivizing participants with mobile airtime, available in 122 countries. By leveraging data from SMS, web, and social media, Bamba provides businesses with cost-effective and high-quality consumer insights, enabling them to better understand and reach their target markets.

dopay

Seed Round in 2016
dopay is a cloud-based payroll and cash management service that aims to address the challenges faced by companies with unbanked employees. With approximately 2 billion people globally lacking bank accounts, many businesses struggle with handling large volumes of cash for salary payments. dopay provides a solution by enabling employers to electronically calculate and disburse salaries through its platform. Employees receive a DoPay card and app, which offer a comprehensive banking experience, facilitating cashless transactions. The company has partnered with Barclays to deliver payroll services to various multinationals, embassies, and local enterprises in Egypt, with plans to expand into other regions that are predominantly unbanked.

Wala

Pre Seed Round in 2016
Wala has built a community-driven and gamified personal financial management tool for cash-based consumers in emerging markets. The product allows users to easily track their spending and earning to develop a financial profile for a customer that currently does not have one. The app then uses that profile to set weekly financial and engagement goals which improve the consumers spending and savings. As users continue to engage with the app by logging their transactions and reaching their goals they will be awarded points which can be redeemed for cash, data, and other rewards. Through the app the user will then be able to sign-up and access financial products like deposit accounts, payments, and more.

Wala

Seed Round in 2016
Wala has built a community-driven and gamified personal financial management tool for cash-based consumers in emerging markets. The product allows users to easily track their spending and earning to develop a financial profile for a customer that currently does not have one. The app then uses that profile to set weekly financial and engagement goals which improve the consumers spending and savings. As users continue to engage with the app by logging their transactions and reaching their goals they will be awarded points which can be redeemed for cash, data, and other rewards. Through the app the user will then be able to sign-up and access financial products like deposit accounts, payments, and more.

MAX

Seed Round in 2015
Metro Africa Xpress, also known as MAX.ng, is a Lagos-based company that specializes in on-demand package pickup and delivery services. Incorporated in 2015, MAX.ng offers various delivery options including same day, three-hour, and next day services. The company addresses last-mile delivery challenges by utilizing mobile and web platforms to connect consumers, retail businesses, and independent drivers in real-time. By streamlining logistics and leveraging technology, MAX.ng aims to enhance the capabilities of retail businesses in Africa, facilitating growth and improving service delivery in the region. Additionally, the company provides a mobile application that integrates delivery services with ride-hailing options, further enhancing convenience for its users.

Hot Hotels

Seed Round in 2015
Hot is a last minute Hotel Booking App that offers deep discounts on same day hotel rooms. The App is currently available for iPhone, Android and Blackberry. For smartphone users, this is a quick, reliable and economic way to find a place to stay at short notice. For Hotels, this is great way to find last minute customers for unsold hotel rooms. Hot´s ambition is to provide a hotel for same day smartphone booking in every city in the world. Currently there are hotels available in 23 Countries and 167 cities. Locations are in Europe, Africa, the Middle East, and Latin America. Founded in December 2011, the company is headquartered in Spain and remains fully owned by the company's founders.

dopay

Seed Round in 2015
dopay is a cloud-based payroll and cash management service that aims to address the challenges faced by companies with unbanked employees. With approximately 2 billion people globally lacking bank accounts, many businesses struggle with handling large volumes of cash for salary payments. dopay provides a solution by enabling employers to electronically calculate and disburse salaries through its platform. Employees receive a DoPay card and app, which offer a comprehensive banking experience, facilitating cashless transactions. The company has partnered with Barclays to deliver payroll services to various multinationals, embassies, and local enterprises in Egypt, with plans to expand into other regions that are predominantly unbanked.

dopay

Seed Round in 2014
dopay is a cloud-based payroll and cash management service that aims to address the challenges faced by companies with unbanked employees. With approximately 2 billion people globally lacking bank accounts, many businesses struggle with handling large volumes of cash for salary payments. dopay provides a solution by enabling employers to electronically calculate and disburse salaries through its platform. Employees receive a DoPay card and app, which offer a comprehensive banking experience, facilitating cashless transactions. The company has partnered with Barclays to deliver payroll services to various multinationals, embassies, and local enterprises in Egypt, with plans to expand into other regions that are predominantly unbanked.

Gust Pay

Seed Round in 2014
Gust Pay (Pty) Ltd. provides an application for mobile payment using iPhone and Android. It also offers cashless events services and allows users to pay for goods at selected stores by connecting through WiFi. The company is based in Cape Town, South Africa.

Mobius Motors

Pre Seed Round in 2013
Mobius Motors Ltd. is a Kenyan company established in 2011, focused on designing, manufacturing, and selling vehicles tailored for the African mass market. The company specializes in producing affordable vehicles that cater to the unique needs of developing world consumers, particularly for transporting heavy cargo and facilitating public transport across rough and degraded terrains. By providing practical transportation solutions, Mobius Motors aims to enhance mobility in rural Africa, contributing to improved connectivity and prosperity in the region. The company is headquartered in Nairobi, Kenya.

Remitly

Seed Round in 2012
Remitly Global, Inc. is a digital remittance company that facilitates international money transfers through its extensive global network, serving regions such as Africa, Asia, Central Europe, and South America. The company offers a mobile payment service that allows users to send money from the United States, Canada, and the United Kingdom using various digital devices. Remitly aims to disrupt the traditional money transfer industry, which is valued at $588 billion annually, by employing advanced technology to streamline the process and reduce fees. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., generating revenue primarily from transaction fees and foreign exchange spreads. Founded in 2011 and headquartered in Seattle, Washington, Remitly also maintains offices in London, Manila, and Nicaragua.