Ventures Platform

Ventures Platform Fund is a discovery fund that invests early in mission-driven founders that are building capital-efficient platforms that democratise prosperity, plug infrastructural gaps, connect underrepresented communities, solve for non-consumption, and improve livelihoods in Africa.

Past deals in Sub Saharan Africa

Fez

Seed Round in 2023
Fez will commit to selling peace to customers —sender and recipient. Delivering the package is their duty; making it stress-free is why they do it.

SunFi

Seed Round in 2023
Developer of an energy financial technology platform designed to provide information on payment plans for solar installations. The company's platform helps to provide personalized payment plans, installation support, after-sale service, and a wide range of repayment plans along with a tracker for schedules and invoice downloads, enabling users to access payment structures that match their needs.

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.

PressOne

Pre Seed Round in 2022
PressOne is a voice communication platform. They provide services that include business phone number, central phone number, customer retention, small business phone system, employee closed user group, call management, and voice over IP.

Fluna

Pre Seed Round in 2022
Fluna is a B2B managed marketplace that connects high-growth exporters to key global buyers.

Traction Apps

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

Brass

Seed Round in 2021
Brass is a digital bank that provides small and medium businesses with a suite of products and tools designed to help them grow.

HoneyCoin

Pre Seed Round in 2021
HoneyCoin is a cryptographic payment and monetization platform. They make peer-to-peer transactions and connect with users' friends and family from anywhere at anytime. They send and receive payments instantly.

Pivo

Pre Seed Round in 2021
Pivo is a financial hub that allows small & medium businesses across Africa access to all the financial services they need in one place.

Union54

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

Bloc

Pre Seed Round in 2021
Bloc is a FinTech and Banking as a Service infrastructure provider.

Traction Apps

Pre Seed Round in 2021
Traction Apps is a developer of a financial platform meant to take payments from small businesses. The platform of the company provides all of the tools required for monitoring sales, sending invoices, receiving payments, maintaining inventory, and allowing retailers to access financing for expansion in order to manage their businesses.

OmniBiz

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

Kloud Commerce

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

Sudo

Pre Seed Round in 2021
Sudo is an API platform that allows developers to issue physical and virtual cards at scale with greater control and flexibility. The company was founded in 2020 and is based in Barnawa, Kaduna.

Engage

Pre Seed Round in 2021
Engage is a customer messaging platform that allows users to reach target audiences to support business growth and retention on the Internet. Engage enables businesses to segment consumers by attributes (such as gender, location, plan, age, and more) and actions (such as an abandoned cart, the use of data bandwidth, cancelled subscription, submitted feedback ), and subsequently, send a message to these specific segments or send regular automated messages to enable them to complete an action, earn a reward or get feedback.

Mono

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

MarketForce

Seed Round in 2020
MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently, access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform.

Rise Vest Technologies

Pre Seed Round in 2020
Rise Vest Technologies is a technology-driven finance company connecting everyday dollar-denominated investment opportunities.

FunnelJoy

Seed Round in 2020
FunnelJoy is an all-in-one tool designed for digital entrepreneurs, marketers, and creators to help them capture, convert and engage leads and sell products online.

Tambua Health

Seed Round in 2020
Tambua Health uses lung sound analysis to transform the diagnosis and treatment of respiratory diseases. The company offers precise, non-invasive, and radiation-free lung imaging and lung function testing using acoustic technology. The company was founded in 2018 by Daniel Gathigai and Lewis Wanjohi.

Prunedge

Grant in 2020
Prunedge is a technology company that develops innovative solutions that improve the efficiency of processes, the livelihood of people, and aid decision making within organizations. We actively work to put a smile on people's faces by showing them the immense benefits of technology and delivering impact-focused and outstanding solutions and inventions. We exist to innovate and create affordable technological solutions that solve day to day human problems by increasing the efficiency of systems and processes within the social, commercial, and public sector space

Wella Health

Grant in 2020
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.

Infodemics

Grant in 2020
Infodemics is a web-based platform that harnesses technological prowess to disseminate real-time information, advice, and opinions (via Unstructured Supplementary Service Data and Interactive Voice Response) between experts and people facing threats to their health, economic or social well-being irrespective of their location and social status.

My Service Agent

Grant in 2020
MyServiceAgent is an artificial intelligence (AI) powered intelligent IVR system that can communicate with hundreds to thousands of callers simultaneously and intelligently and disseminate correct information from the Nigeria Centre for Disease Control as well as pass on the data to the NCDC to act on swiftly.

Innover Technologies

Grant in 2020
Innover Technologies is a full-service ICT company that provides ICT-based solutions to public and private organizations. We offer a wide range of services which include: - mobile app development, enterprise web portals, technology consulting, and new media communications.

Wellvis

Grant in 2020
Wellvis is a telehealth platform for the general public (i.e anyone with an internet-enabled phone or a smartphone) to discuss health-related issues and share quality health information verified by the health workers on the platform. It will also connect various patients (and/or their caregivers) with chronic illnesses via the SUPPORT GROUP link. Paid consultations via IM or voice/video calls with healthcare professionals will also available.

iQube Labs

Grant in 2020
iQube Labs is a software company. They offer services that include r&d, software services, software development, and telecom VAS.

SEND

Seed Round in 2019
SEND is a digital freight forwarder and customs broker. We manage the entire process of shipping air and container cargo including customs clearance and final trucking to warehouse or customers.

SeamlessHR

Seed Round in 2019
SeamlessHR is building Africa’s first enterprise-grade, cloud-based HR platform. SeamlessHR’s end-to-end suite helps medium to large-sized companies automate and optimise their entire HR process from recruitment to retirement. SeamlessHR also offers organisations with embedded finance solutions to provide financial security for employers and employees. The SeamlessHR product suite includes a Recruitment Management System, HRIS, Performance and Competency Management, Payroll Management, Leave Management, HR Analytics and several other modules.

Gradely.ng

Seed Round in 2019
Gradely is using analytics and data-driven recommendations to help schools and parents intervene in real-time to children’s learning gaps. Through weekly adaptive homework tests taken on the web or mobile device, Gradely is able to tell how much of a topic a child understands and recommend specific practice sets, remedial videos or tutoring. Gradely assists teachers with pre-set questions (Math subject only for now) that are marked by difficulty level and are aligned with WASCCE (African equivalent of SAT) and Cambridge curriculum topics. Teachers set up homework in 2-5 minutes and set deadlines for students. Students take homework at home or any location of choice, and the product shows progress reports to teachers, parents and schools. To really capture how well they are learning over time, the system keeps on stringing former topic questions of increasing difficulty that have not been mastered with new topic questions, all on auto-mode.

MDaaS Global

Seed Round in 2018
MDaaS Global operates tech-enabled diagnostic centers in clinically-underserved communities. MDaaS Global connects low-income and middle-income patients with modern, convenient, and affordable diagnostic services, helping patients to identify health issues earlier, gain access to medical specialists and treatment options, and ultimately, live healthier, happier lives.

Gerocare

Pre Seed Round in 2017
GeroCare leverages technology and traditional family values of adult children caring for their parents to provide a home-based structure for eldercare in the communities where it has operated for five years. Its cloud-based platform makes it extremely easy for Africans within and outside their home countries to subscribe for regular doctor home visits and home medical care for their parents through the GeroCare application. This process of enrolment initiates the matching of the parents and/or elderly loved ones to a doctor who is in proximity and who will ensure monthly physical doctor visits take place in the home or any convenient location. The application provides appropriately worded reports on each visit by a GeroCare doctor and the adult child who makes the payments (and any other whitelisted members of the family) receives regular information as to the health status of their parents and/or elderly loved ones with their consent. In addition, the family can pay for any required tests and drugs via the app for direct delivery to the beneficiary. This solution is cloud-based and co-location of service providers or systems support staff is not required but can be facilitated through technology (for example getting a second physician to co-review a case, laboratory investigations, and any other non-doctor consultation care that may be needed). The elderly beneficiaries themselves do not need an internet-enabled device to access this service as their communication with the doctor to schedule his visits are primarily by phone call however every other health provider participating in the care is connected to the GeroCare software. This system is easily scalable and replicable across medical specialties (apart from primary health care), cities, and even across countries; delivering hospitals without buildings and disrupting medical service delivery as we know it, such that just by interacting with your doctor at home every other thing you need can be delivered to your home.

RelianceHMO

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

wifi.com.ng

Non Equity Assistance in 2017
TIZETI (wifi.com.ng) has been deploying high speed internet access to estates, offices, multi-tenant building using next generation wi-Fi technology. They deploy unlimited internet to residential and business customers which allow customers get the full benefit of the internet with no data or time caps. They also offer VOIP and Video on Demand services.

Tizeti

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

Lastprice

Seed Round in 2017
Lastprice is a convenient website to buy and sell used/new fashion items at the lowest price possible. At Last Price, they create a new life & propose value for used clothing items. Their goal is to re-brand your idea of “thrift”, and their unbelievable collections of everyday items will help you find anything you need at the lowest Last price possible.

Gerocare

Seed Round in 2017
GeroCare leverages technology and traditional family values of adult children caring for their parents to provide a home-based structure for eldercare in the communities where it has operated for five years. Its cloud-based platform makes it extremely easy for Africans within and outside their home countries to subscribe for regular doctor home visits and home medical care for their parents through the GeroCare application. This process of enrolment initiates the matching of the parents and/or elderly loved ones to a doctor who is in proximity and who will ensure monthly physical doctor visits take place in the home or any convenient location. The application provides appropriately worded reports on each visit by a GeroCare doctor and the adult child who makes the payments (and any other whitelisted members of the family) receives regular information as to the health status of their parents and/or elderly loved ones with their consent. In addition, the family can pay for any required tests and drugs via the app for direct delivery to the beneficiary. This solution is cloud-based and co-location of service providers or systems support staff is not required but can be facilitated through technology (for example getting a second physician to co-review a case, laboratory investigations, and any other non-doctor consultation care that may be needed). The elderly beneficiaries themselves do not need an internet-enabled device to access this service as their communication with the doctor to schedule his visits are primarily by phone call however every other health provider participating in the care is connected to the GeroCare software. This system is easily scalable and replicable across medical specialties (apart from primary health care), cities, and even across countries; delivering hospitals without buildings and disrupting medical service delivery as we know it, such that just by interacting with your doctor at home every other thing you need can be delivered to your home.

myPadi

Seed Round in 2017
MyPadi.ng is Nigeria’s #1 go-to platform for finding off-campus hostels and roommates.

VIVA

Seed Round in 2017
Today's passengers want to be entertained on their trip. Gone are the days where you could just play music on the trip and cross your fingers that passengers enjoyed it. The experience must be personalized. VIVA comes to the rescue. their wifi entertainment platform puts the freedom of choice in the hands of those that matter ... your passengers. They install and ensure the maintenance of their award winning service so you can focus on your job.

ThriveAgric

Pre Seed Round in 2017
Thrive Agric is an agricultural technology providing access to finance, premium markets, and data-driven advisory for smallholder farmers. We fondly call ourselves Farmily and at our core, we are a technology-driven and agribusiness startup connecting farmers with access to finance, premium markets and passionate about ensuring global food security and democratising agricultural participation. We drive digital participation by crowdfunding through our online platform; thriveagric.com and use these funds to engage farmers with quality inputs, agricultural expertise, process automation, and machinery, with the promise of decent returns to our subscribers and the farmers at the end of each farming cycle. One farmer at a time, our big vision is to build an Africa that feeds the world and itself. How do we plan to achieve this? Empower African Farmers by lowering barriers to accessing Capital and financial services, data driven best practices and technology to improve yield as well as access to local and global markets for their produce with established offtaker relationships like Flour Mills of Nigeria, Dangote Foods, Nestle, Stallion Rice, Grand Cereal, Amo Byng, and a lot more others. We offer farm investment opportunities that create big impact with our farmers and makes you a profit. Need High yield and guaranteed investments that positively affects the lives of rural farmers? there is no better place to look but thriveagric.com Backed by Telefonica’s Wayra, Ventures platform, Ycombinator and Google’s Launchpad, we are on a mission to create a prosperous and economically resilent Africa powered by Agriculture.

Printivo

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

Kudi

Seed Round in 2017
KUDI is a financial service provider focused on providing access to electronic banking and financial services by leveraging conversational interfaces, natural language processing and artificial intelligence to provider faster access, frictionless experience, and ultimately boost financial inclusion in emerging markets. KUDI is enabling secured financial transactions via Facebook, Telegram, Slack and Skype. KUDI's focus is the African market with a primary focus on the Nigerian Payment ecosystem and the company does this in partnership with e-payment regulators, a leading commercial bank, and an international payment processor.

Paystack

Seed Round in 2016
Paystack lets businesses in Africa accept payments by anyone, anywhere in the world via credit card, debit card, money transfer, and mobile money on their websites or mobile apps. It specializes in the fields of financial services, the internet, and payments. The company was founded in 2015 and headquartered in Ikeja, Lagos.

Proteach

Seed Round in 2016
proteach offers the best professional home and school tutors services in nigeria. One-to-one learning works. They’ve believed that from day one. But they also knew it would work better if it were accessible, affordable, and more convenient for everyone. They make it easier to connect people who need to know with the experts that can teach them. And they continue to change the way people think about education in the process.

Wesabi

Seed Round in 2016
Wesabi facilitates an online platform that enables individuals to find and obtain services of local workers and artisans for their residential or commercial property development. It enables them to obtain services in plumbing, carpentry, AC repair, electrical, home cleaning, laundry, tiling, and painting. Wesabi connects workers and artisans according to the specifications and requirements that were expressed in the form which was filled by its customers. The company will refund money if their customers are not satisfied with the job. Wesabi was founded in 2015 and is headquartered in Lagos, Nigeria.

Proteach

Seed Round in 2016
proteach offers the best professional home and school tutors services in nigeria. One-to-one learning works. They’ve believed that from day one. But they also knew it would work better if it were accessible, affordable, and more convenient for everyone. They make it easier to connect people who need to know with the experts that can teach them. And they continue to change the way people think about education in the process.

PayConnect

Seed Round in 2016
PayConnect is an innovative Online Lending Platform that provides quick loans to salary earners within 24hrs of application. The application process is easy and seamless. Loans on PayConnect does not require Collateral. Applicants receive loan amount directly into their salary accounts after approval, and are expected to repay after the stipulated tenure. Their team has over 20 years of combined experience in banking and risk management.They are determined to tackle what they consider a critical issue of lending to Low and medium Salary Earners in conventional Banking Environment.

Paystack

Non Equity Assistance in 2016
Paystack lets businesses in Africa accept payments by anyone, anywhere in the world via credit card, debit card, money transfer, and mobile money on their websites or mobile apps. It specializes in the fields of financial services, the internet, and payments. The company was founded in 2015 and headquartered in Ikeja, Lagos.

Cobuildit

Seed Round in 2016
CoBuildIT is a project management company focused on helping everyday people to realize their dream of owning a high quality home at the lowest possible price. Their belief in the power of shared dreams convinces us that when people come together, and pool their resources, they dramatically increase their ability to succeed at any endeavour. Their strategy therefore leverages this power of shared dreams. They do this by providing a framework that brings people together to develop high quality housing projects at dramatically reduced cost. Their framework and project management process ensures that the home buyer retains control of the project, and eliminates several profiteers along the value chain, thereby guaranteeing the lowest cost possible.

Makers Academy

Non Equity Assistance in 2016
Makers Academy is grooming Africa's next generation of bold, innovative problem solver.
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