Uncovered Fund

Mecho is an on-demand auto repair and maintenance platform tailored for individuals and businesses in Africa. The platform facilitates the registration and scheduling of maintenance services, connecting customers with a network of certified mechanics and automobile technicians. By offering seamless access to vehicle maintenance, inspection, and repair services, Mecho aims to enhance the automotive service experience for its users.

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

Bettr is a digital banking platform founded by a group of creative entrepreneurs and fintech veterans, aimed at transforming the financial landscape for South African youth. The company addresses the lack of access to essential financial products for young individuals, providing them with the tools and confidence to manage their finances effectively. Bettr's platform allows users to open online accounts, obtain cards, and engage in virtual banking without incurring transaction fees. It focuses on nurturing users' financial worth by offering efficient technology and resources for transacting, saving, borrowing, and insuring. The company operates with a founder-funded and angel-backed model, fostering a community of creators who are collectively working to redefine the culture of money in Africa.

Thepeer is a technology infrastructure company that facilitates cross-business transactions by connecting digital wallets across various sectors, including mobile money and banking. Its online platform provides a seamless experience for customers by allowing them to perform transactions and direct charges from their platform to any business wallet. Thepeer also offers robust application programming interfaces (APIs) for developers, enabling businesses to implement efficient and direct transaction capabilities across different platforms. The company's solutions aim to enhance the transaction process, making it faster and more accessible for both businesses and their customers.

Terminal Africa is a delivery aggregator platform that facilitates the efficient sending and receiving of products worldwide. By partnering with a range of local and international courier services, the company streamlines the delivery process. When a request is made, Terminal Africa transmits the relevant information directly to the selected delivery partner, allowing both individuals and businesses to execute shipments quickly and effectively. Additionally, the company offers eCommerce, logistics, and payment solutions, aiming to simplify operations for entrepreneurs.

Badili is a Nairobi-based company established in 2021 that specializes in the buying and selling of used and refurbished mobile phones. The company operates a re-commerce platform aimed at making affordable, high-quality used phones accessible to a broad audience. By providing a diverse selection of renewed mobile devices, Badili enables customers to save money while also contributing to the reduction of electronic waste by extending the life cycle of used phones.

ImaliPay is a financial health platform that focuses on providing tailored financial products specifically for freelancers and blue-collar gig workers. By collaborating with various gig platforms, ImaliPay aims to create a supportive ecosystem that enables gig workers to establish a financial safety net around their employment. The company's offerings include accessible savings options and transparent financing solutions designed to enhance productivity and promote economic empowerment. Through these initiatives, ImaliPay seeks to improve the financial well-being of workers and freelancers, helping them achieve greater financial health and stability in an evolving gig economy.

CredPal is a financial technology company based in Lagos, Nigeria, founded in 2018 by Fehintolu Olaogun and Olorunfemi Jegede. The company offers a platform that enables both businesses and individuals to purchase goods and services and pay for them in installments at various online and offline merchants. CredPal's solution enhances transparency by allowing users to set up accounts and select payment plans that minimize risk. The platform connects customers with multiple financial institutions, providing convenient access to credit at the point of checkout. This service not only facilitates consumer purchases but also empowers retail businesses to offer on-demand credit to their customers, thereby enhancing the overall shopping experience.

MarketForce is a technology company headquartered in the United States, with operations in Kenya and Nigeria, focused on enhancing B2B commerce and fintech solutions for African merchants. Launched in 2018, the company has developed the "RejaReja" platform, which allows merchants to digitally source, order, and pay for inventory. In addition to these services, MarketForce offers access to financing, enables digital payment collection, and allows merchants to resell digital financial services like airtime and utility tokens. Operating in five markets across Sub-Saharan Africa, MarketForce has established a rapidly growing network that includes over 200,000 merchants and 50 consumer brands. The company employs an asset-light business model to drive efficiency and productivity in the distribution of goods, utilizing advanced technology to streamline operations for its users.

Mecho is an on-demand auto repair and maintenance platform tailored for individuals and businesses in Africa. The platform facilitates the registration and scheduling of maintenance services, connecting customers with a network of certified mechanics and automobile technicians. By offering seamless access to vehicle maintenance, inspection, and repair services, Mecho aims to enhance the automotive service experience for its users.

Amitruck Limited is a logistics platform that connects cargo owners with trucking logistics professionals, streamlining the delivery process. Founded in 2018 and headquartered in Nairobi, Kenya, the company offers a mobile and web-based application that allows customers to easily book deliveries for their loads. Amitruck also provides a driver application, enabling transporters to access clients and communicate effectively. The platform enhances user experience by allowing clients to track their deliveries in real-time, receive timely updates, and obtain instant quotes while ensuring access to the nearest available trucks. Through its intuitive interface, Amitruck aims to improve the efficiency and transparency of the logistics process.

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.

Brass is a digital bank based in Nigeria that specializes in serving small and medium-sized enterprises. The company offers a suite of products and tools designed to facilitate business growth. Its key offerings include a free current account that can be easily opened from any device, requiring no monthly transactions or minimum balance. This approach allows customers to access optimal financial tools and banking services tailored to their needs, empowering them to enhance their business operations.

Yoco Technologies, based in Cape Town, South Africa, specializes in streamlining commerce between buyers and sellers. It offers a mobile point-of-sale solution that enables businesses to accept secure payments online and offline through a unified platform. This platform also includes lending and business software services, catering to over 300,000 small businesses annually, processing billions of dollars in transactions. Yoco aims to enhance the customer experience by reducing wait times and simplifying payment processes for both buyers and sellers.

RxAll, Inc. is a technology company that specializes in developing an artificial intelligence-driven platform for the authentication and distribution of pharmaceuticals, primarily in Africa. Founded in 2015 and headquartered in New Haven, Connecticut, the company utilizes a deep learning hyperspectral Internet of Things (IoT) platform that incorporates a molecular sensor device and a cloud database of spectral signatures. This innovative approach allows for non-destructive authentication of medications, including prescription and over-the-counter drugs, before they are dispensed. RxAll aims to combat the issue of counterfeit drugs by providing real-time information to pharmaceutical manufacturers about the authenticity of their products. Additionally, the platform facilitates access to authenticated medicines for patients and pharmacies, while also offering tele-pharmacy primary care services.

Sky.Garden is an e-commerce platform based in Nairobi, Kenya, founded in 2015, that empowers businesses to sell products to targeted audiences across Africa. The platform caters to a diverse range of users, including informal traders, small and medium enterprises, and established businesses. It provides a comprehensive solution for inventory management, allowing retailers to easily upload products, set prices, and manage stock levels. Sky.Garden also facilitates immediate payment reconciliation and offers integrated local shipping and payment options, streamlining operations for its users. By enhancing control over inventory and sales processes, Sky.Garden aims to simplify the e-commerce experience for African retailers.

Bongalow is a mobile-powered home financing marketplace that enables Africans at home and abroad shops for the best home loan to purchase their desired property.

Gozem is a super application that provides a range of transportation, delivery, and cashless payment services to its users. Available on both Android and iOS, the platform offers various ride-hailing options including motorcycle-taxis, car-taxis, and tricycle-taxis, catering to diverse mobility needs. In addition to these transportation services, Gozem also facilitates grocery delivery and financial services, making it a comprehensive solution for consumers, drivers, and retailers. The app aims to deliver convenient and cost-efficient access to essential services, enhancing the overall user experience in urban mobility and e-commerce.

FinAccess is a Nairobi-based company that specializes in developing a cloud-based software platform specifically designed for microfinance institutions (MFIs) and organizations. The platform offers a comprehensive suite of services, including personalized payment reminders, arrears follow-up campaigns, transaction notifications, and marketing messages. Additionally, it generates detailed reports, facilitates debit card issuance, and integrates with third-party mobile money providers. By providing end-to-end information technology services, FinAccess enables MFIs to enhance operational efficiency, reduce costs, and scale their services, particularly to underserved rural populations in growth markets.

LipaLater is a lending marketplace that facilitates postpaid payment options for e-commerce transactions. The platform enables retailers to offer a risk-free, point-of-sale credit solution, allowing consumers to purchase goods and services online and pay for them in manageable monthly installments. This approach not only supports retailers in increasing sales but also provides customers with an affordable way to acquire products, enhancing their shopping experience while making financial planning easier. By focusing on installment payments, LipaLater addresses the needs of both sellers and buyers in the online marketplace.

SEND is a digital freight forwarding and courier service provider based in Yaba, Nigeria, specializing in logistics for African businesses. The company offers a comprehensive platform that manages cargo shipping by air, truck, and sea, serving as both a freight forwarder and customs broker. SEND's services include handling the entire shipping process, from customs clearance to final delivery, ensuring efficient routing and reliable deliveries. By digitizing documentation and streamlining interactions with shipping vendors, SEND enhances the shipping experience and facilitates faster trade within the industry.

Sylndr is an automotive e-commerce marketplace focused on enhancing the used-car market. The company aims to build trust among customers by providing a reliable platform for buying and selling used vehicles. Sylndr offers an extensive selection of high-quality used cars and a variety of financing solutions, positioning itself as the preferred destination for individuals looking to engage in transactions within the used-car sector. Through its innovative approach, Sylndr seeks to ensure transparency and reliability, thereby improving the overall customer experience in the automotive marketplace.

MarketForce is a technology company headquartered in the United States, with operations in Kenya and Nigeria, focused on enhancing B2B commerce and fintech solutions for African merchants. Launched in 2018, the company has developed the "RejaReja" platform, which allows merchants to digitally source, order, and pay for inventory. In addition to these services, MarketForce offers access to financing, enables digital payment collection, and allows merchants to resell digital financial services like airtime and utility tokens. Operating in five markets across Sub-Saharan Africa, MarketForce has established a rapidly growing network that includes over 200,000 merchants and 50 consumer brands. The company employs an asset-light business model to drive efficiency and productivity in the distribution of goods, utilizing advanced technology to streamline operations for its users.