88mph

88mph is a venture capital firm and accelerator founded in 2011, with headquarters in Nairobi, Kenya, and an additional office in Cape Town, South Africa. The firm specializes in seed and early-stage investments, primarily targeting the mobile-web sector. It focuses on English-speaking African countries, particularly Nigeria and South Africa, and typically invests up to $100,000 in startups. In addition to funding, 88mph offers a three-month accelerator program that provides startups with essential resources, including mentorship on product development, market strategies, company structure, and scalability. The firm aims to enhance the growth prospects of early-stage technology companies by leveraging its network of founders, investors, and industry professionals.

Past deals in East Africa

BookNow

Seed Round in 2014
BookNow Limited is an online travel agency based in Nairobi, Kenya, specializing in the sale of bus tickets across East African cities. The company operates a user-friendly platform that allows travelers to search for various travel options, obtain information about bus companies and schedules, and book tickets conveniently via the Internet, mobile phone, or SMS. BookNow also facilitates ticket payments through mobile money, streamlining the travel planning process for its users. By focusing on the East African market, BookNow aims to enhance accessibility and convenience for travelers in the region.

MBet Uganda

Pre Seed Round in 2013
MBet Uganda is a Ugandan sports betting business that sells football bets via retail and internet sales channels.

Kutuma Kenya

Pre Seed Round in 2013
Yum Kenya is an online food ordering service based in Kenya. It enables users to browse through the menus of a wide range of Nairobi restaurants, place an order, and pay online. Yum Kenya was founded in 2012 and is based in Nairobi, Kenya.

M-PEPEA

Non Equity Assistance in 2012
M-PEPEA credit is a fully automated credit system dedicated to providing small emergency loans via Safaricom M-PESA instantly, 24hours a day 7 days a week. M-pepea provides emergency micro loans when you need them most. The service uses Safaricom's M-pesa system to get cash instantly in your hand wherever you have mobile service.

Futaa.com

Seed Round in 2011
Futaa.com is an online football news portal based in Nairobi, Kenya, catering primarily to audiences in Kenya and Nigeria. The platform offers a comprehensive range of information related to football, including match updates, local news, details about various leagues and cups, and coverage of Kenyan players and football teams. By focusing on both West and East African football, Futaa.com serves as a valuable resource for fans seeking the latest developments and insights within the sport across the region.

Drugs.co.ke

Seed Round in 2011
Drugs.co.ke is the premier online pharmacy in Kenya established as a response to our client need for convenient, personalised pharmaceutical care within a client safe environment. We are a one stop e-Pharmacy portal for all your pharmaceutical needs providing high quality generic and branded products registered in Kenya. Our agenda is to redefine pharmaceutical care within Kenya and beyond her boundaries.

Tusqee Systems

Seed Round in 2011
Tusqee Systems Ltd. is a Kenya-based company founded in 2011, specializing in SMS-based communication services for schools, churches, NGOs, SACCOs, SMEs, corporates, and other organizations. The company's flagship product, Sematime, is an online bulk SMS service that enables organizations to send branded text messages, notifications, and bills. This platform facilitates effective communication between schools, parents, and teachers by allowing the transmission of important information such as report cards and fee balance notifications. Sematime offers various packages, including a free Starter plan for smaller contact lists and a Pro plan with advanced features for organizations with larger communication needs. Tusqee Systems aims to enhance daily communication and streamline the transfer of documents and payments within educational and organizational environments.

Ghafla!

Seed Round in 2011
Ghafla is an African entertainment website based in Nairobi, Kenya, that focuses on providing news and entertainment content across the continent. The platform covers a wide range of topics, delivering updated information on daily affairs from various countries, including Kenya, Tanzania, Uganda, South Africa, Nigeria, and Ghana. Ghafla's emphasis on digital content allows users to access a diverse array of audio and video media, making it a significant player in the online entertainment landscape in Africa.
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