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.
Top Stages
Past deals in Kenya
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.
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.
Closet49
Pre Seed Round in 2012
Closet49 Ltd. is an online fashion marketplace based in Nairobi, Kenya, specializing in a diverse range of clothing and accessories for both women and men. The company provides a platform for fashion designers and boutiques to sell their products, showcasing trendy and unique items that reflect the creativity of upcoming designers. Its offerings include dresses, tops, bottoms, outerwear, shoes, and beauty care products for women, as well as suits and accessories for men. Founded in 2009, Closet49 aims to cater to the African market by connecting consumers with eclectic fashion pieces from boutique stores and individual sellers, thus promoting local talent and fostering a vibrant fashion community.
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.
HiviSasa.com
Pre Seed Round in 2011
Hivisasa is an online news platform based in Nairobi, Kenya, founded in 2011. It specializes in publishing a diverse range of content, including sports, entertainment, business, politics, crime, obituaries, weddings, and opinion pieces. As Africa’s first crowdsourced news site, Hivisasa empowers its readers not only to access untold stories but also to contribute by writing their own. The platform attracts over two million readers monthly and supports a community of over 1,500 local writers. Committed to fostering community engagement and accountability, Hivisasa emphasizes the importance of local perspectives in its editorial approach, ensuring that all its editors collaborate closely with writers from various backgrounds to deliver relevant news to its audience.
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.
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