Costanoa Ventures

Costanoa Ventures is an early-stage venture capital firm founded in 2012 and based in Palo Alto, California, with an additional office in San Francisco. The firm specializes in making investments in seed and Series A startups, primarily focusing on business-to-business (B2B) companies. Costanoa Ventures targets investments in cloud-based services, data analytics, fintech, security, modern software as a service (SaaS), and big data technologies. By investing between $0.5 million and $3 million, the firm aims to partner with entrepreneurs to build durable companies that address complex business challenges. Costanoa Ventures supports startups in going to market and achieving product-market fit, helping to foster their long-term success.

Mike Albang

CFO

Amy Cheetham

Partner

John Cowgill

Partner

Nancy Katz

Senior Director

Tony Liu

Principal

Greg Sands

Founder and Managing Director

Mark Selcow

General Partner

Jim Wilson

Partner

Past deals in Central Africa

Smile ID (formerly Smile Identity)

Series B in 2023
At Smile ID they believe anyone should be able to prove their identity easily, anywhere in the world. Their team is made up of American and African engineers and financial services professionals with experience across global markets in highly regulated environments. They have built encryption, authentication and security solutions. They have developed image processing technology from the chip level up. They have been part of security investigations and have pursued fraudsters. Having worked with, or for, telecoms, lenders, banks and startups, they know the challenges of building world class technology and they understand the needs of the African consumer and enterprise customer. They are backed by leading Silicon Valley & African investors and they have pan-African reach, with representation in the United States, South Africa, Nigeria, Kenya, Ghana and Rwanda.

Smile ID (formerly Smile Identity)

Series A in 2021
At Smile ID they believe anyone should be able to prove their identity easily, anywhere in the world. Their team is made up of American and African engineers and financial services professionals with experience across global markets in highly regulated environments. They have built encryption, authentication and security solutions. They have developed image processing technology from the chip level up. They have been part of security investigations and have pursued fraudsters. Having worked with, or for, telecoms, lenders, banks and startups, they know the challenges of building world class technology and they understand the needs of the African consumer and enterprise customer. They are backed by leading Silicon Valley & African investors and they have pan-African reach, with representation in the United States, South Africa, Nigeria, Kenya, Ghana and Rwanda.
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