54 Collective

54 Collective is a venture capital firm based in Johannesburg, South Africa, founded in 2018. The company focuses on building and scaling African tech startups by providing catalytic capital and tailored support to entrepreneurs. It invests primarily in sectors such as fintech, health tech, agritech, logistics, and e-commerce. By integrating impact into its investment strategy, 54 Collective aims to deliver financial returns to investors while facilitating the growth of innovative businesses. The firm leverages its extensive global network to offer additional resources and support, helping founders navigate challenges and scale their ventures effectively.

Kelvin Au

Head of Venture

Maya Baratz

CEO and Partner

Hetal Patel

Chief Investment Officer

Sam Sturm

Co-Founder and Chief Portfolio Officer

Alina Truhina

Co-Founder and Board Member

Philani Mzila

Investment Manager

Bongani Sithole

CEO

Past deals in Africa

TUNL

Pre Seed Round in 2023
TUNL specializes in establishing and optimizing export-related supply chain framework between Africa and the mainland United States.

BuuPass

Pre Seed Round in 2023
BuuPass is a digital transport solutions provider in Kenya, focusing on simplifying the movement of commuters. As the country's first marketplace for bus, shuttle, and train bookings, BuuPass offers a user-friendly platform that allows individuals to conveniently reserve seats and make payments for their travel needs. The service is designed to enhance the booking experience for urban commuters by enabling online ticket purchases through both smartphone apps and SMS-based options. Founded by young entrepreneurs passionate about addressing everyday transportation challenges, BuuPass aims to empower users with choices that cater to their time and financial preferences. The company envisions a world where seamless travel connects people to opportunities and fosters a borderless lifestyle.

BuuPass

Pre Seed Round in 2022
BuuPass is a digital transport solutions provider in Kenya, focusing on simplifying the movement of commuters. As the country's first marketplace for bus, shuttle, and train bookings, BuuPass offers a user-friendly platform that allows individuals to conveniently reserve seats and make payments for their travel needs. The service is designed to enhance the booking experience for urban commuters by enabling online ticket purchases through both smartphone apps and SMS-based options. Founded by young entrepreneurs passionate about addressing everyday transportation challenges, BuuPass aims to empower users with choices that cater to their time and financial preferences. The company envisions a world where seamless travel connects people to opportunities and fosters a borderless lifestyle.

Offgrid.finance

Pre Seed Round in 2022
Offgrid Finance is a financial technology company based in Kenya that focuses on providing loans to small and medium-sized enterprises (SMEs) in sectors such as agriculture, food, and logistics. The company aims to facilitate access to clean and efficient technologies by integrating its financing solutions directly into the sales process. By connecting SMEs with a network of lenders, Offgrid Finance supports the adoption of low-emission technologies, thereby promoting sustainable business practices. Its mission is to create a scalable financing solution that minimizes risk for investors while significantly reducing greenhouse gas emissions and generating positive social impact in emerging markets.

Zuri Health

Pre Seed Round in 2022
Zuri Health is a telemedicine company based in Nairobi, Kenya, established in 2020. It offers affordable and accessible healthcare solutions through a mobile app, website, and SMS services, catering to patients without smartphones and those in rural areas. Users can schedule lab and diagnostic tests, consult with doctors, purchase medications from pharmacies, and arrange home visits with qualified medical professionals. The platform also features an artificial intelligence-powered chatbot to enhance user experience and provide first-level medical consultations. Zuri Health aims to create a universally accessible healthcare experience for all individuals, regardless of their location or resources.

Winich Farms

Seed Round in 2022
At Winich Farms we are a technology-driven and agri-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 platforms, these we use 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. In addition to this, utilizing our agro e-retail platform (web and app), we connect vicinity farmers with market (households) directly at farm gate price thereby reducing the activities of middlemen, making agro produce more affordable and easily accessible. 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, Labana Rice, Big Bull Rice etc Backed by Orange Corners we are on a mission to create a prosperous and economically resilient Africa powered by Agriculture.

Rology

Seed Round in 2022
Rology is a teleradiology platform based in Cairo, Egypt, founded in 2017. The company addresses the global shortage of radiologists by efficiently matching hospitals with available radiologists based on their specializations. This service aims to reduce latency in reporting times for medical examinations such as CT and MRI scans, which have seen increased demand. Rology's platform enhances radiologists' productivity by incorporating an AI-powered DICOM reader, allowing for quicker case reviews and improved patient outcomes. By facilitating timely and remote consultations, Rology plays a crucial role in ensuring that patients receive prompt diagnostic reports regarding their health issues.

OkHi

Seed Round in 2022
OkHi is a digital addressing system for emerging markets. The company wants to solve the lack of a physical address system in Kenya and beyond. They are building the next generation address system. This system will unlock commerce through enhanced logistics, save lives through improved emergency services, and grow access to finance through better personal identification.

OkHi

Seed Round in 2022
OkHi is a digital addressing system for emerging markets. The company wants to solve the lack of a physical address system in Kenya and beyond. They are building the next generation address system. This system will unlock commerce through enhanced logistics, save lives through improved emergency services, and grow access to finance through better personal identification.

Floatpays

Seed Round in 2022
FloatPays is a financial technology company based in Cape Town, Western Cape, founded in 2019. The company specializes in providing a platform that facilitates payroll integration and offers employees early access to their wages. FloatPays enhances employee financial well-being through various services, including payment solutions, financial education, effective reporting, and training. By promoting budgeting and financial literacy, the company aims to empower individuals to transition from debt to savings, ultimately fostering a more secure financial future for its users.

TUNL

Pre Seed Round in 2021
TUNL specializes in establishing and optimizing export-related supply chain framework between Africa and the mainland United States.

Revix UK Limited

Venture Round in 2021
Revix stands for revolutionary investment experience and this is fundamental to what we do as it underpins everything from the way a user feels when making an investment on our app to the rewards they earn for achieving a savings goal. We strive to innovate how it feels to invest and save — to fundamentally change the experience itself into something more engaging, automated & effortless. Through our B2C division, we’re building the SoFi/WealthFront/Betterment of Africa & the Middle East — with a primary product focus on crypto assets, crypto index funds, & thematic ETFs. Through our B2B division, we enable emerging market banks & online brokers to easily offer crypto assets to their clients via our crypto API suite. We’ve partnered with Africa’s largest bank with 18.2m users to launch crypto assets on their digital platforms across 16 African nations. At Revix, we initially focused on ready-made crypto index funds for the under/un-tapped African market. This enabled us to differentiate ourselves from traditional crypto exchanges, attract >50k sticky customers & launch both traditional & alternative savings & investment products. Today, we separate ourselves from competitors by offering an engaging behavioural-based rewards program ​that ​incentivises​, nudges & rewards​ smart money management while also making the experience of ​managing money simple, automated & elegant.

Redbird

Seed Round in 2021
Redbird is a provider of health monitoring services aimed at improving the lives of patients with chronic diseases in Africa. Recognizing that millions of individuals suffer from chronic conditions without adequate means to manage their health, Redbird supplies pharmacies with the necessary tools to offer rapid diagnostic services. This approach transforms pharmacies into accessible centers for health management, allowing patients to monitor their conditions conveniently. By facilitating health testing options, Redbird helps patients avoid the lengthy travel and waiting times typically associated with overburdened hospitals, ultimately promoting better health outcomes and enhancing the quality of life for those living with chronic diseases.

Wella Health

Venture Round in 2021
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.

Redbird

Seed Round in 2020
Redbird is a provider of health monitoring services aimed at improving the lives of patients with chronic diseases in Africa. Recognizing that millions of individuals suffer from chronic conditions without adequate means to manage their health, Redbird supplies pharmacies with the necessary tools to offer rapid diagnostic services. This approach transforms pharmacies into accessible centers for health management, allowing patients to monitor their conditions conveniently. By facilitating health testing options, Redbird helps patients avoid the lengthy travel and waiting times typically associated with overburdened hospitals, ultimately promoting better health outcomes and enhancing the quality of life for those living with chronic diseases.

Wella Health

Seed Round 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.

Envisionit Deep AI

Seed Round in 2020
Envisionit Deep AI is a Johannesburg-based medical technology company founded in 2019 that focuses on enhancing medical imaging diagnosis for radiologists through artificial intelligence. The company has developed a machine learning platform and the RADIFY system, which specifically addresses conditions such as respiratory and congenital heart diseases. By utilizing AI, Envisionit Deep AI aims to improve the accuracy and efficiency of interpreting medical images, including chest X-rays, ultrasounds, MRIs, and CT scans. Their technology is designed to streamline the diagnostic process, enabling healthcare professionals to identify abnormalities more consistently and in less time, ultimately making diagnostic healthcare more accessible and cost-effective.

Akili Labs

Seed Round in 2020
Akili Labs is a biomedical startup based in South Africa that specializes in developing medical diagnostic technology to enhance healthcare through improved diagnostics. Founded in 2017 by Charles Faul and Lucas Lotter, with Dr. Farhan Pervaiz joining as a co-founder in 2018, the company aims to address the need for rapid diagnoses within the healthcare system. Akili Labs focuses on creating molecular diagnostic tools capable of testing for various infections and enabling gene screening. Their innovative and location-appropriate diagnostic systems are designed to reduce costs and improve access to healthcare services across Africa. The company actively collaborates with global organizations to develop and implement healthcare and diagnostic-related products, emphasizing innovation and partnership in its mission.

LocumBase

Seed Round in 2020
LocumBase (Pty) Ltd is an online software as a service (SaaS) platform based in Cape Town, South Africa, that connects freelance medical professionals with healthcare practices, including clinics and hospitals, for short-term locum appointments. Founded in 2016, the platform allows medical professionals to create viewable profiles, which include verified information such as professional registration, qualifications, and biographical details. This information is accessible to registered practices, enabling them to view locum availability, areas of specialization, hourly rates, and location. LocumBase provides a customizable booking and management solution that ensures real-time availability of verified locum staff, while also offering career management tools for medical professionals, including records of experience and earnings, as well as access to professional development resources.

Altify UK Limited

Seed Round in 2020
The Altify mobile app and web portal simplify investing in alternative assets for over 80,000 users. With a minimum investment of just $10, Altify’s platform makes it easy to buy, sell and earn yield from a diverse range of assets once reserved for the ultra-wealthy. Altify provides exclusive access to a wide range of investment opportunities including gold and cryptocurrencies to upcoming additions like private credit, real estate, and venture capital, complemented by innovative savings options. Altify boasts the world's largest selection of ETF-style Crypto Bundles, enabling you to tap into the crypto market just as easily as you would the stock market — through affordable, diversified index-based products. While its proprietary Smart Trade System enables you to automatically connect to all the top crypto exchanges in real-time and access to the best liquidity and rates in the market. Altify is crafted by experienced, fast-moving, “roll-up-your-sleeves-and-make-it-happen” kind of people. If you’re someone who thinks big, moves fast and wants to make an impact right from day one, then you'll fit right into Altify’s industry-changing mission. Emerging from a 2023 merger of Revix and Coinpanion, Altify is a London-headquartered company with satellite offices in Vienna and Cape Town. The company’s publicly stated mission is to help increase the net worth of our generation by unlocking new avenues for wealth creation that are both sustainable and impactful.

BuuPass

Grant in 2019
BuuPass is a digital transport solutions provider in Kenya, focusing on simplifying the movement of commuters. As the country's first marketplace for bus, shuttle, and train bookings, BuuPass offers a user-friendly platform that allows individuals to conveniently reserve seats and make payments for their travel needs. The service is designed to enhance the booking experience for urban commuters by enabling online ticket purchases through both smartphone apps and SMS-based options. Founded by young entrepreneurs passionate about addressing everyday transportation challenges, BuuPass aims to empower users with choices that cater to their time and financial preferences. The company envisions a world where seamless travel connects people to opportunities and fosters a borderless lifestyle.

Eazyhire

Pre Seed Round in 2019
Eazyhire Limited is a peer-to-peer platform based in Lagos, Nigeria, that facilitates the leasing and rental of a diverse range of products, including vehicles, equipment, aircraft, electronics, and maritime assets. Founded in 2015, the platform enables users to onboard vendors, manage daily operations, process payments, and handle requests for proposals, quotations, invoices, and contracts efficiently. Eazyhire also offers asset financing through a rent-to-own service in collaboration with financial institutions and original equipment manufacturers, catering to both individuals and businesses seeking temporary access to essential assets while providing value to owners of underutilized items.

Digest Africa

Pre Seed Round in 2019
Digest Africa is dedicated to collecting and organizing comprehensive information about the early-stage and technology ecosystem in Africa. The company aims to create a robust resource that includes data on early-stage and technology companies, investors, accelerators, and funding deals across the continent. Currently, Digest Africa's database includes over 2,000 funding and M&A deals valued at more than $2.5 billion, involving more than 1,000 companies. The organization also tracks over 250 active investors and 50 accelerators in Africa. By accurately reporting on the daily activities within the early-stage and technology sectors, Digest Africa aggregates this information and publishes insightful reports, thereby assisting investors in making informed decisions regarding their investments.

KudiGo

Pre Seed Round in 2019
KudiGo is a technology company that provides a mobile-based integrated solution designed for informal consumer retailers in Africa. Its platform offers a comprehensive suite that includes retail management, accounting, and non-cash payment processing, along with AI-powered analytics. By leveraging innovative technology, KudiGo helps users improve their business oversight and adopt efficient bookkeeping practices, promoting financial inclusion. Additionally, the company utilizes big data and blockchain technology to enhance transparency and facilitate real-time monitoring for manufacturers and distributors in the retail sector.
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