Future Africa

Future Africa is a Lagos-based venture capital firm established in 2016, dedicated to empowering mission-driven founders and innovators to tackle significant challenges across the African continent. The firm focuses on creating a future where purpose and prosperity are accessible to all. Future Africa invests in a diverse array of sectors, including agriculture, data and artificial intelligence, e-commerce, education, finance, healthcare, and technology, among others. By supporting startups and entrepreneurs, Future Africa aims to foster the development of transformative solutions that contribute to the continent's economic growth and social progress.

Iyinoluwa Aboyeji

Founding Partner

Abby Chaffatt

Partner

V. Chinyere Inya

Partner and Head of Platform

Mia Koschitzky-Kimani

Managing Partner

Mayowa Olugbile

General Partner

Mathew Saunders

Senior Principal and Head of Investments

Caleb Zipperstein

Partner

72 past transactions

Lori Systems

Venture Round in 2025
Lori Systems Corp. is a logistics platform founded in 2016 and headquartered in Nairobi, Kenya, with additional offices in Mombasa, Kampala, and Lagos. The company specializes in connecting cargo owners with vetted transporters, addressing the significant logistics costs that account for up to 75% of product expenses in Africa. By leveraging technology, Lori's platform enhances supply chain management through real-time cargo monitoring, electronic documentation, and automated payment processes, thereby improving operational efficiency. Since its launch in May 2017, Lori has achieved substantial growth, boasting a compounded monthly growth rate of 30%. The increasing demand for its tech-enabled logistics solutions reflects the company's success in providing transparency, flexibility, and cost savings to businesses across the continent.

STEM Cafe

Pre Seed Round in 2025
STEM Cafe is a non-linear learning center where kids and young adults (5-18 years) can learn about the great world of STEM (Science, Technology, Engineering, and Mathematics) through exciting interactive activities.

Juicyway

Pre Seed Round in 2024
Juice is a developer of a payment network platform for cross-border business payments for businesses and individuals. It facilitates financial transactions between parties regardless of location to allow enterprises to participate in international trade and the exchange of goods and services.

Moove

Series B in 2024
Moove is a mobility fintech company focused on providing revenue-based vehicle financing to mobility entrepreneurs across Africa. By leveraging embedded alternative credit-scoring technology, Moove integrates its services within ride-hailing, logistics, and last-mile delivery platforms. This innovative approach allows the company to assess the performance and revenue of mobility entrepreneurs, enabling it to underwrite loans for individuals who have been historically excluded from traditional financial services. Through its unique model, Moove aims to democratize vehicle ownership and enhance access to financial resources for a growing number of mobility operators in the region.

Filmmakers Mart

Pre Seed Round in 2023
Filmmakers Mart is Africa's pioneering film and entertainment marketplace, designed to connect entertainment businesses and creatives with verified services essential for video production. The platform simplifies the production process by offering curated filming locations, streamlined logistics, and an efficient permit acquisition system. By unifying fragmented markets, Filmmakers Mart enables clients to access a comprehensive range of services, including location scouting, logistical support, and talent sourcing. Additionally, the company aims to democratize entry into the film and entertainment industry for emerging creatives, fostering a more inclusive environment for aspiring filmmakers in Africa. Through its innovative approach, Filmmakers Mart seeks to establish a robust operational framework for the continent's film and entertainment sector.

Itana

Pre Seed Round in 2023
Itana operates Nigeria's first Digital Free Zone, facilitating global tech-powered businesses to operate remotely in Africa without physical presence. It offers end-to-end support for business incorporation, banking services, licenses, immigration assistance, and operational services, creating an ideal online jurisdiction for scalability across the continent.

Balad

Pre Seed Round in 2023
Balad is a financial technology platform focused on serving migrants and their families by providing essential banking services. The platform specializes in facilitating cross-border remittances and offers features such as mobile banking applications and prepaid debit cards. Balad targets the underbanked families of Egyptian migrants, aiming to simplify the digital remittance process while minimizing transaction fees. In addition to remittances, the platform plans to expand its range of financial products, enabling migrants to ensure their families receive timely financial support. Through its innovative approach, Balad seeks to improve financial accessibility for those who face challenges in traditional banking systems.

Sytemap

Seed Round in 2023
We are leveraging blockchain and modern geospatial capabilities to build a modern digital land and property registry that enables owners and other third parties to access, verify and value properties effortlessly.

Smile ID (formerly Smile Identity)

Series B in 2023
Smile Identity Inc. is a technology company based in San Francisco, California, that focuses on identity verification solutions. Founded in 2016, the company has developed an application called SmartSelfie, which allows users to create a universal biometric for authentication on Android devices. The team comprises engineers and financial services professionals from both the United States and Africa, bringing expertise in global markets with a focus on highly regulated environments. Smile Identity has developed advanced encryption, authentication, and security solutions, as well as image processing technology. The company has experience working with telecoms, lenders, banks, and startups, enabling them to understand the unique challenges faced by consumers and enterprises in Africa. With support from prominent investors in Silicon Valley and Africa, Smile Identity has established a pan-African presence, operating in countries such as South Africa, Nigeria, Kenya, Ghana, and Rwanda.

Uncover

Seed Round in 2022
Uncover is a beauty company that provides skincare products for consumers. The company's mission is to inspire, support, educate, and empower women to take control of health and well-being and become the most trusted skin-care brand. Uncover was founded in 2020 and is based in Kenya.

LaborHack

Pre Seed Round in 2022
LaborHack is a digital platform that connects construction businesses with a pool of trained, tested, and vetted skilled workers available on demand. The platform serves as an online marketplace for artisans, offering an exclusive network of certified professionals including carpenters, plumbers, electricians, masons, and welders. By facilitating access to these qualified workers, LaborHack enables companies and households to hire on-demand artisans, ensuring that projects are completed efficiently and on schedule. The platform streamlines the hiring process, allowing businesses to find the right talent for their specific needs.

Nexford University

Series A in 2022
Nexford University is an online higher education institution founded in 2017, based in Washington, D.C. It aims to provide accessible and affordable education tailored to the demands of the global workforce. Serving markets such as the United States, the Philippines, Nigeria, and Egypt, Nexford offers degree programs and courses across various industries, including technology, business, and healthcare. The university's curriculum is designed to align with employer needs, leveraging artificial intelligence to identify and focus on in-demand skills. This approach ensures that learners, particularly from middle-income societies, receive a relevant and dynamic education that prepares them for success in a competitive global job market.

Steward

Pre Seed Round in 2022
Steward is a financial platform dedicated to empowering schools by providing loans for their operational expenses and asset acquisitions. The focus of the organization is to unlock growth opportunities for passionate and ambitious small schools, enabling them to deliver high-quality education to their students.

Tripesa

Pre Seed Round in 2022
Tripesa is a company focused on enhancing Africa's travel and tourism sector through innovative payment solutions and digital technology. It develops comprehensive systems that enable tourism-related businesses to create secure, customizable websites and web applications. Tripesa’s platform includes essential features such as inventory management, booking and payment processing, and event management tools, all accessible via a user-friendly dashboard. By providing these solutions, Tripesa supports businesses in scaling their operations and improving their overall service offerings within the tourism industry.

Lami

Seed Round in 2022
Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.

Hohm Energy

Seed Round in 2022
Hohm Energy is a company based in Gauteng, South Africa, founded in 2021. It operates an online marketplace that facilitates connections between customers and accredited solar providers, product suppliers, and financiers. The company offers a comprehensive solar purchasing experience by leveraging scalable technology to manage the entire solar transition journey for clients. This includes scoping solutions, installation, and ongoing operations and maintenance, aiming to accelerate the adoption of solar rooftops and contribute to a lower-carbon future.

Novek

Seed Round in 2022
Novek is a company focused on developing Internet of Things (IoT) technology aimed at eliminating single-use plastics from fast-moving consumer goods (FMCG) supply chains. Its innovative system enables the dispensing of micro-quantities of products, enhancing efficiency and sustainability. By providing distributors with real-time visibility into retailers' inventory, Novek's technology triggers automated restocking processes. This visibility benefits manufacturers and small businesses, allowing them to optimize sales. Additionally, the platform supports mobile money payment processing for stock transactions, streamlining operations across the supply chain.

Kibo School

Seed Round in 2022
Kibo School is an online university based in New York, established in 2021, that offers affordable, high-quality degree programs. The institution focuses on computer science and aims to equip students with essential skills and professional networks. By combining self-directed learning with an engaging community of tutors, peers, and industry mentors, Kibo School fosters an environment that enhances knowledge acquisition, motivation, and accountability. This model allows students to learn at their own pace while benefiting from the support and insights of a collaborative educational network.

Jumba

Pre Seed Round in 2022
Jumba is a construction technology platform based in Nairobi, Kenya, established in 2022. The company focuses on optimizing B2B construction material purchases and financing, serving as a vital link between manufacturers and retailers. Its platform allows businesses to order a range of materials, including cement, steel, paint, tiles, plumbing, electrical supplies, and finishes for kitchens and bathrooms, with the option to pay later. By connecting small hardware stores with medium-sized retailers in their vicinity, Jumba facilitates inventory updates and streamlines the construction supply chain in Africa, making the procurement process more efficient for hardware retail establishments.

Capsa

Seed Round in 2022
Capsa Technology is a fintech company that operates an online platform designed to facilitate the trading of invoices, or receivables, for small to medium-sized businesses in Africa. By enabling businesses to convert unpaid invoices into working capital, Capsa helps alleviate financial pressures and mitigate the risk of bad debt. The platform has successfully processed over $80 million in payments and traded more than $26 million worth of invoices within its first 20 months of operation. Capsa's innovative approach creates a secure and digital marketplace that unlocks liquidity for businesses and introduces a new asset class for fund managers.

Norebase

Pre Seed Round in 2022
Norebase is a company that facilitates business operations in Africa by leveraging technology to simplify the complexities of the market. It specializes in providing intellectual property services that enable businesses to scale across the continent. Norebase offers a streamlined process for setting up and registering trademarks, allowing clients to efficiently upload necessary documentation and obtain a registered company along with a tax identification number. This approach reduces the hassle and risks associated with doing business in Africa, supporting clients in building and expanding their enterprises globally.

Codepym

Seed Round in 2022
Codepym is a Software company that is focused primarily on education. Since its inception in 2016, Codepym has continued to take giants strides in reinventing learning and inspiring people to make lifelong positive impact. With more than 100 institutions, (primary, secondary, tertiary, and learning centres), with over 50 staff, everything we do has our clients at the epicentre.

MIA Group

Pre Seed Round in 2022
MIA Group is a consumer internet company in Francophone Africa. We are on a mission to make commerce easy through a digital ecosystem fulfilling the everyday needs of consumers online and offline. Our businesses include Miaplenou.com: The largest online retail platform operating in Togo, Benin, Mali, Niger, and Burkina Faso. Launched 2012. Kiosk: online reselling App that enables anyone to start a business without investment. Launched 2021. MiaPay: QR code payment and lifestyle services

Veend

Pre Seed Round in 2022
Veend is a fintech company that specializes in simplifying the lending process for financial institutions and merchants. It enables the embedding of credit into various ecosystems, allowing for profitable and scalable operations. Veend offers a comprehensive credit infrastructure that automates the lending processes, connecting lenders with borrowers through multiple origination channels, including USSD, web, mobile applications, ATMs, and point-of-sale systems. By facilitating easy and rapid access to credit, Veend enhances the efficiency of lending operations for its clients.

Big Cabal Media

Seed Round in 2022
Big Cabal Media (BCM) is a digital media company focused on serving African audiences both on the continent and globally by producing high-quality media brands and original content. The company operates two prominent media publications: TechCabal, which provides in-depth coverage of technology, startups, and innovation in Africa, and Zikoko, which captures the essence of Nigeria’s youth culture through engaging storytelling across various formats. TechCabal also features a data and intelligence unit, TechCabal Insights, that aids development finance institutions, NGOs, state governments, global tech brands, and African startups in addressing challenges within the digital economy. By reflecting and amplifying the voices of African youth and providing critical insights into the tech landscape, BCM aims to highlight the potential of Africa's digital economy as a pathway to prosperity.

Simplifyd

Pre Seed Round in 2022
Simplifyd is a cloud infrastructure platform designed for modern application deployment, providing essential services such as compute, storage, and managed database solutions. Unlike traditional local cloud providers, Simplifyd offers a streamlined and efficient approach that caters specifically to the unique needs of businesses in Africa. The platform emphasizes high throughput and low latency, with billing options available in local African currencies. Simplifyd aims to simplify the application deployment process, enabling businesses to scale their operations quickly and effectively. Additionally, Simplifyd offers user-friendly small business management software that includes features like three-click invoicing, customer relationship management (CRM), and sales tracking, making it an all-in-one solution for entrepreneurs and small businesses.

Spleet

Pre Seed Round in 2022
Spleet is a fintech company that operates a rental home listing platform, focusing on providing affordable living spaces. It offers fully furnished accommodations with flexible payment options, including tenant verification and rent collection solutions for landlords. Additionally, Spleet facilitates rent financing through a "rent now, pay later" model for tenants, making it easier for individuals to secure housing. The company also provides essential services such as cleaning and security, along with various amenities, to enhance the living experience for its customers. By streamlining the rental process, Spleet aims to assist homeowners in maximizing their earning potential while helping tenants find ready-to-move-in spaces.

Caantin AI

Seed Round in 2022
Caantin AI focuses on enhancing the operational efficiency of restaurants in Africa by providing a comprehensive platform for managing food supply procurement, payments, and short-term credit. The company has developed software that simplifies vendor management and streamlines procurement processes, facilitating easier onboarding and operations for food businesses. By offering tools for supplier payments and inventory financing, Caantin aims to improve customer satisfaction and overall business outcomes for its clients. Additionally, the platform includes features such as payment reminders and systems for collecting payments, which help restaurants manage accounts receivable more effectively. Through these services, Caantin AI seeks to significantly increase the contribution of the restaurant sector to the global economy.

Octo

Pre Seed Round in 2022
Octo is a digital banking platform aimed at providing financial services to Egyptians who lack access to formal credit. The company develops a payment and credit platform that facilitates a range of financial transactions, allowing users to deposit and withdraw funds from multiple locations. Octo's platform enables users to manage their finances effectively by offering features such as spending through a card, transferring payments via a mobile application, and making purchases with credit at participating retailers. This flexibility allows users to split their payments between cash and credit, often at competitive rates. By focusing on underserved populations, Octo seeks to enhance financial inclusion in Egypt.

Mecho

Seed Round in 2022
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.

Gamp

Pre Seed Round in 2022
Gamp is a company specializing in device protection and support services specifically for consumer electronics. It offers convenient post-sale assistance by arranging pick-ups and drops for gadgets, allowing customers to avoid the hassle of visiting service centers. Gamp provides repair services for a wide range of electronic devices, including smartphones and computers, catering to products from several well-known manufacturers.

Frain technologies

Pre Seed Round in 2022
Frain is developing a solution that will allow you to track all of your product's third-party dependencies from a single dashboard.

Finclusion Group

Seed Round in 2022
Finclusion is a FinTech accelerating company that provides financial services and credit products using AI-powered and data-driven lending for fraud prevention and credit granting. The company also offers buy-now-pay-later (BNPL) services, salary advance schemes, loan services, and transactional banking to individuals and SMEs across 5 countries—South Africa, Eswatini, Namibia, Kenya, and Tanzania.

Wowzi

Seed Round in 2021
Wowzi is an influencer marketing platform that aims to streamline and automate marketing workflows for brands. It connects everyday social media users, particularly nano and micro creators, with large brands, allowing them to earn money by sharing brand messages on their social networks. The platform enables users to outline detailed marketing campaigns, specifying factors such as timing, channel, budget, and demographic criteria to select suitable influencers. This approach allows small and medium enterprises, multinational corporations, creative agencies, research companies, and NGOs to effectively push brand messages while also gathering valuable consumer insights, ultimately driving commerce in Africa.

Kuunda

Seed Round in 2021
Kuunda is a B2B advisory platform that specializes in providing financial services tailored for developing economies. The company offers a range of solutions including liquidity management tools, data insight tools, and consulting services. Its platform empowers users, such as underserved agents, merchants, and consumers, to access the liquidity they need to meet their financial requirements. By facilitating connections between users and bank partners, Kuunda enhances network productivity and encourages the distribution of products, ultimately promoting economic resilience and growth. The company aims to help individuals and businesses maintain their standard of living while driving measurable results through its innovative digital offerings.

Stitch

Seed Round in 2021
Stitch operates a financial API platform that facilitates secure connections between bank accounts and various applications. By providing full API access to financial accounts, Stitch enables users to share their transaction history, confirm their identities, and initiate payments efficiently. The platform integrates directly with existing bank infrastructures, ensuring compliance and enhancing user experience through a lightweight single sign-on process. This approach allows clients to conduct fraud-free bank payments and access financial data with ease.

Kwara

Seed Round in 2021
Kwara GmbH is a technology company that specializes in developing a digital banking platform tailored for savings and credit co-operative societies (SACCOs). Founded in 2018 and headquartered in Berlin, Germany, with an additional office in Nairobi, Kenya, Kwara aims to modernize credit unions by providing a comprehensive cloud-based solution. The platform facilitates loan application servicing and approval for members, while also offering integration services, customer support, real-time financial tracking, and compliance assistance. Kwara's offerings include Kwara Pronto, a tool for managing loans. Currently, the company serves over 200 SACCOs across Kenya, South Africa, and the Philippines, enabling these financial institutions to enhance their operations and improve access to formal financial services.

Eden Life

Seed Round in 2021
Eden Life Inc., based in Lagos, Nigeria, specializes in tech-enabled housekeeping services for professionals. Through its online platform and mobile application, the company offers a range of services including laundry, meal preparation, house cleaning, equipment maintenance, and meal delivery. By aggregating vendors offering diverse services, Eden Life enables clients to efficiently manage their household chores.

Ndovu

Pre Seed Round in 2021
Ndovu is a financial advisory platform that provides personalized and cost-effective investment solutions for users seeking to engage with both local and global financial markets. The company employs advanced technology and expert financial advisors to simplify investment processes, making them more accessible to a broader audience. Ndovu's platform features curated investment funds and tailored investment plans that align with individual risk tolerance and financial goals, empowering customers to navigate the complexities of investing and enhance their wealth-building potential.

Edves

Seed Round in 2021
Edves Limited is a company that specializes in developing school management software aimed at automating various educational processes. Founded in 2016 and based in Lagos, Nigeria, Edves provides a comprehensive platform that addresses enrollment, payment processing, e-learning, and performance analytics for K-12 schools. Serving over 1,700 schools across 11 countries in Africa, the software facilitates online learning through features such as e-books, video tutorials, and virtual classrooms. Additionally, it offers tools for school administrators to track fee defaulters, generate reports, and monitor student performance, thereby enhancing the overall educational experience and operational efficiency of institutions.

Releaf

Seed Round in 2021
Releaf is a Nigerian supply chain technology firm established in 2017 that operates as an online marketplace connecting agribusiness buyers and sellers. The company focuses on sourcing ingredients for African food factories, particularly targeting crops such as cassava, palm oil, ginger, cashew nuts, fish, maize, cocoa, kola nuts, yam, and sesame seeds. By utilizing digital technologies, including USSD and open banking, Releaf engages with over 2,000 smallholder farmers, facilitating the supply of high-quality palm kernel nuts to food manufacturers. The firm also provides extension services to these farmers and converts raw materials into factory-grade inputs for the vegetable oil sector. With a vision to create climate-adaptive supply chains in response to Africa's growing population, Releaf aims to enhance efficiency in food production and support the agricultural ecosystem.

Shara

Seed Round in 2021
Shara is a mobile application that provides a digital platform for consumer goods companies in developing markets. It offers tools for managing business operations, including the ability to send receipts and invoices, track outstanding payments, and issue reminders and professional statements at no cost. Additionally, Shara features a secure wallet designed to help clients organize their finances and enhance their business growth systematically. Through these services, Shara aims to streamline business processes and support the development of small and medium enterprises in emerging markets.

Sety

Pre Seed Round in 2021
Sety is a security platform company, that connects victims to the security or medical emergency, guaranteeing safety and digitalising out solution, allowing businesses and developers access to our core services. We hope to revolutionise how people report incidents globally.

Pngme

Series A in 2021
Pngme is a fintech company that facilitates equal access to finance through its innovative data platform. This platform streamlines the collection, analysis, and usage of financial data for banks, fintechs, and credit bureaus, empowering them to create tailored financial products for underserved populations. Pngme's platform offers one-click data sharing, real-time insights, and credit scoring capabilities, aiming to give individuals control over their data and foster wealth creation by providing equal access to finance.

RxAll

Seed Round in 2021
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.

Chaka

Pre Seed Round in 2021
Chaka Technologies Limited is a Nigerian financial technology company that operates an online investment platform. It enables African individuals and businesses to invest and trade in global capital markets, including stocks listed on major exchanges like NASDAQ and the New York Stock Exchange, as well as mutual funds, fixed income products, and cryptocurrencies. The platform is compliant with relevant regulations and offers access to over 3,000 assets across 40 countries. Chaka serves a diverse range of clients, including corporate and institutional investors, investment advisors, stockbrokers, and fund managers.

Akiba Digital

Pre Seed Round in 2021
Akiba Digital is a data and technology company focused on delivering financial intelligence solutions. It develops a financial data aggregator application aimed at assisting users in managing their savings goals and overall financial management. The application provides on-demand insights and visualizations related to savings objectives, along with financial behavioral coaching as part of a premium rewards program. This feature grants users access to personal financial coaching, promoting more efficient utilization of their finances. Akiba Digital's mission is to unlock financial opportunities for consumers, businesses, and society through the use of alternative data.

Smile ID (formerly Smile Identity)

Series A in 2021
Smile Identity Inc. is a technology company based in San Francisco, California, that focuses on identity verification solutions. Founded in 2016, the company has developed an application called SmartSelfie, which allows users to create a universal biometric for authentication on Android devices. The team comprises engineers and financial services professionals from both the United States and Africa, bringing expertise in global markets with a focus on highly regulated environments. Smile Identity has developed advanced encryption, authentication, and security solutions, as well as image processing technology. The company has experience working with telecoms, lenders, banks, and startups, enabling them to understand the unique challenges faced by consumers and enterprises in Africa. With support from prominent investors in Silicon Valley and Africa, Smile Identity has established a pan-African presence, operating in countries such as South Africa, Nigeria, Kenya, Ghana, and Rwanda.

MarketForce

Seed Round in 2021
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.

Rivy

Pre Seed Round in 2021
Rivy is making it easier to finance small and medium sized businesses in Africa. There is a need for financing of $158 bn for SMEs in Nigeria alone. To start, Rivy o helps SMEs access and spend lender capital effectively. During their first full operational year in 2020, the Rivy o co--founders leveraged their domain expertise and founding experience to beat their 2020 goal by 50%.

MDaaS Global

Seed Round in 2021
MDaaS Global Corp., established in 2016 with headquarters in Lagos, Nigeria, and an additional office in Cambridge, Massachusetts, specializes in operating diagnostic centers in underserved African communities. These centers provide radiology, cardiology, and lab services, along with SentinelX, a patient health tracking platform facilitating access to primary care both in-person and virtually. Additionally, the company engages in retailing, leasing, installing, and maintaining medical equipment for hospitals within the healthcare industry.

Nexford University

Seed Round in 2021
Nexford University is an online higher education institution founded in 2017, based in Washington, D.C. It aims to provide accessible and affordable education tailored to the demands of the global workforce. Serving markets such as the United States, the Philippines, Nigeria, and Egypt, Nexford offers degree programs and courses across various industries, including technology, business, and healthcare. The university's curriculum is designed to align with employer needs, leveraging artificial intelligence to identify and focus on in-demand skills. This approach ensures that learners, particularly from middle-income societies, receive a relevant and dynamic education that prepares them for success in a competitive global job market.

Field

Venture Round in 2021
Field develops innovative pharmaceutical supply-chain technology aimed at enhancing healthcare delivery in rapidly growing regions. The company focuses on digitizing and modernizing supply chains, making them more effective and scalable. By providing accessible and efficient solutions, Field strengthens partnerships with communities and supports the promise of healthcare for millions. Its platform is designed to empower governments and businesses, transforming the way healthcare services are provided globally.

Boost Technology

Funding Round in 2021
Boost Technology provides financial B2B commerce platforms. The company provide services that create a tipping point and services that listen, learn, build, and iterate on a shared platform. Boost assists distributors in the trillion-dollar informal economy. Boost is a single, adaptable platform that allows clients to be served in numerous languages and currencies, with multiple catalogues and prices available across channels.

Bongalow

Seed Round in 2021
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.

Ongair

Seed Round in 2021
Ongair Inc. is a technology company that provides a web-based dashboard enabling businesses to utilize popular instant messaging platforms, such as WhatsApp, WeChat, Messenger, Telegram, and Line, for customer service. Founded in 2014 and based in Nairobi, Kenya, Ongair's platform enhances customer engagement by allowing businesses to address inquiries in real-time, fostering a faster and more personal communication experience. The dashboard integrates seamlessly with existing customer service tools like Zendesk, Freshdesk, and Salesforce, empowering organizations across various sectors, including media, e-commerce, education, finance, and nonprofits, to optimize their customer care and retention strategies. By leveraging artificial intelligence, Ongair's software facilitates effective communication, enabling businesses to maintain strong connections with their customers from anywhere.

Lami

Seed Round in 2021
Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.

Moneymie

Venture Round in 2021
Moneymie is a digital bank and transaction platform that specializes in providing banking services through its fintech infrastructure. The company focuses on facilitating USD payments and international wire transfers, making cross-border transactions simple and secure for businesses. Moneymie's platform includes a B2B interface and APIs, allowing companies to efficiently manage payments to various countries. Additionally, Moneymie offers mobile app services, enhancing the user experience and accessibility of its financial solutions.

Afriex

Seed Round in 2021
Afriex Inc. is a mobile payment application developer based in Oakland, California, specializing in overseas money transfer services. Founded in 2019, the company offers a digital wallet application that allows users to send and receive money globally, utilizing stablecoins to ensure fast and cost-effective remittance solutions. Afriex supports transactions to over 30 countries, enabling users to make payments and manage their finances more efficiently at current exchange rates, while also providing various withdrawal options to enhance the user experience.

Termii

Venture Round in 2021
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.

Sote

Seed Round in 2020
Sote, Inc. is a technology company based in San Francisco, California, with an additional office in Nairobi, Kenya. Incorporated in 2017, Sote develops a digital customs clearing and freight forwarding platform tailored for the logistics industry. Its software provides a comprehensive workflow tool that allows industrial cargo owners to manage freight clearing and forwarding processes efficiently. The platform features a dashboard that enables users to track shipment status, payment history, and estimated arrival times for containers, facilitating better coordination among all parties involved in logistics. Additionally, Sote is committed to empowering African businesses by leveraging proprietary trade data to address the trade finance gap in the region. By offering reliable credit, risk management, underwriting, and business intelligence, Sote aims to transform the landscape of trade finance and logistics in Africa.

Ndovu

Pre Seed Round in 2020
Ndovu is a financial advisory platform that provides personalized and cost-effective investment solutions for users seeking to engage with both local and global financial markets. The company employs advanced technology and expert financial advisors to simplify investment processes, making them more accessible to a broader audience. Ndovu's platform features curated investment funds and tailored investment plans that align with individual risk tolerance and financial goals, empowering customers to navigate the complexities of investing and enhance their wealth-building potential.

Evolve Credit

Seed Round in 2020
Evolve Credit is a Nigerian fintech company founded in 2020, headquartered in Lagos. It operates an online platform that empowers consumers to explore, compare, and apply for various loan products tailored to different needs, including personal loans, SME loans, and options for salary earners and the unemployed. The platform provides expert reviews, ratings, and comparisons based on price, interest rates, and other terms. Additionally, Evolve Credit offers a Software as a Service (SaaS) core banking platform that enables financial institutions to streamline, digitize, and manage deposit, lending, and recovery services efficiently. This platform includes no-code tools designed to offer personalized customer banking experiences both online and offline.

Indicina

Seed Round in 2020
Indicina Technologies Limited is a Lagos-based company that offers a digitized credit analysis platform aimed at enhancing consumer finance strategies in Africa. The platform serves a variety of financial institutions, including banks, insurers, and consumer finance companies, by providing tools for creating credit rules and models, conducting credit assessments and scoring, managing loan portfolios, and facilitating loan collections. By leveraging analytics-driven insights, Indicina helps these institutions optimize their credit decision-making processes, improve application acceptance rates, and reduce default rates, thereby contributing to the development of a robust credit infrastructure in the region.

Boost Technology

Pre Seed Round in 2020
Boost Technology provides financial B2B commerce platforms. The company provide services that create a tipping point and services that listen, learn, build, and iterate on a shared platform. Boost assists distributors in the trillion-dollar informal economy. Boost is a single, adaptable platform that allows clients to be served in numerous languages and currencies, with multiple catalogues and prices available across channels.

Releaf

Venture Round in 2020
Releaf is a Nigerian supply chain technology firm established in 2017 that operates as an online marketplace connecting agribusiness buyers and sellers. The company focuses on sourcing ingredients for African food factories, particularly targeting crops such as cassava, palm oil, ginger, cashew nuts, fish, maize, cocoa, kola nuts, yam, and sesame seeds. By utilizing digital technologies, including USSD and open banking, Releaf engages with over 2,000 smallholder farmers, facilitating the supply of high-quality palm kernel nuts to food manufacturers. The firm also provides extension services to these farmers and converts raw materials into factory-grade inputs for the vegetable oil sector. With a vision to create climate-adaptive supply chains in response to Africa's growing population, Releaf aims to enhance efficiency in food production and support the agricultural ecosystem.

Stears

Seed Round in 2020
Stears is a data and intelligence company headquartered in Lagos, Abuja, and London, founded in 2017 by Preston Ideh, Abdul Abdulrahim, Foluso Ogunlana, and Michael Famoroti. Initially established as a media publication known as Stears Business, the company has transformed into a provider of subscription-based data collection tools and insight services designed for businesses and professionals engaged in or investing in Africa. Stears aims to be the most trusted source of African data and insights, offering comprehensive coverage of finance, economics, and development. By sourcing and centralizing data from various local and international sources, Stears creates a knowledge base that enables its audience to access in-depth business news analysis and insights from experts across sectors such as banking, consulting, law, academia, government, and civil society.

MAX

Venture Round in 2019
MAX is a company that specializes in providing motorcycle taxi and transport services, focusing on the last-mile delivery and online retail challenges in Africa. By utilizing mobile and web platforms, MAX connects consumers, retail businesses, and independent drivers in real-time, effectively removing logistical and technological barriers that have hindered retail growth on the continent. Additionally, MAX offers electric and low-emission vehicle subscription services tailored for commercial drivers, promoting financial freedom and wealth creation through vehicle ownership. The company aims to ensure that independent drivers have access to safe, reliable, and sustainable mobility solutions, thereby enhancing the overall transport landscape in Africa.

Kobo360

Seed Round in 2018
Kobo360 is a digital logistics platform founded in 2017 and headquartered in Lagos, Nigeria. It connects manufacturers and cargo owners with truck operators, utilizing technology and data analytics to streamline haulage operations. By creating an integrated logistics ecosystem, Kobo360 aims to enhance supply chain efficiency and reduce costs for all stakeholders, including cargo owners, truck owners, and drivers. The platform addresses logistics challenges by offering real-time visibility, optimizing routes, and improving last-mile delivery. Additionally, Kobo360 is working to enter the agro-trading sector, facilitating a marketplace that directly links farmers with global buyers, thereby reducing reliance on middlemen and increasing profits for smallholder farmers. The company's mission is to develop a comprehensive Global Logistics Operating System that fosters trade and commerce across Africa and emerging markets.
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