Stone Three Venture Technology
Venture Round in 2021
At the time Francois was a student at the University of Stellenbosch’s digital signal processing, which Dave headed up. Together they embarked on a very demanding mission: to create the bespoke, high-end signal processing solutions required to overcome real-world engineering problems. They believe that solving only the most challenging technical feature does not necessarily provide a ‘whole product’. In order for the end-user to experience value, the technology must be packaged into a complete system that integrates seamlessly into his/her environment. Stone Three’s first project was a continuation of Francois’ Masters project – a particle size analyser using acoustic technology, developed for De Beers Diamonds. Since then, their capabilities have evolved from pure signal processing into other areas such as machine vision, software defined radio, data analytics and machine learning, all underpinned by enterprise software development skills (whole product concept). Being located in Cape Town, South Africa enables us to offer a lower cost base to their international customers, while being very competitive in an industry where cultural fit and understanding is key. Today, they employ a number of highly skilled and intuitive engineers, developers, business consultants and operational support personnel. They are the lifeblood of their company and, by extension, of their clients’ companies.
Kandua is an online marketplace for home services. Kandua eliminates all types of risk associated with hiring small, independent contractors to do home renovations, maintenance, and repairs in South Africa. All communication, invoicing, and payments happen through the platform.
Snapplify
Venture Round in 2019
Snapplify (Pty) Ltd. is a South African company that specializes in providing digital publishing solutions for educational institutions and content producers globally. Founded in 2011 and based in Durbanville, Snapplify offers a range of products, including a Newsstand for distributing digital content, an e-Book Store for bulk sales, and a centralized e-Learning Content Cloud for accessing educational materials. Its e-Book Reader supports various devices, making it accessible to students and educators. The company also provides SnappBox, which allows schools to access e-Books via their intranet. Snapplify is recognized for its commitment to enhancing digital learning across Africa, partnering with international publishers to offer a vast selection of curriculum-compliant content. The company has expanded its reach into markets in the United States and across Africa, while also engaging in community initiatives through the Snapplify Foundation to support education and collaboration.
Pura Soda
Series A in 2019
The PURA Beverage Company (PBC) is a company based in Cape Town, South Africa, which manufactures, distributes, markets and sells “better for you” beverages. This better for you category (Evolved Refreshment) is based on global consumer, market research and trends and represents the evolution of beverages, which is rapidly changing consumer drinking habits across the globe. With low sugar and no artificial flavors or coloring, PURA Soda is a challenger brand pioneering the new category “Evolved Refreshment” – being better for you with none of the compromise of taste or refreshment.
PharmaScout
Series A in 2018
PharmaScout is a single point solution developed by 5nines Technologies, a Cape Town based Internet of Things (“IoT”) business, which overcomes a litany of hurdles faced by healthcare professionals wishing to mitigate legal risk and meet regulatory standards imposed to ensure the safety and quality of stored temperature sensitive pharmaceutical products.
Quicket is a cloud-based and self-managed ticketing solution which allows anyone to instantly start selling tickets, marketing and managing their own event within minutes. Being user-friendly and self-managed allows Quicket to cater for the countless smaller event organisers that, before Quicket, had no viable solution in South Africa and currently have no solution in Africa. Quicket also caters for larger events, integrating into the various payment solutions required for event management across Africa.
Fundamo (Proprietary)
Venture Round in 2007
Fundamo (Proprietary) Limited provides mobile financial solutions for banks, financial organizations, and mobile network operators in South Africa and internationally. It offers Fundamo Enterprise Edition, a mobile financial services enterprise platform; Fundamo Mobile Wallet that provides transformational mobile financial services; and Fundamo Mobile Banking that enable banks and financial institutions to provide mobile banking as an electronic channel to access existing accounts. Fundamo (Proprietary) Limited also provides Fundamo Mobile Remittance connecters that offer consumer remittance options for the Fundamo Enterprise Platform owners; mobile commerce modules that provides configurable integrated payment and purchasing options; and mobile debit card modules, which provide facilities to issue a debit card using the Fundamo Mobile Account. The company was founded in 2000 and is based in Cape Town, South Africa. Fundamo (Proprietary) Limited operates as a subsidiary of Sanlam Ltd.
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