Affinity
Seed Round in 2025
Affinity is a financial solutions company that provides financial inclusion, advisory, and literacy services.
ToumAI Analytics
Pre Seed Round in 2025
ToumAI Analytics is a software development company specializing in AI-based multilingual voice technology aimed at transforming customer services. The company focuses on voice analytics and real-time reporting, leveraging artificial intelligence to comprehend customer behavior and gather feedback in seven African languages. By deploying multilingual voice bots, ToumAI Analytics enables its clients to provide efficient and inclusive services for all customers, regardless of their language or ability. This innovative approach allows organizations to enhance customer engagement and improve service delivery across diverse demographics.
PBR Life Sciences
Pre Seed Round in 2024
PBR Life Sciences is a company that specializes in connecting businesses within the life sciences industry with real-world opportunities. It achieves this by leveraging a unique combination of data, technology, and human expertise. The company has developed a cloud-based data platform that provides pharmaceutical companies with valuable insights through data analytics, visualization, and real-world diagnosis and prescription data. This platform enables these companies to optimize their commercial success and effectively navigate market challenges.
Octavia Carbon
Seed Round in 2024
Octavia Carbon is the Global South's pioneering Direct Air Capture (DAC) company, focused on developing innovative technology to filter carbon dioxide directly from the atmosphere. By utilizing Kenya's abundant geothermal energy and geological resources, Octavia Carbon aims to significantly reduce the costs associated with DAC technology. The captured CO2 can be transformed into stable rock formations underground or repurposed as an industrial gas, providing a cleaner alternative to fossil fuels. This approach not only addresses climate change but also supports industrial power users in East Africa, contributing to the fight against energy poverty in the region.
Happy Pay
Pre Seed Round in 2024
Happy Pay is a company focused on developing a credit scoring system that offers consumers a responsible alternative to traditional credit options. It operates a Buy Now Pay Later platform that allows users to make purchases and pay for them over time. To enhance the shopping experience, Happy Pay integrates an autonomous artificial intelligence technology system with merchants' platforms, aiming to increase their average basket size and improve customer conversion rates. By leveraging this innovative technology, Happy Pay seeks to provide a seamless and efficient service that benefits both consumers and merchants.
Cauri Money
Seed Round in 2024
Cauri Money is a financial services company that provides a range of digital solutions for managing and transferring funds. It offers users the ability to exchange, save, and send money through its platform, which includes features such as a wallet with a BG IBAN, peer-to-peer payments, virtual and physical Mastercards, and dedicated financial supervision. The service is accessible to anyone, regardless of their banking affiliation, making it convenient for users to handle daily expenditures and send money to Africa.
Paps
Venture Round in 2024
Paps is a transport and logistics company based in Dakar, Senegal, founded in 2016. It provides innovative distribution and delivery solutions for businesses and merchants through its e-commerce platform, which allows real-time scheduling and tracking of deliveries. Paps specializes in the transportation of documents and parcels, secure storage, and the insured delivery of packages either to relay points or through last-mile services. The company’s logistics application features live tracking, an intelligent address system, and automatic dispatch, ensuring a fully digitalized postal logistics service that facilitates timely movement of shipments. Additionally, Paps offers professional services, including cash on delivery management, courier provision, return management, collection, and periodic reporting, catering to a wide range of logistical needs.
Kredete
Seed Round in 2024
Kredete is a financial technology platform that caters to the needs of African immigrants and businesses in North America. It provides a comprehensive suite of services, including instant foreign exchange rates, low-fee remittances to over 20 countries, and a digital banking experience aimed at enhancing financial health. Additionally, Kredete offers a digital lending marketplace that simplifies the credit application process, enabling users to manage their finances effectively. The platform facilitates loan applications, disbursement, repayment, and collection while also providing access to credit scores and reports. By tailoring credit products to individual needs, Kredete empowers clients to improve their credit scores and achieve better financial outcomes.
VieBeg
Venture Round in 2024
VieBeg operates a data-driven logistics platform focused on the procurement of medical and dental supplies and equipment. By leveraging AI technology, the company enhances inventory management and utilizes real-time data and pattern recognition to streamline the procurement process. This enables healthcare facilities to efficiently manage their stock levels, ensuring they have the appropriate types and quantities of medical supplies readily available for patient care. VieBeg's approach aims to improve accessibility to affordable medical equipment, ultimately supporting healthcare providers in preventing health crises and delivering effective treatment.
Solarbox
Seed Round in 2024
Solarbox is a developer of electric three-wheelers for last-mile logistics. The company's vehicles offer sustainable design, assembly, charging, and battery swapping methods, as well as a heavy load carriage system.
Logistify AI
Seed Round in 2024
Logistify AI operates a platform designed to automate the verification of inventory for producers, retailers, suppliers, and distributors. The company leverages automated CCTV computer vision technology to streamline inventory management in warehouses and factories. Additionally, Logistify AI focuses on developing infrastructure for the last-mile distribution of food and beverages, aiming to reduce delivery costs, labor expenses, and food waste. By doing so, the platform helps inventory managers minimize losses associated with human errors in manual counting, ultimately enhancing the efficiency of global trade.
Periculum
Venture Round in 2024
Periculum is a developer of data analytic software that utilizes artificial intelligence and machine learning to enhance credit assessment processes, particularly in underserved markets. The company focuses on providing an alternative credit assessment platform that leverages alternative data to facilitate economic empowerment. By enabling lenders and financial institutions in Africa to access comprehensive data analytics and tailored credit assessment services, Periculum aims to transform the financial landscape and foster greater economic inclusion for its clients.
Meditect
Venture Round in 2024
Meditect is a social enterprise focused on enhancing the medicine supply chain in sub-Saharan Africa through innovative digital solutions. Operating in Côte d'Ivoire, Senegal, and Cameroon, the company aims to address the challenges of accessing quality medicines amidst a rapidly growing population. Meditect develops AI and blockchain-based software designed to track falsified medicines and improve the distribution of pharmaceuticals. By enabling pharmacists to verify the authenticity of medicines, the company strengthens the legal distribution network and combats the sale of counterfeit products, ultimately improving healthcare outcomes in developing countries.
Maad is a leading B2B marketplace based in Dakar, Senegal, focused on serving small retailers and Fast-Moving Consumer Goods (FMCG) brands in Francophone Africa. The company offers a technology-driven platform that allows retailers to efficiently order products from a centralized source. Maad enhances the purchasing experience by providing services such as mobile ordering, reliable delivery, and access to data on real-time product availability and market share. Additionally, the platform offers targeted promotional services and working capital loans, empowering businesses to strengthen their sales and operational capabilities. Through its innovative approach, Maad is positioned as a vital player in the region's e-commerce landscape.
Zuri
Venture Round in 2024
Zuri provides a variety of looks created by black women for black women. Zuri platform, brand, and finance solutions support Black women business owners' economic mobility.
BFree is a company that specializes in credit management, aiming to enhance the credit collection process through innovative technology. It develops a platform that utilizes artificial intelligence to create ethical credit management tools, prioritizing the financial health of consumers. BFree's approach is centered on helping customers regain control over their finances by facilitating self-administered loan repayments. The company focuses on making the collection process more scalable, efficient, and user-friendly, particularly for individuals in emerging markets. By equipping users with essential financial knowledge and personal budgeting skills, BFree strives to lead customers out of debt sustainably.
Susu
Venture Round in 2023
Susu is a health tech company focused on making healthcare accessible and affordable for individuals within the African diaspora. It offers a comprehensive range of health services, including preventive care, medical treatments, chronic disease management, and the provision of authentic medications. The company operates a platform that delivers health bundle services, ensuring planned, long-term health support for patients. This approach facilitates optimal monitoring of various health conditions, such as pregnancy and chronic diseases, enabling users to access quality healthcare services and insurance. Through its innovative offerings, Susu aims to enhance healthcare access for families across the African diaspora.
The Daily Sale Shop
Pre Seed Round in 2023
The Daily Sale Shop is an online marketplace based in Zimbabwe that provides customers with access to a diverse selection of products. The company is committed to enhancing the shopping experience by offering free nationwide delivery, reliable customer support, and a seamless checkout process. This allows customers to shop conveniently from their homes and receive their orders with ease.
Lengo
Pre Seed Round in 2023
Lengo is an AI-based intelligence platform that serves companies in the fast-moving consumer goods (FMCG) sector, particularly in Africa. The platform leverages data from diverse sources, including retail sales information, to provide a comprehensive database on consumer goods. By analyzing this data, Lengo generates insights into consumer behavior, market trends, and the competitive landscape. This enables brands to make informed decisions regarding their marketing, sales, and distribution strategies, ultimately enhancing their operational effectiveness and market positioning.
Fixit45
Pre Seed Round in 2023
Fixit45 is a provider of comprehensive automobile services designed to connect customers with auto-care service providers. The company offers a range of services, including fleet management, auto parts sourcing and delivery, auto care, refurbishment and upgrades, and repair financing. Additionally, Fixit45 provides mechanic workshop software and conducts pre-purchase inspections, ensuring compliance and accountability throughout its operations. By focusing on transparency and reliability, Fixit45 aims to deliver high-quality aftersales services to customers while engaging multiple stakeholders in the automotive aftermarket.
Zanifu is a regulated financial technology company that specializes in inventory financing for micro, small, and medium enterprises (MSMEs) in Sub-Saharan Africa. The company develops a microlending platform designed to enhance efficiency in supply chain operations, allowing small retailers and wholesalers to access working capital for inventory procurement. With a mobile-first approach, Zanifu's platform is tailored for environments with low internet penetration, enabling users to secure financing and pay suppliers at a later date. By facilitating access to necessary resources, Zanifu supports the growth and sustainability of MSMEs within the consumer goods value chain.
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.
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.
ChekkitApp
Seed Round in 2023
Chekkit is a technology company that provides an anti-counterfeiting solution powered by a DAG blockchain, specifically designed for the food and drug supply chain. The platform enables producers to protect their brands by offering real-time product authentication and tracking of supply chain activities. Additionally, Chekkit facilitates consumer engagement and collects valuable insights from the last mile of the supply chain. By equipping producers of fast-moving consumer goods (FMCG) and pharmaceuticals with tools to combat counterfeiting, Chekkit helps them regain market share and enhance sales while ensuring the integrity of their products.
Peach Payments
Series A in 2023
Peach Payments is a company that specializes in providing payment solutions for online and mobile businesses, facilitating the acceptance of payments from consumers worldwide, with a strong emphasis on emerging markets, particularly in Africa and the BRIC countries. The company has developed an online payment platform that offers a variety of electronic payment services. This platform features a well-documented API for easy integration, allows payment collection through email and SMS, and includes secure tokenization for storing card data. Additionally, it enhances user experience by enabling one-click checkouts, ensuring a safe and efficient transaction process across all digital channels.
Waspito
Seed Round in 2023
Waspito Inc. is a healthcare technology company based in Douala, Cameroon, founded in 2020. It operates an e-health platform that connects the African healthcare ecosystem through a telehealth application. The platform facilitates access to a range of healthcare services, including online consultations with certified medical doctors across various specialties, electronic prescriptions, and health information. Additionally, Waspito offers a delivery service for medications and laboratory tests, enhancing the convenience and affordability of healthcare for its users. The application also features discussion forums for healthcare professionals, fostering collaboration and knowledge sharing within the medical community. Through its innovative approach, Waspito aims to make basic healthcare more accessible to patients throughout Africa.
Credable
Seed Round in 2023
Credable is a digital banking platform that aims to provide financial services to underbanked populations in emerging markets. By partnering with financial institutions and businesses, Credable enables the launch of various financial products, including credit, savings, and payment solutions, on its B2B2C digital infrastructure. This approach connects financial institutions to their customers, empowering end-users with access to essential financial services. By leveraging its platform, Credable allows its partners to concentrate on their core operations while expanding their offerings in the financial services sector.
Affinity
Venture Round in 2023
Affinity is a financial solutions company that provides financial inclusion, advisory, and literacy services.
Mano is an AI-driven marketplace that transforms the on-demand delivery landscape, particularly focusing on the grocery shopping experience in Africa. The company connects users to a diverse range of products, including groceries, restaurant meals, flowers, gifts, electronics, and appliances, facilitating ultra-fast delivery within minutes. By leveraging advanced artificial intelligence, Mano optimizes its logistics and enhances the overall customer experience, allowing for bulk and wholesale ordering tailored for businesses. With a commitment to convenience and efficiency, Mano aims to meet the needs of busy urban consumers, offering quality products at competitive prices while streamlining the shopping process.
Workpay
Seed Round in 2023
Workpay, established in 2017 and headquartered in Nairobi, Kenya, specializes in providing cloud-based payroll, benefits, and human resource management software tailored for small and medium-sized businesses in Africa. Its comprehensive solution includes time and attendance tracking, HR and payroll processing, employee self-service management, and payment processing, including support for mobile wallets. Workpay simplifies employee management and ensures compliance, enabling businesses to hire both local and remote teams across Africa without the need for local entities.
Gigmile
Seed Round in 2023
Gigmile is a financial services company that specializes in supporting gig workers by offering an online lending platform. The company provides essential services and affordable leasing options for productive assets, specifically designed to align with the earnings of gig workers. This approach enables individuals in the mobility industry to operate as entrepreneurs while alleviating concerns related to health, working capital, and emergency expenses. By focusing on the unique needs of gig workers, Gigmile aims to empower them to succeed in their endeavors.
Gameball
Seed Round in 2023
Gameball is a developer of a marketing and customer relationship management platform focused on enhancing customer retention and engagement. The company offers a suite of tools that leverage gamification to create intelligent and customizable loyalty and rewards programs. Its platform includes features such as behavior-based notifications and referral management systems, allowing clients to foster personal experiences tailored to individual customer actions and interests. By facilitating a deeper connection between businesses and their customers, Gameball aims to streamline the user journey and strengthen customer relationships at every interaction point.
Incubate bio
Seed Round in 2023
Incubate Bio specializes in computational biotechnology, focusing on early drug discovery. The company offers in silico data packages that include characterized and prioritized targets and biomarkers with critical evidence for outlicensing. Their platform, ALaSCA, is available to life sciences companies involved in drug discovery, medtech, bioactives research, and agri-tech. Additionally, Incubate Bio provides FlexWell incubation chambers for isolating specimens on slides.
Ollie AI
Seed Round in 2022
Our mission is to create the world's most powerful AI mental health coach, maximizing team performance. Ollie AI Coach is used by 180 organizations in over 18 countries. - 24/7 AI-powered mental health support - 150+ certified mental health experts - First-to-market proprietary mental health data
LNKO is an e-commerce startup focused on providing trendy eyewear through a direct-to-consumer model. By eliminating intermediaries, LNKO offers high-quality glasses and lenses, with products priced at 550 dhs. The company's platform features a diverse collection of optical wearables for both men and women, allowing customers to select from various frame styles and colors. This approach enables LNKO to cater to contemporary fashion trends while maintaining accessibility in the eyewear market.
Kredibank
Seed Round in 2022
Kredi is a neo bank building Africa's one-stop shop for digital financial services. Kredi is a platform that eliminates all the challenges of using multiple applications and allows users to manage all aspects of their financial lives. We are fully licensed by the Central Bank of Nigeria. We provide access to digital financial services such as savings, credit, payment, investments, and insurance to all consumers in Nigeria in one place.
SIDEUP is a comprehensive provider of technological solutions tailored for micro, small, and medium-sized e-commerce businesses. Founded in 2019 by Waleed Rashed, the company offers a range of services designed to facilitate growth and efficiency. SIDEUP connects business owners with suitable courier options, managing last-mile delivery and providing logistics support that includes pickups and product insurance. Its innovative, real-time dashboard allows users to analyze critical data, compare profits and revenue, and streamline their operations. By consolidating logistics and providing insightful tools, SIDEUP helps businesses save time and reduce costs while enhancing delivery success rates and overall customer experience.
- VOO ( www.getvoo.com ) is an End-to-end courier management platform empowering e-commerce businesses in the MENA region - One API Integration connects businesses to a large network of national and international shipping providers from a single dashboard
SmartWage Pty Ltd. is a financial technology company based in Johannesburg, South Africa, that provides innovative payday solutions aimed at enhancing financial wellness for employees. Founded in 2019, SmartWage offers services that allow employees to track their earnings and access their earned salaries on demand. The company also provides salary-packaging administration services to both employers and employees, making it one of the most affordable and accessible options in the South African market. Through its offerings, SmartWage seeks to improve the overall financial well-being of individuals by enabling timely access to earned wages.
Tirhal is a company that develops an online ride-hailing platform designed to facilitate pick-and-drop transportation services. It offers a comprehensive range of services, including travel, restaurant delivery, insurance, e-payments, and express delivery. Customers can choose from various vehicle options such as economy cars, saloons, vans, double cabs, two trucks, and prestige cars, ensuring a safe and comfortable journey tailored to their needs.
Djamo
Venture Round in 2022
Djamo is a financial technology company that offers a financial application enabling customers to utilize their cards without incurring fees across a variety of services. The application provides free and limitless card options that function like standard debit cards, allowing users to set aside funds for savings, monitor their expenses, manage card payments, and exercise control over their withdrawals and overall financial management. Djamo's focus is on enhancing financial accessibility and convenience for its users.
Baia
Pre Seed Round in 2022
BaiaNet operates a cloud-based commerce platform designed to facilitate transactions within informal supply chains, particularly in emerging markets. The company's proprietary AI analyzes each exchange, bid request, payment, and delivery to optimize connections between suppliers, agents, and buyers, thereby increasing economic efficiency and profitability for all participants. BaiaNet enables users to engage in trusted commerce as easily as sending a message, fostering inclusivity and empowering everyone to participate and benefit from the network's growth.
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.
Kashat
Convertible Note in 2022
Kashat is a mobile financial services company focused on addressing the financial needs of the unbanked and underbanked populations in Egypt. Through its user-friendly mobile app, Kashat provides instant small loans to individuals who typically lack access to traditional banking services. The platform employs alternative cellular data to assess creditworthiness for customers with limited credit histories, helping them establish a financial identity. Once approved, users can withdraw their loans via mobile wallets and other digital payment services, ensuring a seamless digital experience. Kashat's mission is to empower its customers by offering accessible and affordable microloans, enabling them to bridge financial gaps and improve their overall financial well-being. The company operates under the regulation of the Financial Regulatory Authority in Egypt.
Bitmama
Pre Seed Round in 2022
Bitmama is a cryptocurrency trading platform that facilitates the buying and selling of various digital assets, including Bitcoin, Ethereum, and Celo, primarily serving the African market. The company provides users with the ability to create personalized wallets and trade digital currencies through its exchange and API services. By integrating with bank accounts, credit or debit cards, and mobile money accounts, Bitmama offers a convenient and secure method for traders to manage their cryptocurrency transactions. Additionally, the platform's software is designed to ensure that users can navigate the trading process efficiently and securely within an encrypted network.
Ollie AI
Pre Seed Round in 2022
Our mission is to create the world's most powerful AI mental health coach, maximizing team performance. Ollie AI Coach is used by 180 organizations in over 18 countries. - 24/7 AI-powered mental health support - 150+ certified mental health experts - First-to-market proprietary mental health data
sens is an innovative company that has transformed market research by integrating the analysis of verbal and non-verbal responses into a single digital platform. This approach yields more stable and reliable data while simplifying and expediting the research process, making it more cost-effective than traditional methods. The platform utilizes advanced AI technology and sensors to provide deep listening capabilities, allowing clients to gain a comprehensive understanding of public perception regarding their brand, product, pitch, or narrative. By delivering qualitative insights in a quantitative format, sens enables precise marketing strategies and storytelling for brands, demonstrating that nearly any aspect of consumer sentiment can be effectively measured.
Credable
Seed Round in 2022
Credable is a digital banking platform that aims to provide financial services to underbanked populations in emerging markets. By partnering with financial institutions and businesses, Credable enables the launch of various financial products, including credit, savings, and payment solutions, on its B2B2C digital infrastructure. This approach connects financial institutions to their customers, empowering end-users with access to essential financial services. By leveraging its platform, Credable allows its partners to concentrate on their core operations while expanding their offerings in the financial services sector.
Shopmeaway
Venture Round in 2022
Shopmeaway is a logistics and e-commerce platform that facilitates access to international products for underserved markets in Africa, Latin America, the Middle East, and Asia. Established in 2018 and initially operational in Senegal, the company addresses the challenges of limited availability and inflated prices for goods in less industrialized countries. By connecting global distributors with local consumers, Shopmeaway provides an integrated solution that includes order placement, payment processing, and optimized cross-border delivery services. In 2023, the company partnered with Amazon to distribute its entire catalog to clients, further enhancing its offerings. Shopmeaway has expanded its operations to Ivory Coast and has plans to enter the Nigerian and Moroccan markets within the next 12 to 16 months. The company aims for long-term growth by reaching additional regions in Latin America, the Middle East, and Asia.
Edves
Venture Round in 2022
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.
Skrmiish
Seed Round in 2022
Skrmiish is a mobile play-to-earn platform designed for gamers to monetize their gameplay across a range of AAA+ video games. The app allows players of all skill levels to earn cash by participating in matches, leveraging a unique system that combines elements of traditional sports betting with video gaming. By syncing performance data from game accounts, Skrmiish generates a skill-based MoneyMatch Rating, enabling gamers to back their own performance for real cash without the necessity of a competitor. This innovative approach provides an opportunity for gamers to earn money while enjoying their favorite games.
Zazuu is a fintech company that provides a platform for sending money across borders, specifically aimed at making remittances more equitable for Africans. The application enables users to search and compare various reputable money transfer providers, ensuring they find the best deals and save money on each transaction. Additionally, Zazuu allows customers to manage multiple currencies, enhancing the flexibility and convenience of cross-border money transfers.
Workpay
Seed Round in 2022
Workpay, established in 2017 and headquartered in Nairobi, Kenya, specializes in providing cloud-based payroll, benefits, and human resource management software tailored for small and medium-sized businesses in Africa. Its comprehensive solution includes time and attendance tracking, HR and payroll processing, employee self-service management, and payment processing, including support for mobile wallets. Workpay simplifies employee management and ensures compliance, enabling businesses to hire both local and remote teams across Africa without the need for local entities.
AFRITRACK
Venture Round in 2022
AFRITRACK specializes in vehicle tracking services, offering a comprehensive Internet of Things (IoT) system for monitoring a wide range of vehicles and equipment. The company provides an accessible portal that supports multiple devices and platforms, including desktop browsers, mobile applications, and SMS notifications. AFRITRACK's product offering includes a variety of tracking devices and solutions designed to centralize data acquisition and facilitate real-time location tracking, enabling clients to efficiently monitor their assets.
LyRise is a developer of a data talent network aimed at connecting and enhancing engineering teams, particularly in the field of artificial intelligence. The company addresses the challenges faced by businesses in sourcing remote AI teams by providing a streamlined process for assessing, training, and facilitating talent acquisition. By optimizing these processes, LyRise enables organizations to access a global workforce of ethically skilled professionals in AI and data, thereby reducing time and resource expenditure associated with recruitment. This innovative approach positions LyRise as a key player in simplifying the development of artificial intelligence solutions for companies.
RightCom
Venture Round in 2022
RightCom is a cloud-based software company specializing in customer experience management services. The company offers a comprehensive suite of enterprise applications designed to enhance customer interactions and drive business success. Its software solutions encompass various functionalities, including survey and data collection, customer service management, queue management, digital signage, facial analysis, appointment booking, and business analytics. By providing these tools, RightCom enables clients to optimize their customer experience strategies, ultimately fostering improved customer satisfaction and revenue growth.
Afrikamart
Seed Round in 2022
Afrikamart is a West African distribution platform focused on fresh produce, serving as a vital link between producers and customers, including retailers, hotels, and restaurants. The company utilizes digital technology and its expertise in the food value chain to facilitate effective communication regarding pricing, product availability, and market forecasts. Afrikamart organizes comprehensive logistics through a network of transporters, ensuring efficient financial and product flows tailored to various purchasing and payment terms. By leveraging artificial intelligence and innovative algorithms, Afrikamart enhances the efficiency, accessibility, and profitability of agribusiness, enabling farmers to engage in fair trade practices. Additionally, the company is committed to empowering underprivileged women and young people, creating economic opportunities while addressing inefficiencies within the food value chain in West Africa.
WafR is a loyalty startup that offers a reward-based platform designed to enhance the shopping experience for users while benefiting retail businesses. The company allows consumers to earn phone recharges through their purchases at participating retail shops. Additionally, WafR provides a mass distribution platform that helps large retailers improve their profit margins. Retailers can utilize the company's application to manage grocery accounts, enabling them to handle transactions and sell goods effectively. By guiding consumer choice and facilitating business dealings, WafR aims to assist its clients in increasing market share, sales volume, and overall profitability.
Shopstar
Venture Round in 2022
Shopstar is an online shopping platform designed to assist South African businesses in establishing and expanding their e-commerce presence. The company provides a comprehensive suite of e-commerce tools that enable entrepreneurs to create and manage their online stores effectively. In addition to essential store setup features, Shopstar offers a built-in drop shipping network and professional design and marketing services. By facilitating access to these resources, Shopstar empowers local businesses to reach a broader customer base, thereby supporting their growth and success in the digital marketplace.
Pharmacy Mart
Seed Round in 2022
Pharmacy Marts is an online business-to-business marketplace based in Cairo, Egypt, that facilitates the procurement of daily prescriptions and medications for pharmacists. Founded in 2021, the platform aggregates offerings from various suppliers, allowing medical providers to list their products in one centralized location. By providing access to discounts and eliminating delivery charges, Pharmacy Marts streamlines the purchasing process for pharmacists, enabling them to efficiently meet their supply needs. The company also integrates fintech and logistics solutions to enhance its marketplace, ensuring that pharmacists can easily find suitable offers for their daily supply requests.
Shop Zetu
Venture Round in 2022
ShopZetu is a fashion technology company that operates an online marketplace aimed at becoming the leading platform for fashion and lifestyle products in East Africa. The company provides a comprehensive e-commerce environment for fashion vendors, offering tailored products that include trendy clothing, footwear, beauty items, and accessories for women, men, and children. By enabling a multi-brand, multi-vendor shopping experience, ShopZetu facilitates online retail for both consumers and vendors, streamlining the process of buying and selling fashion products.
RubyX
Venture Round in 2022
RubyX is a digital lending platform that specializes in microfinance, providing loans targeted at income-generating activities. The company focuses on serving small businesses in emerging markets by facilitating digital lending for service providers. This allows non-lending entities, such as digital platforms, to seamlessly integrate lending features into their services, thereby enhancing access to financial resources for entrepreneurs in these regions. RubyX's innovative approach aims to foster economic growth by providing crucial financial support to small businesses that often struggle to secure traditional financing options.
PayQin
Venture Round in 2022
PayQin Ltd., established in 2017 with headquarters in London, operates an e-wallet platform accessible via a mobile application. This app includes a virtual debit card for online payments, facilitating cross-border transactions for both individuals and businesses. The company aims to simplify international payments by offering low fees, real-time processing, and a user-friendly experience, allowing small and medium-sized enterprises (SMEs) to focus on growth rather than payment complexities. PayQin has additional locations in France and Sweden.
Amanleek
Venture Round in 2022
Amanleek operates an end-to-end digital insurance platform that aims to simplify the purchase and management of insurance products for both individual and business customers. By leveraging technology, Amanleek focuses on enhancing transparency, trust, and innovation within the insurance sector. The company's solutions are designed to make insurance services more accessible and user-friendly, addressing the evolving needs of the market. Through digitization, Amanleek transforms the insurance experience, ensuring that customers can easily navigate the complexities of purchasing and managing their insurance policies.
Spark
Venture Round in 2022
Spark is a financial services company that offers a fintech platform aimed at enhancing the purchasing experience for groups. Its application allows users to chat and conduct business seamlessly in one location while managing group funds according to their preferences. Spark provides joint accounts that facilitate collective ordering, enabling users to access special discounts on food and household items. The platform also ensures that all transaction records are easily accessible and clearly presented, allowing for better financial management and transparency among users.
Kepler +
Venture Round in 2022
Kepler + Co is a company that specializes in advanced learning path analytics and skills gap analysis, aimed at enhancing both individual and organizational capabilities. Its software platform is designed to support the development of competencies that advance employee careers while aligning with organizational objectives. Kepler + Co offers a gamified and transformative learning experience, enabling teams and managers to measure the impact of training interventions effectively. By providing prioritized content, practical applications, and simulations, the company assists organizations in identifying and addressing skills gaps, ensuring a more skilled workforce.
Zuri Health
Pre Seed Round in 2022
Zuri Health is a telemedicine company based in Nairobi, Kenya, established in 2020. It aims to provide affordable and accessible healthcare solutions through its app, website, and SMS services. The platform allows patients to schedule lab and diagnostic tests, consult with doctors via chat, purchase medications from pharmacies, and arrange home visits with qualified medical professionals. Zuri Health also employs an artificial intelligence-powered chatbot to enhance user experience. By catering to individuals without smartphones and those in rural or underserved areas, the company strives to ensure that healthcare is universally accessible, thereby addressing gaps in the traditional healthcare system.
Sayna is an online ecosystem that focuses on providing technology education and skills development to individuals, aimed at reducing unemployment and fostering digital transformation. The platform offers a gamified learning experience where users can acquire tech skills through structured courses. Upon validating their competencies, learners gain access to remunerative microtasks requested by companies, facilitating their entry into the job market. Sayna's approach not only equips youth with essential skills but also connects them to both local and international job opportunities aligned with their training. Additionally, the company is developing a mobile video game to further enhance the learning process.
DigsConnect.com
Seed Round in 2022
DigsConnect is a leading student accommodation marketplace based in Cape Town, South Africa, established in 2017. The platform facilitates connections between property owners and student tenants, as well as between students seeking roommates. By providing a user-friendly interface, DigsConnect enables students to find affordable and safe accommodation options near educational institutions. The company aims to foster a community where individuals can discover suitable living arrangements while building lasting friendships. With a focus on real-time accommodation searches, DigsConnect is committed to addressing the specific needs of its users, ensuring a streamlined experience in the often challenging process of finding student housing.
Africa Foresight Group
Series A in 2022
Africa Foresight Group Ltd is a consulting firm that operates as a freelancing platform, connecting businesses, investment funds, and development partners with a network of freelance management consultants across Africa. Incorporated in 2016 and based in London, with an additional office in Accra, Ghana, the company specializes in a variety of services, including market entry strategy, organizational transformation, business turnaround, and due diligence support. It also offers expertise in creating pitch decks, conducting employee surveys, and performing market and sector studies. Africa Foresight Group serves diverse industries such as agribusiness, renewable energy, education, health, finance, and fast-moving consumer goods, enabling clients to harness local talent and resources for growth and development.
Impulse Biomedical
Seed Round in 2022
Impulse Biomedical is a company focused on the development of medical devices aimed at emergency treatment for conditions such as anaphylaxis, asthma, and allergies. The firm specializes in producing proprietary adrenaline auto-injectors that can be tailored to individual patient needs, including adjustments for needle length and dosage. By offering innovative medical solutions, Impulse Biomedical enables healthcare professionals to access effective technologies that enhance patient care and improve outcomes for chronic conditions. Their commitment to designing advanced medical devices positions them as a vital player in the healthcare sector, focusing on life-saving interventions and the management of allergic responses.
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.
Kamioun
Seed Round in 2022
Kamioun is a mobile platform that facilitates connections between fast-moving consumer goods (FMCG) manufacturers and local retail shops. The platform enables retailers to efficiently source products from a network of reputable manufacturers, simplifying the procurement process with a single interface and competitive pricing. Additionally, Kamioun offers comprehensive e-commerce logistics services, which help small retailers minimize inefficiencies and waste in their supply chains. By streamlining inventory delivery and enhancing accessibility to goods, Kamioun aims to support local retail businesses in optimizing their operations.
Cauri Money
Pre Seed Round in 2022
Cauri Money is a financial services company that provides a range of digital solutions for managing and transferring funds. It offers users the ability to exchange, save, and send money through its platform, which includes features such as a wallet with a BG IBAN, peer-to-peer payments, virtual and physical Mastercards, and dedicated financial supervision. The service is accessible to anyone, regardless of their banking affiliation, making it convenient for users to handle daily expenditures and send money to Africa.
Complete Farmer
Non Equity Assistance in 2022
Complete Farmer Ltd. is an innovative agricultural services company based in Accra, Ghana, founded in 2017. It specializes in building and managing crop farms while providing an end-to-end digital agriculture platform that facilitates the sourcing of quality farm produce. The company leverages Internet of Things technology and machine learning algorithms to enable farm owners to continuously monitor crop health and farming processes. By eliminating intermediaries, Complete Farmer allows individuals globally to conveniently invest in and own farms, thereby promoting food security and supporting nutritious eating. Additionally, the company offers education and training to farmers, ensuring they meet industry specifications and maintain high-quality standards in their produce.
Waspito
Seed Round in 2022
Waspito Inc. is a healthcare technology company based in Douala, Cameroon, founded in 2020. It operates an e-health platform that connects the African healthcare ecosystem through a telehealth application. The platform facilitates access to a range of healthcare services, including online consultations with certified medical doctors across various specialties, electronic prescriptions, and health information. Additionally, Waspito offers a delivery service for medications and laboratory tests, enhancing the convenience and affordability of healthcare for its users. The application also features discussion forums for healthcare professionals, fostering collaboration and knowledge sharing within the medical community. Through its innovative approach, Waspito aims to make basic healthcare more accessible to patients throughout Africa.
Digitech Group
Seed Round in 2022
Digitech provides a fully integrated and cloud-based InsurTech platform to incumbent insurance companies, which aim to attract and reach out to the next consumer emerging segments.
Wattnow
Seed Round in 2022
Wattnow is a company that specializes in energy management solutions, offering a platform designed to monitor and control electric supply. Its real-time monitoring system provides detailed insights into energy spending, helping users identify wasteful trends. By integrating all devices into a single network through the Internet of Things (IoT), Wattnow enables industry owners and facility managers to optimize power consumption without the need for significant alterations to existing setups. The platform delivers actionable insights that facilitate cost reduction and enhance operational efficiency.
Susu
Pre Seed Round in 2022
Susu is a health tech company focused on making healthcare accessible and affordable for individuals within the African diaspora. It offers a comprehensive range of health services, including preventive care, medical treatments, chronic disease management, and the provision of authentic medications. The company operates a platform that delivers health bundle services, ensuring planned, long-term health support for patients. This approach facilitates optimal monitoring of various health conditions, such as pregnancy and chronic diseases, enabling users to access quality healthcare services and insurance. Through its innovative offerings, Susu aims to enhance healthcare access for families across the African diaspora.
GOMYCODE
Venture Round in 2022
GoMyCode is an educational platform that focuses on equipping students with essential digital skills through a blend of online and offline learning experiences. Founded in 2017 and headquartered in Tunis, Tunisia, the company has expanded its presence to Algeria, France, and Morocco. GoMyCode offers a range of training programs in areas such as artificial intelligence, web development, deep learning, DevOps, UX design, and digital marketing. By utilizing data-driven assessments and matching techniques, the platform not only enhances learners' skills but also connects them with global tech opportunities. Its innovative approach aims to empower individuals by providing them with the knowledge and competencies needed for the future workforce.
Happy Pay
Venture Round in 2022
Happy Pay is a company focused on developing a credit scoring system that offers consumers a responsible alternative to traditional credit options. It operates a Buy Now Pay Later platform that allows users to make purchases and pay for them over time. To enhance the shopping experience, Happy Pay integrates an autonomous artificial intelligence technology system with merchants' platforms, aiming to increase their average basket size and improve customer conversion rates. By leveraging this innovative technology, Happy Pay seeks to provide a seamless and efficient service that benefits both consumers and merchants.
Logidoo
Venture Round in 2022
Logidoo is a digital logistics marketplace that focuses on enhancing connectivity between African markets through smart logistics solutions. The company's platform facilitates the shipping of parcels via regular shuttles between Africa and Europe, allowing users to compare various offers for sending and receiving goods. Additionally, the platform provides real-time tracking capabilities, ensuring clients receive reliable, secure, and economical logistics services. By streamlining logistics processes, Logidoo aims to improve efficiency and accessibility in the movement of goods across regions.
Fleri
Venture Round in 2022
Fleri is a social impact fintech company based in Columbus, Ohio, focused on improving the financial remittance process for immigrants. Its primary offering, FleriHealth, allows immigrants to directly arrange and pay for healthcare services for their loved ones in their home countries. This innovative platform eliminates the need for traditional money transfers by providing access to quality healthcare through dedicated family care managers and assigned primary care doctors. Fleri aims to ensure that the funds sent by immigrants are used transparently and effectively for healthcare needs, offering peace of mind to those in the diaspora.
Credrails
Seed Round in 2022
Credrails is a fintech company that specializes in providing infrastructure for open banking. It connects diverse financial data sources such as banks and mobile money services via a unified API, facilitating seamless money transfers and fostering interoperability within Africa's digital economy.
Elevate Pay
Pre Seed Round in 2022
Elevate Pay is a financial technology company that specializes in providing digital banking services and products. The company has developed a digital banking application that allows users to open bank accounts online and access fee-free accounts in both local currency and US dollars. Additionally, Elevate Pay offers free remittance services, enabling users to receive international transfers from various countries without incurring fees. The company also issues a free USD Mastercard, facilitating seamless transactions. Through these offerings, Elevate Pay aims to deliver regulated banking services that are innovative, fair, and accessible, ultimately enhancing the financial well-being of its consumers.
Carscan
Venture Round in 2022
Carscan is a company based in Johannesburg, South Africa, that specializes in developing an augmented reality mobile application designed to document and monitor the visible condition of motor vehicles throughout their life cycle. The application utilizes embedded artificial intelligence and visual recognition technology to create a traceable digital record for each vehicle. This digital record enhances the automotive ecosystem by facilitating processes such as buying, selling, renting, servicing, insuring, financing, and auctioning cars with increased confidence, while also helping to mitigate fraud and reduce industry risks. Additionally, Carscan offers a complementary mobile app called cARtag, which provides near real-time quotes and validation of car conditions from industry experts.
Amitruck
Seed Round in 2022
Amitruck Limited is a logistics platform that connects cargo owners with trucking logistics professionals, streamlining the delivery process. Founded in 2018 and headquartered in Nairobi, Kenya, the company offers a mobile and web-based application that allows customers to easily book deliveries for their loads. Amitruck also provides a driver application, enabling transporters to access clients and communicate effectively. The platform enhances user experience by allowing clients to track their deliveries in real-time, receive timely updates, and obtain instant quotes while ensuring access to the nearest available trucks. Through its intuitive interface, Amitruck aims to improve the efficiency and transparency of the logistics process.
Zanifu is a regulated financial technology company that specializes in inventory financing for micro, small, and medium enterprises (MSMEs) in Sub-Saharan Africa. The company develops a microlending platform designed to enhance efficiency in supply chain operations, allowing small retailers and wholesalers to access working capital for inventory procurement. With a mobile-first approach, Zanifu's platform is tailored for environments with low internet penetration, enabling users to secure financing and pay suppliers at a later date. By facilitating access to necessary resources, Zanifu supports the growth and sustainability of MSMEs within the consumer goods value chain.
Orcas Solutions Limited operates an online marketplace that connects parents and students with experienced and reliable private tutors and babysitters in Egypt, Saudi Arabia, and Pakistan. Founded in 2014 and based in Cairo, the company provides a hybrid tutoring platform that offers live tutoring sessions along with personalized learning plans and courses. This approach enables students to receive tailored educational experiences, enhancing their learning and making education more enjoyable. Through its services, Orcas Solutions aims to empower students and support families in finding quality educational and childcare resources.
Inalipa
Pre Seed Round in 2022
Inalipa is a commerce-focused company that provides a digital commerce solution tailored to the unique needs of businesses, consumers, and distributors. It offers customized services that enhance the shopping experience by allowing users to place a single order from multiple stores, thereby increasing convenience. Additionally, Inalipa operates a media agency that assists clients in developing marketing and communication strategies for digital platforms. The company emphasizes research and development to deliver enterprise services and product development for both business and consumer applications. Through its digital agency, Inalipa equips brands with marketing and public relations expertise, helping them create engaging consumer experiences that foster brand loyalty and drive conversions.
EPUMP
Venture Round in 2022
EPUMP, developed by Africania Computers Ltd, is a Decision Support System designed for the gas station industry. This platform offers cloud-based forecourt automation services, enabling real-time monitoring of sales and operations. EPUMP measures, tracks, manages, and controls fueling expenditures, providing an alternative payment system and enhancing customer services. By streamlining day-to-day fueling transactions, EPUMP benefits both station owners and customers, effectively addressing the need for improved energy automation in the sector.
Raise
Venture Round in 2022
Raise is a financial technology company that offers digital solutions to streamline the fundraising process for startups, founders, investors, and law firms. Its online platform enables users to efficiently manage fundraising efforts, corporate structures, and equity. By automating cap tables and securely storing essential legal documents, Raise allows clients to create data-driven fundraising strategies that clarify company valuation and ownership dynamics before and after capital raises. The platform also facilitates collaboration with potential investors and simplifies the agreement signing process, thereby enhancing decision-making and deal finalization for its users.
Maxicash
Venture Round in 2022
Maxicash is a developer of a payment and remittance application designed for diaspora members to support their loved ones back home financially. The company's application is a financial support ecosystem to cater to untapped markets, enabling users to send money, buy electronic vouchers, buy airtime vouchers, pay for schools and hospitals, and also donate money to churches and NGOs.
HomecomingEx
Venture Round in 2022
HomecomingEx operates an on-demand expertise platform that facilitates instant video consultations with a curated network of experts across various fields and regions. The platform is designed to enable senior professionals from investment funds, management consultancies, multinationals, and non-profits to engage in one-on-one discussions, allowing them to seek insights and answers to critical questions. By streamlining the process of connecting with specialists, HomecomingEx enhances decision-making and knowledge-sharing for its users, fostering a collaborative environment that transcends geographical boundaries.
NUR Meditation
Seed Round in 2022
NUR Meditation is a wellness company focused on providing meditation and personal health services tailored to the Arab world. Through its software platform, NUR Meditation delivers mindfulness and meditation content in various Arabic dialects, making it accessible for a broader audience. The company aims to help customers discover and benefit from the healing processes associated with meditation and mental health practices, fostering a deeper understanding of these techniques within the Arabic-speaking community. By addressing the unique cultural needs of its users, NUR Meditation seeks to promote overall well-being and mental health.
Ceviant
Venture Round in 2022
Ceviant Finance specializes in cloud-based treasury and payment automation solutions. The company provides a comprehensive platform designed to enhance cash and treasury management for businesses. Its offerings include services such as cash liquidity management, virtual accounts, receivables management, electronic invoicing, and working capital loans aimed at facilitating international trade. By enabling businesses to manage multiple bank accounts and centralize their payment processes, Ceviant Finance helps streamline financial operations and improve efficiency in cash forecasting and trade financing.
Limitless Studios
Seed Round in 2022
Limitless Studios is a female-led, venture-backed media company that operates a global animation studio focused on creating diverse and inclusive content for children. The company aims to provide entertaining narratives featuring relatable characters that impart valuable life lessons. Through high-quality 3D animation, Limitless Studios encourages children to discover empowerment through self-love, celebrate their unique differences, and explore cultural identity, fostering a sense of belonging and understanding among its young audience.
ToumAI Analytics
Pre Seed Round in 2022
ToumAI Analytics is a software development company specializing in AI-based multilingual voice technology aimed at transforming customer services. The company focuses on voice analytics and real-time reporting, leveraging artificial intelligence to comprehend customer behavior and gather feedback in seven African languages. By deploying multilingual voice bots, ToumAI Analytics enables its clients to provide efficient and inclusive services for all customers, regardless of their language or ability. This innovative approach allows organizations to enhance customer engagement and improve service delivery across diverse demographics.
WayaMoney
Venture Round in 2022
WayaMoney is a digital banking platform that specializes in providing payment and money transfer solutions across Africa. The platform enables users to send and receive payments instantly and seamlessly, catering to both individuals and businesses. WayaMoney facilitates a range of services, including payments for utility bills, digital satellite television subscriptions, online purchases, and airline ticket bookings. By offering low-cost money transfers, WayaMoney addresses the needs of an increasingly unbanked population and supports small and medium-sized enterprises engaging in cross-border trade. The company's goal is to simplify payment processes and enhance financial inclusion throughout the continent.
Numida Technologies is a digital financial institution based in Kampala, Uganda, founded in 2015. The company specializes in serving micro- and small businesses in East Africa by offering application software that helps these enterprises maintain up-to-date digital financial records. Numida's proprietary credit scoring system enables it to provide unsecured growth and working capital loans to businesses, which not only results in high portfolio yields but also significantly impacts the livelihoods of borrowers. The platform aims to lower risks and costs for lending institutions, leading to improved lending terms for borrowers and fostering a thriving small business sector that creates employment, increases tax revenues, and enhances living standards for entrepreneurs and their staff.