Top 15 Consumer VC (Venture Capital) Funds in South Africa in October 2023

Portfolio highlights

• Sendmarc — Stop cyber criminals from sending emails using your domain and protect your customers, suppliers and employees from cyber attacks with DMARC Security.
• Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
• Numida — Growing African small businesses with affordable, convenient, and fair credit.

Portfolio highlights

• Qwili — Qwili makes smartphones with a voice-guided, local language onboarding experience for new users.
• IPOR Labs — Enter the Credit Hub of DeFi. Lend and borrow at the best defi rates and earn a competitive yield on your crypto, fixed with on-chain interest rate derivatives.
• Zuvy Technologies — Zuvy is a free invoice management software that enables your business to get cash today for unpaid invoices. Get started sending invoices via WhatsApp

Portfolio highlights

• Licify — Licify, a procurement cloud-based platform specialized in the construction industry, has redefined interactions between developers, contractors, sub-contractors and suppliers. It creates a community developing transparent and efficient realtionships allthrough the value chain. This improves the procurement and supply processes, generating savingsand increasing profitability.
• Bababos — Bababos is a platform that allows SME manufacturers to quickly access a variety of high-quality raw materials, from polymers and chemicals to steel and other metal products. This eliminates the need to handle numerous suppliers. The company's platform streamlines the buying process by digitizing administrative duties. Additionally, Bababosprovides manufacturers with flexible payment options that lessen their financial burden and enable them to concentrate on what they do best—producing high-quality products. Bababos enhances the SME producers' supply chains.
• Channel19 — Channel19 is building a platform for small truckers to aggregate freight from all of their digital broker and load board relationships in one place and find the best freight to move for their business. Truckers using Channel19 earn up to 20% more revenue and can save over $3,000 per truck per year in dispatch.

Portfolio highlights

• Qwili — Qwili makes smartphones with a voice-guided, local language onboarding experience for new users.
• EcomXML — EcomXML is a leading e-commerce solution provider for business-to-business (B2B) enterprise integration. EcomXML provides companies with enterprise integration solutions to link their buyers, suppliers and e-commerce portals together to streamline their e-business in real-time through the Internet. EcomXML utilizes open XML technology to achieveboth inter-company and intra-company integration regardless their existing technology infrastructure.
• StarCite — StarCite's online business-to-business software and services allow corporations to purchase and manage products and services related to their company meetings and events.

Portfolio highlights

• Qwili — Qwili makes smartphones with a voice-guided, local language onboarding experience for new users.
• ImaliPay — ImaliPay is a financial health platform offering financial products to freelancers and blue collar gig workers in partnership with gig platforms.

Portfolio highlights

• Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
• Root — Programmable insurance that you can integrate into your product or service with ease
• Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.

Portfolio highlights

• Arcadia — Arcadia unlocks access to global utility data. Our technology powers the next generation of climate solutions, giving anyone the tools to electrify and decarbonize.
• TIFIN — TIFIN builds engaging fintech experiences through powerful AI and investment-driven personalization.
• MineSense Technologies — MineSense Technologies is a developer of a data analytics platform intended to monitor and improve the productivity and recovery of mines. The company's platform provides businesses with real-time, sensor-based sorting of low-grade ore to a level of sensitivity and to identify differences in mineralogy, enabling the mining industry to sortores easily and enhance mineral planning.MineSense Technologies was founded in 2008 and is headquartered in Vancouver, Canada.

Portfolio highlights

• Inoxico — Inoxico is a provider of business-to-business credit risk solutions. We combine quality data and cutting edge technology to deliver predictive analytics.
• Kombo King — Kombo King Ventless Fryer Tech removes the need for plumes of steam & the constant eye of an inconsistent employee to Revolutionize & solve the frying industry!
• Kusini Water — Kusini Water builds water treatment systems from nanotechnology and macadamia nut shells.

Portfolio highlights

• Azaneo — Azaneo develops lightning-fast electric weeding technology. Using only electrons - herbicide free.
• Atinary — Atinary is an end-to-end AI, machine learning, robotics, and cloud computing technology platform for digitizing R&D operations.
• Nium — Nium is creating nanotechnology that has a patent application, significantly reducing temperature, pressure, and overall emissions to produce cleaner, cooler, and greener ammonia. They formed carbon 13 for the climate emergency.

Portfolio highlights

• AdMob — Earn more from your mobile apps using in-app ads to generate revenue, gain actionable insights, and grow your app with easy-to-use tools.
• Efhtight — Secret to way company of Efhtight
• Inflection AI — We are an AI studio creating a personal AI for everyone.

Portfolio highlights

• Syscap — Syscap is a financial technology company that offers cutting-edge solutions to financial institutions to have a better administration and management of their funding sources. It connects the leaders of financial and real estate institutions with their funders. For institutions, the company ensures the optimization of their funding source managementprocesses, but also the strengthening of the relationship with their funders. To funders, Syscap guarantees the transparency and timely monitoring of its funds for the safety and growth of its resources.
• Godochurch — GoDoChurch is a cloud-based church administration software which is designed to assist Christian churches and ministries with managing members, Sunday services, events, communications, and more. The system is made up of a base package, covering messaging, news, ministries, lists, church roles, services, events, and growth paths, with additionalmodules for managing follow-ups, groups, and Kids church.
• Ikeja Wireless — Welcome to your Ikeja. We are a home-grown tech company that builds services enabling affordable internet access to Ekasi. We may have coverage in your area!

Portfolio highlights

• Mobiz — Supercharge your SMS marketing with dynamic, high-converting landing pages sent directly into the hands of your customers.
• HomeFarm — What Homefarm is all about. Homefarm brings smart, indoor gardens to homes and businesses across South Africa and Europe.
• Right Now Response — Your go-to for expert breakdown assistance. Our dedicated team ensures you're back on the road swiftly and safely. Contact us for reliable support today!

Portfolio highlights

• Cyvl.ai — Next-gen infrastructure asset management for governments and civil engineers. Powered by Cyvl's 3D scanning sensors and artificial intelligence algorithms.
• Slate Milk — Slate is a line of delicious, lower sugar, higher protein, lactose free chocolate milks and lattes for healthy-minded people.
• Surround Insurance — Helping consumers in their 20s and 30s get started with insurance that's fast, simple, and personalized for modern life.

Portfolio highlights

• Octiv — Octiv is a well-known platform for gym management software.
• wamly — Streamline your hiring process and save 70% of your hiring hours with Wamly's our one-way video interview software.
• VoxCroft — VoxCroft is making the world a better, safer place with population-centric intelligence.

Portfolio highlights

• Talk360 — Talk360 is an easy-to-use calling app that helps people make affordable international calls to any mobile and landline number. They believe that reliable communication and digital services must be affordable and accessible to everyone, regardless of someone's background. Especially people in emerging countries in Africa, who often need theseservices the most, do not always have the necessary banking possibilities. To bridge this distance, Talk360 will launch the world's first single checkout platform for Africa. This platform will combine all locally available payment methods and currencies across Africa, together with over 1.25 million cash points of sales, and will eventually be available to other companies as well. This means that 500 million Africans will be able to purchase digital services they never had access to before.
• SweepSouth — Book a home cleaning online from your mobile, tablet or computer. SweepSouth connects you with a cleaner in minutes. Cleaners are experienced, reliable, efficient and insured.
• Yebo Fresh — Powering South Africa's Township Economy.