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Top 50 Enterprise Startup Investors in South Africa (May 2026)

The most active venture capital funds and angel investors investing in South Africa Enterprise startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Africa Enterprise startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
AngelHub Ventures
VC Fund
7 South Africa Seed, Series A Software, Information Technology, Education $300k–$1.7M
Kalon Venture Partners
VC Fund
7 South Africa, Luxembourg, United States Seed, Series A Apps, Mobile Apps, Software $539k–$3M
Knife Capital
VC Fund
6 South Africa, United States, Sweden Series A, Seed Software, Information Technology, Manufacturing $2M–$6M
4Di Capital
VC Fund
5 South Africa, United States, Uganda Seed, Series A, Series B Software, Mobile, Financial Services $431k–$6.4M
LoftyInc Capital Management
VC Fund
5 United States, Nigeria, Egypt Seed, Pre-Seed, Series A FinTech, Financial Services, Software $100k–$15M
Investec
VC Fund
5 United States, United Kingdom, Australia Debt Financing, Series A Software, Financial Services, Energy $1M–$215M
Vinny Lingham
Angel
4 United States, South Africa, United Kingdom Seed, Angel Blockchain, Internet, Cryptocurrency $125k–$3.3M
SEEK
VC Fund
4 Australia, United States, United Kingdom Series A, Series B Human Resources, Recruiting, Software $4.6M–$70M
Yossi Hasson
Angel
4 South Africa, United States, Ghana Seed, Pre-Seed, Series A Financial Services, Blockchain, Payments $120k–$539k
Nedbank Corporate and Investment Banking
VC Fund
4 South Africa, United States Series A, Seed Data Center, Health Care, Life Science
HAVAÍC
VC Fund
3 South Africa, United States, Kenya Seed, Pre-Seed Health Care, Financial Services, Software $54k–$4M
Oui Capital
VC Fund
3 Kenya, Nigeria, United States Pre-Seed, Seed Transportation, Information Technology, B2B $40k–$1.1M
Naspers Foundry
VC Fund
3 South Africa, United Kingdom Seed, Series B, Series A Financial Services, Insurance, Information Technology $809k–$15M
Musha Ventures
VC Fund
3 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Financial Services, Software, FinTech $50k–$10M
Old Mutual Investment Group
VC Fund
3 South Africa, Malawi, Australia Private Equity, Series A Retail, FinTech, Finance $4.3M–$15M
Technology Innovation Agency
VC Fund
3 South Africa Grant, Seed, Pre-Seed Information Technology, Renewable Energy, Health Care $20k–$1M
Compass Venture Capital
VC Fund
3 Mauritius, India, France Series A, Seed, Pre-Seed Information Technology, Financial Services, Big Data $30k–$2M
Black Silver Capital
VC Fund
3 South Africa Seed, Pre-Seed, Series A Information Technology, FinTech, Finance $243k–$9.1M
Kepple Africa Ventures
VC Fund
3 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $100k–$4.5M
Future Africa
VC Fund
3 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $40k–$20M
Newtown Partners
VC Fund
3 South Africa, Kenya, Nigeria Seed, Series A Logistics, Health Care, Information Technology $600k–$7M
Vumela Fund
VC Fund
2 South Africa, Brazil Seed, Debt Financing Education, Software, Primary Education
TTV Capital
VC Fund
2 United States, Canada, Ireland Series A, Seed, Series B FinTech, Financial Services, Software $3M–$35M
E4EAfrica
VC Fund
2 South Africa, France, The Netherlands Seed, Series A, Series B Internet, Logistics, E-Commerce $1M–$5.3M
Enygma Ventures
VC Fund
2 South Africa, Zambia Seed Financial Services, Education, Marketing
Technova
VC Fund
2 South Africa Seed, Series A Data Center, Information Technology
Savannah Fund
VC Fund
2 Kenya, United States, South Africa Seed, Series A, Pre-Seed E-Commerce, FinTech, Information Technology $25k–$8M
Tahseen Consulting
VC Fund
2 India, Peru, Kenya Seed, Series A, Angel Information Technology, E-Commerce, Consumer Goods $150k–$2M
Justin Stanford
Angel
2 South Africa Seed, Angel, Series A FinTech, Financial Services, Security $3.4M–$6.4M
Soma Capital
VC Fund
2 United States, India, Mexico Seed, Pre-Seed, Series A Software, FinTech, Financial Services $150k–$22M
Grand Bay Investments
VC Fund
2 South Africa Seed, Series A Data Center, Information Technology
Crossfin Technology
VC Fund
2 South Africa, United States, Russian Federation Series A, Private Equity Payments, Financial Services, Information Technology
4 Decades Capital
VC Fund
2 South Africa Seed Apps, Travel, Big Data
Hustle Fund
VC Fund
2 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $77k–$40M
CRE Venture Capital
VC Fund
2 South Africa, Nigeria, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Software $250k–$20M
Konvoy
VC Fund
2 United States, Canada, Sweden Seed, Series A, Series B Gaming, Video Games, Software $500k–$10M
Sebastian Stoddart
Angel
2 United Kingdom, South Africa Seed, Angel, Pre-Seed Rental, Internet, Analytics
Imvelo Ventures
VC Fund
2 South Africa Seed Software, FinTech, Financial Services $539k–$2M
Riot Games
VC Fund
2 United States, Germany, China Seed, Series A Gaming, Video Games, Mobile Apps $2M–$4.7M
Launch Africa
VC Fund
2 Nigeria, South Africa, Kenya Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$3M
Raine Ventures
VC Fund
2 United States, Israel, Sweden Series A, Series B, Seed Mobile, Gaming, Internet $2M–$85M
LeapFrog Investments
VC Fund
1 India, Ghana, Nigeria Private Equity, Series D Financial Services, Finance, FinTech $6.8M–$110M
Merrill Lynch
VC Fund
1 United States, India, United Kingdom Series B, Series C Software, Information Technology, Internet $10M–$85M
SAAD Investment Holdings
VC Fund
1 South Africa Delivery, Logistics, Last Mile Transportation
Connectivity Ventures Fund
VC Fund
1 United States, South Africa Series A, Seed Software, SaaS, Health Care $1M–$56M
Johan Dekker
Angel
1 South Africa Delivery, Logistics, Last Mile Transportation
Bloc Smart Africa Fund
VC Fund
1 Senegal, Cameroon, South Africa Seed Apps, Internet, Wireless
LogicBoost Labs
VC Fund
1 United States, Israel, South Africa Seed, Pre-Seed Software, Apps, Information Technology $300k–$3M
Andreessen Horowitz
VC Fund
1 United States, United Kingdom, Canada Series A, Series B, Seed Software, Information Technology, Internet $1.4M–$100M
Tsing Capital
VC Fund
1 China, United States, Canada Series A, Series B Electronics, Energy, Manufacturing $2.7M–$65M
Access all 1 investors in South Africa Enterprise startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

AngelHub Ventures
VC Fund · Stellenbosch, NA - South Africa, South Africa · 7 investments in South Africa Enterprise startups

Operating out of Stellenbosch in South Africa and backed by two family offices Angelhub Ventures's team is passionate about early stage investments in (South) Africa. Being entrepreneurial ourselves, we thoroughly understand the challenges and changes our founders face – which is why we back them in any way we can. Most importantly, we believein building great businesses and we are in it for the long haul.

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Investment focus

  • Industry: Software, Information Technology, Education
  • Stage:Seed, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 12
  • Round size: Series A $300k–$1.7M
  • Lead/follow: 83% lead, 17% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

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!
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Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 7 investments in South Africa Enterprise startups

A growing number of South Africans are investing in venture capital companies that operate under Section 12J of the Income Tax Act. Contact us now.

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Investment focus

  • Industry: Apps, Mobile Apps, Software
  • Stage:Seed, Series A
  • Geography: South Africa, Luxembourg, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $539k–$3M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • GoMetro — GoMetro designs deploy and operate flexible mobility platforms. Their proprietary technology stack empowers city leaders, transport managers, corporates, retail centres, property developers, airports and downtown to introduce bold new mobility strategies. Their connected transport digital platform equips transport planners to respond to thechallenges of increased congestion, aged infrastructure, disruptive mobility players, self-driving vehicles and a lack of quality public transport services.
  • 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.
  • Sendmarc — Stop cyber criminals from sending emails using your domain and protect your customers, suppliers and employees from cyber attacks with DMARC Security.
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Knife Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 6 investments in South Africa Enterprise startups

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Investment focus

  • Industry: Software, Information Technology, Manufacturing
  • Stage:Series A, Seed
  • Geography: South Africa, United States, Sweden

Investor stats

  • Total investments: 23
  • Round size: Series A $2M–$6M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2021

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.
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4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 5 investments in South Africa Enterprise startups

4Di Capital is a Cape Town-based venture capital fund management firm focused on early-stage technology investments in sub-Saharan Africa.

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Investment focus

  • Industry: Software, Mobile, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, United States, Uganda

Investor stats

  • Total investments: 27
  • Round size: Seed $431k–$1.7M; Series A $3.4M–$6.4M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

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.
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LoftyInc Capital Management
VC Fund · Carmel, California, United States · 5 investments in South Africa Enterprise startups

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Egypt

Investor stats

  • Total investments: 111
  • Round size: Seed $100k–$3.2M; Pre-Seed $100k–$2M; Series A $250k–$15M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Craydel — Get Professional career guidance based on Psychometric Assessments and get scholarships to the best MBA, Engineering, Medical, Education online and on campus courses in Africa and Abroad.
  • EMTECH — For Modern Central Banking
  • Terragon Group — Terragon is a leading Data and Marketing Technology company that uses data and analytics to help companies focused in Africa, intelligently connect at scale to their customers. We use an aggregation of online and offline data, and predictive scoring to help brands, marketing agencies and platforms accurately target people across channels anddevices. Headquartered in Lagos; Nigeria, we also have a presence in Kenya, South Africa, Ghana and India.
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Investec
VC Fund · Cape Town, NA - South Africa, South Africa · 5 investments in South Africa Enterprise startups

Welcome to Investec. Find out more about us, our businesses, sponsorships and career opportunities.

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Investment focus

  • Industry: Software, Financial Services, Energy
  • Stage:Debt Financing, Series A
  • Geography: United States, United Kingdom, Australia

Investor stats

  • Total investments: 63
  • Round size: Series A $1M–$20M; Debt Financing $105M–$215M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Adumo — We are your expert partner in payments, enabling you to seamlessly and securely accept payments in-store and online with our true omni-channel experience. Never miss a sale with South Africa's largest independent payments processor.
  • Hecate Energy — Hecate Energy is a developer of solar, wind, and energy storage projects.
  • Pulse Clean Energy — Pulse Clean Energy builds and operates power stations. We deliver power into the UK’s network when it is most needed.
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Vinny Lingham
Angel · San Francisco Bay Area, California, United States · 4 investments in South Africa Enterprise startups

Vinny Lingham is Co-Founder & CEO at Civic. He was the founder and CEO of Gyft, a mobile gift card app that allows customers to buy, store, send and redeem gift cards conveniently from their mobile device. He is also the founder of Yola.com, a web development and hosting company that enables users without prior programming knowledge to developwebsites. Vinny is the recipient of numerous awards, including Top Young ICT Entrepreneur in Africa (2006) and was also a finalist for Men’s Health Best Man (2009) and ICT Personality of the Year in South Africa (2008). He also previously founded Clicks2Customers, which also won the Top Technology Company award in South Africa in 2006. He has previously served on marketing advisory boards for Nasdaq listed Valueclick and Yahoo, was also selected as an Endeavor “High Impact Entrepreneur” in 2006. Vinny studied a B.Com (Information Systems) at the University of Cape Town.

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Investment focus

  • Industry: Blockchain, Internet, Cryptocurrency
  • Stage:Seed, Angel
  • Geography: United States, South Africa, United Kingdom

Investor stats

  • Total investments: 34
  • Round size: Seed $600k–$3.3M; Angel $125k–$500k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • TipLink — TipLink helps send crypto with a link. Someone with crypto can create a account and send that link to anyone over any platform. It’s like buying a gift card, connect the client's crypto wallet of choice and create a account by depositing how much they want to send.
  • Afterparty — Your favorite creators are here! Get 1 on 1 unfiltered experiences with creators through Afterparty livestreams or chat 24/7 through AI powered conversations
  • Collectibles.com — Collectibles.com is a Web3 community and marketplace for collectors and the worldwide collectibles sector.
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SEEK
VC Fund · North Sydney, New South Wales, Australia · 4 investments in South Africa Enterprise startups

SEEK is a diverse group of companies that have a unified purpose to help people live more fulfilling and productive working lives and help organizations succeed. The Group encompasses a strong portfolio of employment, education, and volunteer businesses which span across Australia, New Zealand, China, South East Asia, Brazil, Mexico, Africa, andBangladesh. SEEK makes a positive impact on a truly global scale, operating in a total of 18 countries with market-leading positions in 14 countries. It creates world-class product technology solutions to address the needs of job seekers and hirers and facilitate the matching between job seekers and hirers across our online employment marketplaces. Online Education Services (‘OES’) offers leading online education and SEEK Learning offers trusted advice in relation to career-related education. SEEK’s commitment to having a positive impact on society is reflected through the diverse range of initiatives which its businesses across the globe partake in to support the communities they operate within. In Australia and New Zealand SEEK Volunteer is each country’s largest single source of volunteering opportunities offering not-for-profit organizations free access to post volunteer opportunities. This free marketplace is something SEEK is exceptionally proud of. Over its 20 years of operation, SEEK continues to innovate within the markets it operates in. It provides a culture of excellence and acceptance in our workplaces and celebrates the diversity of employees that contribute to the success of the organization.

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Investment focus

  • Industry: Human Resources, Recruiting, Software
  • Stage:Series A, Series B
  • Geography: Australia, United States, United Kingdom

Investor stats

  • Total investments: 44
  • Round size: Series A $4.6M–$26M; Series B $5.1M–$70M
  • Lead/follow: 59% lead, 41% follow

Portfolio highlights

  • MyTutor — MyTutor provides secondary school learners with online access to over 7,000 Russell Group university students, reducing the time, hassle and cost of finding a subject expert locally.Lessons take place in their innovative online lesson space, which allows parents to substitute expensive tutors coming to their house, for live, one-to-one sessionswith young, bright and successful undergraduates. If the pupil forgets something, every session is recorded, so they can play it back after.They also partner with schools and universities to provide larger contracts for pupils from disadvantaged backgrounds. School teachers stay up-to-date with the programme through a personalised online dashboard.The company has grown at 3x YoY for the last three years, with 200,000+ bookings and applications from 50,000 tutors. At the same time quality has been maintained, with 70,000+ 5* reviews and every tutor personally interviewed.MyTutor was founded by Robert Grabiner, Bertie Hubbard and James Grant.
  • Employment Hero — Employment Hero is Australia's top cloud-based HR, payroll and benefits platform for employers & employees. FREE trial for...
  • Talespin — Talespin is building the XR platform to power knowledge transfer and skill alignment for the future of employment
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Yossi Hasson
Angel · Cape Town, NA - South Africa, South Africa · 4 investments in South Africa Enterprise startups

Yossi Hasson is the Co-Founder and CEO of Metaversal and a Venture Partner at 2048 Ventures. He is also a Non-Executive Director of WeThinkCode_. Prior to that, he was the Managing Director of Techstars. He attended Stanford University Graduate School of Business and the University of Pretoria/Universiteit van Pretoria.

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Investment focus

  • Industry: Financial Services, Blockchain, Payments
  • Stage:Seed, Pre-Seed, Series A
  • Geography: South Africa, United States, Ghana

Investor stats

  • Total investments: 28
  • Round size: Seed $120k–$539k
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Ozow — i-Pay is an instant EFT payment service in South Africa that allows your customer to make secure online payments directly into your bank account in real time.
  • Howler — Howler, is the powerful event technology platform designed at the uppermost benchmarks of service and technology to help consumers and event organisers to make moments that matter.
  • The Sun Exchange — The Sun Exchange is the peer-to-peer solar leasing marketplace. We leverage financial innovation and the power of the crowd to drive sustainable energy development and make the environmental, social and economic benefits of solar accessible and affordable for all. Through the Sun Exchange online platform, anyone, anywhere in the world, can buyremotely-located solar cells and then lease them to power businesses and organisations in sunny emerging markets. Solar cell owners earn income from the electricity that’s generated, while schools, businesses, clinics and other organisations gain access to affordable clean energy, reducing electricity costs and carbon emissions.
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Nedbank Corporate and Investment Banking
VC Fund · Sandown, NA - South Africa, South Africa · 4 investments in South Africa Enterprise startups

Nedbank Corporate and Investment Banking is offers corporate and investment banking and global-market services to diverse clients.

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Investment focus

  • Industry: Data Center, Health Care, Life Science
  • Stage:Series A, Seed
  • Geography: South Africa, United States

Investor stats

  • Total investments: 5
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • LifeQ — We empower everyone to delay aging, optimize your health, harness more energy, reduce the probability of disease, and understand why and how your body is changing, right now! It is in your power to be your biologically younger self.
  • Omnisient | Collaborative Consumer Intelligence — Omnisient is a privacy-preserving data collaboration platform that allows businesses to collaborate on data insights on consumer behaviour and preferences without sharing consumers' identities or contact information.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Enterprise startups

HAVAÍC is an investment and advisory firm that specialises in early-stage, high-growth African businesses with proven concepts and global prospects, offering investment opportunities to sophisticated investors and international venture capital companies with an interest in Africa. As a complementary offering, HAVAÍC provides corporate advisory andcapital raising services to emerging, internationally scalable businesses.

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Investment focus

  • Industry: Health Care, Financial Services, Software
  • Stage:Seed, Pre-Seed
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 22
  • Round size: Seed $54k–$4M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

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.
  • FinAccess — FinAccess is a banking software for microfinance organisations.
  • 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!
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Oui Capital
VC Fund · Belmont, Massachusetts, United States · 3 investments in South Africa Enterprise startups

Oui Capital is an Africa-focused VC firm backing tech-enabled businesses at the pre-seed & seed stage.

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Investment focus

  • Industry: Transportation, Information Technology, B2B
  • Stage:Pre-Seed, Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 22
  • Round size: Pre-Seed $40k–$1.1M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Duplo — We enable businesses across Africa to simplify their payment flows.
  • Ndovu — Secure your investments in both local and global financial markets on ndovu - a secure, affordable, hassle-free online investment platform in Africa designed to work your money
  • Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
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Naspers Foundry
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Enterprise startups

Naspers Foundry is a global internet group and invests in technology-based companies. The company believes in the power of local backed by global scale and they look for opportunities to address big societal needs in markets where they see the greatest growth potential.

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Investment focus

  • Industry: Financial Services, Insurance, Information Technology
  • Stage:Seed, Series B, Series A
  • Geography: South Africa, United Kingdom

Investor stats

  • Total investments: 13
  • Round size: Seed $809k–$5.7M; Series A $2.9M–$15M; Series B $1.8M–$14M
  • Lead/follow: 92% lead, 8% follow

Portfolio highlights

  • Nile.ag — Nile connects fresh produce buyers and producers by providing a platform for direct and secure transactions
  • LifeCheq — LifeCheq is a startup offering digitized, and holistic personal finance.
  • 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.
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Musha Ventures
VC Fund · New York, New York, United States · 3 investments in South Africa Enterprise startups

Seed capital for technology startups globally.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 131
  • Round size: Seed $120k–$3M; Pre-Seed $50k–$3.8M; Series A $2.5M–$10M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Terraa — Terraa is a B2B distribution platform in Moroccan.
  • OmniBiz — Omnibiz is a digital platform for small businesses willing to attract new customers.
  • Revivo — Revivo is an online marketplace for electronics spare parts, tools & accessories.
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Old Mutual Investment Group
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Enterprise startups

As a leading African investment manager, we aim to deliver sustainable long-term returns for clients via our comprehensive range of investment capabilities.

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Investment focus

  • Industry: Retail, FinTech, Finance
  • Stage:Private Equity, Series A
  • Geography: South Africa, Malawi, Australia

Investor stats

  • Total investments: 13
  • Round size: Series A $4.3M–$15M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • CoverGo — CoverGo is the ultimate no-code insurance platform helping insurance companies build and launch products at record speed and configured for every product line.
  • Gala Macs — Gala Macs is an agricultural company engaged in the production of macadamia nuts.
  • Pineapple — In short, Pineapple see the traditional insurance model, user journey and products as lacking and set out to remedy these by doing the following: 1) Changing the business model to align incentives, show people how premiums are used and award members leftover premium back 2) Making insuring as easy as snapping a picture where AI does the rest andcover is issued in under 60 seconds 3) Allowing per-item insurance and new product innovation to address cover not currently offered or accessible to manyPineapple launched in South Africa in 2018 with their "My Stuff" per-item insurance and have since launched their auto offering "My Ride". They have also partnered with Travelers in the US and have white-labeled their platform in the US.
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Technology Innovation Agency
VC Fund · Pretoria, NA - South Africa, South Africa · 3 investments in South Africa Enterprise startups

TIA is an initiative of the Department of Science & Technology (DST) in South Africa, to enable and support technological innovation.

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Investment focus

  • Industry: Information Technology, Renewable Energy, Health Care
  • Stage:Grant, Seed, Pre-Seed
  • Geography: South Africa

Investor stats

  • Total investments: 13
  • Round size: Seed $46k–$318k; Grant $20k–$1M
  • Lead/follow: 92% lead, 8% follow

Portfolio highlights

  • Jobox — Jobox is a student recruitment platform, built to connect employers, students and graduate career offices. Our focus is to improve graduate employability by ensuring all students have the skills they need to enter, stay in, and progress in the world of work.Jobox’s ecosystem provides employers with access to the best diverse & youthfultalent, students with more employment opportunities and universities with data-driven insights aimed at driving graduate employability forward.
  • Aviro Health — We believe that empowering and supporting people to manage their own health benefits everybody.We built the Aviro Pocket Clinic to support self-care and provide access to services. We give people what they need to perform important health checks like regular HIV self-testing and connect them to experts and services who can offer hands-on and supported care when needed.
  • Ownedby Technologies — Ownedby is an interactive asset management solution for business and household assets, focused on appliances and devices, giving these unique identity that is traceable online, yet linked to and controlled by owners.
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Compass Venture Capital
VC Fund · Moka, Moka, Mauritius · 3 investments in South Africa Enterprise startups

Compass is a venture capital fund. We invest in start-ups with scalable business models and strong growth potential. We work with companies based in Mauritius, the Indian Ocean region and the African continent. Compass is wholly owned by and benefits from support from the ENL Group, one of Mauritius’ largest business conglomerates. Alongside theTurbine, our sister organisation and the region’s leading incubator and start-up accelerator, Compass is working to create a vibrant, sustainable start-up ecosystem in Mauritius and the Indian Ocean.

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Investment focus

  • Industry: Information Technology, Financial Services, Big Data
  • Stage:Series A, Seed, Pre-Seed
  • Geography: Mauritius, India, France

Investor stats

  • Total investments: 9
  • Round size: Seed $30k–$1.4M; Series A $1M–$2M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • Omnisient | Collaborative Consumer Intelligence — Omnisient is a privacy-preserving data collaboration platform that allows businesses to collaborate on data insights on consumer behaviour and preferences without sharing consumers' identities or contact information.
  • FCB.ai — FCB.ai is the conductor of a conversational AI ecosystem to produce impactful onboarding and servicing customer experiences.
  • Shortlist — Shortlist works with impact-first organizations to find top talent by using recruiting technology and human touch to go beyond CVs.
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Black Silver Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Enterprise startups

Black Silver Capital invests in and builds a portfolio of high growth companies and businesses with innovative business models, geared to existing and emerging institutions and their customers. We invest growth capital in the form of equity to be used to assist established, but still high-risk ventures in expanding activity such as creatingadditional traction launching products into diverse markets as well as creating new products & technology lines.

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Investment focus

  • Industry: Information Technology, FinTech, Finance
  • Stage:Seed, Pre-Seed, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 7
  • Round size: Seed $879k–$9.1M; Pre-Seed $243k–$3.7M
  • Lead/follow: 86% lead, 14% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Accrual — We are a Software Development Company
  • Cyrrix Cybersecurity — At Cyrrix Cybersecurity, we understand the importance of protecting your business from online threats. Our team provides a full range of cybersecurity services to help safeguard your company's sensitive information and systems. We offer comprehensive risk assessments, penetration testing, and incident response planning to identify and addressvulnerabilities in your network. Our managed security services provide ongoing monitoring and threat detection to keep your business protected around the clock. With our help, you can rest easy knowing that your company's valuable assets are secure.
  • Aesthetic Prosthetic Bionics — Biological Engineering, Bionics, Biomimetics, Hydraulics, Prosthetics, Neuroprosthetics, Exoskeleton Suits, Dynamics, Kinematics Robotics, Human-Robot Interaction, Artificial Organs, Artificial Intelligence, Quantum Computing, Knowledge Reasoning, Machine Learning, Natural Language Processing, Computer Vision, Robotics, Artificial GeneralIntelligence, Deep Learning, Bayesian Networks, Evolutionary Algorithms, Computational Neuroscience, Neurocybernetics, Cybernetics, Cognitive Science, Source Coding, Channel Coding, Algorithmic Complexity Theory, Algorithmic Information Theory, Information-Theoretic Security, Grey System Theory & Biotechnology
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 3 investments in South Africa Enterprise startups

Kepple Africa Ventures is an early-stage venture capital firm.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, Egypt

Investor stats

  • Total investments: 74
  • Round size: Seed $500k–$4.5M; Pre-Seed $100k–$3.7M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
  • Beacon Power Services — Beacon Power Services is a utility company that provides energy management software and analytics for utilities.
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Future Africa
VC Fund · San Francisco, California, United States · 3 investments in South Africa Enterprise startups, 10 in the past 12 months

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 80
  • Round size: Seed $500k–$3.7M; Pre-Seed $40k–$3.7M; Series A $7M–$20M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Balad — Balad is Egyptian Cross Border Payout Network primarily serving Money Transfer Operators (MTOs), fintechs and mobile wallets. Targeting sending markets including GCC, EU, US, Canada, and UK
  • Anchor — Anchor is a Lagos-based banking-as-a-service platform for African businesses. Anchor provides APIs and infrastructure to build, embed and launch powerful financial products in a secure and scalable way.
  • Itana — Talent City’s mission is to build a network of charter cities that focuses on creating technology-enabled jobs within a free trade zone with its own regulation and bylaws.
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Newtown Partners
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Enterprise startups

Newtown Partners is a venture capital firm that actively invests in emerging, disruptive technology startups.

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Investment focus

  • Industry: Logistics, Health Care, Information Technology
  • Stage:Seed, Series A
  • Geography: South Africa, Kenya, Nigeria

Investor stats

  • Total investments: 20
  • Round size: Seed $600k–$5.5M; Series A $3.6M–$7M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • BeyondTrucks — Vertical SaaS
  • Lami — 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.
  • Complete Farmer — We are providing cutting-edge technological farming protocols and innovations with a unique business model and logistics that are revolutionizing...
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Vumela Fund
VC Fund · Hyde Park, Newtownabbey, United Kingdom · 2 investments in South Africa Enterprise startups

Vumela was established in 2009 by FNB Business Banking and Edge Growth. The objective was to create an innovative model for the development of a sustainable and a financially and operationally independent investment business which invests in high growth small, medium and micro size enterprises with good economic and impact returns.Vumela wascapitalised in 2010. Within the first four years, we’d invested R90 million into eight high growth SMEs, and created a total of 400 jobs. They launched their second fund in 2015, after a further investment of R100 million from FirstRand and R127 million from the Jobs Fund. Within the first year of launching this second fund, we’ve committed R43 million to five investments that are expected to create over 1800 new jobs.The first fund of its kind in South Africa, Vumela’s main goals are to invest in and develop entrepreneurial companies in order to help alleviate poverty in South Africa by creating jobs, and to generate a return for its beneficiaries: the Shalamuka Foundation and the FirstRand Group.

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Investment focus

  • Industry: Education, Software, Primary Education
  • Stage:Seed, Debt Financing
  • Geography: South Africa, Brazil

Investor stats

  • Total investments: 14
  • Lead/follow: 79% lead, 21% follow
  • Last fund: May invest from a new fund soon — raised $12M in 2015

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.
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TTV Capital
VC Fund · Atlanta, Georgia, United States · 2 investments in South Africa Enterprise startups, 12 in the past 12 months

TTV Capital is a venture capital firm that funds and supports the businesses that shape the financial future of the world.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Ireland

Investor stats

  • Total investments: 130
  • Round size: Seed $3M–$7.5M; Series A $3.2M–$20M; Series B $5M–$35M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Payabli — Payment infrastructure for your software platform. Accept payments from customers and make payouts to vendors and contractors with our API's.
  • Foro — We help your business connect, compare, and choose between top business lenders. Get started to see the best loan options for your business.
  • Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
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E4EAfrica
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Enterprise startups

E4E (“Entrepreneurs for Entrepreneurs”) specializes in supporting early stage ventures in South Africa from very early stage (pre-series A) to scale up.E4E focus on smart entrepreneurs and business ideas that are great businesses and make a significant contribution to a better (South) Africa.

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Investment focus

  • Industry: Internet, Logistics, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, France, The Netherlands

Investor stats

  • Total investments: 11
  • Round size: Seed $3M–$5.3M; Series A $1M–$4.3M
  • Lead/follow: 45% lead, 55% follow

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.
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Enygma Ventures
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Enterprise startups

Enygma Ventures is an investment fund for female entrepreneurs and women founders, focused on Southern Africa or SADC. Unlike traditional private equity, venture capital, and banks our team is full of award winning entrepreneurs who understand the same struggles you face first hand.

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Investment focus

  • Industry: Financial Services, Education, Marketing
  • Stage:Seed
  • Geography: South Africa, Zambia

Investor stats

  • Total investments: 7
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Adbot — ...<div class=""><a class="text-link font-weight-bold text-light text-link--blue pt-4" href="https://adbot.co.za/">Read More</a></div>
  • Koa Academy — Koa Academy is on the cutting edge of online schooling in South Africa! We offer small classes, quality educators, and individualized, engaged online learning.
  • Brown and Ayo — Brown & Ayo brings you a range of hair extensions created to mimic our natural hair textures. We pride ourselves in bringing you both trendy and well-loved products. All our products are ethically sourced and sustainably manufactured.
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Technova
VC Fund · Sydney, New South Wales, Australia · 2 investments in South Africa Enterprise startups

Technova operates as an advisory firm focused on growth.

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Investment focus

  • Industry: Data Center, Information Technology
  • Stage:Seed, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Omnisient | Collaborative Consumer Intelligence — Omnisient is a privacy-preserving data collaboration platform that allows businesses to collaborate on data insights on consumer behaviour and preferences without sharing consumers' identities or contact information.
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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in South Africa Enterprise startups

Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects toachieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on independent seed fund.The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies.They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.

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Investment focus

  • Industry: E-Commerce, FinTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, South Africa

Investor stats

  • Total investments: 36
  • Round size: Seed $25k–$3M; Pre-Seed $200k–$2.1M; Series A $750k–$8M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2021

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.
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Tahseen Consulting
VC Fund · Dubai, Dubai, United Arab Emirates · 2 investments in South Africa Enterprise startups

We're a boutique firm bridging consulting, government relations, and international development committed to transformational change in the Middle East and North Africa +

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Investment focus

  • Industry: Information Technology, E-Commerce, Consumer Goods
  • Stage:Seed, Series A, Angel
  • Geography: India, Peru, Kenya

Investor stats

  • Total investments: 16
  • Round size: Seed $150k–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • OlaClick (YC W21) — Create electronic menu boards for your restaurant or store. It is totally free. QR codes menu or digital menu boards. Digitalize your menu in an instant and start receiving orders !
  • Omnisient | Collaborative Consumer Intelligence — Omnisient is a privacy-preserving data collaboration platform that allows businesses to collaborate on data insights on consumer behaviour and preferences without sharing consumers' identities or contact information.
  • Alvin — Alvin is a powerful mobile app that automatically creates and adjusts your budget to help you meet your goals.
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Justin Stanford
Angel · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Enterprise startups

Justin is a 31-year old entrepreneur, angel investor and venture capitalist from Cape Town, South Africa. He is founder, MD, board member, advisor, or investor to a wide variety of companies in the global technology sector.Having grown up on a farm, he decided not to complete high-school and instead made the move to the city of Cape Town, topursue his dreams of being an Internet entrepreneur.Despite years of struggles and false starts in the wake of the dotcom crash in 2001, he ultimately went on to successfully launch and grow a pan-African Internet based software company from a garage in the suburbs of Cape Town.Have founded his first startup attempt at the age of 18, Justin has been involved in tech startups and entrepreneurial endeavours ever since.He is today the co-founder and MD of 4Di Group, a diversified investment management group and family office, and co-founding General Partner of early-stage technology venture capital firm 4Di Capital, as well as an active angel investor.As co-founder and Steering Committee Chairman of the Silicon Cape Initiative in 2009, designed to highlight and foster South Africa's nascent emerging tech startup ecosystem, Justin fully believes in South Africa’s potential as a global technology innovation hub.In 2011, he was listed by the Mail & Guardian for the 'Top 200 Young South Africans', and in 2013, listed by Forbes for '30 Under 30: Africa's Best Young Entrepreneurs'.

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Investment focus

  • Industry: FinTech, Financial Services, Security
  • Stage:Seed, Angel, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 8
  • Round size: Series A $3.4M–$6.4M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • FitKey — FitKey is about helping you find and manage the fitness life that makes you happy, through discovering new classes, studios, and fitness activities. With easy online and mobile booking, FitKey keeps your routine interesting.
  • TaxTim — Originally funded by Google in 2011, TaxTim is Africa's answer to Making Tax Easy. Answer simple questions one-by-one, in a friendly automated chat, and your tax return is done in minutes. TaxTim has 40% market share of the tax base in South Africa (~4.5m), and has deployed localised versions in Namibia and Nigeria as JVs with PwC previously.TaxTim is integrated with the local revenue service (SARS) for instant electronic tax submissions, and partners with some of SA's largest consumer brands - Airbnb, Momentum, Sanlam, Old Mutual, FNB eBucks - to provide tax services for free or at discount. TaxTim has several business models including B2C, B2B and B2B2C. TaxTim is a compelling and popular consumer brand, with a fully-developed, profitable broker/financial product leads ecosystem.
  • Ekaya.com — Ekaya exists to make renting simpler, safer and more connected - for everyone.
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Soma Capital
VC Fund · San Francisco, California, United States · 2 investments in South Africa Enterprise startups, 46 in the past 12 months

Soma Capital is venture capital fund that focuses on investing in software to automate the world across all sectors and geographies.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 324
  • Round size: Seed $1M–$6M; Pre-Seed $150k–$3.6M; Series A $2.1M–$22M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • 0xPass — Frictionless auth and login for your dapp
  • Arkifi — Arkifi is an artificial intelligence company that develops AI-powered financial analyst tools. Arkifi's framework generates consistent results that avoid fabricating factual details (referred to as "hallucination"), instilling enterprises with an unmatched level of confidence in the outcomes.
  • Gradia Health — Gradia is an integrated, concierge care platform designed for clinics to support patients with chronic conditions.
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Grand Bay Investments
VC Fund · Miami, Florida, United States · 2 investments in South Africa Enterprise startups

Grand Bay Investments is a privately-held investment management firm. Grand Bay Ventures invest capital with a long-term focus and can act as a single capital provider allowing us to move quickly to complete transaction into the lower middle-market firms.

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Investment focus

  • Industry: Data Center, Information Technology
  • Stage:Seed, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Omnisient | Collaborative Consumer Intelligence — Omnisient is a privacy-preserving data collaboration platform that allows businesses to collaborate on data insights on consumer behaviour and preferences without sharing consumers' identities or contact information.
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Crossfin Technology
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Enterprise startups

Crossfin invests in FINTECH solutions to enable growth for economies in Africa and beyond. Crossfin invests in high growth and established cash generative businesses, offering investors a blended exposure to technology investments in Fintech.

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Investment focus

  • Industry: Payments, Financial Services, Information Technology
  • Stage:Series A, Private Equity
  • Geography: South Africa, United States, Russian Federation

Investor stats

  • Total investments: 14
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Adumo — We are your expert partner in payments, enabling you to seamlessly and securely accept payments in-store and online with our true omni-channel experience. Never miss a sale with South Africa's largest independent payments processor.
  • My-iMali — My-iMali is a mobile wallet solution used for safe and secure transactions. Pay any number of people for only R1.25, including Staff & Students.
  • VantagePay — VantagePay provides white-label payment and technology solutions to the Banking, Telco, Financial Services, and Consumer Product Industries.
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4 Decades Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Enterprise startups

4 Decades Capital is a venture capital firm based in Cape Town, South Africa.

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Investment focus

  • Industry: Apps, Travel, Big Data
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • GoMetro — GoMetro designs deploy and operate flexible mobility platforms. Their proprietary technology stack empowers city leaders, transport managers, corporates, retail centres, property developers, airports and downtown to introduce bold new mobility strategies. Their connected transport digital platform equips transport planners to respond to thechallenges of increased congestion, aged infrastructure, disruptive mobility players, self-driving vehicles and a lack of quality public transport services.
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Hustle Fund
VC Fund · San Carlos, California, United States · 2 investments in South Africa Enterprise startups, 35 in the past 12 months

Hustle Fund is a seed fund that seeks to invest in early-stage startups operating in software, business to business, fintech, and digital health sectors.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 205
  • Round size: Seed $958k–$5.4M; Pre-Seed $77k–$1.5M; Series A $2.1M–$40M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Deskree — Generate a complete and scalable back-end infrastructure with tons of features via a web interface. Infinitely scalable & truly independent.
  • EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
  • Series — Series provides full-stack enterprise financial services designed for institutions & enterprises.
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CRE Venture Capital
VC Fund · New York, New York, United States · 2 investments in South Africa Enterprise startups

Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: South Africa, Nigeria, United States

Investor stats

  • Total investments: 49
  • Round size: Seed $300k–$5M; Pre-Seed $250k–$3.3M; Series A $1.1M–$20M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Sava — Sava is a multi-management platform that provides an unlimited number of virtual cards as well as automated accounting reconciliation.
  • Stitch — One API integration for all online payments across South Africa. Accept Instant EFT, debit + credit card, cash, direct deposit and debits. Manage + reconcile digital payments and send payouts.
  • Bettr — Bettr is a digital banking app for creator. Download the app to get your zero monthly fee digital bank account and virtual card. Join our community of creators, gamers, influencers, freelancers, tiktokkers, streamers, YouTubers and digital gig workers.
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Konvoy
VC Fund · Denver, Colorado, United States · 2 investments in South Africa Enterprise startups, 6 in the past 12 months

Konvoy Ventures is a thesis driven venture capital firm. We invest in the platforms and technologies at the frontier of gaming.

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Investment focus

  • Industry: Gaming, Video Games, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Sweden

Investor stats

  • Total investments: 47
  • Round size: Seed $500k–$3.3M; Series A $5M–$10M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Afference — Powering the sense of touch in the digital world. Feel digital objects in AR, VR, and XR with our groundbreaking haptic feedback device, the Phantom.
  • Proxima — At Proxima, we aim to push the boundaries of interactive entertainment by blending innovative technology with deep artistry. We believe in the magic of exploration, the power of creativity, and the strength of human connection that form the very foundation of our gaming experiences.
  • CANOPUS Networks — Understand exactly what is happening on your network at all times. CANOPUS indexes terabit-scale traffic in real-time to provide actionable insights and forensic analysis.
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Sebastian Stoddart
Angel · London, England, United Kingdom · 2 investments in South Africa Enterprise startups

Sebastian Stoddart after working for 10 years as a product design consultant for top design consultancies in the US, Netherlands and UK, working for clients such as Samsung, Philips, Smith & Nephew, Compaq and Hewlett Packard, Sebastian formed his own company, albooto.com, to bring innovative products to market.

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Investment focus

  • Industry: Rental, Internet, Analytics
  • Stage:Seed, Angel, Pre-Seed
  • Geography: United Kingdom, South Africa

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 8bit — 8Bit is localised content discovery and analytics platform dedicated to the distribution of high-quality content across their network of indie publishers.
  • Ekaya.com — Ekaya exists to make renting simpler, safer and more connected - for everyone.
  • Boost Technology — Enabling informal small businesses to thrive in Africa's emerging digital economy
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Imvelo Ventures
VC Fund · Sandown, NA - South Africa, South Africa · 2 investments in South Africa Enterprise startups

Imvelo Ventures is a venture capital and growth equity firm in South Africa managed by Capitec Bank.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 4
  • Round size: Seed $539k–$2M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • BancX — bancX is a modular, as-a-service platform for banks, fintechs, lenders, and retailers to build or extend their offering to meet market demand.
  • Lipa Payments — Lipa [ lee-puh ] Payments is a payment software solution for banks and fintech's that allows small merchants to perform digital transactions using NFC and Bluetooth technology. We remove the need for additional payment terminal hardware. Start transacting in less than hour with our SDK.
  • The Cape Town Stock Exchange — The Cape Town Stock Exchange is a south Africa’s stock exchange for small- and medium-sized businesses.
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Riot Games
VC Fund · Los Angeles, California, United States · 2 investments in South Africa Enterprise startups

Riot Games is the most player-focused game developer and publisher in the world. We published League of Legends in 2009, and have since released Teamfight Tactics, Legends of Runeterra, VALORANT, and League of Legends: Wild Rift.

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Investment focus

  • Industry: Gaming, Video Games, Mobile Apps
  • Stage:Seed, Series A
  • Geography: United States, Germany, China

Investor stats

  • Total investments: 25
  • Round size: Seed $2M–$4.7M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Longjiang Network — Longjiang Network is an AR mobile game developer, dedicated to the development and IP operation of AR games.
  • Wicked Saints Studios — We used behavioral technology to create interactive media that is wickedly fun and actively good. Wicked Saints emerged from Niantic’s incubator last fall (CNBC article) with a prototype of the world’s first adventure activism game, World Reborn. At its simplest, World Reborn is an interactive story game with real-life quests facilitated byaugmented reality (AR). It not only defies genres between narrative and AR games but blends the digital and real world. Wicked Saints sees AR as a bridge between fantasy and reality, with untapped potential to offer players immersive experiences that change them and their world for good.
  • The Believer Company — Join the journey We are building a world-class team to serve players for years to come. If you believe in games, we believe in you.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 2 investments in South Africa Enterprise startups, 18 in the past 12 months

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, South Africa, Kenya

Investor stats

  • Total investments: 131
  • Round size: Seed $200k–$3M; Pre-Seed $200k–$1M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
  • Zanifu — The zanifu platform, allows small retailers in Sub Saharan Africa, to procure inventory from their suppliers & pay later.
  • Fixit45 — Your best ever automobile service experience awaits you.
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Raine Ventures
VC Fund · San Francisco, California, United States · 2 investments in South Africa Enterprise startups

Raine Ventures is an early stage fund managed by The Raine Group. The firm has offices in San Francisco, New York, Los Angeles, London and Shanghai. With a global reach, Raine focuses on investment and advisory opportunities where its deep industry experience and unique network of strategic relationships can create value for portfolio companies andclients.

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Investment focus

  • Industry: Mobile, Gaming, Internet
  • Stage:Series A, Series B, Seed
  • Geography: United States, Israel, Sweden

Investor stats

  • Total investments: 80
  • Round size: Seed $2M–$6M; Series A $4M–$16M; Series B $13M–$85M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2017

Portfolio highlights

  • Material Bank — Material Bank International
  • Rock The Bells — Rock The Bells is an online store for hip-hop culture merchandise.
  • East Asian Super League — EASL creates a premier basketball league while elevating the sport in Asia as the region’s first professional intra-club basketball league. EASL is the premier regional championship competition for club basketball in East Asia.
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LeapFrog Investments
VC Fund · Port Louis Town, Port Louis, Mauritius · 1 investments in South Africa Enterprise startups

LeapFrog invests in extraordinary businesses in Asia and Africa, partnering with their leaders to achieve leaps of growth, profitability and impact.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Private Equity, Series D
  • Geography: India, Ghana, Nigeria

Investor stats

  • Total investments: 40
  • Round size: Series D $36M–$55M; Private Equity $6.8M–$110M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • PasarPolis — PasarPolis is an insurtech startup that provides an online insurance comparison platform for individuals. The company offers quotes for health insurance, life insurance, car insurance, personal insurance, property insurance, and claims processing services.The company was founded by Cleosent Randing in 2015 and is headquartered in Jakarta,Indonesia.
  • MedGenome — MedGenome is a developer of sequencing genomics-based diagnostics and research platform intended to improve global health. The company's platform applies genomics technologies, bioinformatics, computing, and big data analytics to the genetically diverse and large population to understand the genetic basis of cancer, metabolic disorders, eyedisorders, and other rare diseases, enabling the healthcare industry to develop deep insights into diseases at the genetic and molecular level.
  • Shubham Housing Development Finance Company — At Shubham Housing Finance we provide affordable housing loan with a hassle-free documentation process and easy EMI's options for the low-income segment.
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Merrill Lynch
VC Fund · New York, New York, United States · 1 investments in South Africa Enterprise startups

Merrill Lynch Wealth Management has the financial advisors and expertise to help you achieve your goals at any stage of your life or career.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Series B, Series C
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 88
  • Round size: Series B $10M–$80M; Series C $10M–$85M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • ITM Power — ITM Power manufacture PEM electrolysers. A pioneering technology that generates green hydrogen enabling customers to decarbonise.
  • Pharmacierge — Pharmacierge is the digital e-prescribing service chosen by private clinicians to deliver medication to their patients throughout the UK and worldwide. Clinicians create and transfer e-prescriptions to our pharmacy near London's Harley Street, for free delivery to their patients either the same day or next weekday
  • The Boeing Company — The Boeing Company is an American multinational corporation that designs, manufactures and sells fixed-wing aircraft, rotorcraft, rockets and satellites and provides leasing and product support services. Boeing is among the largest global aircraft manufacturers, is the second-largest aerospace & defense contractor in the world based on 2012revenue and is the US' largest exporter by dollar value. Boeing stock is a component of the Dow Jones Industrial Average.The Boeing Company's corporate headquarters are located in Chicago and the company is led by Chairman and CEO James McNerney. Boeing is organized into five primary divisions: Boeing Commercial Airplanes (BCA), Boeing Defense, Space & Security (BDS), Engineering, Operations & Technology, Boeing Capital and Boeing Shared Services Group.Boeing is the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training.Boeing has a long tradition of aerospace leadership and innovation. The company continues to expand its product line and services to meet emerging customer needs. Its broad range of capabilities includes creating new, more efficient members of its commercial airplane family; integrating military platforms, defense systems and the warfighter through network-enabled solutions; creating advanced technology solutions; and arranging innovative customer-financing options.With corporate offices in Chicago, Boeing employs more than 170,000 people across the United States and in 70 countries. This represents one of the most diverse, talented and innovative workforces anywhere. More than 140,000 employees hold college degrees -- including nearly 35,000 advanced degrees -- in virtually every business and technical field from approximately 2,700 colleges and universities worldwide. Our enterprise also leverages the talents of hundreds of thousands more skilled people working for Boeing suppliers worldwide.Boeing is organized into two business units: Boeing Commercial Airplanes and Boeing Defense, Space & Security. Supporting these units are Boeing Capital Corporation, a global provider of financing solutions; the Shared Services Group, which provides a broad range of services to Boeing worldwide; and Boeing Engineering, Operations & Technology, which helps develop, acquire, apply and protect innovative technologies and processes.Divisions:- - - - -
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SAAD Investment Holdings
VC Fund · 1 investments in South Africa Enterprise startups

Saad are active investors that buy, build and grow businesses in key focus industries for long-term sustainability and the benefit of all stakeholders.

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Investment focus

  • Industry: Delivery, Logistics, Last Mile Transportation
  • Geography: South Africa

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Pargo — Pargo is a convenient logistics solution that lets you collect and return parcels at Pargo parcel points throughout the country when it suits you best.
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Connectivity Ventures Fund
VC Fund · New York, New York, United States · 1 investments in South Africa Enterprise startups

Having collectively spent decades in the investment banking and recruiting industries, the principals of CCP have developed a unique network that has proven vital to the success of many entrepreneurs. They are repeatedly told that their relationships are a true differentiator.In an effort to follow in the footsteps of their favoriteinnovator/entrepreneur Benjamin Franklin, they at CCP also strive to “do well by doing good.” This means that they prioritize working with clients whose goals go beyond commercial means, and tackle big societal issues such as those that encourage biotechnology innovation, entrepreneurship, and the advancement of women as a demographic.Beyond focusing on themes such as these, they apply a highly disciplined selection process that ensures they only work with a small number of teams at any one time. This allows us to apply laser-focus to each one’s needs which translates into a higher potential for success.

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Investment focus

  • Industry: Software, SaaS, Health Care
  • Stage:Series A, Seed
  • Geography: United States, South Africa

Investor stats

  • Total investments: 20
  • Round size: Seed $1M–$3M; Series A $6.1M–$56M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Teampay — Empower employees with software that requests, approves, and tracks company spending in real-time. Integrations with QBO, Intacct, Netsuite, Xero & Slack.
  • LeadMethod, Inc. — LeadMethod is a software company focused on channel partner engagement and sales enablement, two factors that drive the most ROI, and channel partner loyalty. LeadMethod works with more than 23,000 suppliers, reps, and distributors to better align their businesses for growth. LeadMethod clients see between a 10-20% increase in revenue and havestronger communication and collaboration with their channel partners. LeadMethod can be used as a stand-alone system or integration with more than 65 CRM, marketing automation, or ERP systems for a total solution.LeadMethodwas founded in 2014 and is based in Bend, Oregon
  • TooMuchWifi — TooMuchWifi is known to be the Best and most Reliable Wifi provider. Ideal for your home or business!
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Johan Dekker
Angel · 1 investments in South Africa Enterprise startups

Johan Dekker

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Investment focus

  • Industry: Delivery, Logistics, Last Mile Transportation
  • Geography: South Africa

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Pargo — Pargo is a convenient logistics solution that lets you collect and return parcels at Pargo parcel points throughout the country when it suits you best.
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Bloc Smart Africa Fund
VC Fund · 1 investments in South Africa Enterprise startups

BLOC Smart Africa is a finance technology fund, managed by Bamboo Capital Partners.

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Investment focus

  • Industry: Apps, Internet, Wireless
  • Stage:Seed
  • Geography: Senegal, Cameroon, South Africa

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Waspito — We are the platform that engages Africa into the conversation and action to drive affordable and accessible quality healthcare across the continent.
  • Afrikamart — Afrikamart is a west African distribution platform for fresh produce that offers its marketing services to producers - suppliers - and operates as a digital purchasing center for retailers, hotels and restaurants - customers.We combine extensive use of digital with its experience in the food value chain to: - Facilitate information exchangebetween suppliers and customers (purchase price, sale price, product availability, harvest and purchase forecasts) - Organize end-to-end logistics with a network of transporters - Optimize financial and product flows according to different purchase and payment termsOur team includes experienced technology driven individuals with a strong experience in food commodity trading. Afrikamart brings pragmatic solutions to solve food value chain inefficiencies in West Africa while empowering hundreds of underprivileged women and young people with economic opportunities.
  • TooMuchWifi — TooMuchWifi is known to be the Best and most Reliable Wifi provider. Ideal for your home or business!
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LogicBoost Labs
VC Fund · San Diego, California, United States · 1 investments in South Africa Enterprise startups

B2B SaaS Startup Accelerator based in San Diego

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Investment focus

  • Industry: Software, Apps, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: United States, Israel, South Africa

Investor stats

  • Total investments: 14
  • Round size: Seed $300k–$3M; Pre-Seed $300k–$1.1M
  • Lead/follow: 79% lead, 21% follow

Portfolio highlights

  • Some1 — Some1 streamlines visitor sign-in, and connects visitors to the hosts expecting them through one, easy-to-use App. Visitor Management System Made-Easy!
  • Blueprint — Optimize your media channel mix, creatives and targeting with Blueprint.
  • Information Shield — Information Security Policies Made Easy from Information Shield. Streamline compliance with data protection laws IS0-27002, NIST-CSF, HIPAA, and more!
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Andreessen Horowitz
VC Fund · Menlo Park, California, United States · 1 investments in South Africa Enterprise startups, 129 in the past 12 months

Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California, that backs bold entrepreneurs building the future through technology.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 1107
  • Round size: Seed $1.4M–$10M; Series A $6.9M–$45M; Series B $15M–$100M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • MedScout — MedScout helps sales and go-to-market teams at life sciences companies run a more data-driven sales cycle and grow faster.
  • Maza — Maza is a mobile app that offers financial products and digital banking services.
  • KoBold Metals — KoBold is a mineral exploration company driving the clean energy future by accelerating the discovery of critical metals.
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Tsing Capital
VC Fund · Beijing, Beijing, China · 1 investments in South Africa Enterprise startups

Tsing Capital is a private equity and venture capital arm of Tsinghua Holdings Co., Ltd. specializing in growth capital.

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Investment focus

  • Industry: Electronics, Energy, Manufacturing
  • Stage:Series A, Series B
  • Geography: China, United States, Canada

Investor stats

  • Total investments: 32
  • Round size: Series A $2.7M–$50M; Series B $10M–$65M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • 3D Medicines — 3D Medicines, we use individual’s genetic information to prevent, diagnose, and treat cancer. We develop personalized medicines according to target population’s genetic background, to increase efficacy and safety.
  • Ionova Life Science — Ionova Life Science is an anti-tumor drug developer dedicated to the development of innovative types of tumor-targeted drugs and tumor immunomodulatory drugs, including oncology, immuno-oncology, and cardiac metabolic diseases. Force contact
  • Stemirna — Stemirna Therapeutics is a RNA technology based drug development company designed to maximize the potential of RNA science. The company currently has more than a dozen of independently-developed mRNA drug projects, focusing on the fields of mRNA-based personalized cancer vaccines, mRNA vaccines for infectious disease, protein defects diseases, andgenetic diseases, providing cure and solutions for cancer and infectious diseases, better serving patients.
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Enterprise Investor funding in South Africa at a glance

Stats across 1 deals from 1 investors.

1
investors
in South Africa Enterprise startups
1
deals
in South Africa Enterprise startups
100%
lead investors
lead at least one round
100%
Debt Financing
most common funding stage
100/0
VC / Angel
share of investor count

Access all 1 investors in South Africa Enterprise startups.

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