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

The most active venture capital funds and angel investors investing in South Africa Internet startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Africa Internet startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
LoftyInc Capital Management
VC Fund
5 United States, Nigeria, Egypt Seed, Pre-Seed, Series A FinTech, Financial Services, Software $100k–$15M
Kalon Venture Partners
VC Fund
5 South Africa, Luxembourg, United States Seed, Series A Apps, Mobile Apps, Software $539k–$3M
SEEK
VC Fund
4 Australia, United States, United Kingdom Series A, Series B Human Resources, Recruiting, Software $4.6M–$70M
Vinny Lingham
Angel
4 United States, South Africa, United Kingdom Seed, Angel Blockchain, Internet, Cryptocurrency $125k–$3.3M
Future Africa
VC Fund
3 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $40k–$20M
Knife Capital
VC Fund
3 South Africa, United States, Sweden Series A, Seed Software, Information Technology, Manufacturing $2M–$6M
Newtown Partners
VC Fund
3 South Africa, Kenya, Nigeria Seed, Series A Logistics, Health Care, Information Technology $600k–$7M
Oui Capital
VC Fund
3 Kenya, Nigeria, United States Pre-Seed, Seed Transportation, Information Technology, B2B $40k–$1.1M
Raine Ventures
VC Fund
2 United States, Israel, Sweden Series A, Series B, Seed Mobile, Gaming, Internet $2M–$85M
Imvelo Ventures
VC Fund
2 South Africa Seed Software, FinTech, Financial Services $539k–$2M
Justin Stanford
Angel
2 South Africa Seed, Angel, Series A FinTech, Financial Services, Security $3.4M–$6.4M
Launch Africa
VC Fund
2 Nigeria, South Africa, Kenya Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$3M
4Di Capital
VC Fund
2 South Africa, United States, Uganda Seed, Series A, Series B Software, Mobile, Financial Services $431k–$6.4M
AngelHub Ventures
VC Fund
2 South Africa Seed, Series A Software, Information Technology, Education $300k–$1.7M
CRE Venture Capital
VC Fund
2 South Africa, Nigeria, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Software $250k–$20M
Soma Capital
VC Fund
2 United States, India, Mexico Seed, Pre-Seed, Series A Software, FinTech, Financial Services $150k–$22M
Hustle Fund
VC Fund
2 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $77k–$40M
TTV Capital
VC Fund
2 United States, Canada, Ireland Series A, Seed, Series B FinTech, Financial Services, Software $3M–$35M
Riot Games
VC Fund
2 United States, Germany, China Seed, Series A Gaming, Video Games, Mobile Apps $2M–$4.7M
Konvoy
VC Fund
2 United States, Canada, Sweden Seed, Series A, Series B Gaming, Video Games, Software $500k–$10M
4 Decades Capital
VC Fund
2 South Africa Seed Apps, Travel, Big Data
E4EAfrica
VC Fund
2 South Africa, France, The Netherlands Seed, Series A, Series B Internet, Logistics, E-Commerce $1M–$5.3M
Yossi Hasson
Angel
2 South Africa, United States, Ghana Seed, Pre-Seed, Series A Financial Services, Blockchain, Payments $120k–$539k
Sebastian Stoddart
Angel
2 United Kingdom, South Africa Seed, Angel, Pre-Seed Rental, Internet, Analytics
Musha Ventures
VC Fund
2 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Financial Services, Software, FinTech $50k–$10M
LionPride Agility Fund
VC Fund
1 South Africa Seed Internet, Health Care, Pharmaceutical
Ham Serunjogi
Angel
1 Nigeria, United States, South Africa Seed, Pre-Seed, Series A Finance, Financial Services, Mobile Apps $25k–$3.7M
Boost VC
VC Fund
1 United States, Canada, United Kingdom Seed, Pre-Seed Software, Virtual Reality, Blockchain $70k–$4.4M
Calculus Capital
VC Fund
1 United Kingdom, United States, Ireland Series A, Post-IPO Equity Biotechnology, Software, Health Care $2.9M–$9M
Will Herman
Angel
1 United States, South Africa, United Kingdom Seed, Series A, Convertible Note Software, Mobile, Enterprise Software $100k–$8.8M
Allan Gray
VC Fund
1 South Africa, United States Seed, Series A Insurance, Health Care, SaaS $431k–$4M
Andreessen Horowitz
VC Fund
1 United States, United Kingdom, Canada Series A, Series B, Seed Software, Information Technology, Internet $1.4M–$100M
Idris Ayodeji Bello
Angel
1 Nigeria, United States, Egypt Angel, Seed, Pre-Seed FinTech, Software, Financial Services $450k–$2.1M
Tritech Global
VC Fund
1 South Africa Seed Apps, Travel, Big Data
Endeavor South Africa
VC Fund
1 South Africa, United States Seed, Series A Financial Services, Internet, Payments
Alpha Private Capital
VC Fund
1 South Africa Series A Email, Internet, Information Technology
Bloc Smart Africa Fund
VC Fund
1 Senegal, Cameroon, South Africa Seed Apps, Internet, Wireless
Maijid Moujaled
Angel
1 Nigeria, South Africa Seed, Series A Gaming, Mobile, FinTech
Persistent
VC Fund
1 Ghana, Cameroon, South Africa Seed, Series A Solar, Energy, Clean Energy $500k–$10M
Breega
VC Fund
1 France, United Kingdom, United States Seed, Series A FinTech, Software, Financial Services $750k–$21M
Polo Leteka
Angel
1 South Africa Seed, Series B Retail, Internet, Logistics
AET Fund
VC Fund
1 India, United States, Canada Seed, Series A, Pre-Seed E-Commerce, Internet, Gaming $200k–$15M
HAVAÍC
VC Fund
1 South Africa, United States, Kenya Seed, Pre-Seed Health Care, Financial Services, Software $54k–$4M
Atreyu
VC Fund
1 Germany, South Africa Seed Women's, Internet, Wellness
Brian Corrigan
Angel
1 United States, Estonia, South Africa Series A, Seed, Angel Gaming, Internet, SaaS
IBM
VC Fund
1 United States, United Kingdom, South Africa Grant, Series A Software, Information Technology, Enterprise Software $34k–$23M
Network Society Ventures
VC Fund
1 South Africa Seed Solar, Blockchain, Crowdfunding
Perivoli Innovations
VC Fund
1 United Kingdom, Kenya, South Africa Seed, Series A, Series B Health Care, Biotechnology, Medical Device $1.2M–$12M
Hlayisani Growth Fund
VC Fund
1 South Africa Seed Education, Apps, SaaS
Basecamp Fund
VC Fund
1 United States, Canada, Kenya Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $1.1M–$6M
Access all 77 investors in South Africa Internet startups.

Access 48,091 investors

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

Browse database — It's Free!

Investor list

LoftyInc Capital Management
VC Fund · Carmel, California, United States · 5 investments in South Africa Internet 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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Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 5 investments in South Africa Internet 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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SEEK
VC Fund · North Sydney, New South Wales, Australia · 4 investments in South Africa Internet 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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Vinny Lingham
Angel · San Francisco Bay Area, California, United States · 4 investments in South Africa Internet 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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Future Africa
VC Fund · San Francisco, California, United States · 3 investments in South Africa Internet 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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Knife Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Internet 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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Newtown Partners
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Internet 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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Oui Capital
VC Fund · Belmont, Massachusetts, United States · 3 investments in South Africa Internet 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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Raine Ventures
VC Fund · San Francisco, California, United States · 2 investments in South Africa Internet 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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Imvelo Ventures
VC Fund · Sandown, NA - South Africa, South Africa · 2 investments in South Africa Internet 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.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Justin Stanford
Angel · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Internet 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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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 2 investments in South Africa Internet 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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4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Internet 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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AngelHub Ventures
VC Fund · Stellenbosch, NA - South Africa, South Africa · 2 investments in South Africa Internet 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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CRE Venture Capital
VC Fund · New York, New York, United States · 2 investments in South Africa Internet 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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Soma Capital
VC Fund · San Francisco, California, United States · 2 investments in South Africa Internet 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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Hustle Fund
VC Fund · San Carlos, California, United States · 2 investments in South Africa Internet 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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TTV Capital
VC Fund · Atlanta, Georgia, United States · 2 investments in South Africa Internet 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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Riot Games
VC Fund · Los Angeles, California, United States · 2 investments in South Africa Internet 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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Konvoy
VC Fund · Denver, Colorado, United States · 2 investments in South Africa Internet 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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4 Decades Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Internet 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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E4EAfrica
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Internet 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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Yossi Hasson
Angel · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Internet 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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Sebastian Stoddart
Angel · London, England, United Kingdom · 2 investments in South Africa Internet 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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Musha Ventures
VC Fund · New York, New York, United States · 2 investments in South Africa Internet 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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LionPride Agility Fund
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Internet startups

LionPride Agility Fund is comprises of a portfolio of equity investments, in which capital from investors is used to collectively purchase new shares in other businesses. The LionPride VCC invests in compelling businesses, including mature and disruptive technology companies, and is backed by an experienced board and investment committee.

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Investment focus

  • Industry: Internet, Health Care, Pharmaceutical
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • BusyMed — BusyMed connects independent local pharmacists to their communities using the BusyMed App. Get your medication delivered to your door in 60 minutes. Shop. Pay. Delivered.
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Ham Serunjogi
Angel · San Francisco, California, United States · 1 investments in South Africa Internet startups

Ham Serunjogi is a co-founder and CEO at Chipper Cash.

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Investment focus

  • Industry: Finance, Financial Services, Mobile Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, South Africa

Investor stats

  • Total investments: 7
  • Round size: Seed $25k–$3M; Pre-Seed $240k–$3.7M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Sudo — Sudo is an open API platform that enables businesses to embed powerful financial features into their products. Build in minutes, launch in days.
  • CreditChek — Easily assess & verify credit worthiness in Africa.
  • Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
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Boost VC
VC Fund · San Mateo, California, United States · 1 investments in South Africa Internet startups, 17 in the past 12 months

Boost VC: The Pre-Seed Fund Making Sci-FI a Reality. Investing in crypto, virtual reality, augmented reality, AI, Ocean Tech, Space Tech, human augmentation, exoskeletons and more.

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Investment focus

  • Industry: Software, Virtual Reality, Blockchain
  • Stage:Seed, Pre-Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 171
  • Round size: Seed $405k–$4.4M; Pre-Seed $70k–$2.1M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • ShapesXR — ShapesXR is a provider of a web-based platform for content creation and collaboration for VR applications.
  • Space DOTS — The first modular pico-labs for active in-space testing of advanced materials, from LEO to Cis-lunar and Interplanetary orbits.
  • Cascade Biocatalysts — Cascade Biocatalysts is built on a novel way to immobilize enzymes. Our technology keeps enzymes active and stable under difficult industrial conditions.
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Calculus Capital
VC Fund · London, England, United Kingdom · 1 investments in South Africa Internet startups

At Calculus Capital they are specialists in creating and managing tax efficient private equity funds for the individual. Funds that are ideal for today's market - offering generous tax benefits, and significant growth potential within a sensible risk profile.They look to make £2-5 million investments in established companies with provenmanagement teams and a successful product or service. Their entrepreneurial flair, combined with their experience and sound commercial judgement has resulted in a diversified investment portfolio and an impressive track record. In June 2013 Calculus Capital was top ranked in the prestigious Martin Churchill Tax Efficient Review for the 6th year in a row. The Government has recently shown its support for EIS funds, by maintaining the five generous tax benefits and widening the scope of EIS investments. These changes benefit Calculus Capital's rigorous and proven strategy. As a result they are experiencing their strongest pipeline of prospective investments yet.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Series A, Post-IPO Equity
  • Geography: United Kingdom, United States, Ireland

Investor stats

  • Total investments: 58
  • Round size: Series A $3.1M–$6.5M; Post-IPO Equity $2.9M–$9M
  • Lead/follow: 68% lead, 32% follow

Portfolio highlights

  • Wazoku — Wazoku - Where Innovation Works Wazoku
  • Optalitix — Optalitix's data driven products and expertise allow you to move your models to the cloud and improve underwriting efficiency.
  • Arctic Shores — Unearth meaningful, job-relevant insights through our candidate assessments. A new type of behaviour based assessment that's powered by neuroscience.
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Will Herman
Angel · Boston, Massachusetts, United States · 1 investments in South Africa Internet startups

Will Herman is an active angel investor, corporate director, author, and startup mentor. He was previously a serial entrepreneur, having started five companies, taking two of them public. Will is an adviser at the hardware incubator, Bolt, and a mentor at TechStars. He lives and works mostly in the Boston area.

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Investment focus

  • Industry: Software, Mobile, Enterprise Software
  • Stage:Seed, Series A, Convertible Note
  • Geography: United States, South Africa, United Kingdom

Investor stats

  • Total investments: 60
  • Round size: Seed $100k–$3M; Series A $557k–$8.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • VueBox — VueBox places interactive content in rideshare vehicles
  • Pristēm — The laundry & dry cleaning services industry has seen no hardware innovation in a long time resulting in 24 hr+ turnarounds, insanely expensive prices, and a complete lack of reliability. Pristēm has built a magical new clothing care experience that's 150x faster, 10x cheaper, and hassle free. Our smart hardware and consumable cleansyour outfit exactly when you need it, not 24 hours later.Our nationwide network of smart hardware products can be accessed through your mobile phone and a monthly subscription. Pristēm provides the best customer experience that's a faster, greener, and more enjoyable alternative to the laundry and dry cleaning services available today.
  • Looking Glass Factory — Introducing Looking Glass Portrait, your first personal holographic display. Designed for people, real and imagined. Available for pre-order today.
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Allan Gray
VC Fund · Alfred, New York, United States · 1 investments in South Africa Internet startups

Allan Gray is privately owned investment management company focused on generating long-term wealth for investors.

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Investment focus

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

Investor stats

  • Total investments: 10
  • Round size: Seed $431k–$4M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Mobiz — Supercharge your SMS marketing with dynamic, high-converting landing pages sent directly into the hands of your customers.
  • Sendmarc — Stop cyber criminals from sending emails using your domain and protect your customers, suppliers and employees from cyber attacks with DMARC Security.
  • MFS Africa — MFS Africa is the largest mobile money inter-operability hub in Africa, which connects mobile network operators across the continent through a single API. In addition to mobile remittance services, the MFS Africa API enables merchant payment, bulk payment, bank-to-wallet transfers, and an array of other cross border digital payments services.
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Andreessen Horowitz
VC Fund · Menlo Park, California, United States · 1 investments in South Africa Internet startups, 129 in the past 12 months

Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California, investing in bold founders, innovators, and 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: 1151
  • 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

  • Castelion — We are a modern defense production company building the next generation of military hypersonic, vehicle, and strike systems to deter future wars.
  • Headway — Headway is a mental healthcare system provider based in New York. It develops a health insurance advisory platform designed to connect patients with therapists and provides administrative support to therapists who don’t typically accept insurance. The company was founded by Andrew Adams, Jake Sussman, Dan Ross, and Kevin Chan in 2019.
  • Blackbird — We believe the next great hospitality technology platform should connect restaurants and their customers directly, in meaningful and ongoing ways. Blackbird is founded by a team with a passion for restaurants and a track record of using technology to solve problems.
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Idris Ayodeji Bello
Angel · 1 investments in South Africa Internet startups

The 'Afropreneur' (entrepreneur with an African focus), as he self-describes, Idris Ayodeji Bello is a Partner at LoftyInc Allied Partners Limited and co-founder of The Wennovation Hub, an innovation platform based in Nigeria, that has successfully accelerated the launch of several technology start-ups in social impact sectors. He isalso a Founding Partner at Loftyinc Capital Management, owners of the Afropreneurs Fund (I&II)The 'Afropreneur' (entrepreneur with an African focus), as he self-describes, Idris Bello is a Partner at LoftyInc Allied Partners Limited and co-founder of The Wennovation Hub, an innovation platform based in Nigeria, that has successfully accelerated the launch of several technology start-ups in social impact sectors. He is also a Founding Partner at Loftyinc Capital Management, owners of the Afropreneurs Fund (I&II)A first class honors graduate of Computer Engineering from Obafemi Awolowo University, Nigeria, he has an M.Sc in Computer Science & Data Mining from the University of Houston; an MBA in Entrepreneurship & Strategy from Rice University in Houston and an M.Sc in Global Health Science from the University of Oxford, where he was a 2011 recipient of The Lord Weidenfeld Scholarship for demonstrating remarkable potential as a future leader from an emerging economy.Idris spent the greater part of a decade working at Chevron Corporation and ExxonMobil USA, where he led several large upstream technology projects across the USA and Sub-Saharan Africa. Idris has also worked with the Clinton Foundation Health Access Initiative where he played a major role in the deployment and evaluation of Swaziland’s first mobile health patient appointment reminder system as part of the country’s National AIDS Program. Listed among CNN’s Top Ten African Technology Voices, he is a Singularity University Impact Fellow, Harambe Entrepreneur Alliance Associate, Clinton Global Initiative University Fellow, MIT Global Start-up Fellow, SAP Ashoka Global Changemakers Award Winner, Dell Technology Award Winner, StartingBloc Innovation Fellow and a Nigeria Leadership Initiative Future Leader.As a leader, Idris has mentored and catalyzed scores of contributors across the growing African landscape and is an angel investor and advisor to several African startups including Andela, Flutterwave, RelianceHMO, among others. He continues to devote his efforts to the development of innovation-driven, technology-enabled social enterprises that empower the underserved and develop transformative ideas to change lives on the African continent.He spends most of his time between Lagos, Cairo, or airport lounges.

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Investment focus

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

Investor stats

  • Total investments: 32
  • Round size: Seed $450k–$2.1M; Pre-Seed $500k–$1M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Jem — We give employers the ability to send company-wide communications, deliver payslips, manage leave & give employees access to their earnings, via WhatsApp.
  • SimpliFi — SimpliFi is on a mission to democratize payments by building the leading Cards as a Service (CaaS) platform for MENA and Pakistan.
  • ORDA — Process orders, accept payments, connect to logistic providers, engage with your customers + more. We equip you with everything you need to grow your business.
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Tritech Global
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Internet startups

Tritech Global is a technology investment holding company spanning a number of market leading business verticals in multiple geographic jurisdictions around the world.

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Investment focus

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

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% 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.
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Endeavor South Africa
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Internet startups

Endeavor South Africa is a non-profit entity and the leading supporter of high-impact entrepreneurs around the world.

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Investment focus

  • Industry: Financial Services, Internet, Payments
  • Stage:Seed, Series A
  • Geography: South Africa, United States

Investor stats

  • Total investments: 6
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — raised $7M in 2021

Portfolio highlights

  • Mobiz — Supercharge your SMS marketing with dynamic, high-converting landing pages sent directly into the hands of your customers.
  • Sendmarc — Stop cyber criminals from sending emails using your domain and protect your customers, suppliers and employees from cyber attacks with DMARC Security.
  • Yebo Fresh — Powering South Africa's Township Economy.
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Alpha Private Capital
VC Fund · 1 investments in South Africa Internet startups

Alpha Private Capital operates as an investment firm.

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Investment focus

  • Industry: Email, Internet, Information Technology
  • Stage:Series A
  • Geography: South Africa

Investor stats

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

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.
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Bloc Smart Africa Fund
VC Fund · 1 investments in South Africa Internet 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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Maijid Moujaled
Angel · San Francisco, California, United States · 1 investments in South Africa Internet startups

Maijid Moujaled is a co-founder and president at Chipper Cash.

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Investment focus

  • Industry: Gaming, Mobile, FinTech
  • Stage:Seed, Series A
  • Geography: Nigeria, South Africa

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • PayHippo — PayHippo is making it easier to finance small and medium sized businesses in Africa. There is a need for financing of $158 bn for SMEs in Nigeria alone. To start, PayHippo helps SMEs access and spend lender capital effectively. During their first full operational year in 2020, the PayHippo co--founders leveraged their domain expertise and foundingexperience to beat their 2020 goal by 50%.
  • Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
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Persistent
VC Fund · Zürich, Zurich, Switzerland · 1 investments in South Africa Internet startups

Africa's Climate Venture Builder - We believe in the power of climate-positive economic development in Africa. For the last decade, we have been working hand in hand with exceptional entrepreneurs, investing both financial and human capital to build successful climate ventures on the continent. Our companies offer competitive financial returns required to drive lasting impact.

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Investment focus

  • Industry: Solar, Energy, Clean Energy
  • Stage:Seed, Series A
  • Geography: Ghana, Cameroon, South Africa

Investor stats

  • Total investments: 4
  • Round size: Seed $500k–$1.4M; Series A $1.1M–$10M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • upOwa — upOwa brings electricity to Africa through our innovative Pay-As-You-Go solar technology for the poorest.
  • Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.
  • Solar Taxi Ghana — Solar Taxi Ghana app provides various electronic vehicles that are powered by solar energy.
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Breega
VC Fund · London, England, United Kingdom · 1 investments in South Africa Internet startups, 12 in the past 12 months

VCs use all sorts of tricks to attract the best companies. We do too. But as founders, we know that the main reason you choose an investor to be a part of your journey is because you like them. You trust them. Their values align with yours.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed, Series A
  • Geography: France, United Kingdom, United States

Investor stats

  • Total investments: 111
  • Round size: Seed $750k–$4.3M; Series A $3.5M–$21M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Kovalee — Kovalee is a mobile app publisher. They empower app creators. They partner with app owners through a publishing model and bring their apps to the top of the charts. They provide product enhancement, monetization boost, user acquisition, and app store optimization services.
  • EyeLights — EyeLights is a Head Up Display GPS. It allows motobikers to truly experience the ride by keeping their eyes on the road. Eyelights is the first universal motorcycle accessory that projects guidance, danger zones and traffic directly into your field of vision. A dangerous bend, a nearby stopper or speed over limitations, EyeLights warns you. Simple,uncluttered, they adapted the display for motorcycle riding.The EyeLights product installs in less than 5 minutes on your full-face, convertible or jet helmet. Their compact optical technology allows you to view your GPS more than 2 meters away while enjoying audio functions for more than 8 hours. The product is compatible with sun visors, insensitive to rain or fog and weighs less than 100g.
  • PIXmania.com — PIXmania is a pan-European electrical e-tailer operating in 26 countries. PIXmania has been growing its market positions across Europe while leveraging the benefits of being part of the Dixons Retail Group. Pixmania now serves more than 7 million customers over Europe with a wide range of product categories.
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Polo Leteka
Angel · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Internet startups

Polo Leteka is the Founder and Chairman of IDF Capital SA. She previously worked at Standard Bank of South Africa. Polo Leteka attended the University of South Africa/Universiteit van Suid-Afrika.

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Investment focus

  • Industry: Retail, Internet, Logistics
  • Stage:Seed, Series B
  • Geography: South Africa

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • 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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AET Fund
VC Fund · Tokyo, Tokyo, Japan · 1 investments in South Africa Internet startups

AET Fund envisions a Heart Driven World by making the world a colorful place through entertainment.

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Investment focus

  • Industry: E-Commerce, Internet, Gaming
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, United States, Canada

Investor stats

  • Total investments: 34
  • Round size: Seed $200k–$3.3M; Series A $2M–$15M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Akudo — Akudo is a learning-focused neo bank for teenagers. Akudo offers the best prepaid debit card for teens and kids in India for all online and offline payments.
  • Questt — School homework app by Questt helps teachers to assign homework to students. Download today on your smartphone.
  • Stream Captain — Captain.tv makes games for streamers to play live with their viewers! Streamers are the hosts, and viewers play alongside them and each other live on sites like Twitch!
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HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Internet 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 — Right Now Response is a breakdown management platform.It offers round-the-clock breakdown visibility, including live location tracing and monitoring from acceptance to roadside and workshop repair, allowing businesses to improve productivity by reducing cost.
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Atreyu
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Internet startups

Atreyu identifies and works together with investee companies to build and grow their presence. We do this by sharing our expertise and networks, and by investing our own capital alongside that of selected investors.

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Investment focus

  • Industry: Women's, Internet, Wellness
  • Stage:Seed
  • Geography: Germany, South Africa

Investor stats

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

Portfolio highlights

  • TooMuchWifi — TooMuchWifi is known to be the Best and most Reliable Wifi provider. Ideal for your home or business!
  • Femna Health — Femna Health offers virtual access to diagnostics and therapeutic solutions for women's health.
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Brian Corrigan
Angel · Saratoga Springs, New York, United States · 1 investments in South Africa Internet startups

Brian Corrigan is the VP and Head of Americas at PUBG Corporation. He attended Clarkson University and the University at Albany, SUNY. (This website is horribly out of date, probably best to hit my website or LinkedIn)

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Investment focus

  • Industry: Gaming, Internet, SaaS
  • Stage:Series A, Seed, Angel
  • Geography: United States, Estonia, South Africa

Investor stats

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

Portfolio highlights

  • Powerspike — Powerspike is a new type of advertising network based on content creators - where any marketer can make their brand famous in a few clicks. Our Endorsement Serving technology automatically buys, executes, and optimizes content creator endorsements - replacing the traditionally lengthy process of RFP’s, human negotiations, and insertion orders.
  • Ready Player Me — The Ready Player Me platform leverages AI, ML , and a suite of developer-first tools to empower developers to integrate avatars into their games and apps to launch faster, improve user adoption, and grow revenue through asset monetization.
  • Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
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IBM
VC Fund · Armonk, New York, United States · 1 investments in South Africa Internet startups, 8 in the past 12 months

IBM is a global technology and innovation company. It is the largest technology and consulting employer in the world, with more than 400,000 employees serving clients in 170 countries. IBM offers a wide range of technology and consulting services; a broad portfolio of middleware for collaboration, predictive analytics, software development, andsystems management; and the world's most advanced servers and supercomputers. Utilizing its business consulting, technology, and R&D expertise, IBM helps clients become "smarter" as the planet becomes more digitally interconnected.

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Investment focus

  • Industry: Software, Information Technology, Enterprise Software
  • Stage:Grant, Series A
  • Geography: United States, United Kingdom, South Africa

Investor stats

  • Total investments: 54
  • Round size: Grant $34k–$240k; Series A $100k–$23M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Hugging Face — Hugging Face is an open-source & platform provider of machine learning technologies. Hugging Face was launched in 2016 and is headquartered in New York.
  • University of Chicago — University of Chicago is a private research university that focuses on sciences, medicine, economics, law, business, and others. In addition to providing a dynamic education based on critical thinking and interdisciplinary exposure, the university sponsors hundreds of art and cultural events open to the public free of charge. Venues such as theCourt Theatre, the Oriental Institute, and the Smart Museum often host these events for local residents and students. The university’s retail development initiatives also help strengthen the economic health of the city.Academics include more than 50 areas of specialized undergraduate and graduate study, including some interdisciplinary programs like Big Problems, which tackles matters of global and universal concern that do not belong to one discipline or interest group, scientific fields like Biological Chemistry, and more.Experiential programs known as “Chicago Careers In” provide students with research, internships, and advising in fields like business and health professions.
  • The University of Tokyo — Official website of the University of Tokyo. Features an introduction to UTokyo, its research and international activities, admissions and other information.
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Network Society Ventures
VC Fund · New York, New York, United States · 1 investments in South Africa Internet startups

Blockchain Investors Consortium (BIC) is a 50-member strong (crypto funds and a handful of individuals) who have over $1 billion of digital assets under management. The purpose of BIC is to allow its members to share due diligence and to co-invest in the most promising blockchain ventures. BIC is t

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Investment focus

  • Industry: Solar, Blockchain, Crowdfunding
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • 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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Perivoli Innovations
VC Fund · 1 investments in South Africa Internet startups

Perivoli Innovations is a venture investment Trust established in 2016 by the Perivoli Trust. It donates profits to the Perivoli Foundation, a UK Charity, whose principal focus is Africa.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical Device
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, Kenya, South Africa

Investor stats

  • Total investments: 21
  • Round size: Seed $1.2M–$4.3M; Series A $1.4M–$6.2M; Series B $2.6M–$12M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Adaptavate — Our purpose is to help the construction industry adapt to change, by mainstreaming the production, manufacturing and availability of world leading low carbon building materials.
  • Greenspark — Turn your e-commerce business into a force for good, increase sales and engage your customers in climate action with Greenspark.
  • Cheesecake Energy — Cheesecake Energy is developing advanced thermal and compressed air energy systems to store energy from intermittent renewables, turning them into reliable power on-demand.
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Hlayisani Growth Fund
VC Fund · Fourways, NA - South Africa, South Africa · 1 investments in South Africa Internet startups

Hlayisani Growth Fund is focussed on mid-market, high growth private equity investments focussed on South Africa with an allowance for Sub-Saharan Africa and East African countries.

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Investment focus

  • Industry: Education, Apps, SaaS
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% 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.
  • Sticitt — Sticitt is a cashless payment platform. Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
  • d6 group — SCHOOLS Schools Communication Platforms and School Management Software COMMUNITIES Community & Internal Business Communication Platforms MEDIA Let your brand be seen Advertise on
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Basecamp Fund
VC Fund · New York, New York, United States · 1 investments in South Africa Internet startups

Alumni Ventures offers diversified venture portfolios to accredited investors into highly competitive deals that individuals typically do not have access to on their own.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: United States, Canada, Kenya

Investor stats

  • Total investments: 32
  • Round size: Seed $2M–$6M; Pre-Seed $1.1M–$2M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Zenskar — Zenskar seamlessly manages complex subscription and usage based billing. Meter high throughput data, and automate revenue accounting, analytics & dunning.
  • DataBrain — DataBrain creates a single source of truth for metrics for data teams so they can easily collaborate, add governance and operationalize metrics.
  • Bridge Money — The path towards upward economic mobility.
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Internet Investor funding in South Africa at a glance

Stats across 54 deals from 77 investors.

77
investors
in South Africa Internet startups
54
deals
in South Africa Internet startups
$1.2M
median round
in South Africa Internet startups
51%
lead investors
lead at least one round
37%
Seed
most common funding stage
84/16
VC / Angel
share of investor count

Access all 77 investors in South Africa Internet startups.

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