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Top 10 Travel VC (Venture Capital) Funds in Kenya in October 2023

A list of 10 VC (Venture Capital) funds that invest in Travel startups based in Kenya. We rank investors based on the number of investments they made in Travel companies from Kenya. We update this investor list every month.

Top 10 Travel VC (Venture Capital) Funds in Kenya in October 2023

Investor Travel Kenya investments
Gullit 1
XA Network 1
FrontEnd Ventures 1
Renew Capital 1
Five35 Ventures 1
Change Com 1
Artha Group 1
Savannah Fund 1
daba 1
Norfund 1

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Investor list
Gullit
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investment in the past 12 months

Gullit advises and finances scalable early-stage tech firms in Africa. Additionally, Gullit provides funding for startups during the seed, pre-seed, debt acquisition, and restructuring phases.

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Investment focus

  • Travel, Reservations, Public Transportation
  • Pre-Seed
  • Kenya

Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
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XA Network
VC Fund · Singapore, Central Region, Singapore · 5 investments in the past 12 months

XA Network provides smart capital to startups in Southeast Asia. We believe startups in Southeast Asia deserve a better breed of angels - genuinely wanting to go beyond capital.

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Investment focus

  • FinTech, Information Technology, Financial Services
  • Seed, Pre-Seed, Series A
  • Singapore, Indonesia, Vietnam

Portfolio highlights

  • GORO — Easy property investing from IDR10,000 and earn up to 10% return per year paid monthly at GORO.
  • Proglix — Proglix is ​​a goods procurement platform for raw materials and finished industrial goods.
  • Beep Technologies — Beep is creating a universal, modular platform bridging the physical and digital divide, powering smart, contextual & interoperable connectivity across physical touchpoints whilst ensuring true customer privacy by leveraging on decentralised technology.
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FrontEnd Ventures
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investment in the past 12 months

FrontEnd Ventures is a venture capital fund committed to supporting local and diverse founder teams that are ridiculously passionate about innovating and changing their value chains.

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Investment focus

  • Travel, Reservations, Public Transportation
  • Pre-Seed
  • Kenya

Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
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Renew Capital
VC Fund · Addis Ababa, Adis Abeba, Ethiopia · 2 investments in the past 12 months

RENEW and the Impact Angel Network are one of the most active private equity investors in Ethiopia and recently expanded to Uganda. RENEW and the IAN seek to become the most successful SME investment firm in Sub-Saharan Africa, investing in hundreds of companies across twenty countries. Their mission is to find, invest and help grow great companiesled by visionary leaders.

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Investment focus

  • Food and Beverage, Baby, Reservations
  • Seed, Angel, Pre-Seed
  • Uganda, Ethiopia, Kenya

Portfolio highlights

  • Inputi — Inputi is an online marketplace, aggregator, and distributor for farm supplies based in Kampala, Uganda.
  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • AkelloBanker — AkelloBanker is a data-driven digital finance technology company. The company was founded in 2015 and is headquartered in Makerere, Kampala, Uganda.
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Five35 Ventures
VC Fund · Gauteng, NA - South Africa, South Africa · 4 investments in the past 12 months

Five35 Ventures is committed to unlocking capital and growth opportunities for female-focused early-stage African technology startups.

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Investment focus

  • Information Technology, Health Care, Wellness
  • Seed, Pre-Seed, Funding Round
  • South Africa, Kenya, Nigeria

Portfolio highlights

  • Kasha — Kasha is an innovative e-commerce platform based in East Africa, built for women's health, personal care and beauty products accessibility within urban and rural areas.
  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • Zuri Health — .ts-banner-image-1:hover .overlay{background-color:#ffffff} .ts-banner-image-2:hover .overlay{background-color:#ffffff} Popular categories Pharmacy Doctor at home Covid Labs & Diagonstics Wellness Telemed Show all Our Services PharmacyBuy both OTC and prescription medication and have it delivered to your doorstepLabs & DiagnosticsBook labs and Diagnostic tests and get your samples collected from the comfort of your home, hotel
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Change Com
VC Fund · Oslo, Oslo, Norway · 2 investments in the past 12 months

Change Com AS is an Oslo-based advisory and investment company,founded by long-term Telenor research scientist, business developer and senior project manager Endre Skolt.

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Investment focus

  • Travel, FinTech, Software
  • Pre-Seed, Seed
  • Kenya, Australia

Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • ImaliPay — ImaliPay is a financial health platform offering financial products to freelancers and blue collar gig workers in partnership with gig platforms.
  • Aerotruth — Aerotruth is a B2B SaaS solution which automates the document on-boarding process for banks, financial institutions and fintechs
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Artha Group
VC Fund · Mumbai, Maharashtra, India · 9 investments in the past 12 months

Artha India Ventures' league of member Angel Investors mentor and invest in nascent ventures with business ideas that create value by participating in the entrepreneurial process. AIV have invested in more than 47 start-ups and has diversified portfolio ranging from last minute hotel bookings (HotelsAroundYou.com), to classes aggregators(FindUrClass.com), cosmetic ecommerce (Purplle.com) and at home salon services (The Home Salon). From microfinance credit rating platforms (Inventure) to online interview platforms (Talview), electronic repair & insurance companies (PickMeIndia.com), Cloud Telephone (Exotel.com) and Cab Aggregators (BookMyCab.com) the portfolio has it all.

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Investment focus

  • Information Technology, Internet, E-Commerce
  • Seed, Angel, Funding Round
  • India, United States, Kenya

Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • GetWork — GetWork is India's leading fresher hiring platform that connects job seekers with top employers. Find your dream job today with GetWork. Sign up now!
  • KarmaLifeAI — KarmaLifeAI is an AI-powered digital solution for the financial well being of blue-collar gig workers and micro-business. The company allows the user to pay directly for key expenditures and smoothen their consumption patterns. It offers real-time access to credit for gig workers, based on their payroll account, through partnerships with thedigital platforms they work for. It operates an interest-free subscription model in which the platform or the gig worker can pay a flat fee and access credit equalling up to one-third of their monthly income. The company analyzes alternative data points and payment behavior over time to unlock higher credit lines for the workers.
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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya

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

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

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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daba
VC Fund · Miami, Florida, United States · 1 investment in the past 12 months

Provider of a fintech platform intended to access investment analysis and build wealth by investing in the African private and public capital markets. The company's platform offers an application for investing and trading the best African startups, stocks, and digital assets at once, enabling users to get all the latest news and curatedupdates in one place to maximize their investments.

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Investment focus

  • Travel, Reservations, Public Transportation
  • Pre-Seed
  • Kenya

Portfolio highlights

  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
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Norfund
VC Fund · Oslo, Oslo, Norway · 5 investments in the past 12 months

Norfund is the Norwegian Investment Fund for developing countries with 24.9 bill. NOK in total commitments (2019).

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Investment focus

  • Energy, Financial Services, Renewable Energy
  • Funding Round, Private Equity, Debt Financing
  • Kenya, South Africa, United Kingdom

Portfolio highlights

  • Miniplast — Miniplast Limited is one of the leading manufacturers of Industrial and Household products in Ghana with over 25 years of experience in the sector.
  • Hela Clothing — Hela Clothing is a clothing manufacturer. From design to delivery, the firm collaborates closely with brands in the intimate, sleepwear, and children's product lines. With design centers in major markets, they can watch and predict customer preferences. This enables us to provide their customers with unique design options that fit theirrequirements.
  • OH Ecosystems — OH Ecosystems is a confectionary company that produces and operates cocoa processing and confectioneries.
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