Africa’s mix of economic growth, population growth, tech adoption, and digitalization is unmatched by other markets
Solid founders who are committed to the startup and each other. They have the background, experience, specialization, skills, and desire to execute their vision.
It’s not enough to have a great team. They need to have the temperament to attract, hire, train, and retain great people.
How large is the market they’re serving and is the timing right? Do they have the right team with the right temperament to capitalize on this market opportunity?
Regardless of what the product/service is, is it a good offering that solves a market problem that is urgent (people have it now), pervasive (lots of people have it), and valuable (they will pay to solve it).
They need to show initial indications of product-market fit. That is generating revenue of at least $5k - $50k/MRR at a 10% MoM.
Sector: We invest in tech and tech-enabled software companies across 8 verticals FinTech, HealthTech, EdTech, Logistics, Mobility, Marketplaces, B2B SaaS, and AgriTech.
Geography: Sub-Saharan Africa.
Stage: Pre-seed and Seed
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