How we work
Companies that fit our model well
We love working with founders and welcome all engagement with businesses seeking non-dilutive funding. Our mandate is likely to expand into new geographies as we grow, but for now we are looking for businesses that:
- Are headquartered in, or have operations in South Africa
- Are revenue-generative and have been in operation for at least 3 years with actively paying customers
- Have a strong founding and leadership team with the expertise and appetite to grow and scale
- Are gross profit and/or net profit positive
- Have an accounting system and a finance function
- Have competitive positioning in the market and are well-positioned to scale
- Have a strong “north star” toward growth and impact. We love companies that create jobs, enable access for underserved communities, promote under-represented founders and staff and aim to significantly shift their environments for the better.
At this stage we are not able to invest in companies that:
- Are not active in South Africa
- Are very early stage and have not established product-market fit
- Are in “sin” industries (gambling, tobacco, etc) or in primary agriculture or primary mining.