Kenya · Investor

88mph.ac

Last cheque observed Sep 2014. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

AcceleratorQuiet

Pre-seedSeedSeries AMobileAppSmartphone

Cheques on record
0%of best year0cheques in 12 months, 7 on record
Since the last cheque4434days00hrs00min00sec
Median round$71KRounds led0 of 7Sole investor4 roundsMostly inSouth Africa, 57%
Pitch 88mph.ac

88mph.ac highlights

  1. 01

    7 rounds on record

  2. 02

    Mostly Seed: 100% of its rounds

  3. 03

    Sole investor in 4 rounds, median $30K

What they do

88mph, a seed fund and incubator that launched earlier this year.From their own website
Type
Accelerator (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries A
Sectors
MobileAppSmartphone
Based in
Nairobi, Kenya
Cold pitches
Accepted

The record

Every round we can evidence, newest first7 appearances

  1. 2014

    4 rounds

  2. Sept
    Ekaya.comSeed · ZA$128KWith 5 others
  3. Jul
    BookNowSeed · KE$75KWith 3 others
  4. Feb
    8bitSeed · GB$30KSole investor
  5. Jan
    GraphflowSeed · ZA$225KWith 1 other
  6. 2013

    3 rounds

  7. Oct
    TouristlinkIN · techcircle.vccircle.comUndisclosedSole investor
  8. Feb
    easy2mapSeed · ZA · siliconcape.com$25KSole investor
  9. Feb
    Peach PaymentsSeed · ZA$68KSole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 5 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What they claim to have backed

From their own portfolio page (on their website)

10 of 31 we have independently watched raise

Apex PeakBambuserBooknowCatchFastCoGraphflowMdundoPeach PaymentsTouristlinkWabonaAhoyBabygroupByte MoneyDiarize.meEkayaFutaaGamsoleGhaflaGrant ThorntonHivisasaMovasMyDoorHandlePetheavenPlatformQuickly SignSeacomSematimeThe EconomistYumZukumbet

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Quick answers about 88mph.ac

What does 88mph.ac invest in?

88mph.ac invests most often at Seed (100% of the rounds on record), in sectors such as Mobile, App and Smartphone.

How active is 88mph.ac?

7 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2014.

How big are 88mph.ac's cheques?

The median round it joins is $71K.

Does 88mph.ac lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

Where does 88mph.ac invest?

Most of the companies it backs are in South Africa (57%), Kenya (14%) and the United Kingdom (14%).

Is 88mph.ac investing now?

No investments in the last 12 months; the latest was in Sept 2014.

What kind of investor is 88mph.ac?

88mph.ac is an accelerator based in Nairobi, Kenya.

Does 88mph.ac take cold pitches?

Yes: its own website says it reads unsolicited pitches.

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it