Investor

Africa Angels Network

Last cheque observed May 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

SeedVenture

Cheques on record
0%of best year0cheques in 12 months, 11 on record
Since the last cheque4178days00hrs00min00sec
Median round$1.6MRounds led0 of 11Sole investor6 roundsMostly inSouth Africa, 30%
Pitch Africa Angels Network

Africa Angels Network highlights

  1. 01

    11 rounds on record

  2. 02

    Mostly Seed and Venture: 100% of its rounds

  3. 03

    Sole investor in 6 rounds, median $500K

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Cold pitches
Not stated

The record

Every round we can evidence, newest first11 appearances

  1. 2015

    4 rounds

  2. May
    OradianSeed · HRUndisclosedWith 6 others
  3. May
    SweepSouthVenture · ZAUndisclosedWith 4 others
  4. Feb
    ACE-Africa Courier ExpressSeed · NG$3.0MWith 2 others
  5. Feb
    AnganiSeed · KEUndisclosedWith 2 others
  6. 2014

    6 rounds

  7. Oct
    Delivery ScienceSeed · NG$500KSole investor
  8. Sept
    AndelaSeed · US$3.0MWith 12 others
  9. Jul
    YocoSeed$1.6MSole investor
  10. Feb
    PrepClassSeed · NG$20KSole investor
  11. Jan
    MERGIMS corporationSeed · RWUndisclosedSole investor
  12. Jan
    BozzaSeed · ZAUndisclosedSole investor
  13. 2013

    1 round

  14. Jan
    WabonaSeed · ZAUndisclosedSole 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.

What they claim to have backed

From their own portfolio page (on their website)

0 of 2 we have independently watched raise

Bizbet-onlinelivescores.biz

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.

Who they invest alongside

The investors most often in the same rounds as Africa Angels Network. A count of rooms they were both in, not a relationship either has claimed.

Quick answers about Africa Angels Network

What does Africa Angels Network invest in?

Africa Angels Network invests most often at Seed and Venture (100% of the rounds on record).

How active is Africa Angels Network?

11 investments on record, 0 of them in the last 12 months. The most recent was in May 2015.

How big are Africa Angels Network's cheques?

The median round it joins is $1.6M.

Does Africa Angels Network lead rounds?

Rarely, if at all: none of its 11 investments on record names it as the lead.

Where does Africa Angels Network invest?

Most of the companies it backs are in South Africa (30%), Nigeria (30%) and Croatia (10%).

Is Africa Angels Network investing now?

No investments in the last 12 months; the latest was in May 2015.

Who does Africa Angels Network invest alongside?

Most often Pule Taukobong (2 rounds together) and Savannah Fund (2 rounds together).

What kind of investor is Africa Angels Network?

Africa Angels Network is a VC firm.

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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