# TLcom Capital LLP: portfolio, investments and team

> TLcom Capital LLP is a vc firm based in United Kingdom. 11 investments on record, 3 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/tlcom-capital (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Investor](https://millionrounds.com/investors)

# TLcom Capital LLP

Last cheque observed Oct 2026; 11 cheques on record.

Email

Deploying now VC firm

Seed Series A Series B Technology

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Deploying now

**75%** of best year **3** **cheques in 12 months**, 11 on record

Since the last cheque **31** days **00** hrs **00** min **00** sec

Median round **$8.9M** Rounds led **3 of 11** Sole investor **1 rounds** Mostly in **South Africa, 30%**

Pitch TLcom Capital LLP

## TLcom Capital LLP highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Seed and Series A: 70% of its rounds
- 03 Sole investor in 1 rounds, median $3.1M

## What they do

> We find & fund Africa's best founders From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Technology
- **Based in:** London, United Kingdom
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **11 appearances**

- **2026** 3 rounds
- **Oct** **[Satlyt](https://millionrounds.com/company/satlyt)** Seed · KE · TechCabal **$8.0M** With 10 others
- **Mar** **[littlefish](https://millionrounds.com/company/littlefish)** Series A · ZA · Disrupt Africa **$9.5M** With 3 others
- **Feb** **[Flextock](https://millionrounds.com/company/flextock)** Series A · EG · Disrupt Africa **$13M** *Led*
- **2025** 2 rounds
- **Aug** **[HoneyCoin](https://millionrounds.com/company/honeycoin)** Seed · KE · Disrupt Africa **$4.9M** With 9 others
- **Aug** **[TurnStay](https://millionrounds.com/company/turnstay)** Seed · ZA · Disrupt Africa **$2.0M** With 6 others
- **2024** 2 rounds
- **Dec** **[HUB2](https://millionrounds.com/company/hub2)** Series A · CI · Disrupt Africa **$8.4M** *Led*
- **Oct** **[LittleFish](https://millionrounds.com/company/littlefish)** Venture · ZA · Disrupt Africa **Undisclosed** *Led*
- **2019** 1 round
- **Nov** **[uLessons](https://millionrounds.com/company/ulessons)** Seed · NG · TechCrunch **$3.1M** Sole investor
- **2018** 1 round
- **May** **[Cuebiq](https://millionrounds.com/company/cuebiq)** Series B · US · FinSMEs **$27M** With 5 others
- **2017** 1 round
- **Oct** **[Andela](https://millionrounds.com/company/andela)** Series C · US · FinSMEs **$40M** With 6 others
- **2016** 1 round
- **Jan** **[Persado](https://millionrounds.com/company/persado)** **$30M** With 5 others

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 **13** 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)

**17** of 31 we have independently watched raise

[Ajua](https://millionrounds.com/company/ajua)[Andela](https://millionrounds.com/company/andela)[Educatly](https://millionrounds.com/company/educatly)[Fairmoney](https://millionrounds.com/company/fairmoney)[Flextock](https://millionrounds.com/company/flextock)[Hub2](https://millionrounds.com/company/hub2)[Ilarahealth](https://millionrounds.com/company/ilara-health)[Kobo360](https://millionrounds.com/company/kobo360)[Littlefishapp](https://millionrounds.com/company/littlefish)[Pula-advisors](https://millionrounds.com/company/pula-advisors)[Satlyt](https://millionrounds.com/company/satlyt)[Seamlesshr](https://millionrounds.com/company/seamlesshr)[Shara](https://millionrounds.com/company/shara)[Talstack](https://millionrounds.com/company/talstack)[Turnstay](https://millionrounds.com/company/turnstay)[Ulesson](https://millionrounds.com/company/ulesson)[honeycoin.app](https://millionrounds.com/company/honeycoin) Agrails ESG Illatrucking Jointradehub Pitch Us Terragongroup Twigafoods Vendease Zonenetwork autochek.africa brightholdings.nl knabu.me kola.market okra.ng

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.

## The cheque

Seed Series A Series B

Median round joined **$8.9M** the round, not its cheque Alone, median **$3.1M**

Led 3 of 11 rounds **27%**

- **Sole investor:** 1 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Seed said *4*
- Series A said *3*
- Series B said *1*
- Series C *1*
- Venture *1*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Enza Capital](https://millionrounds.com/fund/enza-capital) 3
- [Antler](https://millionrounds.com/fund/antler) 2
- [Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) 2
- [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures) 2

**Pitching TLcom Capital LLP?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**Enza Capital** VC firm **3** rounds together](https://millionrounds.com/fund/enza-capital)[**Antler** VC firm **2** rounds together](https://millionrounds.com/fund/antler)[**Digital Currency Group** VC firm **2** rounds together](https://millionrounds.com/fund/digital-currency-group)[**Flourish Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/flourish-ventures)

## Recently backed

The latest companies TLcom Capital LLP put money into.

[**Satlyt** $8.0M · Oct 2026](https://millionrounds.com/company/satlyt)[**littlefish** $9.5M · Mar 2026](https://millionrounds.com/company/littlefish)[**Flextock** $13M · Feb 2026](https://millionrounds.com/company/flextock)[**HoneyCoin** $4.9M · Aug 2025](https://millionrounds.com/company/honeycoin)[**TurnStay** $2.0M · Aug 2025](https://millionrounds.com/company/turnstay)[**HUB2** $8.4M · Dec 2024](https://millionrounds.com/company/hub2)

## Quick answers about TLcom Capital LLP

### What does TLcom Capital LLP invest in?

TLcom Capital LLP invests most often at Seed and Series A (70% of the rounds on record), in sectors such as Technology.

### How active is TLcom Capital LLP?

11 investments on record, 3 of them in the last 12 months, and it led 3. The most recent was in Oct 2026.

### What has TLcom Capital LLP invested in recently?

Its most recent investments on record: Satlyt (Seed, Oct 2026), littlefish (Series A, Mar 2026) and Flextock (Series A, Feb 2026).

### How big are TLcom Capital LLP's cheques?

The median round it joins is $8.9M.

### Does TLcom Capital LLP lead rounds?

Yes: it led 3 of its 11 investments on record (27%).

### Where does TLcom Capital LLP invest?

Most of the companies it backs are in South Africa (30%), Kenya (20%) and the United States (20%).

### Is TLcom Capital LLP investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

### Who does TLcom Capital LLP invest alongside?

Most often Enza Capital (3 rounds together), Antler (2 rounds together) and Digital Currency Group (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=tlcom-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=tlcom-capital)
