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Founders Factory Africa — Pre-Seed & Seed VC Firm ($50K–$500K Checks)

VC
Johannesburg, South AfricaWebsite

Founders Factory Africa is a Pre-Seed, Seed venture capital firm based in Johannesburg, South Africa investing in Other, SaaS, Fintech. The firm typically writes $50K–$500K checks and has 5 portfolio companies in our records.

Check size
$50K–$500K
Portfolio
5 companies on record
Partners
9 listed
Stage
Pre-Seed, Seed
Sectors
Other, SaaS, Fintech, EdTech, Food / AgTech, Consumer, Enterprise, AI / ML
HQ
Johannesburg, South Africa
AUM
Not in our records
How to approach: warm intro preferred
Stage

Pre-Seed, Seed

Check Size

$50K – $500K

Portfolio

5+ companies

Team

9 partners

Investor activity
Investments in last 12 months: 0

Investment Thesis

Founders Factory Africa backs early-stage African startups and can provide operational support through its venture-building model.

How Founders Factory Africa invests

Founders Factory Africa is a vc firm based in Johannesburg, South Africa. The firm invests at the Pre-Seed, Seed stages, with a focus on Other, SaaS, Fintech, EdTech, Food / AgTech.

Founders Factory Africa typically writes checks of $50K–$500K per investment. Our records include 2 funds raised by the firm.

Founders Factory Africa has backed 5 companies in our records, including FoodLocker, Schoolable, LipaLater.

Partners & Team

BS

Bongani Sithole

General Partner

AT

Alina Truhina

Board Member

BO

Boye Oshinaga

Partner

RR

Roo Rogers

Executive Chairperson

DM

Daniel Maison

Partner

EW

Eunice Wambui

Principal

HD

Hope Ditlhakanyane

Principal

PM

Philani Mzila

Investment Manager

LA

Loraine Achar

Associate

Industry Focus

Invests In

Other
SaaS
Fintech
EdTech
Food / AgTech
Consumer
Enterprise
AI / ML

Funds

Founders Factory Africa Fund II

$150M2023
investing

Founders Factory Africa Fund I

$100M2021
investing

Portfolio Companies (5)

Other

FO

FoodLocker

agritech / food systems·early-stage accelerator investment·Founders Factory Africa / venture-building program

Nigerian agritech startup focused on improving food supply-chain operations

SC

Schoolable

fintech / education finance·accelerator investment·Founders Factory Africa and Standard Bank-backed fintech program

School-financing platform that helps parents pay schools and enables schools to receive funds more reliably

LI

LipaLater

fintech / consumer credit·accelerator investment·Founders Factory Africa and Standard Bank-backed fintech program

Lending marketplace for consumer purchases, especially high-end goods

EA

Eazyhire

fintech / asset leasing / industrial services·accelerator investment·Founders Factory Africa and Standard Bank-backed fintech program

Peer-to-peer leasing platform for building and heavy machinery equipment

KU

Kudigo

enterprise software / retail tech·accelerator investment·Founders Factory Africa and Standard Bank-backed fintech program

SaaS startup building retail software and big-data tools for consumer retail in sub-Saharan Africa

How to pitch Founders Factory Africa
  • •Raising at Pre-Seed, Seed? You're squarely in their sweet spot.
  • •Lead with your fit in Other, SaaS, Fintech — the sectors they actively back.
  • •Size your ask to their typical $50K – $500K check.
  • •warm intro preferred
  • •Address your outreach to a specific partner, such as Bongani Sithole, General Partner.
  • •A warm introduction beats a cold email. Get matched and request an intro.

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