Ingressive capital is a leading seed-stage VC which helps to fund the next upcoming African innovators.
“In addition to being one of the few active seed-stage VCs in the region, Ingressive Capital (IC) leverages its global network to assist with growth and scale. They plug startups into new major clients, new investors, talent, and provide financial support.
Through IC’s network of limited partners (investors in their fund) including those who runs Y Combinator, Techstars, WTI and over 10 other top funds and accelerators, they help companies get follow-on funding from abroad.
Their sister company, Ingressive LLC, serves top international tech businesses and investment funds seeking to enter and operate across Sub-Saharan Africa, or support / acquire local startups.
Ingressive has served more than 50 global firms and investors who have gone on to make over 30 investments in the region. Ingressive LLC also holds a network of technical talent including 10,000 developers and designers. This work is leveraged to support portfolio companies as well.”
Ingressive Capital invests in regions that benefit from peaceful political transitions, government-backed connectivity initiatives, and increasingly business-friendly regulations and tax incentives.
Africa holds more mobile users than the US and UK combined at 650 million. Sub-Saharan Africa anticipates mobile penetration to reach 93% by 2020. Africa holds the world’s fastest-growing middle class with consumer spending set to hit $1.4 trillion by 2020.
3 of the world’s fastest-growing economies by GDP, youngest consumer demographics with an estimated 41% of its 1.2 billion people under 15 years; and 75% of the population under 35 years.
Some globally famous VCs are tapping the potential of the African startup ecosystem. It includes Andreessen Horowitz, Social Capital, Greatcroft, Partech Venture, Google Developers Launchpad, Facebook, Tiger Global, CAA, TPG, IFC, WTI, and many more.
Ingressive was launched in 2015 to drive funding, mentorship and tech resources to Sub-Saharan Africa. 50+ clients to date having done 30+ deals in West Africa.
In 2017, with many of the clients and partners from Ingressive, Ingressive Capital was launched. It was established as a fund to provide the portfolio companies with access to international accelerators, incubators and growth funds through LP base.
Below is what Ingressive Capital has to offer:
Good teamwork is necessary everywhere. The Ingressive team includes: