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54 Collective

Africa, NA - South Africa, South Africa, Johannesburg

Description

54 Collective is an early-stage venture capital firm dedicated to fostering the growth of African technology startups. Based in Johannesburg, South Africa, the firm positions itself as a crucial partner for founders building scalable tech-enabled businesses across the continent. Their mission centers on providing catalytic capital, alongside significant value-add support and access to a global network, to empower the next generation of African tech entrepreneurs. They are sector-agnostic, demonstrating a broad interest in innovative solutions that address various market needs within Africa.

The firm primarily focuses on pre-seed and seed-stage investments, aiming to be among the first institutional investors in promising startups. Their initial cheque sizes typically range from $100,000 to $500,000, reflecting their commitment to providing foundational capital that can help early-stage companies achieve critical milestones. 54 Collective seeks out companies with strong founding teams and significant market potential, leveraging their deep understanding of the local context combined with a global perspective.

Beyond capital, 54 Collective offers comprehensive post-investment support designed to accelerate portfolio companies' development. This includes strategic guidance on talent acquisition, facilitating key partnerships, assisting with subsequent fundraising rounds, and providing operational expertise. The team brings a wealth of experience, boasting over 50 years of combined expertise in venture capital, technology, and entrepreneurship. This collective knowledge is instrumental in guiding their portfolio, which currently spans over 10 companies across more than 7 African countries, highlighting their widespread impact and commitment to the continent's burgeoning tech ecosystem.

Investor Profile

54 Collective has backed more than 23 startups, with 5 new investments in the last 12 months alone. The firm has led 6 rounds, about 26% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Grant rounds (top funding stages).
  • Majority of deals are located in Kenya, United States, United Kingdom.
  • Strong thematic focus on Financial Services, FinTech, Supply Chain Management.
  • Led 2 rounds in the past year.
  • Typical check size: $100K – $500K.

Stage Focus

  • Seed (48%)
  • Pre Seed (43%)
  • Grant (4%)
  • Series Unknown (4%)

Country Focus

  • Kenya (39%)
  • United States (17%)
  • United Kingdom (13%)
  • Nigeria (9%)
  • Tunisia (9%)
  • Ghana (4%)
  • South Africa (4%)
  • Zambia (4%)

Industry Focus

  • Financial Services
  • Fintech
  • Supply Chain Management
  • Finance
  • Payments
  • Health Care
  • Logistics
  • Apps
  • Mobile Payments
  • Public Transportation
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does 54 Collective frequently co-invest with?

Renew Capital
Africa, Adis Abeba, Ethiopia, Addis Ababa
Co-Investments: 2
Adaverse
Africa, Lagos, Nigeria, Lagos
Co-Investments: 1
E
Europe, England, United Kingdom, London
Co-Investments: 2
Ajim Capital
North America, Texas, United States, Austin
Co-Investments: 1
Interswitch
Africa, Lagos, Nigeria, Lagos
Co-Investments: 2
Betatron Venture Group
Asia, Hong Kong Island, Hong Kong, Sheung Wan
Co-Investments: 2
Launch Africa
Africa, Plaines Wilhems, Mauritius, Ebène
Co-Investments: 4
Chapel Hill Denham
Africa, Lagos, Nigeria, Lagos
Co-Investments: 2
Five35 Ventures
Africa, NA - South Africa, South Africa, Gauteng
Co-Investments: 2
Techstars Toronto Accelerator
North America, Ontario, Canada, Toronto
Co-Investments: 2

Which angels does 54 Collective often collaborate with?

Olugbenga Agboola
Africa, Nigeria
Shared Deals: 2
SH
Africa, NA - South Africa, South Africa, Cape Town
Shared Deals: 1
AR
North America, California, United States
Shared Deals: 1
Babs Ogundeyi
Africa, Lagos, Nigeria, Yaba
Shared Deals: 1
MK
North America, Massachusetts, United States, Boston
Shared Deals: 1
VA
North America, California, United States, San Diego
Shared Deals: 1
IE
North America, New York, United States, New York
Shared Deals: 1
TT
Europe, England, United Kingdom, London
Shared Deals: 1
Jason Njoku
Africa, Lagos, Nigeria, Lagos
Shared Deals: 1
Youcef Oudjidane
Asia, Dubai, United Arab Emirates, Dubai
Shared Deals: 1

What are some of recent deals done by 54 Collective?

Konnect

Tunis, Tunis, Tunisia

A cross-border payment solution intended to simplify complex financial flows.

Financial ServicesFinTechMobile PaymentsPayments
Series UnknownMay 6, 2025
Yeah

Lusaka, NA - Zambia, Zambia

Yeah is a financial technology company that offers payment processing services while building a credit profile for the banked and unbanked.

Financial ServicesFinTechLendingMobile PaymentsPayments
Pre SeedJan 30, 2025
Amount Raised: $300,000
Billboxx

New York, New York, United States

Cash flow solutions enabling businesses in Africa to pay and get paid on time, every time through an integrated billing-to-payment platform

Financial Services
Pre SeedDec 11, 2024
Amount Raised: $1,600,000
Konnect

Tunis, Tunis, Tunisia

A cross-border payment solution intended to simplify complex financial flows.

Financial ServicesFinTechMobile PaymentsPayments
SeedOct 1, 2024
Amount Raised: $1,300,000
8B Education Investments

New York, New York, United States

8B Education Investments is a financial service company.

AdviceEducationFinanceFinancial ServicesFinTech
SeedSep 23, 2024
Renda

Ikeja, Lagos, Nigeria

Renda is to streamline and make the order fulfilment and retail distribution process easier for e-commerce enterprises.

LogisticsSupply Chain ManagementTransportation
Pre SeedMay 2, 2024
Amount Raised: $1,300,000
Zanifu

Nairobi, Nairobi Area, Kenya

Zanifu is a regulated financial technology company that provides inventory financing for MSMEs.

Financial ServicesFinTechSocial ImpactSupply Chain Management
SeedAug 21, 2023
Amount Raised: $11,080,332
MyCover.ai

Lekki, Lagos, Nigeria

An open insurance API that enables businesses embed insurance into their existing products & services.

InsuranceInsurTech
Pre SeedJul 19, 2023
Amount Raised: $1,250,000
Buupass

Nairobi, Nairobi Area, Kenya

BuuPass is Kenya's market leader for online bus booking.

Public TransportationReservationsTravel
Pre SeedFeb 12, 2023
Amount Raised: $1,301,748
Zazuu

London, England, United Kingdom

Zazuu is a platform for sending money across the border.

FinanceFinancial ExchangesFinancial ServicesFinTechPayments
SeedJul 13, 2022
Amount Raised: $2,000,000