Enza Capital
Enza Capital is a multi-stage African venture capital firm investing from pre-seed through Series B into technology companies across fintech, AI, logistics, and related sectors spanning ten African countries, deploying capital through Fund I, Fund II, and the Enza Growth Capital evergreen vehicle.
- Company typePrivate
- Founded2019
- HeadquartersNairobi, Kenya
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Enza Capital does
Enza Capital is a privately held, multi-stage venture capital firm founded in 2019 and headquartered in Nairobi, Kenya, with additional offices in Johannesburg, London, and New York. The firm invests from pre-seed through Series B into African technology companies that organize offline industries online, digitize key sectors, and redefine how Africans live, earn, work, and do business. Sectors of focus include fintech, AI, logistics, human capital, education, energy and climate, and cybersecurity, with a geographic reach spanning ten African countries: Côte d'Ivoire, Egypt, Ghana, Kenya, Uganda, Morocco, Nigeria, Rwanda, Senegal, and South Africa.
Enza Capital deploys capital through two core funds (Fund I and Fund II) and the Enza Growth Capital evergreen vehicle, which can invest up to $20M per company over longer holding periods than traditional venture funds. First checks range from $250k to $5M with a typical sweet spot of $500k-$2M. The firm prefers to lead or co-lead investments and takes Board or Observer seats when doing so, with an investment process averaging approximately 2.5 months from first call to cash in bank. The portfolio comprises 35+ companies, including SeamlessHR, Autochek, Djamo, Peach Payments, Yakeey, Widebot, Lua AI, Guidewheel, and Quro Medical, and from Fund I alone the firm placed at least one follow-on investment in 12 of the 23 companies backed.
Revenue generation follows standard venture capital economics: management fees on committed capital under management (typically ~2% in the industry), performance-based carried interest on successful exits, and returns through equity appreciation via the Enza Growth Capital vehicle. Distribution is via direct founder engagement, warm-introduction networks, and a collaborative co-investment model alongside institutional partners including 4DX Ventures, Norrsken22, IFC, Y Combinator, TLcom Capital, and Flourish Ventures. The operating team is deliberately lean (1-10 employees) led by CEO Mike Mompi and founders John Lazar and David Cohen.
Enza Capital firmographics
Firmographics- Name
- Enza Capital
- Legal name
- Enza Capital
- Website
- https://enza.capital/
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Enza Capital is a multi-stage African venture capital firm investing from pre-seed through Series B into technology companies across fintech, AI, logistics, and related sectors spanning ten African countries, deploying capital through Fund I, Fund II, and the Enza Growth Capital evergreen vehicle.
- Ownership category
- akta.pro rank
Enza Capital industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Impact / ESG Venture Capital (FSANAAAG)
- akta.pro secondary industry
- ESG Integration / Responsible Investment Funds (Broad ESG) (FSANAJAL)
Keywords
Where Enza Capital is headquartered
LocationHeadquarters
- HQ city
- Nairobi
- HQ country
- Kenya
- HQ region
- Africa
Offices4 records
Markets served
Enza Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Management Fees: VC firms typically charge 2% management fee on committed capital under management, though specific rates are not publicly disclosed.
- Carried Interest: Performance-based carry typically 20% of profits above hurdle rate, earned when portfolio companies achieve successful exits through IPO or acquisition.
- Enza Growth Capital: Evergreen investment vehicle that can invest up to $20m per company over longer holding periods than traditional venture funds, generating returns through equity appreciation and exits.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Pre-seed investments: $250k to $2m for repeat founders with complete founding teams |
| Other | Multi-year contract | Seed to Series B: $500k to $5m for first check investments |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Enza Capital product offering
Product offeringCore offering
Enza Capital is a multi-stage venture capital firm that invests equity capital in African technology companies from pre-seed through Series B. The firm provides first-check investments ranging from $250k to $5m (typical sweet spot $500k-$2m) and operates an evergreen Enza Growth Capital vehicle that can invest up to $20m per company in follow-on rounds. Enza typically leads or co-leads rounds, takes Board or Observer seats, and supports portfolio companies across fintech, AI, logistics, human capital, education, energy & climate, and cybersecurity sectors in 10 African countries.
Product overview
Enza Capital is a multi-stage venture capital firm that invests in African technology companies. The firm operates across pre-seed through Series B stages, with first checks ranging from $250k to $5M USD (sweet spot $500k-$2M). The firm also runs Enza Growth Capital, an evergreen investment vehicle that can invest up to $20M per company over longer holding periods than traditional venture funds. The portfolio includes companies across fintech, logistics, health, human capital, climate smart sectors, and AI.
Differentiator
Problem solved
Functional benefit
Brands
- Enza Growth Capital: An evergreen investment vehicle that can invest up to $20m per company over longer holding periods than traditional venture funds.
Products and services
- Enza Capital Fund I & Fund II (Core Venture Funds) Core multi-stage venture capital funds that provide first-check equity investments to African technology companies from pre-seed through Series B. Funds typically lead or co-lead rounds and take Board or Observer seats.
- Enza Growth Capital (Evergreen Follow-On Vehicle) Evergreen investment vehicle that can invest up to $20m per company in follow-on rounds over longer holding periods than traditional venture funds, reserved for existing portfolio companies on high-growth trajectories with qualified demand for scaling capital.
- Founder Partner Program Program supporting founders and teams using technology to solve large and meaningful problems across Africa, offering board-level engagement, follow-on capital, and operational support networks across African markets.
Companies that use Enza Capital
Customer profileSegments5 records
Ideal customer profiles1 record
Enza Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Enza Capital partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights6 records
Enza Capital competitors and assessment
Company assessmentDirect peers
- P1 Ventures: Pan-African seed-stage VC. Direct peer — co-invests with Enza (Lua AI), similar pre-seed/seed sweet spot, comparable Africa-only geographic mandate.
- Oui Capital: Lagos-based Africa-focused pre-seed/seed VC. Direct peer — co-investor with Enza (Ndovu Wealth), overlapping West Africa fintech thesis and similar stage orientation.
- Future Africa: Pan-African pre-seed/seed VC. Direct peer — overlapping stage focus and shared portfolio (Ndovu Wealth), comparable founder-first thesis across African markets.
- 4DX Ventures: Pan-African early-stage VC. Direct peer — frequent co-investor with Enza (AethexAI, Ndovu Wealth) targeting the same pre-seed/seed founders across Africa.
- Novastar Ventures: East Africa-focused early-stage VC. Direct peer — similar Nairobi anchor, comparable check sizes at pre-seed/seed, and overlapping portfolio themes in fintech and human capital.
- Norrsken22: Pan-African early-to-growth VC firm based in Kigali. Direct peer — both funds invest across African tech stages, share overlapping LPs and co-invest frequently (Lua AI, Orca Fraud, Gigmile).
- TLcom Capital: Nigeria/London-headquartered Africa-focused VC investing pre-seed to Series B. Direct peer — overlapping sector focus (fintech, logistics), shared portfolio companies (TurnStay), and similar stage orientation.
Broad incumbents
- Partech: Global VC with a dedicated Africa fund (Partech Africa) investing from seed to growth. Broad incumbent — significantly larger AUM than Enza and overlapping investment geography, but covers Africa as one of multiple regions.
Regional players
- Beltone Venture Capital: Egypt-focused VC. Regional peer — co-invests with Enza in North Africa (Yakeey, Bluworks) but operates primarily in Egypt/MENA rather than pan-African.
Emerging players
- Flourish Ventures: Global fintech-focused VC with growing Africa exposure. Emerging peer — narrower thesis (fintech only) than Enza's diversified vertical approach but co-invests in overlapping names (Lua AI).
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Enza Capital social profiles
Digital presenceEnza Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Enza Capital leadership team
Management profileNumber of profiles
Profiles3 records
Enza Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Enza Capital M&A and investment
M&A and investmentM&A
Investments51 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Enza Capital
What does Enza Capital do?
Enza Capital is a multi-stage venture capital firm that invests equity capital in African technology companies from pre-seed through Series B. The firm provides first-check investments ranging from $250k to $5m (typical sweet spot $500k-$2m) and operates an evergreen Enza Growth Capital vehicle that can invest up to $20m per company in follow-on rounds. Enza typically leads or co-leads rounds, takes Board or Observer seats, and supports portfolio companies across fintech, AI, logistics, human capital, education, energy & climate, and cybersecurity sectors in 10 African countries.
Is Enza Capital a public or private company?
Enza Capital is a private company. It is classified as unknown and is currently operating.
When was Enza Capital founded?
Enza Capital was founded in 2019. It employs 1 to 10 people.
Where is Enza Capital based?
Enza Capital is headquartered in Nairobi, Kenya, in the Africa region.
How does Enza Capital make money?
Three revenue lines are on record. Management Fees are the primary driver. The others are carried Interest and enza Growth Capital.
Who are Enza Capital's main competitors?
Direct peers on record are P1 Ventures, Oui Capital, Future Africa, 4DX Ventures, Novastar Ventures, Norrsken22 and TLcom Capital. Partech is listed as a broad incumbent. Beltone Venture Capital is listed as a regional player. Flourish Ventures is listed as an emerging player.
Does Enza Capital have an API?
No public API is recorded for Enza Capital.
What industry is Enza Capital in?
Enza Capital's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAG, Impact / ESG Venture Capital, with a secondary code of FSANAJAL, ESG Integration / Responsible Investment Funds (Broad ESG). Its NAICS code is 523940 and its SIC code is 6282.