Africa Venture Labs
- Company typePrivate
- Founded2016
- HeadquartersDouala, Cameroon
- Headcount11–50
- GTM typeB2B
- OfferingServices
Africa Venture Labs firmographics
Firmographics- Name
- Africa Venture Labs
- Legal name
- AfricaVentureLabs
- Website
- https://africaventurelabs.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Africa Venture Labs industry classification
Industry- Product category
- Venture Capital
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
- akta.pro secondary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
Keywords
Where Africa Venture Labs is headquartered
LocationHeadquarters
- HQ city
- Douala
- HQ country
- Cameroon
- HQ region
- Africa
Offices3 records
Markets served
Africa Venture Labs business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Venture Capital Returns: The firm generates returns through equity investments in portfolio companies, realizing gains through exits via IPOs, acquisitions, or secondary sales. Returns are realized when portfolio companies achieve liquidity events.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Africa Venture Labs product offering
Product offeringCore offering
Africa Venture Labs is a venture capital firm that invests equity capital in early to growth-stage fintech and healthtech startups across Africa, focusing on financial inclusion and healthcare accessibility. The firm deploys capital across seed, Series A, Series B, and Series C stages in companies operating across 5 African countries (Cameroon, Nigeria, Kenya, Uganda, Côte d'Ivoire), and provides strategic support, local market expertise, and access to a global investor network for follow-on funding.
Product overview
Africa Venture Labs is a venture capital firm that invests in and partners with fintech and healthtech startups across Africa. Rather than offering a unified product platform, it operates as a portfolio investment company with a portfolio of 25+ companies. The portfolio is organized across two main sectors: Fintech companies (Djamo, CinetPay, Ejara, Diool, Neero, Paysika, Koree, Zitopay, Maviance PLC, Chipper Cash) providing digital banking, payment gateways, mobile money, cross-border payments, and cryptocurrency investment services; and Healthtech companies (Healthtracka, Ubenwa Health, DrugStoc, Waspito, Rocket Health, Field Intelligence, Ilara Health, Helium Health, MyDawa) providing telemedicine, digital health records, pharmacy supply chain, diagnostics, and medical device leasing.
Differentiator
Problem solved
Functional benefit
Products and services
- Venture Capital Investment Services
Quantifiable outcome
- 5M+ users served by portfolio companies
- +3 more outcomes
Companies that use Africa Venture Labs
Customer profileNamed customers19 records
Segments1 record
Ideal customer profiles2 records
Africa Venture Labs technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Africa Venture Labs partnerships and signals
Strategic signalScale indicators8 records
Recent moves5 records
Expansion highlights5 records
Africa Venture Labs competitors and assessment
Company assessmentDirect peers
- Partech: Pan-African venture capital firm with dedicated Africa funds investing across fintech, healthtech, and digital economy. Directly comparable as a multi-stage, multi-country Africa VC with similar portfolio profile.
- Ingressive Capital: Pan-African venture capital firm investing in early-stage tech companies with strong fintech focus. Comparable in sector concentration and stage focus.
- Microtraction: Nigeria-anchored early-stage VC firm backing African tech founders, including fintech and healthtech. Comparable as a sector-focused African seed investor.
- Novastar Ventures: East and West Africa-focused VC firm backing early-stage businesses serving mass-market consumers, including fintech and healthtech. Comparable in stage focus and sector specialization.
- Future Africa: Africa-focused venture firm backing early-stage founders building platforms with network effects, including fintech and digital health. Similar stage profile and pan-African scope.
- Consonance Investment Managers: Africa-focused early-stage healthcare and technology investor. Comparable for the healthtech portion of AfricaVentureLabs' portfolio thesis.
- Launch Africa Ventures: Pan-African fund investing seed and Series A in tech-enabled businesses, with notable fintech and healthtech exposure. Highly comparable as a sector-focused early-stage Africa VC.
- TLcom Capital: Africa-focused VC firm investing in early-to-growth stage tech companies, with strong fintech and digital health exposure. Operates across multiple African markets with a similar thesis-driven approach.
- 4DX Ventures: Pan-African early-stage venture capital firm focused on technology-enabled companies. Similar stage and pan-African orientation make it a directly comparable peer.
Regional players
- Knife Capital: South Africa-focused VC firm investing in early-to-growth stage technology-enabled businesses. Comparable in thesis and stage, though primarily Southern Africa-focused versus AfricaVentureLabs' CEMAC/West Africa focus.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Africa Venture Labs social profiles
Digital presenceAfrica Venture Labs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Africa Venture Labs leadership team
Management profileNumber of profiles
Profiles2 records
Africa Venture Labs funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Africa Venture Labs M&A and investment
M&A and investmentM&A
Investments21 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Africa Venture Labs
What does Africa Venture Labs do?
Africa Venture Labs is a venture capital firm that invests equity capital in early to growth-stage fintech and healthtech startups across Africa, focusing on financial inclusion and healthcare accessibility. The firm deploys capital across seed, Series A, Series B, and Series C stages in companies operating across 5 African countries (Cameroon, Nigeria, Kenya, Uganda, Côte d'Ivoire), and provides strategic support, local market expertise, and access to a global investor network for follow-on funding.
Is Africa Venture Labs a public or private company?
Africa Venture Labs is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Africa Venture Labs founded?
Africa Venture Labs was founded in 2016. It employs 11 to 50 people.
Where is Africa Venture Labs based?
Africa Venture Labs is headquartered in Douala, Cameroon, in the Africa region.
How does Africa Venture Labs make money?
One revenue line is on record: venture Capital Returns.
Who are Africa Venture Labs's main competitors?
Direct peers on record are Partech, Ingressive Capital, Microtraction, Novastar Ventures, Future Africa, Consonance Investment Managers, Launch Africa Ventures, TLcom Capital and 4DX Ventures. Knife Capital is listed as a regional player.
Does Africa Venture Labs have an API?
No public API is recorded for Africa Venture Labs.
What industry is Africa Venture Labs in?
Africa Venture Labs's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists), with a secondary code of FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 523940 and its SIC code is 6282.