Launched four years ago, the South African start-up
A young South African start-up founded 4 years ago. Last July, it raised more than $2 million in Series A. Funds that will be used “for our expansion in South Africa and the United States,” explains its administrative and financial director, Timothy Willis.
Investors quickly became interested in the startup entering the market: their seed fundraising in the summer of 2017 amounted to $650,000, provided by the 4Di Capital and Savannah Fund funds. A year later, South African bank Nedbank became the main supporter in their Series A fundraising campaign, which raised more than $2 million.
While the vast majority – 90% – of their customers are in South Africa, the contractors have embarked on an international expansion drive, and