Tech Company Financing Transactions

FoondaMate Funding Round

FoondaMate closed a $2 million Seed venture capital round on 5/24/2022. Investors included LocalGlobe, Emerge Education and private investors.

Transaction Overview

Company Name
Announced On
5/24/2022
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors

LocalGlobe (Lead Investor) (Ziv Reichert)

Emerge Education

private investors (Isaac Oates)

private investors (Iyin Aboyeji)

private investors (Marcus Swanepoel)

private investors (Odunayo Eweniyi)

Lofty Ventures

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
Undisclosed
Cape Town, Undisclosed
South Africa
Phone
Undisclosed
Email Address
Not Recorded
Overview
FoondaMate makes education accessible to those who might have no other means of getting study material. Currently the majority of students in developing countries, and especially Sub-Saharan Africa, do not have access to WiFi. As a result most students cannot download study notes or past papers, and cannot look things up on the internet if they are confused.
Profile
FoondaMate LinkedIn Company Profile
Social Media
FoondaMate Company Twitter Account
Company News
FoondaMate News
Facebook
FoondaMate on Facebook
YouTube
FoondaMate on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Tao Boyle
  Tao Boyle LinkedIn Profile  Tao Boyle Twitter Account  Tao Boyle News  Tao Boyle on Facebook
Co-Founder
Dacod Magagula
  Dacod Magagula LinkedIn Profile  Dacod Magagula Twitter Account  Dacod Magagula News  Dacod Magagula on Facebook


 

 

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