Uncap

Giving every good founder a chance to access funding

What we do

Uncap provides innovative, automated, and unbiased funding to early-stage founders in sub-Saharan Africa. We invest ticket sizes of between 10,000 EUR and 50,000 EUR using a remote, data-driven, and mainly automated process.

How we do it

Uncap’s application process focuses on quantifiably assessing the founder’s ability to grow and scale a great business. Applications are made online through the Uncap portal where founders complete a series of questions and assessments. There is no need for pitch decks, business plans, lengthy meetings, or investment committees, and no collateral is required.

We invest through redeemable equity-revenue-based financing ‘RBF’ that is designed to meet the needs of early-stage businesses. This means that we purchase shares that can be redeemed by the company at a pre-agreed multiple using a percentage of their monthly revenues. 

Why we do it

Founded in 2019, our goal is to make early-stage funding accessible to every good founder in sub-Saharan Africa. One of the barriers to equal opportunity in growing a business is access to early-stage funding, which is unfairly distributed and highly biased in regard to gender, education, and location.

Criteria

  • Early-stage founders in Nigeria, Kenya, Rwanda, and Uganda
  • At least 10,000 EUR of revenue traction over the last 12 months
  • Scalable business model Well-kept records of business operations
  • Registered limited company
  • Industry agnostic

Uncap

Uncap

Overview

Website Visit website
Location Nairobi, Kenya
Targets Kenya, Nigeria, Rwanda, Uganda
Sectors Sector agnostic

Team

Programs

Portfolio

Name Country Sector(s)
Kazi Tech (Kenya) Ltd
We know a guy
Kenya Diversified services, E-commerce, Mobile
Bringo Fresh
If its not safe, its not food.
Uganda Agritech
Real Green Gold Ltd
The Organic to Smile Healthy
Rwanda Crop farming, Food and beverage, Food production
Vertical and Micro Gardening (VMG)
Www.vmg.verticalandmicrogardening.org
Uganda Agribusiness
SANIT WING LTD
We do Avocado supply and processing into oils and cosmetics.
Rwanda Agritech, Manufacturing
Recycl’Africa
We produce organic fertilizer from organic waste for farmers.
Rwanda Agribusiness, Environmental services, Waste manage…
GLO INVENTIONS UGANDA LIMITED
RURAL AREA BROADBAND INTERNET NETWORKS(RABBINs)
Uganda Education, Healthcare, ICT
Caplora Academy
Providing tech freelance skills to youths in Africa
Kenya Education