Logo Venture Capital for Africa

SOKO Insight Inc. Get local market / consumer data from Africa

SOKO Insight empowers business leaders and organisations with reliable data and actionable insight from Africa. We use the concept of crowdsourcing to collect and aggregate consumer and market information within two weeks.

We do it via a grassroot network of local partners and the best data analytics tools available. We are currently live in 5 countries and looking to connect our clients with consumers from the 20 biggest countries by 2020.

Our first product Quest is a web-based data collection platform. Upcoming products include Pulse (event marketing) and Credit (credit scoring).

Fundraising

This venture is seeking finance for their venture. Are you an investor? Check out the Pro Account to see the details.

Idea

We have an elevator pitch. This is a high-risk venture that offers potentially high-rewards. We want you to sign an NDA before we share our business plan. We plan to execute a proven concept in a growing market.
We have an elevator pitch. This is a high-risk venture that offers potentially high-rewards. We want you to sign an NDA before we share our business plan. We plan to execute a proven concept in a growing market.

We are working on solving the data and information gap in Africa. Based on the premise that you can't manage what you can't measure, we believe that Africa growth and prosperity can't happen unless we have reliable data and actionable insights to track and measure our progress.

Team

Our founder has the business savvy and persistence to turn ideas into a company. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.
Our founder has the business savvy and persistence to turn ideas into a company. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.

Yannick Lefang is Founder & CEO, 10+ exp in telecom, banking, risk. Yannick built and run the platform. Prashant Shukla is Senior Advisor and holds a PhD Crowd Capital theory. Ex Fellow at CDL in Toronto, Prashant developed the crowdsourcing methodology


Product

We have a working product and you can request a demonstration. The product is built with open hardware and/or software, so there is no proprietary third-party IP.
We have a working product and you can request a demonstration. The product is built with open hardware and/or software, so there is no proprietary third-party IP.

Product is leveraging open source technology for collection/capture and basic reporting - Plan is to build inhouse to scale and grow. We are developing porducts on top of the data we collect, IP possible on drilldown feature and the crowdsourced credit scoring model

Revenue

We plan to start by building a community of passionate customers. We will earn revenue from an advertising model. We have a cash-flow prognosis. We plan to monetise our offering in the next phase.
We plan to start by building a community of passionate customers. We will earn revenue from an advertising model. We have a cash-flow prognosis. We plan to monetise our offering in the next phase.

Ad hoc project billed by response ($0.5-$0.55) with min of 5000 responses In house reports sold online ($500 each) - see https://soko.selz.com/

  1. Idea and Stage

  2. Team and Organization

  3. Market and Marketing

  4. Finance

  5. Investment

Team

Updates

More info