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The Venture Codex

Overview

Seed and early-stage technology venture capital firm.

Founded

2009

Deals ยท 12mo

2

Stage focus

Seed
Series A
Series B

Geographic focus

Mauritius
Nigeria
South Africa
The Netherlands
...

Sector focus

Enterprise Software
Mobile
Venture Capital

Investment portfolio

13rounds
NAMEDATESIZE
Happy Pay
Mar 2026Participated
$5 MSeed
Kuunda
Oct 2025Participated
$8 MSeries A
Sendmarc
Feb 2023Participated
$7 MSeries A
Leta
Nov 2022Participated
$3 MSeed
Numida
Sep 2022Participated
$12 MSeries A
Talk360
May 2022Participated
$4 MSeed
VALR
Mar 2022Participated
$50 MSeries B
CompariSure
Jan 2022Participated
$0.98 MSeries A
BFree
Jan 2022Participated
$2 MSeries A
LifeQ
May 2021Participated
$47 MOther Equity
Sensor Networks
Aug 2017Led
$0.74 MOther Equity
Zoona
Aug 2016Participated
$15 MSeries B
Happy Pay
Mar 2026Participated
$5 MSeed
Kuunda
Oct 2025Participated
$8 MSeries A
Sendmarc
Feb 2023Participated
$7 MSeries A
Leta
Nov 2022Participated
$3 MSeed
Numida
Sep 2022Participated
$12 MSeries A
Talk360
May 2022Participated
$4 MSeed
VALR
Mar 2022Participated
$50 MSeries B
CompariSure
Jan 2022Participated
$0.98 MSeries A
BFree
Jan 2022Participated
$2 MSeries A
LifeQ
May 2021Participated
$47 MOther Equity
Sensor Networks
Aug 2017Led
$0.74 MOther Equity
Zoona
Aug 2016Participated
$15 MSeries B
13
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

4Di Capital: 13 funding rounds are recorded in the selected participation categories.All available history.
4Di Capital: 13 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed03
Series A05
Series B02
Other Equity21

Monthly Deal Activity

4Di Capital: 13 deals are recorded across 194 months.All available history.
4Di Capital: 13 deals are recorded across 194 months. All available history
MonthDeals
Sep '101
Oct '100
Nov '100
Dec '100
Jan '110
Feb '110
Mar '110
Apr '110
May '110
Jun '110
Jul '110
Aug '110
Sep '110
Oct '110
Nov '110
Dec '110
Jan '120
Feb '120
Mar '120
Apr '120
May '120
Jun '120
Jul '120
Aug '120
Sep '120
Oct '120
Nov '120
Dec '120
Jan '130
Feb '130
Mar '130
Apr '130
May '130
Jun '130
Jul '130
Aug '130
Sep '130
Oct '130
Nov '130
Dec '130
Jan '140
Feb '140
Mar '140
Apr '140
May '140
Jun '140
Jul '140
Aug '140
Sep '140
Oct '140
Nov '140
Dec '140
Jan '150
Feb '150
Mar '150
Apr '150
May '150
Jun '150
Jul '150
Aug '150
Sep '150
Oct '150
Nov '150
Dec '150
Jan '160
Feb '160
Mar '160
Apr '160
May '160
Jun '160
Jul '160
Aug '161
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '170
Jun '170
Jul '170
Aug '171
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '211
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '222
Feb '220
Mar '221
Apr '220
May '221
Jun '220
Jul '220
Aug '220
Sep '221
Oct '220
Nov '221
Dec '220
Jan '230
Feb '231
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

4Di Capital: Fintech is the largest displayed sector by deal count (8 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

4Di Capital: Fintech is the largest displayed sector by deal count (8 deals). All available history
SectorDeals
Fintech8
Networks, Cloud & Communication7
Professional Services3
Cybersecurity & Privacy2
Developer Tools1
Hardware & Robotics1
Crypto & Blockchain1
Enterprise Software1
Health & Life Sciences1
E-Commerce & Retail1

Deal Size Distribution

4Di Capital: 13 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

4Di Capital: 13 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M5
$5M-$10M4
$10M-$25M2
$25M-$50M1
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

4Di Capital: South Africa has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 6 of 6 regions; European countries are grouped as Europe.

4Di Capital: South Africa has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
South Africa6
United States3
Nigeria1
Europe1
Uganda1
Mauritius1
4Di Capital: 20 co-investors are shown, with E4E Africa sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

4Di Capital: Led accounts for 15% and participating for 85% of round participation.All available history.
4Di Capital: Led accounts for 15% and participating for 85% of round participation. All available history
CategoryDeals (count)Share (%)
Led215%
Participating1185%
4Di Capital: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
4Di Capital: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead2100%
Co-led00%

Team

Erik van Vlaanderen

Executive Chairman

Justin Stanford

Co-founding General Partner & Co-founder