Participated · Seed · Dec 2023

TUNL operates a parcel shipping platform that offers economy courier options and partnerships with global carriers to cut SMEs' international shipping costs by roughly 50–75%. Merchants on the platform present customers multiple shipping choices at checkout, including an economy service to the U.S. (10–14 days) and faster FedEx/UPS options; economy prices can start around $10 to the U.S. The company was founded in 2022 by CEO Matthew Davey and COO Craig Lowman. Since launch TUNL has grown 35% month-on-month, counts over 700 merchants, and shipped more than 11,000 international parcels in 2023 representing exports worth R24 million (~$1.3M). TUNL’s revenue model is taking margins on orders placed through its platform. The $1M pre-seed will be used to accelerate growth in South Africa, prepare launches into other African and emerging markets, improve sales, and streamline merchant onboarding toward a self-service model. The company is also pursuing partnerships with continental marketplaces such as ANKA and exploring entry into wine shipping with a large subscription business, though alcohol shipping is not yet included.

Participated · Seed · Oct 2023

Tripplo provides a logistics software platform that automates and optimizes operations for transporters, cargo owners, and cargo brokers. The product negotiates rates with contractors, optimizes routes, enables real-time tracking, and manages documents. It also facilitates working capital for trucks and supports data-driven decision making. The platform is focused on streamlining road-freight supply chains across the SADC region. Tripplo is based in Johannesburg, South Africa. Financially, the company completed a $1.8M equity seed funding extension in October 2023.