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The Venture Codex

Jozi Angels

Johannesburg, South Africa

Overview

Jozi Angels is an angel network based in Johannesburg, South Africa. They exist to grow the startup ecosystem and facilitate the growth of innovative startups. Through our broader network they have sourced the hottest startups and facilitated several investments. Our members are approved investors serious about providing capital and coaching to early stage companies. Our our mission is to further develop the startup ecosystem through investment, events and education. They facilitate investments in to startups that suit the investor’s professional background while at the same time supporting South Africa’s emergent innovation economy. ​ Aggregating resources and knowledge through a group they are able to make larger investments and diversify risk. It also allows for more effective deal sourcing and screening. Apart from this, there are intangible benefits such as camaraderie and goal sharing. They operate in a sexy space, investors get 'hands-on' in exciting opportunities that may become the next big thing!

Total investments
2
Lead investments
0
Investments · 12mo
1
Active investors
1

Sector focus

  • Finance
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Investment portfolio

  • Jahazii

    Participated · Seed · Oct 2025

    Founded in 2023 by Sven Grospitsch, Vaidehi Tembhekar and Martin Gitehi, Jahazii is building what it calls a “workforce operating system” for Africa. The software unifies HR management, payroll processing and embedded financial services, allowing informal-sector employers to automate compliance while giving workers access to part of their wages before payday. Additional features such as savings tools, insurance and financial education are delivered directly through the payroll rails, creating verified employment data that can unlock affordable credit. Jahazii currently serves manufacturing and agricultural employers in Kenya, sectors that collectively employ more than 10 million people. Management plans to deepen partnerships with large employers across East Africa to scale the platform’s reach. By embedding finance within payroll rather than issuing direct consumer loans, the company positions itself as infrastructure for a data-rich, employer-driven fintech model. No revenue or user figures were disclosed, but the recent funding will be used to accelerate product development and expansion.

  • TUNL

    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.

Team