Participated · Seed · Dec 2022

Zeraki builds mobile-first digital learning and school data analytics platforms to help schools manage student performance and administrative tasks. Its data analytics product lets teachers upload grades via mobile, generates performance breakdowns by student, subject or stream, integrates bulk messaging, and gives parents visibility into performance and fee payments. Zeraki also operates a digital learning platform with quizzes and performance tracking that gained traction during the COVID-19 pandemic. The company says more than 5,000 schools and roughly 2 million students use its data analytics platform, and its distribution covers almost half of Kenya’s high schools. Cofounded in 2014 by Isaac Nyangolo and Erick Oude, Zeraki plans to add administrative tools such as timetabling and payment products including fee loans. It currently operates in Kenya, Uganda and Guinea and aims to enter 10 new markets over the next three years. Zeraki raised external capital to grow its product catalog and support regional expansion.

Participated · Seed · Mar 2022

Churpy provides a SaaS product that automates accounts receivable reconciliation by connecting via API to banks for real-time statements and transaction data, enabling reconciliation with ERPs. Its platform gives finance teams dashboards showing who owes money, collection efficiency, liquidity and other operational metrics. The company is piloting with major Kenyan enterprises including Unga Limited and Chandaria Industries. Churpy plans continent-wide expansion by setting up hubs in Egypt, Nigeria and South Africa and is hiring to support that growth. It is also rolling out an embedded working-capital financing product for SMEs supplying its enterprise customers, enabling near-immediate payment for delivered goods for a 0.5% origination fee. Trade Development Bank has made $15 million available to Churpy for onward lending through its banking partners.