GJO & PartnersInvest Matching
← All funds

Y Combinator

Public data, unclaimed profile

Silicon Valley accelerator and seed investor, active in Africa through its batches (Triply in Kenya, winter 2024). Standard deal for every accepted company: USD 500k in total — USD 125k for 7% on a post-money SAFE and USD 375k on an uncapped SAFE with a most-favoured-nation (MFN) clause, which takes the best terms issued before the next priced round. Technology companies across sectors.

Investment thesis

Investment ticket
500 k$ 500 k$
Instruments
SAFE (convertible)
Preferred sectors
SaaS, Fintech, E-commerce, Digital health, Edtech, Logistics, Services*
Target geographies
West Africa, East Africa, Southern Africa, Central Africa, North Africa

* added from its deals

Stages (based on reference deals)
Pre-Seed

Team and contacts

LinkedIn profiles, emails and phone numbers are reserved for signed-in members: create an account to access them.

Reference deals

Recent public deals: they say better than a thesis what the fund actually signs.

Triply (ex-Tripitaca)

April 2024 · Kenya
Pre-Seed500 k$SAFE (convertible)ServicesLead

Activity : Tourism and leisure

Instrument : YC standard deal: USD 125k for 7% (post-money SAFE) + USD 375k uncapped SAFE with MFN · Vehicle : Y Combinator W24

Operating system for travel businesses in Africa (tour operators, transport and accommodation providers): payment collection, operations automation, marketplace listing. Y Combinator winter 2024 batch.

Why they invested

  • Y Combinator's first travel-tech investment in Africa
  • All-in-one operating tool for under-equipped travel businesses

Team

  • Peter WachiraFounder & CEO
  • Collins MuthinjaCo-Founder

Source : techarena.co.ke

In short

Y Combinator invests tickets ranging from 500 k$ to 500 k$, across the following sectors: SaaS, Fintech, E-commerce, Digital health, Edtech, Logistics, and Services, in the following areas: West Africa, East Africa, Southern Africa, Central Africa, and North Africa. Check in 30 seconds whether your company fits these criteria.