P1 Ventures
San Francisco, California · Invests in Africa · Website
Check size
🔒 $•• – $••Thesis
African entrepreneurial talent is more widely dispersed across the continent than venture capital funding. We partner with visionary African and diaspora founders building global companies from Africa. We provide capital, operational guidance, and facilitate follow-on funding and expansion.
Likely not a fit for
No non-tech businesses, hardware-only plays, or founders without demonstrated execution capability
How they invest
- Lead or follow
- Usually leads
- Typical decision
- ~2 weeks
- Warm intro
- Not required
- Involvement
- Advisor
- Fund status
- Actively deploying
- Decision process
- Partnership vote
Partners & team
9 contacts on file
e•••@p1•••.ventures
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Chari est une application mobile destinée au B2B, offrant aux détaillants la possibilité de commander des produits FMCG et de bénéficier de services financiers.
Money Fellows is a mobile app that digitizes the traditional money circle model, providing personal financing solutions that are Sharia compliant and user-friendly.
Kotani Pay is the premier gateway connecting Web3 users to local currencies across Africa, providing stablecoin settlement solutions and blockchain-powered APIs for seamless digital asset transactions.
Paymee simplifies online payments for businesses by providing a secure payment gateway and various payment solutions.
Amenli offers health, car, and corporate insurance plans in Egypt, focusing on providing comprehensive coverage options tailored to individual and business needs.
Root is revolutionizing the auto insurance industry by using mobile technology and data science to offer fair, personalized rates based on driving behaviors rather than demographics. The company has collected over 20 billion miles of driving data and provides an app experience for users to manage their policies and file claims.
Reliance HMO offers affordable health plans in Nigeria, focusing on providing high-quality healthcare services for businesses and their employees. They emphasize technology integration for efficient healthcare management and telemedicine services.
OnePipe provides an API infrastructure that enables businesses to launch financial service features quickly and efficiently, partnering with banks to offer a range of banking-as-a-service solutions.
Raenest is a financial technology company that provides global money management solutions, enabling users to receive, spend, and invest money in multiple currencies with competitive exchange rates and low fees.
Verto is a global financial technology firm creating better cross-border payments for businesses of all sizes. The Verto platform and APIs unlock advanced payment, FX and banking solutions for developing countries in Africa.
Recent activity
- Apr 2026
Lua
Seed · First Institutional Investor
- Nov 2025
Lua AI
Seed · Lead
- Oct 2025
Chari
Series A · Participated
- Jul 2025
MoneyBadger
Pre-Seed · Lead
- May 2025
MoneyFellows
Pre-Series C · Lead
- May 2025
Salus
Series A · Lead
- May 2025
Better Auth
Seed · Participated
- Mar 2025
Stakpak
Pre-Seed · Lead
P1 Ventures in the news
BitKE
PRESS RELEASE | Ventures Platform Closes Pan-African Fund II at Over $80 Million
12 days ago
Business Post Nigeria
Brass Transitions Customers to Paystack MFB in Strategic Shift |
3 months ago
techeconomy.ng
Fintech Startup Traction Raises $6m Seed Funding for Nigerian Expansion
9 months ago
FinTech Global
Moroccan FinTech Chari bags $12m Series A round
10 months ago
cioafrica.co
Morocco’s Chari Raises $12M
10 months ago
africaprivateequitynews.com
SPE Capital and Orange Ventures lead Chari's Series A funding round
10 months ago
CIO Africa
Salus Cloud Secures $3.7M Seed Funding
Jun 2025
Dabafinance
P1 Ventures Closes $50M Fund to Expand African Startup Investments
Feb 2025
africaprivateequitynews.com
P1 Ventures fund reaches final close
Feb 2025
BitKE
FUNDING | Mauritius P1 Ventures to Double Down on Africa’s Startups After Closing First $50 Million Institutional Fund
Feb 2025
Launch Base Africa
Contrarian VC P1 Ventures Raises $50m to Back Next-Gen African Startups
Feb 2025
waya.media
P1 Ventures Closes USD 50M Fund to Break Conventional Barriers
Feb 2025
Venture Capital Journal
Africa-focused P1 Ventures raises $50m for first institutional fund
Feb 2025
Tech Labari
P1 Ventures Eyes Africa’s Emerging Tech Hubs
Feb 2025
africaprivateequitynews.com
Egypt: Agency commits $7.5m to private capital funds
Feb 2025
WeeTracker
P1 Ventures, Two Other Funds Receive USD 7.5 M Backing from Egypt’s Fund of Funds
Jan 2025
AlleyWatch
The Weekly Notable Startup Funding Report: 12/23/24
Dec 2024
Dabafinance
Juicyway Emerges from Stealth with $3M for Cross-Border Payments
Dec 2024
dabafinance.com
Paystack-led consortium acquires Nigerian fintech startup Brass
May 2024
africaprivateequitynews.com
The 5 most popular stories on Africa Private Equity News this week
Mar 2024
Techpoint Africa
P1 Ventures completes the second close of its second fund at $35 million
Mar 2024
Wamda
P1 Ventures closes $35 million for its second fund
Mar 2024
International Finance Corporation (IFC)
IFC Partners with P1 Ventures to Accelerate Investments in Early-Stage Tech Entrepreneurs in Africa
Mar 2024
How we made it in Africa
Investor sees opportunity in Africa’s healthcare deficit, from Nigeria to Egypt
Nov 2023
How we made it in Africa
Investor sees opportunity in Africa's healthcare deficit, from Nigeria to Egypt
Nov 2023
waya.media
Capifly secures $1 million pre-Seed round
Oct 2023
TechCrunch
Alpaca VC unveils two new investment vehicles, including its real estate roots
Oct 2023
TechCrunch
Pan-African contrarian investor P1 Ventures reaches $25M first close for its second fund
Sep 2023
Wamda
P1 Ventures completes first close of second fund at $25 million
Sep 2023
We are Tech
Africa: P1 Ventures first closes second investment fund at $25 million
Sep 2023
CNBC Africa
P1 Ventures closes $50mn to invest in Africa
Sep 2023
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