The Work Index by Flexa

54 Collective VC

54 Collective is an early-stage venture capital firm focused on supporting tech startups across Africa.

https://54collective.vc/
5.4

/10

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Description

54 Collective is a pan-African venture capital firm dedicated to supporting early-stage technology startups across the continent. They invest in companies across various sectors, including fintech, healthtech, agritech, logistics, and e-commerce, with a focus on creating lasting social impact. 54 Collective offers a unique model that combines catalytic capital with a comprehensive Venture Success Platform, providing founders with tailored support in areas like product development, growth strategy, fundraising, and talent acquisition. Their mission is to empower African entrepreneurs to build without boundaries and drive generational progress and prosperity across the continent.

54 Collective distinguishes itself from other investors by offering a unique blend of equity and non-dilutive capital to its portfolio companies. They also boast the largest venture specialist team in Africa, providing hands-on support and mentorship to founders throughout their journey. Additionally, they are committed to empowering women entrepreneurs, providing an extra $150,000 in non-dilutive capital to female-founded startups. With a diverse portfolio of over 70 ventures and a focus on building a more equitable startup ecosystem, 54 Collective is playing a significant role in shaping the future of African innovation.

Benefits

54 Collective offers a comprehensive suite of benefits designed to support its employees, including competitive compensation packages, access to a curated online community, and opportunities for professional development and growth. They also provide various perks and discounts to help employees save money on essential tools and services.

Mission

54 Collective is a venture capital firm focused on empowering entrepreneurs across Africa's diverse markets. They provide a dynamic investment approach, coupled with hands-on venture support from local teams, to help early-stage technology startups grow and scale both within Africa and globally. Their mission is to create a thriving African tech ecosystem by providing the necessary capital, expertise, and collaborative partnerships to enable entrepreneurs to build without boundaries and drive lasting change for the continent and the world.

Data-driven
Disruptor
Improving quality of life/health
Social impact led
Soonicorn
Tech for good

Culture

54 Collective fosters a collaborative and supportive culture, prioritizing the success of its founders and portfolio companies. Their team, comprised of venture specialists and experts, works closely with entrepreneurs across all stages, providing hands-on guidance and mentorship. This dedication to building a thriving ecosystem is reflected in their commitment to impact investing, focusing on ventures that create social and economic benefits for Africa.

Collaborative
Entrepreneurial
People-first
Progressive
Supportive

DE&I

54 Collective is committed to building a more diverse, equitable startup economy. Recognizing the underrepresentation of women in venture funding, they provide an additional $150,000 in non-dilutive capital to women founders as part of their standard investment. This commitment reflects their belief that supporting diverse founders fosters a stronger and more inclusive startup ecosystem.

Gender diverse

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