Money moves in silence. Download 2025 State of Venture Report: a data-driven analysis of active funds, unicorn, and family offices
About usSign in

Proximity Ventures

Status
INACTIVE
Global HQ
Woolooware, Australia
Countries of investment
  • Nigeria
  • Kenya
  • South Africa
  • Ghana
  • Uganda
Investment stages
  • Seed
  • Series A
Industries
    About
    Proximity Ventures is a venture capital firm committed to accelerating the growth of startups in Africa. Founded by individuals who have experience building one of Africas biggest tech education platforms, the firm leverages its extensive network to provide advice, connections, and talent to entrepreneurs. Proximity Ventures aims to back the best founders and integrate them into a global community of investors, founders, and operators. Their mission is to poTheyr the next wave of innovation and growth on the continent.
    Min check size
    $100K
    Max check size
    $2M
    Fund size
    NPS

    Investment Thesis

    They Invest in early stage companies primarily in Africa.
    Lead investor
    Co Invest
    Number of exits
    Preferred contact method

    Manager's Experience

    Leveraging a robust background in venture capital, the fund manager boasts extensive experience in the technology and healthcare sectors, particularly across North America and Europe. With a proven track record of over 50 successful investments, they emphasize early-stage startups, prioritizing data-driven insights to steer strategic decisions. Noteworthy exits include several high-profile acquisitions that underscore their ability to identify market leaders. Their operator-first approach ensures a hands-on partnership with portfolio companies, fostering significant growth and innovation.

    Proximity Ventures Contacts Information

    Primary contact

    Fund number
    Vintage Year
    Net Internal Rate of Return
    Investment Multiple
    Capital Allocation
    Management Fee
    Carried Interest
    AUM
    Follow-on Investments
    Graduation Rate
    Write-Off Ratio
    Last profile update timestamp