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Founded in 2017 and based in Mauritius, Consonance is a venture capital firm dedicated to supporting early and growth-stage entrepreneurs in Africa. The firm focuses on building sustainable companies and has a portfolio of 8 companies. Consonance aims to promote economic growth through investments in high-impact opportunities.
Consonance invests in pre-seed to growth equity stages, targeting sectors such as healthcare, fintech, agtech, consumer, and insurtech. The firm seeks technology-enabled businesses that address critical challenges and promote broad-based wealth creation in Africa. Check sizes vary, reflecting the diverse needs of the companies they support.
Notable portfolio companies include AFEX, a financial market infrastructure focused on agriculture; Bonita Foods, which provides affordable and healthy fruit and nut snacks; and SeamlessHR, offering HR management solutions. Other investments include VerifyMe for identity verification, Releaf for agricultural supply chain solutions, Pezesha for SME working capital, Curacel enhancing insurance reach, and Lami developing embedded insurance infrastructure.
Email your pitch deck to info@consonanceinvest.com for consideration.
Yes, Consonance often leads investment rounds, particularly in early-stage companies that align with their focus areas.
Consonance is open to follow-on investments, especially for portfolio companies demonstrating significant growth and potential.
Specific details about the fund size are not disclosed, but Consonance actively manages a portfolio of 8 companies across various sectors.
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