Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Gullit VC is a women-led, early-stage, closed-end fund established to drive innovation and growth across Africa and the Middle East. Founded in Mauritius, the firm focuses on supporting scalable early-stage tech startups, particularly in sectors such as Fintech, Logistics, Health Tech, E-commerce, and Artificial Intelligence. The team brings over 15 years of combined experience in Venture Capital, Private Equity, and Finance, establishing a strong presence in the MENA and East Africa regions.
Since its inception, Gullit VC has aimed to empower startups by providing not only capital but also essential mentorship and advisory services. The firm has successfully built a portfolio of five companies, showcasing its commitment to fostering innovation in the tech landscape. Gullit VC's notable milestones include recognition of its portfolio companies at prestigious events, such as BuuPass being a top finalist at the Startup World Cup 2025 Grand Finale.
Gullit VC invests in early-stage tech startups, emphasizing capital-light business models that allow for scalability without heavy initial investment. The firm targets companies in the pre-seed, seed, and seed-plus stages, focusing on sectors like Fintech, Logistics, Health Tech, E-commerce, and Artificial Intelligence. Their investment strategy is designed to support startups through critical funding stages, helping them buffer restructuring and legal costs before they can secure proper fundraising and growth.
The organization provides comprehensive mentorship, coaching, and advisory services to assist startups in establishing corporate protocols and preparing for funding. This hands-on approach ensures that founders are well-equipped to navigate the complexities of early-stage growth and funding, making Gullit VC a valuable partner for emerging tech companies in Africa and the Middle East.
Gullit VC's portfolio includes five notable companies that exemplify its investment strategy and focus on early-stage tech startups:
These companies reflect Gullit VC's commitment to investing in scalable and impactful tech solutions across various sectors in Africa and the Middle East.
Hiruy Amanuel - Managing Director: Hiruy has extensive experience in venture capital and private equity, focusing on early-stage investments in Africa.
Kenean Negussie - Operations Manager: Kenean oversees the operational aspects of the firm, ensuring efficient processes and support for portfolio companies.
Sarafina Nyawira - Media Manager: Sarafina manages the firm's media presence and communications, highlighting portfolio achievements and firm initiatives.
Mistre Berihun - Office Manager: Mistre is responsible for the day-to-day operations of the office, facilitating smooth internal communications.
Jason Jones - Web Master: Jason manages the firm's online presence, ensuring that the website and digital communications are up to date.
Adrian Ntwatwa - Legal Consultant: Adrian provides legal guidance and support for the firm and its portfolio companies, ensuring compliance and risk management.
To pitch to Gullit VC, founders should send their pitch decks via email to [email protected]. The deck should include a concise overview of the business model, market opportunity, competitive landscape, and team qualifications. It is recommended to highlight any traction or milestones achieved to date.
Response times may vary, but founders can expect to hear back within a few weeks. Warm introductions are preferred, but cold emails are also accepted.
Gullit VC runs a program named Gullít, which focuses on supporting early-stage tech startups in Africa and the Middle East. This program provides mentorship, coaching, and advisory services to help startups establish corporate protocols and prepare for funding.
Eligibility for the program typically includes being an early-stage tech startup within the sectors of Fintech, Logistics, Health Tech, E-commerce, or Artificial Intelligence. Interested startups can apply by reaching out via the provided email address.
As of October 2023, Gullit VC has been actively promoting its mission to support early-stage tech startups in Africa and the Middle East. Notably, BuuPass was recognized as a top finalist at the Startup World Cup 2025 Grand Finale, showcasing the potential of their portfolio companies.
The firm continues to update its portfolio and engage with the startup community through various channels, emphasizing its commitment to fostering innovation and growth in the region.
What are Gullit VC's investment criteria?
Gullit VC focuses on early-stage tech startups with capital-light business models. They prioritize sectors such as Fintech, Logistics, Health Tech, E-commerce, and Artificial Intelligence.
How can I apply or pitch to Gullit VC?
Founders can send their pitch decks directly to Gullit VC via email at [email protected]. It is advisable to include a clear overview of the business model, market opportunity, and team background.
What makes Gullit VC different from other venture capital firms?
Gullit VC is a women-led fund that emphasizes mentorship and advisory services alongside funding. This approach helps startups establish corporate protocols and prepares them for future funding rounds.
What is the geographic scope of Gullit VC's investments?
The firm primarily invests in startups located in Africa and the Middle East, with a strong focus on the MENA and East Africa regions.
What is the typical check size for investments?
Gullit VC invests in pre-seed, seed, and seed-plus stages, but specific check sizes are not publicly disclosed. However, they focus on capital-light business models, which may influence the amount invested.
What kind of post-investment involvement can startups expect?
Gullit VC provides ongoing mentorship, coaching, and advisory services to portfolio companies, helping them navigate growth challenges and prepare for future funding opportunities.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.