We invest in digital commerce companies serving African markets. Our current portfolio includes mostly fintech, ecommerce, and logistics startups, but if you’re creating businesses that will define the future of commerce on the continent, we’re interested.

We are oftentimes the first check into a company aside from “family and friends.” Our focus is then helping our portfolio companies raise their pre-seed and seed rounds at which point we may top-up our investment in the most promising companies.

We have an open application process. We also work with an exceptional team of venture scouts who can refer you to our team for consideration.

Email us at pitch@dfslab.net

We like to see companies with at least a compelling, minimal viable product and a dedicated team uniquely suited to tackling a problem they’re passionate about.

We invest a $50K check into a post-money YC SAFE with a standard valuation cap. We also take a small portion of equity in the form of advisory shares directly as DFS Lab in order to fund our cohort support programs. 

In some instances, we offer exceptions to our standard terms for opportunities that have advanced traction. For our most promising companies, we add to our investment during the pre-seed and seed rounds with additional investments up to $150K.

We invest $50K initially and then follow-up with an investment up to $150K. We then help you build a solid foundation for your startup, including legal, technical, go-to-market and fundraising. We also introduce teams to our own network of investors who are excited to meet and help our portfolio companies.

We typically work with teams for 6 months on a growth plan that leads to the next round of financing. Eventually, we serve as frank friends while you continue to participate in our community.

Our support program is entirely remote and designed with virtual communities, toolkits, and processes in mind. Luckily, we’ve been fully remote since our inception so we’ve had plenty of time to zero-in on what works.

We do for exceptional founders. We tend to invest in companies with at least two co-founders with complementary skills.

Sufficient Capital is our angel investing community. You can learn more about it and how to get involved in the most exciting deals at https://sufficient.capital.