DFS Lab invests in and supports early-stage founders creating companies that represent the future of digital commerce in Africa.
We try to provide practical advice, support our entrepreneurs as people, and put them on the best footing as individuals and as a company to grow and succeed. We also recognize our own experience and ability to help is inherently limited and so we aim to connect them with a global group of investors and mentors who are best placed to offer deep technical expertise, insight on founding a similar company, or who can offer other tailored value to our entrepreneurs.
We’ve invested in over a dozen companies in the past three years alongside leading venture capital firms like Accel, 500 Startups, NYCA, Anthemis, Omidyar Network, and Accion. The twelve companies we have worked with have gone from little more than concepts to having raised over $20m in seed funding and a cumulative valuation of over $65m. Two got into Y Combinator in the past year.
We have recently raised a new fund and will be investing in a larger number of new companies per year, expanding the support structure, and exploring even more ambitious new directions to help African founders create great companies. We try to rethink the business model of investor, accelerator, incubator, and startup founder constantly and not just imitate the models we see elsewhere. We’re exploring new financing instruments, founder mentorship platforms, tech platforms — even considering launching our own bank — all as ways to give entrepreneurs the tools they need to build impressive companies and products. We are looking for a new person to join our family and be part of building a powerhouse that will change how entrepreneurs start digital economy companies in Africa.
You’re a founder with a product mindset. You are someone who’s motivated to build-up African startup ecosystems and personally work with founders day-to-day giving them the benefit of your past experience launching a tech startup. You’re excited to be working with our community of founders, mentors, and co-investors and to help us build strong systems to support founders and grow our business. You believe in the mission of the DFS Lab and want to be part of growing the business long term.
The Director of Entrepreneur Support is an essential role at DFS Lab. We roll up our sleeves to help our portfolio companies with everything from hiring to fundraising to setting up ad campaigns, to getting into TechCrunch, so successful candidates will demonstrate an ability to perform across many different areas.
We are looking for a product manager and entrepreneur coach to join the team and help drive DFS Lab’s product initiatives including: