CRE Venture Capital Founded 2014
Founders Pardon Makumbe Pule Taukobong
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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 35
Average round size
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The average size of a deal this fund participated in
$8M
Portfolio companies 18
Rounds per year 2.57
Lead investments 4
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.43
Areas of investment
Business Development
FinTech
Lifestyle
Software
Telecommunications
Summary

CRE Venture Capital is the famous VC, which was founded in 2014. The fund was located in Africa if to be more exact in South Africa. The main office of represented VC is situated in the Johannesburg.

The fund was created by Pardon Makumbe, Pule Taukobong. The overall number of key employees were 4.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the CRE Venture Capital, startups are often financed by Spark Capital, Omidyar Network, GV. The meaningful sponsors for the fund in investment in the same round are Spark Capital, Omidyar Network, GV. In the next rounds fund is usually obtained by Spark Capital, GV, Omidyar Network.

The common things for fund are deals in the range of 10 - 50 millions dollars. The average startup value when the investment from CRE Venture Capital is 1-5 millions dollars. Considering the real fund results, this VC is 6 percentage points less often commits exit comparing to other organizations. The top activity for fund was in 2015. The fund is generally included in 2-6 deals every year.

Besides, a startup needs to be aged 2-3 years to get the investment from the fund. For fund there is no match between the location of its establishment and the land of its numerous investments - United States. Among the most successful fund investment fields, there are Internet, Software. Among the various public portfolio startups of the fund, we may underline Andela, OneUni, Lynk The fund has no specific favorite in a number of founders of portfolio startups.

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Notable deals
CompanyIndustryRoundRound SizeDateInvestorsLocation
Flextock
E-Commerce
Logistics
Supply Chain Management
Warehousing
Seed
3M05 May 2021 Egypt, Cairo
FlexClub
Automotive
E-Commerce
Rental
Subscription Service
Seed
5M11 Mar 2021 The Netherlands, Amsterdam
Carry1st
Gaming
Internet
Mobile
Mobile Apps
Seed
2M28 May 2020 South Africa, " South Africa"}
Flutterwave
Developer APIs
Financial Services
FinTech
Payments
Software
Early Stage Venture
35M21 Jan 2020 United States, San Francisco
Rensource Energy
Energy
PaaS
Renewable Energy
Early Stage Venture
20M18 Dec 2019 Nigeria, Lagos
SweepSouth
E-Commerce
Home Improvement
Home Services
Internet
Logistics
Retail
Venture - Series Unknown
3M07 Oct 2019 South Africa, " South Africa"}
FlexClub
Automotive
E-Commerce
Rental
Subscription Service
Seed
1M19 Mar 2019 The Netherlands, Amsterdam
Flow
Apps
Browser Extensions
Debt Collections
Finance
Financial Services
Fitness
Health Care
Internet
Mobile Apps
Property Management
Rental Property
SaaS
Service Industry
Software
Web Apps
Web Browsers
Wellness
Early Stage Venture
1M29 Jan 2019 United States, San Francisco
Andela
B2B
Consulting
Human Resources
Information Technology
Internet
Recruiting
Small and Medium Businesses
Software
Training
Late Stage Venture
100M23 Jan 2019 United States, New York
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