MTN

Total investments

8

Average round size

136M

Portfolio companies

6

Rounds per year

0.30

Lead investments

2

Follow on index

0.25

Exits

2

Areas of investment
E-CommerceInternetConsumer GoodsRetailOnline PortalsInformation ServicesSearch EngineShoppingSolarEnergy Efficiency

Summary

MTN appeared to be the Corporate Investor, which was created in 1994. The fund was located in Africa if to be more exact in South Africa. The main department of described Corporate Investor is located in the Johannesburg.

Among the most popular fund investment industries, there are Ride Sharing, Travel. The fund has no exact preference in a number of founders of portfolio startups. When startup sums 4 or 5+ of the founder, the probability for it to get the investment is little. Among the most popular portfolio startups of the fund, we may highlight Jumia, Snapp, Snapp. Besides, a startup needs to be aged 4-5 years to get the investment from the fund. For fund there is no match between the country of its foundation and the country of its the most frequent investments - Iran.

The current fund was established by Koos Bekker.

The standard case for the fund is to invest in rounds with 2-3 partakers. Despite the MTN, startups are often financed by Rocket Internet, Millicom Systems, Summit Partners. The meaningful sponsors for the fund in investment in the same round are Rocket Internet, Orange, Millicom Systems. In the next rounds fund is usually obtained by Rocket Internet, Orange, Goldman Sachs.

The higher amount of exits for fund were in 2019. The fund is constantly included in less than 2 deals per year. Deals in the range of more than 100 millions dollars are the general things for fund. The important activity for fund was in 2016. Considering the real fund results, this Corporate Investor is 23 percentage points more often commits exit comparing to other organizations. When the investment is from MTN the average startup value is 500 millions - 1 billion dollars. Opposing the other organizations, this MTN works on 0 percentage points less the average amount of lead investments.

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Investments analytics

Analytics

Total investments
8
Lead investments
2
Exits
2
Rounds per year
0.30
Follow on index
0.25
Investments by industry
  • Internet (5)
  • E-Commerce (4)
  • Retail (3)
  • Consumer Goods (3)
  • Online Portals (3)
  • Show 13 more
Investments by region
  • Nigeria (3)
  • Iran (2)
  • South Africa (1)
  • United States (1)
  • Uganda (1)
Peak activity year
2016

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Quantitative data

Avg. startup age at the time of investment
10
Avg. valuation at time of investment
118M
Group Appearance index
0.62
Avg. company exit year
8
Strategy success index
0.80

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Latest deals

Company name Deal date Industry Deal stage Deal size Location
Snapp 09 Oct 2016 Information Technology, Car Sharing, Ride Sharing, Taxi Service Early Stage Venture 23M
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