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MTN

Founders Koos Bekker

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Investments

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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.

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Total investments 8
Average round size
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The average size of a deal this fund participated in
$136M
Portfolio companies 6
Rounds per year 0.30
Lead investments 2
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.25
Exits 2
Key employees Soon

Areas of investment

  • Internet
  • E-Commerce
  • Retail
  • Consumer Goods
  • Online Portals
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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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after MTN:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Snapp

Car Sharing
Information Technology
Ride Sharing
Taxi Service
$23M09 Oct 2016 -

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$424M03 Mar 2016 Lagos, Lagos, Nigeria

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$150M26 Nov 2014 Lagos, Lagos, Nigeria

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$153M01 Jan 2013 Lagos, Lagos, Nigeria

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Total investments 8
Average round size 136M
Rounds per year 0.30
Peak activity year 2016
Lead investments 2
Follow on index 0.25
Exits 2
Group Appearance index 0.62

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Snapp

Car Sharing
Information Technology
Ride Sharing
Taxi Service
$23M09 Oct 2016 -

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$424M03 Mar 2016 Lagos, Lagos, Nigeria

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$150M26 Nov 2014 Lagos, Lagos, Nigeria

Jumia Group

Consumer Goods
E-Commerce
Information Services
Internet
Online Portals
Retail
Search Engine
Shopping
$153M01 Jan 2013 Lagos, Lagos, Nigeria
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