VC4A announces 12 startups selected for its 2019 Series-A Venture Showcase

The organisation said the 12 were vetted by 40 venture capitalists as well as by multiple angel groups, through a rigorous referral and selection process and that they represent the best investment opportunities on the continent. • Buseet (Egypt): Operates high-end private bus network which enables businesses and employees to book trips on predefined routes through the startup’s app • CredPal (Nigeria): Fintech startup that enables consumers to make purchases across online or offline merchants and pay in fixed monthly instalments by providing them with instant access to credit at the point-of-sale and also on credit cards • Crowdforce (Nigeria): Offline and online agent distribution network that collects real time data and handles offline distributions for government, businesses, non-governmental organisations and connects individuals to financial services • FinChatBot (SA): Develops bespoke artificial intelligence (AI) powered chatbots to help financial service providers acquire and retain customers while reducing operating costs • FlexClub (SA): A managed marketplace that helps independent drivers on digital platforms access vehicle ownership based on their skills • LifeBank (Nigeria): Medical distribution company focused on transporting supply chain-sensitive medical products such as blood, vaccines and oxygen in developing countries using high and low technologies as well as smart logistics • Mobiz (SA): Software-as-a-service (SaaS) platform that offers businesses of all sizes cutting-edge customer engagement. • SnapnSave (SA): Cashback coupon app that gives shoppers and independent traders cashback when shopping in-store just by snapping a photo of their shopping receipts • VRapeutic (Egypt): Seed funded healthtech startup that develops virtual reality software for therapy, with a focus on learning disabilities and developmental disorders, such as autism, dyslexia and cerebral palsy VC4A said the 12 will be mentored by top VC investors in the coming weeks and receive bespoke investor readiness training that will culminate in a one-week residency in Cape Town. In addition, the participants will pitch to a wider audience of corporates, investors and tech professionals at VC4A’s partner event, AfricaCom which will be held between 12 and 14 November in Cape Town. Featured image: A delegate pictured at the Africa Early Stage Investor Summit 2018 held in Cape Town in November last year.