---
title: "Alitheia IDF"
description: "Alitheia IDF is Africa's first and largest gender-lens private equity fund, managing $100 million in capital. Co-founded in 2014 by Tokunboh Ishmael and Polo Leteka, the fund is managed by two women-led firms: Alitheia Capital, headquartered in Lagos, Nigeria, and IDF Capital, based in Johannesburg, South Africa. The fund identifies, invests in, and grows SMEs led by gender-diverse teams across the continent. Alitheia IDF invests primarily in growth-stage companies across six African countries: Nigeria, South Africa, Ghana, Zambia, Zimbabwe, and Lesotho. The fund focuses on sectors including fintech, cybersecurity, e-commerce and retail, and artificial intelligence and analytics. Recent investments include Lupiya, a digital lending platform in Zambia; Seamfix, a digital identity solutions provider in Nigeria; Sweepsouth, a home services platform in South Africa; and Jetstream Africa, an AI-powered incident reporting system in Ghana. The fund has deployed over $75 million across its portfolio, creating approximately 2,000 direct jobs and over 850,000 indirect jobs. Central to Alitheia IDF's strategy is leveraging gender diversity as a driver of superior financial and social returns. The fund's portfolio demonstrates significant impact, with 73 percent of portfolio companies women-owned and 54 percent having women on their boards. This approach aligns with broader development goals including gender equality, climate resilience, and digital transformation across African economies."
canonical_url: "https://liners.com/investors/alitheia-idf"
markdown_url: "https://liners.com/investors/alitheia-idf.md"
type: "investor"
language: "en"
updated_at: "2026-03-27T06:44:13.395Z"
---

# Alitheia IDF

Alitheia IDF is Africa's first and largest gender-lens private equity fund, managing $100 million in capital. Co-founded in 2014 by Tokunboh Ishmael and Polo Leteka, the fund is managed by two women-led firms: Alitheia Capital, headquartered in Lagos, Nigeria, and IDF Capital, based in Johannesburg, South Africa. The fund identifies, invests in, and grows SMEs led by gender-diverse teams across the continent. Alitheia IDF invests primarily in growth-stage companies across six African countries: Nigeria, South Africa, Ghana, Zambia, Zimbabwe, and Lesotho. The fund focuses on sectors including fintech, cybersecurity, e-commerce and retail, and artificial intelligence and analytics. Recent investments include Lupiya, a digital lending platform in Zambia; Seamfix, a digital identity solutions provider in Nigeria; Sweepsouth, a home services platform in South Africa; and Jetstream Africa, an AI-powered incident reporting system in Ghana. The fund has deployed over $75 million across its portfolio, creating approximately 2,000 direct jobs and over 850,000 indirect jobs. Central to Alitheia IDF's strategy is leveraging gender diversity as a driver of superior financial and social returns. The fund's portfolio demonstrates significant impact, with 73 percent of portfolio companies women-owned and 54 percent having women on their boards. This approach aligns with broader development goals including gender equality, climate resilience, and digital transformation across African economies.

## Breadcrumbs

- [Investors](/investors)
- [Alitheia IDF](/investors/alitheia-idf)

## Summary

Alitheia IDF is Africa's first and largest gender-lens private equity fund, managing $100 million in capital. Co-founded in 2014 by Tokunboh Ishmael and Polo Leteka, the fund is managed by two women-led firms: Alitheia Capital, headquartered in Lagos, Nigeria, and IDF Capital, based in Johannesburg, South Africa. The fund identifies, invests in, and grows SMEs led by gender-diverse teams across the continent. Alitheia IDF invests primarily in growth-stage companies across six African countries: Nigeria, South Africa, Ghana, Zambia, Zimbabwe, and Lesotho. The fund focuses on sectors including fintech, cybersecurity, e-commerce and retail, and artificial intelligence and analytics. Recent investments include Lupiya, a digital lending platform in Zambia; Seamfix, a digital identity solutions provider in Nigeria; Sweepsouth, a home services platform in South Africa; and Jetstream Africa, an AI-powered incident reporting system in Ghana. The fund has deployed over $75 million across its portfolio, creating approximately 2,000 direct jobs and over 850,000 indirect jobs. Central to Alitheia IDF's strategy is leveraging gender diversity as a driver of superior financial and social returns. The fund's portfolio demonstrates significant impact, with 73 percent of portfolio companies women-owned and 54 percent having women on their boards. This approach aligns with broader development goals including gender equality, climate resilience, and digital transformation across African economies.

## Recorded investments

| Product | URL | Stage | Amount | Date |
| --- | --- | --- | --- | --- |
| Lupiya | /lupiya | Series A | 11300000 | 2026-02-01T00:00:00.000Z |
| Seamfix | /seamfix | Private Equity | 4500000 | 2024-05-01T00:00:00.000Z |
| Lupiya | /lupiya | Series A | 8250000 | 2023-09-01T00:00:00.000Z |
| Sweepsouth | /sweepsouth | Venture (Round not Specified) | 11000000 | 2022-09-01T00:00:00.000Z |
| Jetstream | /jetstream | Seed | 3000000 | 2021-06-01T00:00:00.000Z |

## Related pages

- [All investors](/investors)
- [Funding rounds](/funding)

## Access and citation

- [Canonical HTML page](https://liners.com/investors/alitheia-idf)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)