Discover Products, Get Discovered.
Individuals find the right products. Businesses reach the right audience. One platform, free for both.
Individuals find the right products. Businesses reach the right audience. One platform, free for both.
Since 2017, AlphaCode Club has backed 6 African startups across 5 disclosed funding rounds totaling $11.8M, most heavily in South Africa and Agri Tech.
AlphaCode Club is a club for financial services entrepreneurs, founded by Rand Merchant Investments in 2015. It functions as an innovation hub and community for fintech startups, providing incubation, acceleration, collaboration, and investment support. Based in Johannesburg, South Africa, it offers a physical workspace and virtual platform to connect entrepreneurs, intrapreneurs, industry experts, and partners. AlphaCode Club invested $11.1M across 5 funding rounds from August 2017 to June 2022, focusing exclusively on South African companies. Investments spanned Seed, Series A, Debt Financing, and Other stages, targeting sectors including Productivity & Workspace (BriefCo), AI & Analytics (Carscan), Media & Entertainment (Matchkit), Agri Tech (Livestock Wealth), and Crypto & Web3 (Luno). Co-investors included Launch Africa Ventures, E2 Ventures, IDF Capital, Allan Gray, Kalon Venture Partners, Prosus Group, Balderton Capital, Digital Currency Group, and Venturra Capital.
Data updated · Jul 29, 2026
Sign in to see all 6 portfolio products
Free account — full portfolios, timelines, and the weekly funding digest
Sign in to see all 6 rounds
Free account — full portfolios, timelines, and the weekly funding digest
AlphaCode Club has backed 6 African startups across 5 disclosed funding rounds tracked on Liners, totaling $11.8M since 2017.
Mostly Other: 3 of its 5 tracked rounds are at that stage, followed by Seed (1).
AlphaCode Club's tracked rounds are concentrated in South Africa (6).
Its tracked rounds lean toward Agri Tech (2), Legal and Compliance (1), AI & Analytics (1), and 2 more sectors.
AlphaCode Club most often shares rounds with Launch Africa Ventures (1 shared deal), E2 Ventures (1 shared deal), IDF Capital (1 shared deal).
AlphaCode Club backed BriefCo in Productivity & Workspace, Carscan in AI & Analytics, Matchkit in Media & Entertainment, Livestock Wealth in Agri Tech, and Luno in Crypto & Web3. All investments were in South African companies across 5 funding rounds.