What companies has Amplo backed in Africa?

Amplo has backed Nala in Tanzania, Wasoko in Kenya, and Andela in Nigeria. These investments cover Fintech, E-commerce & Retail, and HR & Talent sectors.

What stages does Amplo invest in?

Amplo invests at Seed, Series A, Series C, and Series D stages. Examples include Seed and Series A in Nala, Series A in Wasoko, and Series C and D in Andela.

Does Amplo invest in African Fintech companies?

Yes, Amplo has invested in Fintech, including two rounds in Nala, a Tanzania-based company enabling money transfers from the US, UK, and EU to Africa and Asia.

What is Amplo's geographic focus in Africa?

Amplo focuses on East and West Africa, with investments in Tanzania (2), Nigeria (2), and Kenya (1). Total invested across these is $204 million.

Amplo

Q: Who are some co-investors with Amplo?

Amplo has co-invested with Vlad Tenev, Salesforce Ventures, Chan Zuckerberg Initiative, TLcom Capital, and Spark Capital in multiple rounds.

amplovc.com ↗

5 investments·3 products on Liners

Amplo is a global venture capital firm founded by Sheel Tyle. The firm supports entrepreneurs building globally ambitious companies that matter. Key team members include Partner Sam Garcia. Amplo has invested $204 million across five funding rounds from October 2017 to July 2024, focusing on early-stage companies in Africa. Investments span Seed, Series A, Series C, and Series D stages, with a geographic emphasis on Tanzania, Nigeria, and Kenya. Sector interests include Fintech, HR & Talent, and E-commerce & Retail. Notable portfolio companies in Africa are Nala (Tanzania, Fintech), Wasoko (Kenya, E-commerce & Retail), and Andela (Nigeria, HR & Talent). Amplo has co-invested alongside firms such as TLcom Capital, Spark Capital, and Salesforce Ventures.

Total Invested

$204M

Active Since

Oct 2017

Latest Investment

Jul 2024

Top Stage

Series A