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/Investors/Futuregrowth Asset Management

Futuregrowth Asset Management

futuregrowth.co.za β†—
8 investmentsΒ·7 products on Liners
Futuregrowth Asset Management is a specialist South African investment company founded in 1994. It manages over R200 billion in assets under management across fixed interest, developmental, and specialist funds. Based in Rondebosch, Cape Town, the firm focuses on protecting and growing investor savings while driving positive change in markets and environments. Futuregrowth has actively invested $202.4 million across six funding rounds from September 2018 to December 2024, targeting venture, Series B, seed, and private equity stages. Its investments concentrate on South Africa, with a sector focus on fintech (Sourcefin, Pineapple, Yoco), e-commerce and retail (Sweepsouth), and marketing and CRM (Mobiz). Co-investors include E4E Africa, Old Mutual Investment Group, and Naspers. The firm emphasizes ethical, sustainable, and developmental investing, serving as a channel for pension funds to support national development.

Total Invested

$77M

Active Since

Sep 2018

Latest Investment

Mar 2026

Top Stage

Seed

Futuregrowth Asset Management Investment Regions

πŸ‡ΏπŸ‡¦ South Africa (8)

Futuregrowth Asset Management Investment Sectors

Fintech (4)Services & Marketplaces (2)Logistics & Supply Chain (1)Marketing & CRM (1)

Futuregrowth Asset Management Investment Timeline

Favicon of Happy PayHappy PaySeed$5MMar 2026
withPartech Africa4Di Capitale4eEquitable VenturesFelix Strategic Investment
Favicon of SourcefinSourcefinVenture (Round not Specified)$8.2MDec 2024
Favicon of PineapplePineappleSeries B$21.4MNov 2023
withASISA Enterprise and Supplier Development FundMICE4E AfricaTalent10 HoldingsOld Mutual Investment Group+1 more
Favicon of GoMetroGoMetroSeries A$11.4MNov 2023
withZenobe EnergyE Squared InvestmentsKalon Venture Partners4 Decades CapitalHlayisani Capital+2 more
Favicon of SweepsouthSweepsouthVenture (Round not Specified)$11MSep 2022
withMichael & Susan Dell FoundationE4E AfricaNaspersAlitheia IDFCaruso Ventures+1 more
Favicon of MobizMobizSeed$4MNov 2021
withLaunch Africa VenturesThe Harvest FundCapaciTechHAVAÍCAllan Gray E-Squared Ventures
Favicon of SweepsouthSweepsouthPrivate EquityJul 2020
Favicon of YocoYocoSeries B$16MSep 2018
withQuona CapitalOrange VenturesPartechVelocity Capital Fintech Ventures

Products Backed by Futuregrowth Asset Management

Favicon of Happy Pay
Happy PayπŸ‡ΏπŸ‡¦
Split purchases over two paycheques with no deposit
Fintech
Favicon of Sourcefin
SourcefinπŸ‡ΏπŸ‡¦
Get cashflow from purchase orders and unpaid invoices
Fintech
Favicon of Pineapple
PineappleπŸ‡ΏπŸ‡¦
Get insured online in minutes, quote and claim fast
Fintech
Favicon of GoMetro
GoMetroπŸ‡ΏπŸ‡¦
Unify fleet telematics into one real-time operations screen
Logistics & Supply Chain
Favicon of Sweepsouth
SweepsouthπŸ‡ΏπŸ‡¦
Book trusted home and care services on demand
Services & Marketplaces
Favicon of Mobiz
MobizπŸ‡ΏπŸ‡¦
Personalized SMS, MMS, and mobile pages that convert
Marketing & CRM
Favicon of Yoco
YocoπŸ‡ΏπŸ‡¦
POS and card payments with real-time sales tracking
Fintech

Investors Similar to Futuregrowth Asset Management

E4E Africa (2)Partech Africa (1)4Di Capital (1)e4e (1)Equitable Ventures (1)Felix Strategic Investment (1)ASISA Enterprise and Supplier Development Fund (1)MIC (1)

FAQs About Futuregrowth Asset Management

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