---
title: "Liquid 2 Ventures"
description: "Liquid 2 Ventures is an early stage venture capital firm based in the San Francisco Bay Area, focused on technology startups at the seed stage. The firm was founded in 2015 by Joe Montana, Michael Ma, and Mike Miller and invests in software driven companies. In Africa, Liquid 2 Ventures has participated in multiple early stage funding rounds for technology companies, primarily at the seed stage with select exposure at Series A. Based on disclosed investments, the firm has backed Amenli in Egypt, and Prospa, Obtainly, and Chipper Cash in Nigeria, with a combined investment of 23.3 million dollars across five rounds between May 2019 and October 2021. These investments highlight a particular focus on fintech, with four fintech deals, along with one insurtech investment through Amenli. Within its African activity, Liquid 2 Ventures has frequently co invested alongside established early stage firms and angel investors. Co investors have included Global Founders Capital, Deciens Capital, 500 Global, and others, reflecting the firm’s collaborative approach to supporting high growth African technology companies in financial services and insurance related sectors."
canonical_url: "https://liners.com/investors/liquid-2-ventures"
markdown_url: "https://liners.com/investors/liquid-2-ventures.md"
type: "investor"
language: "en"
image: "https://assets.liners.com/storage/v1/object/public/media/investors/liquid-2-ventures/favicon.png?v=1785330126424"
updated_at: "2026-08-31T03:01:59.500Z"
---

# Liquid 2 Ventures

Liquid 2 Ventures is an early stage venture capital firm based in the San Francisco Bay Area, focused on technology startups at the seed stage. The firm was founded in 2015 by Joe Montana, Michael Ma, and Mike Miller and invests in software driven companies. In Africa, Liquid 2 Ventures has participated in multiple early stage funding rounds for technology companies, primarily at the seed stage with select exposure at Series A. Based on disclosed investments, the firm has backed Amenli in Egypt, and Prospa, Obtainly, and Chipper Cash in Nigeria, with a combined investment of 23.3 million dollars across five rounds between May 2019 and October 2021. These investments highlight a particular focus on fintech, with four fintech deals, along with one insurtech investment through Amenli. Within its African activity, Liquid 2 Ventures has frequently co invested alongside established early stage firms and angel investors. Co investors have included Global Founders Capital, Deciens Capital, 500 Global, and others, reflecting the firm’s collaborative approach to supporting high growth African technology companies in financial services and insurance related sectors.

## Breadcrumbs

- [Investors](/investors)
- [Liquid 2 Ventures](/investors/liquid-2-ventures)

## Summary

Liquid 2 Ventures is an early stage venture capital firm based in the San Francisco Bay Area, focused on technology startups at the seed stage. The firm was founded in 2015 by Joe Montana, Michael Ma, and Mike Miller and invests in software driven companies. In Africa, Liquid 2 Ventures has participated in multiple early stage funding rounds for technology companies, primarily at the seed stage with select exposure at Series A. Based on disclosed investments, the firm has backed Amenli in Egypt, and Prospa, Obtainly, and Chipper Cash in Nigeria, with a combined investment of 23.3 million dollars across five rounds between May 2019 and October 2021. These investments highlight a particular focus on fintech, with four fintech deals, along with one insurtech investment through Amenli. Within its African activity, Liquid 2 Ventures has frequently co invested alongside established early stage firms and angel investors. Co investors have included Global Founders Capital, Deciens Capital, 500 Global, and others, reflecting the firm’s collaborative approach to supporting high growth African technology companies in financial services and insurance related sectors.

## Recorded investments

| Product | URL | Stage | Amount | Date |
| --- | --- | --- | --- | --- |
| Amenli | /amenli | Seed | 2300000 | 2021-10-01T00:00:00.000Z |
| Prospa | /prospa | Seed | 3800000 | 2021-09-01T00:00:00.000Z |
| Obtainly | /obtainly | Seed | 1000000 | 2021-08-01T00:00:00.000Z |
| Chipper Cash | /chipper-cash | Series A | 13800000 | 2020-06-01T00:00:00.000Z |
| Chipper Cash | /chipper-cash | Seed | 2400000 | 2019-05-01T00:00:00.000Z |

## Related pages

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

## Access and citation

- [Canonical HTML page](https://liners.com/investors/liquid-2-ventures)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)