Michael & Susan Dell Foundation

The Michael & Susan Dell Foundation is a charitable, non-profit private foundation established by the Dell family in 1999. It focuses on building pathways that change lives by advancing human opportunity through investments in education, health, and family economic stability. The foundation operates globally, with activities in Africa, India, Israel, and the United States. In Africa, the foundation has invested $53.1 million across six funding rounds from October 2019 to September 2024, primarily in Kenya and South Africa. It targets venture rounds (four instances) and Series B stages (two instances), with a focus on fintech (three investments), e-commerce and retail (two), and real estate and property (one). Companies backed include Kaleidofin in Kenya for inclusive lending, Sweepsouth in South Africa for on-demand home services, and DigsConnect in South Africa for student accommodation. The foundation collaborates with co-investors such as Oikocredit, Omidyar Network India, and Flourish Ventures in these rounds.