Safaricom PLC is a leading Kenyan telecommunications company headquartered in Nairobi, Kenya. As a publicly listed mobile network operator on the Nairobi Securities Exchange, it provides mobile telephony, data services, M-PESA mobile money transfer, and other digital solutions. Safaricom holds a dominant market position with over 65% share in Kenya and has expanded into Ethiopia. Safaricom engages in corporate venturing, investing in startups across Seed, Series A, and Other stages. Its investments focus on the Marketing & CRM sector, with all known deals in Kenya. The company participated in three funding rounds for Ajua, a platform measuring customer feedback and market insights across Africa, totaling $3.7 million from August 2016 to January 2024. Safaricom has co-invested alongside firms such as MaC Venture Capital, Kapor Capital, TLcom Capital, Golden Palm Investments, Social Capital, and Alpha Angels.
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