Grovest
Est. dry powder
$880K
Raised, not yet invested
AUM
$201.4M
Assets under management
Latest fund
$7.8M
Rencell Fund I
Est. cheque size
$100K–
From fund sizes
Deals, last 12 months
—
Not reported
About Grovest
Grovest is a South Africa-based private equity firm that invests in high-growth, disruptive companies within the country. The firm does not provide funding to businesses involved in financial services, or those engaged in the manufacturing, buying, or selling of liquor, tobacco, or ammunition.
- Type
- Private Equity Firm
- Headquarters
- Johannesburg, South Africa
- Est. cheque size
- $100K–$390K
- Sectors
- Diversified
- Regions
- Africa
Where they invest
From deals and portfolio companies on record
Most frequent rounds
Not enough data
Across 1 deals
Portfolio sectors
- Software1
Across 1 companies
Portfolio countries
- South Africa1
Across 1 companies
Recent investments
Newest 1 of 1
- Unspecified Round—
SMEasy Business Software (Pty) Ltd
Jun 2015 · Unspecified Round
Offices
1 location
- Johannesburg, South AfricaHQ
Questions about Grovest
How much does Grovest invest per deal?
Based on the size of its funds, Grovest writes estimated cheques of $100K–$390K. Lead cheques usually sit at the top of that range and follow-on cheques lower.
How much capital does Grovest have left to invest?
Grovest has an estimated $880K in dry powder: capital it has raised but not yet invested.
What has Grovest invested in recently?
Recent investments include SMEasy Business Software (Pty) Ltd.