# Untapped Invest

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/untapped-invest

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.untapped-global.com
- Total disclosed funding: $3M
- Latest round: Seed (Sep 20, 2023)
- Investors on record: 1

## About

Based in California, US, and founded in 2020, Untapped Investment Inc, operates as an investment company that offers an online investment platform that helps investors to invest in Africa’s emerging startups. The company was founded by its CEO Jim Chu. In May 2022, Untapped Invest, Inc. raised venture debt. As of 2022, the investment company’s offices are in 3 countries, the US, Kenya, and South Africa. 

Untapped provides an online platform that allows investors to invest in growing startups in Africa. The growing industry in Africa includes fintech, healthcare, logistics, mobility, etc. An individual can start his/her investment journey with Untapped with a minimum amount of USD 300. It uses a model which with the help of technology tracks the usage and revenue of capital assets in real-time and offers a dashboard that provides insights about the companies and investments. Some startups which are backed by investment from Untapped are Flexclub, it is a subscription marketplace for vehicle and leasing companies, Paga which is Nigeria’s mobile money company that helps people to send and receive money digitally, PayGas, which provides affordable cooking gas, etc.

The company plans to use the May 2022, funding to provide smart wealth finance to emerging markets entrepreneurs.

## Funding rounds

- Seed, Sep 20, 2023, $3M — Cygnum Capital

## Investors

- Cygnum Capital (https://capitalatlas.ai/funds/cygnum-capital) — Seed