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§ Private Profile · San Francisco, CA, USA
SaaS platform enabling pay-as-you-go product sales for last-mile distributors in emerging markets, focused on off-grid energy and clean cooking.
Based in San Francisco, California, Angaza provides a B2B SaaS platform that enables distributors to sell pay-as-you-go products to unbanked consumers across emerging markets in Sub-Saharan Africa, Asia, and Latin America. The company licenses its proprietary metering, mobile payment processing, and monitoring technology to manufacturers and last-mile distributors operating primarily within the off-grid energy, water, and clean cooking sectors. Angaza has raised $30.39 million in total venture funding and currently operates in over 50 countries, processing more than $500 million in product loans to date. The software platform facilitates the incremental financing of essential devices from major hardware manufacturers like Samsung and Nokia, supported by institutional investors including Emerson Collective, Salesforce Ventures, and Rethink Impact. Reaching an estimated 30 million people globally, the enterprise was founded in 2010 by Lesley Marincola, Bryan Silverthorn, and Victoria Arch.
Angaza has raised $14.5M across 2 funding rounds.
Angaza has raised $14.5M in total across 2 funding rounds.
Angaza has raised $14.5M across 2 funding rounds. Most recently, it raised $10.5M Series B in October 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 2, 2017 | $10.5M Series B | Laurene Powell Jobs | Rethink Impact, Salesforce Ventures, Social Capital, Stanford | Announced |
| Oct 23, 2015 | $4M Series A | — | The Social Entrepreneurs' Fund | Announced |
Angaza has raised $14.5M in total across 2 funding rounds.
Angaza's investors include Laurene Powell Jobs, Rethink Impact, Salesforce Ventures, Social Capital, Stanford, The Social Entrepreneurs' Fund.