Grovest

Grovest Venture Capital Company Limited is a venture capital trust specializing in investing in startups, early stage pre and post revenue companies, series A, series B, growth capital, and mature companies based in South Africa. It typically invests in high growth, scalable, low capex private companies. The fund seeks to invest in the disruptive digital technology sector.

Fund mandate

To build a portfolio of potentially high growth small and medium sized companies that:

• Are revenue producing;
• Have impressive and plausible business models;
• Are attractively priced and having potential for rapid growth;
• Have defensible market positions;
• Have a dynamic and motivated management teams that have a meaningful equity stake in the business;
• Require growth capital.

Average investment size

R3 million to R6 million per investment