
Foondamate
OperatingFoondaMate makes education accessible to those who might have no other means of getting study material.
- EdTech
- Cape Town, South Africa
- Seed
- Founded 2020
- foondamate.com ↗
- Total raised
- $2M
- disclosed
- Last round
- $2M
- Seed
- Rounds
- 2
- since 2020
- Investors
- 8
- on record
- Employees
- 2-10
Foondamate funding and investors
Foondamate has raised $2M across 2 disclosed rounds. The latest is a $2M Seed announced 24 May 2022, led by LocalGlobe.
- Lead investors
- 1
- Largest round
- $2M
- Round cadence
- 17 mo
- average gap
Foondamate funding rounds2 · newest first
- Seed$2M
24 May 2022 · led by LocalGlobe
- Funding RoundUndisclosed
01 Jan 2021
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 24 May 2022 | Seed | LocalGlobe · XX, Odunayo Eweniyi, Marcus Swanepoel, LoftyInc Capital Management, Iyinoluwa Aboyeji, Isaac Oates, Emerge Education | $2M |
| 01 Jan 2021 | Funding Round | LoftyInc Capital Management | Undisclosed |
Investors in Foondamate8 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| LocalGlobeImpact Investor | Lead | Seed | May 2022 |
| LoftyInc Capital ManagementVenture Capital | Participant | Funding Round, Seed | Jan 2021 |
| XXImpact Investor | Participant | Seed | May 2022 |
| Odunayo EweniyiAngel Investor | Participant | Seed | May 2022 |
| Marcus SwanepoelVenture Capital | Participant | Seed | May 2022 |
| Iyinoluwa AboyejiPrivate Equity | Participant | Seed | May 2022 |
| Isaac Oates | Participant | Seed | May 2022 |
| Emerge EducationVenture Capital | Participant | Seed | May 2022 |
Frequently asked about Foondamate
- How much funding has Foondamate raised?
- Foondamate has raised $2M across 2 disclosed rounds. Its latest, a $2M Seed, was announced on May 24, 2022.
- Who has invested in Foondamate?
- Backers include XX, Odunayo Eweniyi, Marcus Swanepoel, LoftyInc Capital Management and 4 others.
Profile updated Source: SLA Startup IndexHow we count →