Investors / Reflect Ventures
Reflect Ventures
Venture capital
Reflect Ventures manages funds and syndicates that invest in B2B and B2B2C companies in emerging markets. It focuses on logistics, supply chain, distribution, transport, and fintech rails, and works with its investees on operations, hiring, financial strategy, and business development.
Invests inE-commerce & MarketplacesFintech
In its own wordsb2blogisticssupply chaindistributiontransportfintech
Your fit with Reflect Ventures
Four questions about your startup
See how your round matches what it backs, point by point.
Or find every investor that fitsReflect Ventures lists 22 checked portfolio companies on its own site and is named in 1 funding round. Its most frequent entry is Seed, 100% of the companies with a known first round. Its largest themes are E-commerce & Marketplaces (28%), Fintech (23%) and Industrial & Manufacturing (10%). It invests most often alongside Launch Africa, Orbit Startups and Y Combinator.
Counts come from funding rounds that name Reflect Ventures, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.
Round figures show recent activity, not Reflect Ventures' whole history. Rounds on record name 1 company; its own site lists 22. Funding rounds are complete from mid-2025, so counts and the yearly trend undercount a firm that invested before then. The portfolio, themes and places come from its own site and are not affected.
Entry stage
share of companies by the stage of its first roundReflect Ventures does not state its stages on its site, so only what it does is shown.
Show as a table
| Value | |
|---|---|
| Pre-seed | 0% |
| Seed | 100% |
| Series A | 0% |
| Series B | 0% |
| Growth | 0% |
Activity by year
rounds it joined, last 10 yearsShow as a table
| Total | Rounds it led | |
|---|---|---|
| '17 | 0 | 0 |
| '18 | 0 | 0 |
| '19 | 0 | 0 |
| '20 | 0 | 0 |
| '21 | 0 | 0 |
| '22 | 0 | 0 |
| '23 | 0 | 0 |
| '24 | 1 | 0 |
| '25 | 0 | 0 |
| '26 | 0 | 0 |
Investor profile
percentile among all firmsShow as a table
| Measure | Percentile of all firms | Value |
|---|---|---|
| Portfolio size | 55th | 22 companies |
| Recent activity | 46th | 0 rounds in 12 months |
| Early stage | 100th | 100% of entries at pre-seed or seed |
| Evidence | 62th | 5% of companies confirmed by a round |
| Sector focus | 46th | 28% in its largest sector |
| Reach | 96th | 11 countries |
Investment themes
share of its checked companiesThis firmAll checked companies
Show as a table
| This firm | All checked companies | |
|---|---|---|
| E-commerce & Marketplaces | 28% | 6% |
| Fintech | 23% | 12% |
| Industrial & Manufacturing | 10% | 7% |
| Mobility & Logistics | 10% | 1% |
| AI & Machine Learning | 8% | 18% |
| Legal & Compliance | 8% | 2% |
| Healthcare & Biotech | 5% | 15% |
| Cybersecurity | 3% | 4% |
Invests most often with
firms sharing its portfolio companiesShow as a table
| Share | |
|---|---|
| Launch Africa | 3 |
| Orbit Startups | 3 |
| Y Combinator | 3 |
| IndieBio | 2 |
| Renew Capital | 2 |
| Roselake Ventures | 2 |
| SOSV | 2 |
| Seedstars International Ventures | 2 |
Its portfolio companies
where they are based, and what their own sites showSite status
- Site answers22100%
- No longer answers00%
- Points to another company00%
- Parked or sold domain00%
A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.
Co-investor network
who it backs companies with, and who they back togetherCompare Reflect Ventures head to head
portfolio size, rounds, entry stages, themes and the companies both backThree or more firms at once: portfolio overlap.
Recent portfolio activity
when companies last raised with Reflect Ventures| Date | Company | Stage |
|---|---|---|
| 13 May 2024 | Seed |
Round details for Reflect Ventures
Amounts, full round histories and every co-investor in Reflect Ventures' rounds are on Fundup AI. VCinfo covers investors and their portfolios.
Portfolio
22 companies checked against their own sites| Company | What it does | Themes | First round with it | Evidence |
|---|---|---|---|---|
| 1Trolley Cloud provides digital ordering, loyalty, and AI solutions for food and beverage businesses worldwide. | Food & AgricultureAI & Machine Learning | Portfolio page | ||
| Appload connects logistics companies with clients who need cargo transportation through an online service | Legal & ComplianceE-commerce & Marketplaces | Portfolio page | ||
| Cargon provides a digital platform for managing freight shipments by road, sea, and air | Legal & ComplianceIndustrial & Manufacturing | Portfolio page | ||
| Chari provides an electronic wallet for Moroccans to manage various financial services, including phone recharges, bill payments, and money transfers, through a single mobile app. | FintechE-commerce & Marketplaces | Portfolio page | ||
| Dastgyr Technologies operates a global trade marketplace connecting buyers and sellers across various industries. | E-commerce & MarketplacesFintech | Portfolio page | ||
| Fincart provides a platform for managing shipping and courier services | E-commerce & MarketplacesFintech | Portfolio page | ||
| Gigmile helps riders, drivers and fleet operators access affordable vehicle financing, insurance, and operational support to grow their businesses. | FintechMobility & Logistics | Portfolio page | ||
| Portfolio page | ||||
| Goflux connects shippers and carriers with digital governance in road freight, providing solutions for freight management and logistics. | Industrial & ManufacturingE-commerce & Marketplaces | Portfolio page | ||
| Jatri provides transportation services including bus tickets, car rental, and launch tickets | Mobility & LogisticsE-commerce & Marketplaces | Portfolio page | ||
| Kamion develops technologies for contract and spot transportation, and provides solutions for shippers and carriers | Industrial & ManufacturingE-commerce & Marketplaces | Portfolio page | ||
| Maad provides a logistics platform for brands across Africa | AI & Machine LearningE-commerce & Marketplaces | May 2024Seed | Page + round | |
| Moneco provides a financial application for Africans with features such as international accounts, virtual cards, and money transfers. | Fintech | Portfolio page | ||
| Moova provides fast, flexible, and efficient delivery services for businesses and individuals. | E-commerce & MarketplacesFintech | Portfolio page | ||
| T40 provides comprehensive transportation solutions and logistics management tools for businesses in Nigeria | Healthcare & BiotechFintech | Portfolio page | ||
| Pollen helps FMCG brands recover excess inventory through controlled liquidation | Consumer | Portfolio page | ||
| PulseTech is Bangladesh’s #1 licensed digital pharmaceutical distributor, serving over 14,000+ retail pharmacies. | Healthcare & BiotechE-commerce & Marketplaces | Portfolio page | ||
| Renda is reshaping logistics and mobility for the world’s fastest-growing markets through asset-light infrastructure and technology-driven solutions. | Mobility & Logistics | Portfolio page | ||
| SourceID provides an AI-powered platform for customer and business verification and identity management. | FintechCybersecurity | Portfolio page | ||
| The company provides an app for professional drivers to save money on fuel and other expenses | FintechMobility & Logistics | Portfolio page |
About this data
site last read 5 Nov 2026- Site
- reflectventures.com
- Last read
- 5 Nov 2026
- Watching since
- 6 Nov 2026
- Rounds since
- 13 May 2024
- Companies checked
- 22
Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.
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