Botswana
2022
Pre-Series A Bridge Funding
Sole Financial Advisor
Verdant Capital acted as sole financial advisor to Alpha Direct on its pre-Series A bridge funding round. Founded in 2014, Alpha Direct is a Botswana-based insurtech that leverages cloud, artificial intelligence and big data to deliver compelling, value-for-money insurance products directly to consumers across both personal and commercial lines. The bridge round – which drew backing from institutional venture investors including Launch Africa Ventures and Century Oak Capital, alongside angel investors from earlier rounds – was structured to fund the company’s continued technology development and its international expansion beyond Botswana into new African markets, positioning the business ahead of a […]
Botswana 2022 AlphaDirect Pre-Series A Bridge Funding Sole Financial Advisor
Verdant Capital acted as sole financial advisor to Alpha Direct on its pre-Series A bridge funding round. Founded in 2014, Alpha Direct is a Botswana-based insurtech that leverages cloud, artificial intelligence and big data to deliver compelling, value-for-money insurance products directly to consumers across both personal and commercial lines. The bridge round – which drew backing from institutional venture investors including Launch Africa Ventures and Century Oak Capital, alongside angel investors from earlier rounds – was structured to fund the company’s continued technology development and its international expansion beyond Botswana into new African markets, positioning the business ahead of a full Series A raise. Verdant Capital advised the company throughout the transaction, from structuring and investor engagement through to completion, reinforcing its position as a leading corporate finance advisor to high-growth financial-technology and financial-institution businesses across Africa.