Ndovu - About the company
Ndovu is a seed company based in Nairobi (Kenya), founded in 2020 by Radhika Bhachu and Rogito Nyangeri. It operates as a Personal financial advisory platform for individuals. Ndovu has raised $2.3M in funding from investors like Plug and Play Tech Center, 4DX Ventures and Oui Capital. The company has 2813 active competitors, including 210 funded and 178 that have exited. Its top competitors include companies like Nutmeg, Dezerv and Nuvama.
Company Details
Personal financial advisory platform for individuals. It allows users to choose from multiple investment products such as stocks, funds, and more. It features tools for developing financial plans for the future, savings and wealth management, and tracking spending activities.
- Website
- www.ndovu.co/
- Registered Address
- 86-90 PAUL STREET,LONDON,ENGLAND,UNITED KINGDOM,EC2A 4NE
Key Metrics
Founded Year
2020
Location
Nairobi, Kenya
Stage
Seed
Total Funding
$2.3M in 2 rounds
Latest Funding Round
Investors
Ranked
84th among 2813 active competitors
Employee Count
142 as on Mar 31, 2026
Legal entities associated with Ndovu
Ndovu is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NDOVU WEALTH LTD CIN: 14574301 , United Kingdom, Active | Jan 05, 2023 | - | - |
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Ndovu's funding and investors
Ndovu has raised a total funding of $2.3M over 2 rounds. Its first funding round was on Oct 2021. Its latest funding round was a Seed round on Oct 2023 for $*****. 4 investors participated in its latest round. Ndovu has 8 institutional investors.
Here is the list of recent funding rounds of Ndovu:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 2023 | 4598371 | Seed | 9271464 | 7100861 | 5546099 | 2424830 |
Oct 2021 | 1828212 | Seed | 6594662 | 7219198 | 1626522 |
View details of Ndovu's funding rounds and investors
Ndovu's founders and board of directors
Founder? Claim ProfileHere are the details of Ndovu's key team members:
- Radhika Bhachu: Co-Founder & CEO of Ndovu. Contact Info: 1 email address
- Rogito Nyangeri: Co-Founder & CCO of Ndovu.
View details of Ndovu's Founder profiles and Board Members
Ndovu's employee count trend
Ndovu has 142 employees as of Mar 26. Here is Ndovu's employee count trend over the years:
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Ndovu's Competitors and alternates
Top competitors of Ndovu include Nutmeg, Dezerv and Nuvama. Here is the list of Top 10 competitors of Ndovu, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nutmeg 2011, London (United Kingdom), Acquired | Personal finance planning and management platform | $180M | 78/100 | |
2nd | Wealth management platform offering financial planning and advisory service | $100M | 77/100 | ||
3rd | Diversified of wealth & asset management services | - | - | 72/100 | |
4th | Farther 2019, New York City (United States), Series C | App-based financial planning and management platform for individuals | $118M | 69/100 | |
5th | Pontera 2012, New York City (United States), Series C | Tax management solutions for businesses | $160M | 68/100 | |
6th | Ascensus 1980, Dresher (United States), Acquired | Tax-advantaged savings solutions and strategic technology partnerships for financial institutions and governments | - | 67/100 | |
7th | Origin 2019, San Francisco (United States), Series B | Financial planning solutions for employees | $68M | 66/100 | |
8th | A J Bell 1995, Manchester (United Kingdom), Public | Financial advisory and retirement planning service provider | $32M | 65/100 | |
9th | Provider of wealth management and investment solutions for experienced investors | $153M | 63/100 | ||
10th | Compound 2019, San Francisco (United States), Series B | Wealth and financial management platform | $37.1M | 62/100 | |
84th | Personal financial advisory platform for individuals | $2.3M | 45/100 |
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Ndovu's Investments and acquisitions
Ndovu has made no investments or acquisitions yet.
Reports related to Ndovu
Here is the latest report on Ndovu's sector:
News related to Ndovu
Media has covered Ndovu for 1 event in last 1 year.
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Ndovu Exits CMA Regulatory Sandbox to Offer Robo-advisory ServicesKenyan Wall Street•Oct 12, 2022•Ndovu
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Waanzilishi Capital Becomes The First Kenyan FinTech To Get A Fund Manager LicenseSoko Directory•Aug 25, 2022•Ndovu
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VC Firm Oui Capital Hits 1st Close of its $30 Million 2nd FundKenyan Wall Street•Aug 04, 2022•Oui Capital, TeamApt, MVX, Akiba Digital and 5 others
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Ndovu And Tulix Partner To Empower Africa’s Diaspora Invest Back HomeSoko Directory•Jul 29, 2022•Ndovu, Antler, Tulix, Tulix Systems
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Kenyan wealth-tech startup Ndovu launches following pre-seed funding roundDisrupt Africa•Feb 15, 2022•Ndovu
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