Yellow - About the company
Yellow is a series C company based in Lilongwe (Malawi), founded in 2018 by Maya Stewart and Michael Heyink. It operates as a Provider of digital platform for informal merchants in Africa. Yellow has raised $20M in funding from Acumen and Convergence Partners. The company has 14 active competitors, including 7 funded and 1 that has exited. Its top competitors include companies like Palmetto, Sunsave and Two Point O Capital.
Company Details
Provider of the digital platform for informal merchants in Africa. The company offers a digital technology platform that enables a distributed network of sales agents to serve rural households with products and services.
- Website
- yellow.africa
- Social
- Email ID
- *****@yellow.africa, *****@yellow.africa
- Phone Number
- +265 **********
Key Metrics
Founded Year
2018
Location
Lilongwe, Malawi
Stage
Series C
Total Funding
$20M in 11 rounds
Latest Funding Round
Ranked
4th among 14 active competitors
Employee Count
214 as on Aug 31, 2026
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Yellow's funding and investors
Yellow has raised a total funding of $20M over 11 rounds. Its first funding round was on 2019. Its latest funding round was a Series C round on Aug 19, 2026 for $*****. 2 investors participated in its latest round. Yellow has 10 institutional investors.
Here is the list of recent funding rounds of Yellow:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 19, 2026 | 5192004 | Series C | 4201619 | 1735039 | 3931836 | 9251254 |
Sep 26, 2024 | 6383546 | Series B | 7069727 | 6318515 | 1595850 | 6046177 |
Jun 19, 2023 | 8179075 | Series B | 4361688 | 5698744 |
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Yellow's founders and board of directors
Founder? Claim ProfileThe founders of Yellow are Maya Stewart and Michael Heyink.
Here are the details of Yellow's key team members:
- Maya Stewart: Co-Founder of Yellow. Contact Info: 1 email address
- Michael Heyink: Co-Founder of Yellow.
View details of Yellow's Founder profiles and Board Members
Yellow's employee count trend
Yellow has 214 employees as of Aug 26. Here is Yellow's employee count trend over the years:
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Yellow's Competitors and alternates
Top competitors of Yellow include Palmetto, Sunsave and Two Point O Capital. Here is the list of Top 10 competitors of Yellow, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Palmetto 2009, Charleston (United States), Series C | Residential solar energy systems and battery storage solutions | $670M | 70/100 | |
2nd |  Sunsave 2022, London (United Kingdom), Series A | Provider of residential solar energy systems through a subscription model | $29.3M | 63/100 | |
3rd |  Two Point O Capital 2024, Mumbai (India), Seed | Provider of financing solutions for energy transition projects and businesses | $6.3M | 56/100 | |
4th | Provider of digital platform for informal merchants in Africa | $20M | 57/100 | ||
5th |  Distributed Energy 2019, Singapore (Singapore), Seed | Provider of solar energy solutions for commercial and industrial clients | $1.4M | 44/100 | |
6th |  Woltair 2018, Zlicin (Czech Republic), Series B | Provider of clean energy solutions including photovoltaics, heat pumps, and charging stations | $37.6M | 43/100 | |
7th |  QuantE Energy 2024, Noida (India), Seed | Provider of solar, electric vehicle, and sustainability solutions for residential housing societies | $500K | 31/100 | |
8th | Offering subscription based solar energy solutions | - | - | 29/100 | |
9th | Babio Power 2023, Los Angeles (United States), Unfunded | Platform providing solar energy quotes | - | - | 27/100 |
10th | Online retailer of solar energy products | - | - | 27/100 |
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Yellow's Investments and acquisitions
Yellow has made no investments or acquisitions yet.
Reports related to Yellow
Here is the latest report on Yellow's sector:
News related to Yellow
Filter this listMedia has covered Yellow for a total of 2 events in the last 1 year.
•
Convergence Partners Leads Series C Funding in African Fintech YellowAfricaglobalfunds•Aug 19, 2026•Yellow, Co, Convergence Partners
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Yellow Malawi raises $2m from Acumen to drive energy access across AfricaTechMoran•Oct 11, 2024•Yellow, Acumen
•
Yellow Malawi raises $2 million investment to provide energy access for 182,000 peopleTechpoint.Africa•Sep 27, 2024•Yellow, Acumen
•
Convergence Partners Backs Yellow’s Latest Series B Funding RoundACCESSWIRE•Jun 26, 2023•Convergence Partners, Yellow, Solcon Capital, Triple Jump and 1 other
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African Fintech Yellow Raises $14 MillionFinancial IT•Jun 18, 2023•Yellow, Convergence Partners, Triple Jump, Platform Investment Partners and 2 others
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Yellow has successfully closed its Series B equity roundAfrica Business Communities•Apr 20, 2023•Yellow
•
Yellow gets Series B funding to bring electricity to more African villages.Tech In Africa•Apr 04, 2023•Yellow, Triple Jump
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Oikocredit invests $5 million in Yellow to support growth of solar energy in AfricaAfrica Business Communities•Feb 02, 2023•Oikocredit, Yellow
•
South African Tech Startup Yellow Raises $23M to Expand Energy Financing BusinessPYMNTS.com•Jun 25, 2022•Yellow, Cygnum Capital, Lion’s Head
•
Yellow, a Malawian off-grid solar provider, has received $4 million in debt financing from SunFunderTechgist Africa•Sep 16, 2021•Yellow
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