About Cactus Advisors
Cactus Advisors is a venture capital firm founded in 2013. It is primarily based out of Cape Town, South Africa. As of Nov 2016, Cactus Advisors has invested in 9 companies. It primarily invests in Seed round in Nigeria based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and FinTech. Most recently it participated in the $***** Seed round of Flutterwave Overall, Cactus Advisors portfolio has seen 1 unicorn and 1 acquisition, namely Flutterwave and EduOne. Cactus Advisors has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Portfolio Unicorns
Cactus Advisors' List of Top Investments
Cactus Advisors has a portfolio of 9 companies, one of which is a Unicorn. Their most notable investmentis in FlutterwaveTheir portfolio spans across South Africa, Nigeria, Uganda and 1 more locations. They have invested in Enterprise Applications, Consumer, FinTech and 9 other sectors, across stages such as Seed stage. Here is the list of top investments by Cactus Advisors:
1. Flutterwave
Provider of payment solutions for online and physical business transactions. It offers tools for accepting payments, payouts, transfers, and creating online stores. The company provides application programming interfaces for developers to integrate payment functionalities. It also facilitates tuition payments and event ticket purchases.
Key facts about Flutterwave
- Founded Year: 2016
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $489M
- Employee Count: 875 as on May 31, 2026
- Investors: Glynn Capital, Alrai Capital and 73 Others
- Latest Funding Round: Series E, Jul 07, 2026, $*****
- Highlight: Editors' Pick
2. RecoMed
Online doctor appointment booking platform. Users can search for doctors by medical specialty, location. for each doctor, provides information on qualifications, accepted insurance, languages spoken among others.
Key facts about RecoMed
- Founded Year: 2013
- Location: Cape Town (South Africa)
- Stage: Series A
- Total Funding till date: $1.69M
- Employee Count: 23 as on May 31, 2026
- Investors: Eisai, HAVAIC and 10 Others
- Latest Funding Round: Series A, Mar 08, 2024, $*****
- Highlight: Editors' Pick
3. Sortd
Sortd offers an email productivity tool designed for GSuite. Allows users to manage emails and leads, set up tasks and reminders, switch between lists, and scribble notes using a drag and drop user interface. Has multiple products to cater to different devices and use cases Sortd for Gmail, Sortd for Slack, Sortd Sales CRM for Gmail, and Sortd for iOS. It offers a subscription based pricing policy.
Key facts about Sortd
- Founded Year: 2014
- Location: Johannesburg (South Africa)
- Stage: Series A
- Employee Count: 6 as on May 31, 2026
- Investors: HAVAIC and Cactus Advisors
- Latest Funding Round: Series A, Jul 29, 2019, $*****
- Highlight: Editors' Pick
4. Xente
Xente is an online mobile payment and mobile commerce platform. It allows the users to do online shopping, pay bills, book tickets for bus, train, airline etc. Users can also buy airtime, movie/event tickets, pay school fees etc. App is available for Android platforms.
Key facts about Xente
- Founded Year: 2014
- Location: Kampala (Uganda)
- Stage: Seed
- Employee Count: 19 as on Jul 01, 2024
- Investors: Samurai Incubate, Renew Capital and 4 Others
- Latest Funding Round: Seed, Mar 29, 2023, $*****
- Highlight: Editors' Pick
5. HouseME
HouseME is an online platform to manage rental properties. The solution enables users to create property listings, advertise them on various portals, schedule bookings, screen tenants, digitally sign leases, collect & manage rental payments, and more. Tenants can use the portal to find properties, submit offers, make the payment, and more. The company has partnered with Watson Ferguson, Sage Pay, and getToD, among others. The company earns revenue by charging a monthly fixed fee for the services offered.
Key facts about HouseME
- Founded Year: 2015
- Location: Cape Town (South Africa)
- Stage: Deadpooled
- Total Funding till date: $3M
- Employee Count: 11 - 50 as on Jul 01, 2024
- Investors: Cactus Advisors, Gumtree and 1 Other
- Latest Funding Round: Seed, Sep 02, 2020, $*****
Cactus Advisors' Investments by Stage
Cactus Advisors has made 2 investments in Seed stage.Cactus Advisors' Investments by Sector
Cactus Advisors has a diverse portfolio, with companies operating in the FinTech, Consumer, Enterprise Applications, Financial Services and Retail. Notably, it has invested in 7 Tech companies, 4 Consumer (B2C) companies, 4 Enterprise (B2B) companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 2 |
Consumer | 1 |
Enterprise Applications | 1 |
Financial Services | 1 |
Retail | 1 |
Note: We have considered here, only first round of investments
Cactus Advisors' Investments by Geography
Cactus Advisors has made most investments in Nigeria (1), followed by South Africa where it has made 1 investment.Country | No. of Investments |
|---|---|
Nigeria | 1 |
South Africa | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Cactus Advisors' recent investments
Cactus Advisors has not made any investment in 2026 so far.Here are the most recent investments by Cactus Advisors:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 15, 2016 | United States | Seed | 2897 | - | |
Nov 15, 2016 | South Africa | Seed | 1237 | - |
Unicorns in Cactus Advisors' Portfolio
Cactus Advisors has 1 unicorn in its portfolio - Flutterwave. The most recent unicorn in their portfolio is Flutterwave which became a unicorn in 2021, 4 years after Cactus Advisors first invested in it.Here is a list of unicorns in Cactus Advisors' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
83 | Provider of payment solutions for online and physical business transactions | 2016 | San Francisco | Series E | t{gbejz |
Acquired companies in Cactus Advisors' Portfolio
1 company from Cactus Advisors' portfolio has been acquired. The most recent acquisition was EduOne in Nov 2021 by Fundi for $*****.Here are Cactus Advisors' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 25, 2021 | - | - | 4265 |
Team profile of Cactus Advisors
Cactus Advisors has a team of 1 member located in South Africa. Cactus Advisors' team does not sit on the board of any company as of now.Co-investors of Cactus Advisors
Over the past 10 years, 33 investors have co-invested in Cactus Advisors's portfolio companies. This includes only funds.
- Invested before Cactus Advisors: FIS, Y Combinator and 1 other have invested in rounds before Cactus Advisors. There is 1 company where FIS has invested before Cactus Advisors and 1 company where Y Combinator has invested before Cactus Advisors.
- Invested after Cactus Advisors: A total of 30 investors have invested in Cactus Advisors's portfolio after their investments. Top Investors include Greycroft (1 company), CRE Venture Capital (1 company) and Green Visor Capital (1 company).
