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Home Funding

SweepSouth, a South African startup providing online home services, secures $11 million in funding

Tech Gist Africa by Tech Gist Africa
10/03/2022
in Funding, News - South Africa, Startups
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SweepSouth South Africa

SweepSouth South Africa

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SweepSouth, a South African startup that offers online home services and is active throughout Africa, has acquired US$11 million in funding for further expansion. 

The Michael and Susan Dell Foundation, Naspers Foundry, and Futuregrowth Asset Management are all existing investors in the round, which was led by the gender-lens private equity firm Alitheia IDF.

The round also saw the addition of new investors Endeavor Catalyst, Endeavor’s Harvest Fund II, Caruso Ventures, and E4E Africa. 

SweepSouth is an online platform that offers on-demand home cleaning services and was launched in 2014 by Aisha Pandor and Alen Ribic.

It also operates in Kenya, Nigeria, and Egypt. 

As we continue to scale in South Africa and expand our operations in Kenya, Nigeria, and Egypt, this additional funding round is crucial for our team, according to Pandor. “We’re eager to carry on SweepSouth’s work of linking clients with home service providers throughout the continent, developing a platform that empowers domestic workers and neighborhood tradesmen,” the company said. 

Polo Leteka, the principal partner at Alitheia IDF, said, “We are happy to assist SweepSouth’s expansion as it grows its platform that significantly improves the financial and social results for domestic workers across Africa, the majority of whom are women. 

The additional round of funding will enable the business to expand its South African workforce and infrastructure even further, launch new services in already-established markets and pursue both greenfield growth and acquisitions throughout the African region and beyond.

 

Read more on Tech Gist Africa:

Skrmiish, a South African gaming startup, receives $2.5 million in a seed funding round

Qwili, a South African startup, secures a $1.2 million seed round

Sava, a South African spend management platform, secures $2 million in pre-seed funding

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