Fundraising Fox
🦊/Companies
Sign in

Asaak

8 known investors

Find your way into Asaak

261 people in our graph share verified history with the Asaak team — schools, employers, funds. One of them is your warm intro.

Zach Whiteunlockedknows Kaivan Sattar · together at New York University (overlapped)
×3knows the team · via Federal Reserve Bank of New York
knows the team · via Innovations for Poverty Action
×3knows the team · via New York University
×4knows the team · via Columbia Engineering

Asaak provides financing solutions for small and medium enterprises in Africa, with a focus on vehicle financing for ride-hailing and logistics operators. The company enables business owners to access capital to grow their operations across multiple African cities.

B2B MarketplacesFintech

Founders & leadership

KSKaivan Sattar
Kaivan SattarinHe previously worked as a data scientist at Kiavi, a fintech lending startup, and as a quantitative analyst at the Federal Reserve Bank of New York.
TO
Titus Opesen

Investors · 8

500 GlobalSan Francisco · $150K
Founders Factory AfricaJohannesburg
HOF CapitalNew York · $25K – $15M
Resolute VenturesSan Francisco · $1M
Sur Ventures$50K – $700K
White Paper Capital

Also in the syndicate · 2

Decentralized VCEnd Poverty Make Trillions

Funding

SEC filings, press & company announcements

$30M disclosed across 1 of 2 rounds · 2022

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Kaivan Sattar's Asaak raises $30 million to facilitate digital lending in Uganda | Business Insider Africaafrica.businessinsider.com · Apr 2022Asaak raises $30m in funding; partners with Standard Bankafricaprivateequitynews.com · Jan 2022Ugandan fintech Asaak raises $30mn in pre-Series A Fundingasaak.com · Jan 2022Asaak lands funding to support gig workers in Africafintech.global · Jan 2022Ugandan fintech Asaak raises $30 million to support acquisition of motorbikes, smartphonesasaak.com · Jan 2022

Frequently asked questions

What does Asaak do?
Asaak provides financing solutions for small and medium enterprises in Africa, with a focus on vehicle financing for ride-hailing and logistics operators. The company enables business owners to access capital to grow their operations across multiple African cities.
Who founded Asaak?
Asaak was founded by Kaivan Sattar.
Who are Asaak's investors?
Asaak's investors include 500 Global, Founders Factory Africa, HOF Capital, Resolute Ventures, Sur Ventures, White Paper Capital.
How much funding has Asaak raised?
Asaak has disclosed $30M raised across 1 of its 2 known rounds.