E Squared Investments
Impact investorJohannesburg · Pre-Seed–Growth · 41 people tracked
Find your way into E Squared Investments
Investment thesis
E Squared invests across all stages, from early-stage ventures to seed and growth-stage high-growth companies, as well as social enterprises, aiming to generate both financial and social returns. As a disciplined, long-term investor it provides capital, strategic guidance and network access to build resilient, scalable businesses, working closely with boards and management on governance, sustainable value creation and measurable impact. Its programmes include milestone-based startup and growth capital for Allan Gray Fellows, seed/growth funding and buy-in/acquisition transactions, a mandate for majority-BEE-owned Series A and later businesses, grant funding for social enterprises, blended finance for hybrid social enterprises, and support for emerging and established fund managers.
Source: firm website, verified Sep 26, 2026.
Team · 41 people
from the firm's websiteWhat they invest in
from 3 of 4 portfolio companiesDigital Health ×1Direct to Consumer ×1EdTech ×1FemTech ×1Fintech ×1Future of Work ×1
HQs:United Kingdom×1South Africa×1
Investments · 4 tracked
founders shown can be your intro pathVula offers software that automates parts of small-business lending in African markets, including extracting figures from financial documents, scoring risk, and forwarding applications to lenders.
FintechLondon, GB
Nic Rawhani(CEO)inAlex Goff(CTO)in
Co-investorsEntrepreneur FirstHAVAIC
Zaio runs online coding bootcamps for beginners in areas such as full stack AI engineering, web development, data science, cybersecurity, and digital marketing, offering nationally recognised certifications (MICT SETA, Microsoft, CompTIA) and job placement support.
EdTechFuture of Work
Mvelo Hlophe(Founder)in
Co-investorsInjini
Zoie Health is a digital women's health platform offering wellness supplements, at-home test kits for fertility, STIs and general health, online consultations with healthcare providers, contraceptives, and an online pharmacy.
Digital HealthDirect to ConsumerFemTech
Co-investors4DX VenturesFirstCheck Africa
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
3 Capital Ventures
Frequently asked questions
- What stage does E Squared Investments invest at?
- E Squared Investments invests at the Pre-Seed, Seed, Series A, Series B, Growth stages.
- What is E Squared Investments's typical check size?
- E Squared Investments typically writes checks of $11K.
- What sectors does E Squared Investments focus on?
- E Squared Investments focuses on Impact & Social Good, Sector Agnostic.
- Where is E Squared Investments located?
- E Squared Investments is headquartered in Johannesburg, ZA.
Media · Podcasts & interviews
featuring the teamBusiness Talk – E Squared Investments CEO Gladwyn Leeuw on supporting responsible entrepreneurship
BusinessTech · Gladwyn Leeuw
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