Grovest
Overview
Established in 2014, Grovest is South Africa's first venture capital company incorporated under Section 12J of the Income Tax Act, providing investors with direct exposure to the rapidly developing VC sector in the country. The company manages assets under administration totaling R3.6 billion, reflecting its significant presence in the South African investment landscape. Grovest's offerings include a selection of proprietary alternative investments, catering to both first-time and seasoned investors with minimum investments ranging from R5,000 to R500,000, depending on the fund. Grovest's investment strategy focuses on early-stage, seed, and growth investments across a diverse range of industries, including technology, healthcare, financial services, consumer goods, energy, media, telecommunications, education, agriculture, manufacturing, retail, transport, logistics, construction, and real estate. The company has a history of pioneering industry firsts, such as launching the first Section 12J fund in South Africa and the first Section 12B private equity green energy fund. With a team of experienced professionals, Grovest emphasizes transparency and regular reporting to keep investors informed about their portfolios. The company's philosophy centers on creating opportunities that enhance the world through entrepreneurial ideas, vision, courage, and capital growth, aiming to deliver appropriate risk-related returns to investors while contributing positively to the broader economy.
Investment Focus
- Focus on early-stage, seed, and growth investments
- Diversified across various industries
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Grovest
What sectors does Grovest invest in?
Grovest invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Real Estate, and is based in Gauteng, South Africa. Grovest is listed as a venture capital in the ConnectSafely investor database.
What stage does Grovest invest at?
Grovest backs companies at Seed, Early Stage and Growth, writing cheques of 500K - 10M.
Which regions does Grovest invest in?
Grovest invests across South Africa.
What companies has Grovest invested in?
Grovest's portfolio includes Seed Engine, SMEasy, SilverLeaf Investments, Decentral Energy Capital, Kalon Venture Partners, Cabriere (Catalyst Hotel), Mdluli Safari Lodge and WDB Growth Fund.
Last updated · Source: ConnectSafely investor database