90% of startups fail. That's an average. For those startups that are venture-backed, the failure rate is still in excess of 60%. How does ACCOventures further decrease that failure rate?
Our approach is to continuously accompany the startups we invest in until they are ready for a Series A funding round. By doing so:
- we make sure no promising venture slows down or stalls for no good reason
- we detect critical issues early enough to organise a pivot or an orderly exit
ACCOventures relies on a set of proprietary tools and methodologies to incubate, accelerate and exit startup companies.
ACCOventures invests at seed stage in South African startups that match the following criteria:
- talented leadership
- strong revenue potential in South Africa
- tangible digital component
ACCOventures only invests in companies that fulfill the legal requirements to qualify as Investee companies for Venture Capital Companies, per SARS guidelines.
If you are interested in a potential investment into or alongside ACCOventures, contact us.