Hlayisani's investment philosophy is focused on the acquisition of either significant minority or majority ownership stakes in market-leading organisations, growth businesses and high potential young revenue generating venture businesses.

The fund will seek to invest in companies with the following criteria:

- Innovative business model with proven technologies that are scalable;
- Companies led by a strong management team with operating experience;
- Potential market leader / significant player in target sector and region;
- Large market opportunity;
- Companies in growth or expansion stage (post revenue to profitable businesses) with a Southern African and East African focus and beyond;
- Business models that demonstrate significant social economic impact without compromising profitability;
- Consider businesses where empowerment will be a competitive advantage;
- Identifiable exit opportunities.

Investment size:

R10m - R100m investment size

Investment start:

Investing is expected to begin in Q3 of 2018.


If you feel your business matches our mandate and the investment timelines are suitable, we encourage you to complete our application form below:
What is the name of your business? *

Can you explain {{answer_7846237}} in a tweet? *

Please pitch your company as succinctly as possible.
What is your name? *

How did you hear about us? *

When did you start your business? *

Please provide Month and Year.
What is your company's stage of development? *

If you have a website, please provide the URL so we can have a look

Does your business have a mobile app? *

What is {{answer_7846237}}'s primary location? *

In which city in South Africa are you located?

You provide a.... *

How many shareholders do you currently have? *

How many founders does your business have? *

This is the number of people who where involved in the creation of the company and are still involved in managing the company.
How many years of experience does your team have in the {{answer_7846275}} sector? *

Please add in the cumulative years.
Who are the members of your management team and what experience do they have that will aid in your success? *

How many employees does {{answer_7846237}} currently have? *

Please exclude the management team.
What customer problem does your product/service solve? *

What solution does {{answer_7846237}} provide? *

Describe your product and/or service and detail the key customer benefits.
What is your traction to date? *

The extent to which your product, business, etc., has gained popularity or acceptance in the market place. E.g. Number of users, customers, etc. to date. Please provide current revenue numbers where possible.

Not sure what we mean? Please read https://www.fundable.com/learn/resources/guides/startup-guide/traction-social-proof.
We are going to ask you a bit more about your market & go-to market strategy. Please be as specific possible.

What is your target market? *

Please detail the geographic, demographic and psychographic characteristics that define your target market.
What is your revenue model? *

In other words, how do you (plan to) generate revenues.
What is your customer acquisition and retention strategy? How will you promote, sell and create customer loyalty for your market offering? *

What is your outlook on the market? *

Describe how the market your company (will) operate(s) in will evolve over the next 5 to 10 years.
How competitive is this market? *

Name at least three significant competitive threats/companies.
What are the differentiating factors that sets your venture apart from the other market participants? *

In order to get a better understanding of your business, we have a few questions about your (future) revenues & costs.

What was your last years total annual turnover (in ZAR)?

What was your last years EBITDA (in ZAR)?

At the current rate, what will be your annual turnover (in ZAR)? *

What is your current monthly burn? (in ZAR) *

In other words, how much cash are you spending every month to stay in business?
Please upload your 5 year financial forecast (in .xls format)

Please ensure you have included the following:
1) Historical financials (min. last 2 years) if applicable
2) Free cash flow forecast on a yearly basis for the following 5 years

If you experience technical difficulties, please email the document to: apply@angelhub.co.za
Finally, we have come to the last chapter. A few final questions around your proposed deal terms.

Why do you want funding? *

What is {{answer_7846237}}'s stage of financing? *

Your stage should reflect your funding history.

Have you received funding before? *

How much funding have you received and what are the terms? (e.g. equity %, loan, grant or other)

Please note in ZAR
How much capital is {{answer_7846237}} looking to raise in this funding round? *

Please note in ZAR
How much equity are you prepared to offer in this round of funding? *

Expressed as a percentage of the total equity of the company.
What is your company worth today without any funding? *

Please note your pre-money valuation in ZAR. I.e. if you are seeking R1m and you feel that your company is worth R5m, your pre-money valuation is R4m (R 5m - 1m = R4m).
What are the key milestones that need to be achieved with this investment in what time frame? *

What will you be using the funding for? *

Other than funding, what are the key functions you hope to gain from AngelHub Ventures? *

Please upload any additional documentation you would like to share with us.

Thank you for your application!

Your information will be reviewed by a member of the AngelHub Ventures team and you should receive feedback within the next 7 days.
Unfortunately, we do not invest in the concept stage of a business (i.e. we invest in businesses with customer traction). For more information on our investment mandate please visit our website.
You are welcome to re-apply when your business is off the ground.

We wish you all the best with your venture.
I understand, please direct me to AHV's website