TLcom Capital Leads US$3.5 Million Series A Round for mSurvey (Sub-Saharan Africa)

Source(s): Venture Burn | Author(s): Daniel Mpala

Telecom, media and technology-focused venture capital fund manager TLcom Capital has led a US$3.5 million Series A funding round for Kenya-based consumer research company mSurvey. Additional participants in the round include technology-focused impact investment firms Social Capital and Kapor Capital, Africa-focused impact investment holding company Golden Palm and Net Promoter Score co-founder Richard Owen. mSurvey, which recently opened offices in Nigeria, intends to utilize the funds to enter the South African market.