HASSLE FREE STARTUP INVESTMENT
Mlango Ventures we are on a mission to democratize angel impact investing by making it easier and hassle-free to investors from different backgrounds.BECOME AN INVESTOR
Would you like to invest a small amount of your capital to make a big impact on the ground?
Would you like to directly support and mentor the new-age entrepreneurs alongside your funding?
Would you like to meet & co-invest with like-minded investors across the globe?
Are you a sector expert that can lend your knowledge to enrich our deal selection process?
Mlango Ventures invest between TSH 500000 to TSH 50,000,000 in innovative, high-growth early-stage companies. To learn more about what we look for in a company & our shortlisting process, please refer here.
WHAT WE OFFER
QUALITY
We bring you access to the hottest, high quality curated startup deals in the country (pre-screened & shortlisted)
FULLY MANAGED
We manage the entire deal execution process for you including due diligence
EXCLUSIVITY
Invest alongside the country’s leading entrepreneurs, business leaders & investors
NETWORKING
Access to high quality events for networking as well as educational workshops
BETTER DEALS
Improved deal terms due to investing collectively with sector experts taking the lead
VIGILANCE
We also manage your portfolio with regular monitoring and reporting
OUR PROCESS
Our tried and tested selection process ensures you have the best deals presented to you.
Step 1: Showcase Event
A startup showcase event will be held every 6-12 weeks (depending on the deal flow) where the shortlisted companies will pitch to the investors with a 20-minute presentation, followed by Q&A.
A startup showcase event will be held every 6-12 weeks (depending on the deal flow) where the shortlisted companies will pitch to the investors with a 20-minute presentation, followed by Q&A.
Step 2: Expression of Interest
All members present will discuss each investment including their concerns. Interested angels may form a sub-group for each company.
All members present will discuss each investment including their concerns. Interested angels may form a sub-group for each company.
Step 3: Nominate a lead
Each subgroup will then nominate a lead who will lead all discussions on deal valuation, structure and closure with the entrepreneur – the network team & the lead investor will be the sole point of contact for the entrepreneur.
Each subgroup will then nominate a lead who will lead all discussions on deal valuation, structure and closure with the entrepreneur – the network team & the lead investor will be the sole point of contact for the entrepreneur.
Step 4: Decision to invest
Each subgroup member will then make a decision if they would like to invest in the given opportunity.
Each subgroup member will then make a decision if they would like to invest in the given opportunity.
Step 5: Deal execution & Board Seat
The network team will then work on executing the deal including due diligence. Once the investment decision has been made, the subgroup of investors will decide on who among them will represent the group on the board of the company – depending on their ability to mentor and guide the company and/or their sector expertise. Such a board member may receive stock options in the company by the entrepreneur.
The network team will then work on executing the deal including due diligence. Once the investment decision has been made, the subgroup of investors will decide on who among them will represent the group on the board of the company – depending on their ability to mentor and guide the company and/or their sector expertise. Such a board member may receive stock options in the company by the entrepreneur.
Step 6: Post investment monitoring support
The network will regularly monitor the progress of the portfolio companies and send the reports to the subgroup of investors. All members present will discuss each investment.
The network will regularly monitor the progress of the portfolio companies and send the reports to the subgroup of investors. All members present will discuss each investment.
Mlango ventures is an Angels and impact investor with a mission to elevate the country’s startup entrepreneurs to the highest level. It is an initiative for Mlango Financial Services bringing together leaders in the local entrepreneurial ecosystem who share a passion to create value and growth for the startups.
Mlango support startups in pitching, curate startups for showcasing to investors and provide support to complete the investment transactions, including due diligence and documentation.
Mlango support startups in pitching, curate startups for showcasing to investors and provide support to complete the investment transactions, including due diligence and documentation.
All individuals and institutions who have an interest in investing in early-stage ventures should join the ventures. As a member, you will have access to curated startups and an ability to invest and mentor them. The Mlango will comprise seasoned entrepreneurs, experienced professionals, institutional investors including venture capital funds and corporates, non-resident Bangladeshis interested in investing in the country and foreign institutions and investors who have an interest in investing in the Tanzanian entrepreneurial ecosystem.
Investors can
i. indicate their desire to become a Member of the Network through the website [www.mlango.co.tz] or by writing to Paschal.James@mlango.co.tz
ii. get referred by an existing member of Mlango
iii. The Mlango team will follow up with you to assess your interest, respond to your queries and approve your credentials before on-boarding you to the Network.
i. indicate their desire to become a Member of the Network through the website [www.mlango.co.tz] or by writing to Paschal.James@mlango.co.tz
ii. get referred by an existing member of Mlango
iii. The Mlango team will follow up with you to assess your interest, respond to your queries and approve your credentials before on-boarding you to the Network.
Mlango Ventures will conduct its own verification of credentials and identity before onboarding any Investor to the Network. We will seek your personal information (CV, designation, photo, contact details), investment preferences, sectors of expertise and your current portfolio.
While no minimum investment commitment is sought from members, as a broad guideline, it is expected that members will invest in the region of Tsh 1,000,000 per annum and more. You need to be aware of the risks involved with the investment commitment. It is suggested that you create a portfolio of investments over a period to diversify risks and maximize the potential return from the portfolio.
• In addition to showcasing startups on a regular basis, the network will conduct investor training seminars to help develop understanding of deals, the start-up landscape, investment strategy, deal evaluation, etc. The best way to learn, however, is to jump in and make investments. Investing through the Network will help you pool your financial, intellectual and social capital together.
• The first allows you to lower your potential risk. The second and third allows for a greater chance of the companies’ success and eventual exit. The network will also curate the best possible deals based on business barometers and terms to further minimize your risk. Other ways are to spread your investable assets in start-ups across several ones, rather than making single bets, and to spend time with these start-up founders and mentor them.
• The first allows you to lower your potential risk. The second and third allows for a greater chance of the companies’ success and eventual exit. The network will also curate the best possible deals based on business barometers and terms to further minimize your risk. Other ways are to spread your investable assets in start-ups across several ones, rather than making single bets, and to spend time with these start-up founders and mentor them.
The Network will charge an annual membership fee to pay for running of its operations. During the first year, the Members will be charged a discounted fee.
• We look for promising start-ups that are working to solve a clearly articulated problem for a large target market, with a strong and balanced team, that has or is working to develop a differentiated product or service with a clear competitive advantage. The Network will target investments in the range of TSH 500000 to TSH 50,000,000 to each business.
• Entrepreneurs will be selected from those that reach out to our ventures or who are referred by the Members or other partners of the Network. Mlango will seek to partner with all active ecosystem players including incubators, accelerators, venture funds and other global angel networks.
• The team will conduct an initial screening of the startups based on internal business barometers. It will conduct a deep dive assessment on a short-list of startups and present the pitches to the Network’s board and advisory committees, consisting of a panel of experienced angel investors. Selected startups will be invited to pitch to the Members in showcases, expected to be conducted every 2-3 months, depending on deal-flow.
• Entrepreneurs will be selected from those that reach out to our ventures or who are referred by the Members or other partners of the Network. Mlango will seek to partner with all active ecosystem players including incubators, accelerators, venture funds and other global angel networks.
• The team will conduct an initial screening of the startups based on internal business barometers. It will conduct a deep dive assessment on a short-list of startups and present the pitches to the Network’s board and advisory committees, consisting of a panel of experienced angel investors. Selected startups will be invited to pitch to the Members in showcases, expected to be conducted every 2-3 months, depending on deal-flow.
Each Member will be free to make his / her own investment decision on any opportunity. Members will discuss each investment opportunity at/after the showcases and seek additional information, if required. Mlango will then seek in-principal commitments from interested Investors, subject to completion of due diligence and documentation. Interested group of Members may nominate a ‘Lead’ member to lead discussions on valuation and transaction structure with the entrepreneur. A term-sheet will be executed between the Investors and the company on finalization of the terms.
Mlango will liaise with both entrepreneur and the Lead investing Members to help finalize the terms of the transaction. The Network team will thereafter support in coordinating the due diligence activities, structuring and legal documentation.
Mlango will provide standard documentation templates including term-sheets. The Network proposes to work with preferred accounting and legal firm partners for the transactions.
Mlango will provide standard documentation templates including term-sheets. The Network proposes to work with preferred accounting and legal firm partners for the transactions.
No, the investments by Members will be done directly into the startups. Syndicate/group of Members, who want to pool in their capital for investment, may do so through entities they organize.
Members are encouraged to contribute to the start-ups they invest in through their time, networks and guidance. The investing members may identify who is best qualified and placed to mentor and guide the company on strategy / operations. Such Member would typically be chosen to represent the Network Members in the board of the Company.