How to apply to LeapFrog Investments as an African founder

TL;DR

LeapFrog Investments invests in Fintech, Healthtech, and Climate companies at Growth, writes cheques of $30M -- $70M (growth equity and PE scale), and takes applications through a form on their website.

Who LeapFrog Investments is

LeapFrog Investments is a Africa and Asia investor headquartered in Mauritius/Singapore, with offices in Johannesburg, Nairobi, Lagos, London. Its stated focus is Fintech, Healthtech, and Climate. The thesis, in the fund's own words: Profit with Purpose -- scaling extraordinary companies in Africa and Asia that reach underserved consumers with essential financial services, healthcare, and climate solutions.

On the ground, LeapFrog Investments operates as a Growth investor with an Africa focus described as "approximately 40% of capital directed to Africa (South Africa, Nigeria, Kenya, Ghana, Pan-African)". The fund's founder and ceo is Andrew Kuper, alongside Gary Herbert (Partner and COO) and Dominic Barton (Chairman).

What they invest in

Stages: Growth
Sectors: Fintech, Healthtech, and Climate
Cheque size: $30M -- $70M (growth equity and PE scale)
Geography focus: Africa and Asia / Yes -- approximately 40% of capital directed to Africa (South Africa, Nigeria, Kenya, Ghana, Pan-African)

How to apply

LeapFrog Investments takes applications through a form on https://leapfroginvest.com/. The apply field in their Trampoline entry describes it as "Contact via the website or warm introductions through the LP network and portfolio companies.". Go to the site, find the apply or contact path, and submit through that channel rather than emailing partners cold, since a fund that has built a form generally routes everything through it first.

Portfolio pattern

LeapFrog Investments's portfolio, as listed in their Trampoline fund page, includes:

Moniepoint (Nigeria): Financial services and payments platform, Series C ($90M)
Interswitch (Nigeria): Payment infrastructure and switching platform, Growth ($110M)
JUMO (South Africa): AI-powered financial services platform, Growth ($55M)
Sun King / Greenlight Planet (Pan-African): Pay-as-you-go solar home systems, Series D ($70M)
AllLife (South Africa): Life insurance for HIV-positive and diabetic consumers, Growth

That spread gives you a sense of what a real check from LeapFrog Investments has funded, not just what the thesis claims it funds.

Before you apply

Have these ready before you reach out:

Deck: Check your readiness first so you know where the gaps are
Metrics dashboard: Set up your metrics dashboard so you can show real traction, not slides
Cap table
A one-line description of what your company does

FAQ

Does LeapFrog Investments invest in Fintech?

Yes. Fintech is listed among LeapFrog Investments's stated sector focus areas.

What stage does LeapFrog Investments typically write cheques at?

LeapFrog Investments invests at Growth, with cheque sizes of $30M -- $70M (growth equity and PE scale).

Do you need a warm intro to apply to LeapFrog Investments?

No. LeapFrog Investments takes applications through a form on their website, so a warm intro is not required to apply, though it can still help your submission stand out.

Does LeapFrog Investments invest outside Africa and Asia?

LeapFrog Investments's Africa focus is described as "approximately 40% of capital directed to Africa (South Africa, Nigeria, Kenya, Ghana, Pan-African)". Check the full fund profile for the exact geographic boundaries before you apply.

Is LeapFrog Investments a remote or in-person fund?

LeapFrog Investments's format is listed as Hybrid.