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Asset/Investment Management
futuregrowth.co.za

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Investments

7

Partners & Customers

1

About Futuregrowth Asset Management

Futuregrowth manages around R170 billion of assets. It is a specialist investment company which manages the full range of interest bearing and developmental investments in an ethical and sustainable way.

Futuregrowth Asset Management Headquarter Location

3rd Floor Great Westerford Building 240 Main Road

Rondesbosch, 7700,

South Africa

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Latest Futuregrowth Asset Management News

MarTech Startup Mobiz Raises $4 Million to Expand Personalized SMS Marketing

Nov 23, 2021

Share Mobiz , a start-up that dynamically integrates hyper-personalization into mobile marketing, announces a raise of $4 million in its pre-series A funding round. With lead investments from HAVAÍC and Futuregrowth Asset Management, and participation from Launch Africa, Allan Gray E-Squared Ventures, CapaciTech, and Endeavor’s Harvest Fund. The newly raised capital will allow South African-founded Mobiz to bring its self-service product to the U.S. In its home market, the company won leading brands including Experian, Hisense, MultiChoice, and New Balance, helping them implement high-impact, personalized, mobile marketing programs at scale. The U.S. market for SMS is projected to reach $12.5 billion dollars by 2025 according to Grandview Research and is expected to register a CAGR of 20.3% from 2019 to 2025. This projected growth of SMS marketing combined with data-led personalization, puts the Mobiz product in a prime position to supercharge mobile marketing for businesses of all sizes. Mobiz’ Unique Approach to SMS Marketing Related Posts “With an easy-to-use marketing platform, anyone at any skill level can build and send professional and impactful digital marketing campaigns to thousands of customers in a few clicks.” Says Amrish Narrandes, Head of Unlisted Equity Transactions at Futuregrowth. Through hyper-personalized mobile landing pages delivered by SMS, Mobiz allows businesses to leverage first-party customer data and dynamically display highly relevant content such as product recommendations, customer-unique discounts and deals, and billing. This dynamic and instant customization improves conversions, results, sales, and engagement rates. “Effective use of first-party data is a key element that sets marketing campaigns apart, opening countless personalization and retargeting opportunities that lead to more effective campaigns and results.” Said  Greg Chen  Mobiz founder and CEO. Mobiz has been recognized both in Africa and around the world. In April 2021, Mobiz was featured as a marketing technology start-up to watch by Baobab Insights, a platform focused on Africa’s Venture Capital Markets. Mobiz also participated in a leading Silicon Valley B2B accelerator, The Alchemist Accelerator, an acclaimed program rated as one of the best start-up accelerators by Forbes. “We now have the opportunity to expand further and evolve our business model on a global scale while continuing to build a product that addresses real customer needs,” said Chen.

Futuregrowth Asset Management Investments

7 Investments

Futuregrowth Asset Management has made 7 investments. Their latest investment was in Mobiz as part of their Seed VC - III on November 11, 2021.

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Futuregrowth Asset Management Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/9/2021

Seed VC - III

Mobiz

$4M

Yes

3

3/29/2021

Series A

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$99M

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10

2/13/2021

Series A - II

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$99M

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10

7/16/2020

Series C

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$99M

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10

6/11/2020

Unattributed

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$99M

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10

Date

11/9/2021

3/29/2021

2/13/2021

7/16/2020

6/11/2020

Round

Seed VC - III

Series A

Series A - II

Series C

Unattributed

Company

Mobiz

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Amount

$4M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

3

10

10

10

10

Futuregrowth Asset Management Acquisitions

1 Acquisition

Futuregrowth Asset Management acquired 1 company. Their latest acquisition was Thebe Tourism Group on January 28, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/28/2021

Corporate Majority

4

Date

1/28/2021

Investment Stage

Companies

Valuation

Total Funding

Note

Corporate Majority

Sources

4

Futuregrowth Asset Management Partners & Customers

1 Partners and customers

Futuregrowth Asset Management has 1 strategic partners and customers. Futuregrowth Asset Management recently partnered with Confluence on April 4, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

4/20/2021

Licensor

Confluence

United States

Futuregrowth Asset Management Expands Strategic Relationship with Confluence

`` The partnership with Delta has provided us with a robust platform to deliver multiple daily valuations for instruments , utilizing market data to generate curves and fixed interest valuations , in a systematic automated fashion , '' said Barron Africa , Chief Operating Officer at Futuregrowth Asset Management .

1

Date

4/20/2021

Type

Licensor

Business Partner

Confluence

Country

United States

News Snippet

Futuregrowth Asset Management Expands Strategic Relationship with Confluence

`` The partnership with Delta has provided us with a robust platform to deliver multiple daily valuations for instruments , utilizing market data to generate curves and fixed interest valuations , in a systematic automated fashion , '' said Barron Africa , Chief Operating Officer at Futuregrowth Asset Management .

Sources

1

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