About IXAfrica
IXAfrica is a company based in Nairobi (Kenya) founded in 2020 was acquired by Helios in November 2022.. IXAfrica has raised $50 million across 2 funding rounds from investors including Rand Merchant Bank and Helios Investment Partners. IXAfrica offers products and services including Colocation Services, Connectivity Options, Migration Services, Remote Hands and Eyes, and Bespoke Data Halls. IXAfrica operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Nairobi, Kenya
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Rand Merchant Bank
& 1 more
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Employee Count
Employee Count
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Acquired by
Helios
(Nov 21, 2022)
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Products & Services of IXAfrica
IXAfrica offers a comprehensive portfolio of products and services, including Colocation Services, Connectivity Options, Migration Services, Remote Hands and Eyes, and Bespoke Data Halls. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides secure rack space for servers and equipment.
Offers various network connections for data centres.
Assists with data and system migrations to facilities.
Provides on-site technical assistance remotely.
Delivers tailored data hall solutions for clients.
Offers flexible workspaces in data centre environment.
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Funding Insights of IXAfrica
IXAfrica has successfully raised a total of $50M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(08 Nov 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Debt – Conventional - IXAfrica | Valuation |
investors |
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| Nov, 2022 | Amount | Series C - IXAfrica | Valuation | Helios |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in IXAfrica
IXAfrica has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Rand Merchant Bank and Helios Investment Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are managed across multiple sectors by Helios.
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Founded Year | Domain | Location | |
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Corporate advisory services are offered across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by IXAfrica
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - IXAfrica
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ixafrica Comparisons
Competitors of IXAfrica
IXAfrica operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ixafrica
Frequently Asked Questions about IXAfrica
When was IXAfrica founded?
IXAfrica was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is IXAfrica located?
IXAfrica is headquartered in Nairobi, Kenya.
Is IXAfrica a funded company?
IXAfrica is a funded company, having raised a total of $50M across 2 funding rounds to date. The company's 1st funding round was a Series C of $50M, raised on Nov 08, 2022.
What does IXAfrica do?
IXAfrica was founded in 2020 and is based in Nairobi, Kenya. Data center operations, including colocation and connectivity, are managed alongside cloud computing solutions. Services are targeted at businesses requiring reliable digital infrastructure in the telecommunications and IT sectors. Coverage extends across East Africa, with a focus on supporting regional data needs and scalability.
Who are the top competitors of IXAfrica?
IXAfrica's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does IXAfrica offer?
IXAfrica offers Colocation Services, Connectivity Options, Migration Services, Remote Hands and Eyes, and 2 more products and services.
Who are IXAfrica's investors?
IXAfrica has 2 investors. Key investors include Rand Merchant Bank, and Helios Investment Partners.
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