Nobuntu

Sandton, South Africa Founded: 2017 • Age: 9 yrs
Funeral insurance services are provided in South Africa.

About Nobuntu

Nobuntu is a Financial Services company based in Sandton (South Africa) founded in 2017. Funeral insurance services are provided in South Africa. Nobuntu has raised $50 thousand across 2 funding rounds from investors including Investec, Crossgate and DFS Lab. Nobuntu offers products and services including Temporary Recruitment, Contractual Recruitment, and Permanent Recruitment. Its focus areas include Insurance Carriers and Life. Its legal entity is Nobuntu Recruitment. Its competitors include Sanlam, MMI Holdings and Assupol.

Company details

Nobuntu was founded in 2017 and is headquartered in Sandton, South Africa. Operations focus on the funeral insurance sector, where policies are offered to cover end-of-life expenses for individuals and families. Services include customizable plans tailored to local needs, with coverage distributed through digital and traditional channels via the domain nobuntu.co.za. The firm serves the South African market, addressing cultural and economic requirements in bereavement planning.

  • Headquarters Sandton, South Africa
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website nobuntu.co.za
  • Social LinkedIn X Facebook
  • Legal Name Nobuntu Recruitment
Key Metrics
  • Total Equity Funding
    $50K (USD)

    in 2 rounds

  • Investors
    Investec

    & 2 more

Products & Services of Nobuntu

Nobuntu offers a comprehensive portfolio of products and services, including Temporary Recruitment, Contractual Recruitment, and Permanent Recruitment.

Temporary Recruitment
Staffing Services

Provides temporary staff for engineering and retail sectors

Contractual Recruitment
Staffing Services

Offers contract-based personnel for various industries

Permanent Recruitment
Staffing Services

Facilitates permanent hires in engineering and generalist fields

Funding Insights of Nobuntu

Nobuntu has successfully raised a total of $50K 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 $50,000
  • Total Rounds 2
  • First Round $50,000

    (Apr 2018)

  • Investors Count 3

All 2 funding rounds of Nobuntu with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2019Seed–Crossgate, Investec
–
Apr 2018$50,000Seed–DFS Lab
–
Valuation history

3 investors in total: 3 institutional.

Investors in Nobuntu

Nobuntu has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Investec, Crossgate and DFS Lab.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Startup accelerator focused on the Fintech sector
dfslab.netSeattle, United States
Payment card management and issuer processing solutions are provided.
2010crossgate.co.zaCape Town, South Africa
Global banking, investment, and wealth management services are offered worldwide.
1974investec.comLondon, United Kingdom
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Investor details for Nobuntu

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Timeline of Nobuntu

3 dated milestones of Nobuntu across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nobuntu is founded.
  2. Funding First funding round of $50K.
  3. Funding Latest funding round, Seed,.

Competitors of Nobuntu

Nobuntu has 3 listed competitors in our database. They include Sanlam, MMI Holdings and Assupol.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sanlam.com1918Bellville, South Africa16,628
Provider of life insurance services
mmiholdings.co.za2010Centurion, South Africa16,935
Life insurance carrier
assupol.co.za1913Pretoria, South Africa
Life insurance policies and services are provided in South Africa.
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Detailed competitors of Nobuntu

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Related news about Nobuntu

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Frequently Asked Questions about Nobuntu

Nobuntu was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Nobuntu is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.

Nobuntu is a funded company, having raised a total of $50K across 2 funding rounds to date. The company's 1st funding round was a Seed of $50K, raised on Apr 2018.

Nobuntu was founded in 2017 and is headquartered in Sandton, South Africa. Operations focus on the funeral insurance sector, where policies are offered to cover end-of-life expenses for individuals and families. Services include customizable plans tailored to local needs, with coverage distributed through digital and traditional channels via the domain nobuntu.co.za. The firm serves the South African market, addressing cultural and economic requirements in bereavement planning.

Nobuntu's top competitors include Sanlam, MMI Holdings and Assupol.

Nobuntu offers Temporary Recruitment, Contractual Recruitment, and Permanent Recruitment.

Nobuntu has 3 investors. Key investors include Investec, Crossgate, and DFS Lab.

Nobuntu operates through Nobuntu Recruitment.

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