Dazzle Angels is the first

female focused

angels fund in South Africa

Our goal is to solve the radical gender inequality in early-stage investment management and deployment. We believe that 50% of early- stage funding should be managed by women, and invested into women owned or co-founded businesses.

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Dazzle Angels

Dazzle Angels is a female focused angel fund, that is led and funded by experienced business women. Our angels not only invest their money, but also invest their time, skills and networks, which is where the real value lies. All of our angels are successful entrepreneurs or experts in their field, are passionate about building early-stage businesses, leveraging their skills and networks to help our Zebras build the next generation of female led businesses. We are looking for great businesses - businesses that solve a real problem, have a business model and will be sustainable - and happen to be founded or co-founded by at least one women, because we know (and stats show) that’s just better business. Our businesses seek to be Zebras* not unicorns, and equality for and empowering women is an integral part of their culture and DNA.

We want to be pioneers in the ways in which our future and economy can grow, by not only joining forces, but also in the way we encourage and uplift each other. Together, we can close the gender and diversity gap in entrepreneurship and venture funding.

Dazzle - a group of Zebras

We don’t want Unicorns, and we don’t believe that is what South Africa or Africa needs. We don’t want only one business in our portfolio to be a one hit wonder, but would rather have a whole group of great businesses, that are efficient, sustainable and display reliable growth in our portfolio. These zebras, in a collective form, are known as a dazzle. Our mission is ultimately to connect our Angels with a dazzle of sustainable, inclusive and community focused zebras which they can actively work with.

Why zebras?

  • Zebras are real, unicorns are mythical
  • Zebras are also mutualistic: by banding together in groups, they protect and preserve one another. Their individual input results in stronger collective output.
  • Zebra companies are both black and white: they are profitable and improve society. They won’t sacrifice one for the other.
  • Zebra companies are built with peerless stamina and capital efficiency, as long as conditions allow them to survive.

Reference: https://medium.com/@sexandstartups/zebrasfix-c467e55f9d96

Our Mission

Generate inclusive funding for early-stage, women led and women empowering businesses.

Our Vision

By women, for women, empowering women.

What does success look like?

A vibrant community of female angel investors in South Africa. More female founded businesses that are being funded at early stage. We are looking for financial success; to improve society and to close the gender gap in the investment space. Ultimately we would like to see the women that we invest in, become investors in their own right.

Get in touch

Get in touch if you are a woman in Africa with a growing business and you need to connect to other like-minded businesses or if you simply want to be part of Africa’s biggest network of female entrepreneurs.
1st Floor Atholl Square
Wierda Road East
Sandton, ZA

Sign up as an Angel

We are currently not actively looking for more Angel Investors, however we are always keen to collaborate . If you'd like to collaborate, please drop us an email at info@dazzleangels.com.

Sign up as a Zebra

To apply to be a Zebra you need to meet the basic criteria:

  • Registered South African company
  • At least one female founder
  • Seeking early stage funding i.e. not more than R 300 000
  • Strong preference for tech-enabled businesses and / or defensible IP
  • Ability to scale 
  • A clear business model, and clear target market

Zebra applicants should complete the Dazzle Application form and attach a pitch deck / summary in line with this two page summary  guideline. For any queries, email info@dazzleangels.com.