Goodwell Investments is a pioneering impact investment firm providing equity to early-growth stage companies delivering essential goods and services to underserved populations in Africa and India. Since 2006, the firm has focused on financial inclusion, food and agriculture, and mobility and logistics through funds including uMunthu and uMunthu II.
Their most common stage is series-a (50% of deals). Average disclosed round size is $32.1M (across 8 rounds with reported amounts).
Portfolio
8
Fund Size
$154M
Top Stage
Series A
Last 12 Mo
0
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
8 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 OmniRetail | Series A | $20M | Apr 2025 |
 Copia Global | Series C | $20M | Dec 2023 |
 Onafriq | Series C | $100M | Nov 2021 |
| MMFS Africa | Series C | $100M | Nov 2021 |
 SparkMeter | Series A | $12M | Aug 2020 |
 Nomanini | Unknown | $1.5M | Jan 2019 |
| CChicoa Fish Farm | Series A | $1.5M | — |
| IInclusivity Solutions | Series A | $1.5M | — |
Top Co-Investors
LUN Partners Group2 shared
AfricInvest2 shared
CommerzVentures2 shared
Factor[e]1 shared
Foundation Capital1 shared
Aster Capital1 shared
Incite1 shared
Clean Energy Ventures1 shared
Powerhouse Ventures1 shared
The Schmidt Family Foundation1 shared
Breakthrough Energy Ventures1 shared
Alitheia Capital1 shared
Enza Capital1 shared
LGT Capital Partners1 shared
DEG1 shared
Endeavor1 shared
General Catalyst1 shared
Endeavor Harvest Fund1 shared
Form Ventures1 shared
Last updated: 8 September 2026