Research and startup support: Here’s how Consonance is differentiating itself in African VC
- Consonance backs startups from pre-seed through Series A, with an average cheque size of around $500,000.
- The firm has recorded five exits, including three full and two partial exits.
- Consonance employs a three-pronged strategy: early-stage equity bets, a venture studio, and debt financing.
Consonance's approach to venture capital, which combines rigorous research with hands-on support for startups, positions it uniquely in the competitive landscape of African VC. Their focus on foundational prosperity and scalable business models reflects a deep understanding of the local market dynamics, which could serve as a model for other firms looking to invest in emerging markets.
