Flourish Ventures, an early-stage global fintech venture capital firm with purpose, has announced the launch of a first-of-its kind research effort named The African Founder Well-being Survey.
About Flourish
Flourish invests in mission-driven entrepreneurs and industry influencers working toward a fair financial system.
With $850M in patient capital under management, the early stage venture capital firm’s global portfolio includes leading fintechs such as Chime, Fair Money, Flutterwave, GrabFinancial, Heru, Hummingbird, Kin Insurance, M2P, Neon, and ShopUp, among other high-growth companies.
Flourish brings together networks of policy innovators, trailblazers and industry experts to influence and create systemic change. https://flourishventures.com/.
African Founder Well – being Survey
In collaboration with local ecosystem partners and research partner Startup Snapshot, Flourish is surveying VC-backed founders in Egypt, Kenya, and Nigeria.
The survey is to uncover the unique challenges African tech founders face and to raise awareness and support for their needs.
Describing the mission, Efayomi Carr, Flourish investment principal, said ;
“They’re going after the impossible. Almost all venture-backed African tech founders are dealing with high stress levels and the potential for burnout, especially given the dramatic economic downturns taking place,”
“It’s time to gather primary research on what’s impacting founders most so that investors and ecosystem partners can provide better support and more resources during entrepreneurial journeys.” He added.
An overlooked topic for research in Africa, founder well-being plays a crucial role in business and personal success.
Flourish is pioneering this crucial study in collaboration with research partner Startup Snapshot to elevate the narrative around founder well-being and performance.
Input from tech entrepreneurs in Egypt, Kenya and Nigeria will;
- bring Africa into global discussions on well-being.
- pave the way for better local support systems and
- provide a template for a more holistic approach to nurturing the African tech ecosystem.
The African Founder Well-being Survey is a follow up to a Flourish 2023 founder survey.
Flourish conducted the founders survey in Brazil with Endeavour, a global network of entrepreneurs.
How To Participate
VC-backed founders in Egypt, Kenya and Nigeria can participate by completing this brief survey here.
All survey respondents will remain anonymous. Sharing experiences can shed light on the critical challenges founders face and pave the way for positive change.
