
Untapped Global is a data-driven asset-financing and revenue-based financing platform serving tech-enabled, capital-intensive businesses in emerging markets, primarily across Africa. Through its Smart Asset Financing model, Untapped finances productive assets (such as electric motorcycles, solar systems, smart irrigation, and other IoT-connected equipment) and uses real-time data and payment integration to track asset usage and revenue, enabling faster due diligence and capital deployment. Financing options include revenue-share structures where repayments are tied to a fixed percentage of asset-generated revenue. The company connects global investors to high-growth businesses addressing the SME 'missing middle' funding gap, with a focus on sectors such as clean water, solar energy, e-mobility, and inclusive fintech.
Untapped has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2020
Employees
11–50
Total Funding
$28.5M
2 rounds
Latest Valuation
$0.4B
May 25, 2021
Total raised $28.5M across 2 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series B
Date
May 25, 2021
Amount
$20M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 25, 2021 | Series B | $20M | — | Kleiner Perkins |
| December 18, 2019 | Series A | $8.5M | — | Sequoia Capital |
Jim Chu
Founder & Chief Executive Officer
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