# Abel Boreto

> Abel Boreto is a Series B investor at Novastar Ventures (Nairobi) backing Software and Analytics. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Novastar Ventures](https://shizune.co/investors/profile/novastar-ventures)
- Location: Nairobi, Kenya
- Total investments: 1
- Last investment: Aug 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/abel-boreto-1821241a

Abel Boreto is a Series B investor at Novastar Ventures in Nairobi focused on Software and Analytics. Abel Boreto is the Associate Investment Director of Novastar Ventures. He is a former Board Observer of Ignitia. He attended Harvard University and the Massachusetts Institute of Technology.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 1 | 100% |
| Analytics | 1 | 100% |
| Logistics | 1 | 100% |
| Agriculture | 1 | 100% |
| Packaging Services | 1 | 100% |

7 industries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| iProcure | iProcure is a Nairobi-based start-up working to optimize the agriculture input supply chain in rural Kenya. iProcure’s web and mobile technology solution improves agriculture retailers’ operations. It lets them manage ordering based on inventory, point of sale activities, and client profiles along with geo-located purchasing patterns, real-timeagent performance and transaction analysis, and built-in mobile payments. As a result, retailers can better predict demand with business intelligence data, improve inventory management, and streamline distribution efficiency. | $9M | Series B | Aug 18, 2022 |  |

1 of 1 investments shown.

## Co-investors
- [British International Investment](https://shizune.co/investors/profile/british-international-investment) — VC Fund, 1 deal together
- [British International Investment](https://shizune.co/investors/profile/cdc-group) — VC Fund, 1 deal together
- [Ceniarth](https://shizune.co/investors/profile/ceniarth-2) — VC Fund, 1 deal together
- [Investisseurs & Partenaires](https://shizune.co/investors/profile/investisseurs-and-partenaires) — VC Fund, 1 deal together

## About Novastar Ventures

VC Fund · Nairobi, Kenya

Novastar is a venture catalyst firm assisting the next generation of exceptional entrepreneurs who are designing and executing innovative business models to profitably serve East Africa’s aspiring mass market.These ‘New Stars’ are the catalysts for innovation, accountability, efficiency and the accumulation of wealth for the common good.While they are managing a pool of capital, they do not think of their selves primarily as fund managers. The fun and focus of their work is partnering with entrepreneurs to help bring ideas to life and multiply their impact.

5 contacts available at Novastar Ventures.

| Name | Title | Profile |
| --- | --- | --- |
| Abel Boreto | Associate Investment Director | https://shizune.co/investors/profile/abel-boreto-19c6 |
| Andrew Carruthers | Co-Founder & Managing Partner | https://shizune.co/investors/profile/andrew-carruthers |
| Nghi Tran | In-House Counsel | https://shizune.co/investors/profile/nghi-tran |
| Oluwatoyin Emmanuel-Olubake | Investment Director | https://shizune.co/investors/profile/oluwatoyin-emmanuel-olubake-fd4d |
| Steve Beck | Co-Founder and Managing Director | https://shizune.co/investors/profile/steve-beck-3 |

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- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does Abel Boreto invest in?

Abel Boreto invests primarily in Software, Analytics and Logistics startups, most often at Series B stage. Most of the 1 investments tracked by Shizune back companies in Kenya. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Abel Boreto last invest?

The most recent investment recorded for Abel Boreto closed in Aug 2022. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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