# Ken Njoroge

> Ken Njoroge is a pre-seed investor in Nairobi backing Software, Billing and FinTech. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Location: Nairobi, Kenya
- Total investments: 5
- Last investment: Sep 2024
- Lead investor: 20%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/ken-njoroge-48bb46

Ken Njoroge is a pre-seed investor in Nairobi focused on Software and Billing. Ken is a co-founder and the group CEO of Cellulant. A mobile commerce evangelist and career entrepreneur, Ken previously served as co-founder and Solution Design Director of 3Mice Interactive Media. The company grew from a two-man team to a leading web development firm in East Africa. 3Mice was later acquired by Africa Online- the largestPan-African Internet Service Provider.Ken is unwavering in his pursuit of seeing Cellulant achieve its mission of building a world class, values-driven $1B business for Africa, by Africans, in Africa. Ken has led the company from an idea sketched on a serviette in 2003 with his co-founder Bolaji Akinboro, to a reputable payments company in Africa. Cellulant currently has more than 300 employees across 11 markets; servicing 34 countries in Africa. Over the past couple of years, Ken has invested time in training and advising the next generation of entrepreneurs, and contributing to the growth of the entrepreneurship ecosystem in Africa. In recognition of this, in 2017, Ken was selected as the first Sub-Saharan and Kenyan Global Endeavor Entrepreneur for his commitment to advancing an ecosystem of entrepreneurship in Africa.

## Round sizes

| Stage | Round size |
| --- | --- |
| Pre-Seed | $1.2M–$3M |
| Convertible Note | $20M–$20M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 40% |
| Billing | 1 | 20% |
| FinTech | 1 | 20% |
| Web Development | 1 | 20% |
| Financial Services | 1 | 20% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 2 | 40% |
| Series A | 1 | 20% |
| Convertible Note | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Kenya | 2 | 40% |
| United States | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Chpter | Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business. | $1.2M | Pre-Seed | Sep 02, 2024 |  |
| MarketForce | MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently,access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform. | $20M | Convertible Note | Jan 22, 2023 |  |
| MarketForce | MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently,access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform. | $20M | Convertible Note | Jan 22, 2023 |  |
| Leta | Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods. | $3M | Pre-Seed | Nov 22, 2022 |  |
| MarketForce | MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently,access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform. | $40M | Series A | Feb 21, 2022 |  |

5 of 5 investments shown.

## Co-investors
- [Future Africa](https://shizune.co/investors/profile/future-africa) — VC Fund, 3 deals together
- [Orbit Ventures](https://shizune.co/investors/profile/orbit-startups) — VC Fund, 3 deals together
- [Reflect Ventures](https://shizune.co/investors/profile/reflect-ventures) — VC Fund, 3 deals together
- [Remapped Ventures](https://shizune.co/investors/profile/remapped-ventures) — VC Fund, 3 deals together
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund, 3 deals together
- [TEN13](https://shizune.co/investors/profile/ten13) — VC Fund, 3 deals together

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## FAQ

### What does Ken Njoroge invest in?

Ken Njoroge invests primarily in Software, Billing and FinTech startups, most often at Pre-Seed and Series A stage. Most of the 5 investments tracked by Shizune back companies in Kenya. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ken Njoroge's check size?

Ken Njoroge typically joins rounds of $1.2M–$3M at Pre-Seed and $20M–$20M at Convertible Note. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ken Njoroge participates in.

### When did Ken Njoroge last invest?

The most recent investment recorded for Ken Njoroge closed in Sep 2024. Shizune tracks 5 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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