# P1 Ventures

> P1 Ventures is a VC fund backing Financial Services and Software. See 45 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 45
- Last investment: Apr 2026
- Lead investor: 29%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/p1-ventures
- Website: https://www.p1.ventures

P1 Ventures is a VC fund in San Francisco focused on Financial Services and Software. P1 Ventures works as a venture capital firm. They specialize in early-stage industrial technology firms in Africa.

## Contacts

5 contacts available for P1 Ventures. Shizune tracks 2 team members at P1 Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/p1-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.3M–$5M |
| Pre-Seed | $400k–$3M |
| Series B | $7.5M–$40M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 12 | 27% |
| Software | 11 | 24% |
| Payments | 8 | 18% |
| FinTech | 7 | 16% |
| Insurance | 5 | 11% |

43 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 20 | 44% |
| Pre-Seed | 6 | 13% |
| Series B | 4 | 9% |
| Series A | 3 | 7% |
| Funding Round | 2 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Egypt | 7 | 16% |
| Kenya | 5 | 11% |
| United States | 5 | 11% |
| Nigeria | 3 | 7% |
| France | 2 | 4% |

10 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Mikael Hajjar | Managing Partner & Co-Founder | 4 | https://shizune.co/investors/profile/mikael-hajjar |
| Benjamin Fernandes | Venture Partner | 3 | https://shizune.co/investors/profile/benjamin-fernandes |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Lua | Lua provides AI-powered virtual agents for sales, support, and bookings across channels like WhatsApp, Messenger, and email. | $5.8M | Seed | Apr 16, 2026 |  |
| Chari | Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans | $12M | Series A | Oct 15, 2025 |  |
| MoneyBadger | CryptoConvert offers solutions for businesses to accept cryptocurrency payments safely and simply. | $400K | Pre-Seed | Jul 15, 2025 |  |
| Better Auth | Better Auth provides tools for developers to simplify how developers manage user authentication. | $5M | Seed | Jun 24, 2025 |  |
| Salus Cloud | Salus Cloud is an AI-native platform for engineers to develop and manage security. | $3.7M | Seed | Jun 10, 2025 |  |
| PayTic | PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments. | $4M | Seed | Apr 08, 2025 |  |
| Raenest | Raenest helps African talents get paid in minutes by clients and businesses globally while saving costs on fees by automating their invoicing and using foreign bank accounts with cards to localise their payments | $11M | Series A | Feb 11, 2025 |  |
| Stakpak | Stakpak is a DevOps IDE powered by AI, helps software developers build and maintain production-ready infrastructure. | $500K | Pre-Seed | Jan 31, 2025 |  |
| Juicyway | Juice is a developer of a payment network platform for cross-border business payments for businesses and individuals. It facilitates financial transactions between parties regardless of location to allow enterprises to participate in international trade and the exchange of goods and services. | $3M | Pre-Seed | Dec 16, 2024 |  |
| MNZL | MNZL is on a mission to expand access to capital for Egyptians.Every person who owns an asset has accumulated wealth in it. When they want liquidity for their projects and needs, they should be able to tap into it as easily as withdrawing from a bank.With an innovative digital platform and products, we are working on making digital access tocapital a reality, and building the future of asset-backed financing in Africa. | $3.5M | Seed | May 08, 2024 |  |

10 of 45 investments shown.

## Co-investors
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 9 deals together
- [Launch Africa](https://shizune.co/investors/profile/launch-africa) — VC Fund, 7 deals together
- [Ingressive Capital](https://shizune.co/investors/profile/ingressive-capital) — VC Fund, 6 deals together
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund, 5 deals together
- [Middle East Venture Partners (MEVP)](https://shizune.co/investors/profile/mevp) — VC Fund, 5 deals together
- [Partech](https://shizune.co/investors/profile/partech) — VC Fund, 5 deals together

## Similar investors

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### Similar stage
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### Similar country
- [Launch Africa](https://shizune.co/investors/profile/launch-africa) — VC Fund
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## Featured in investor lists
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## FAQ

### What does P1 Ventures invest in?

P1 Ventures invests primarily in Financial Services, Software and Payments startups, most often at Seed and Pre-Seed stage. Most of the 45 investments tracked by Shizune back companies in Egypt. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is P1 Ventures's check size?

P1 Ventures typically joins rounds of $1.3M–$5M at Seed, $400k–$3M at Pre-Seed and $7.5M–$40M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds P1 Ventures participates in.

### How do I contact P1 Ventures?

Public channels for P1 Ventures include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at P1 Ventures?

The team at P1 Ventures includes Mikael Hajjar (Managing Partner & Co-Founder) and Benjamin Fernandes (Venture Partner). The Team section lists each member with their title, investment count and links.

### 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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