Tritech Global

Tritech Global is a technology investment holding company based in Johannesburg, South Africa. The firm focuses on identifying scalable businesses underpinned by patented or proprietary technology that address significant market needs. Tritech Global's investment philosophy emphasizes the importance of a substantial market need, unique technology, first-mover advantage, scalability, and access to data. The company prefers minority stakes and typically avoids investing in start-ups, favoring co-investment with management teams that hold significant stakes. Additionally, co-investment with other equity partners is considered preferable to manage risk. Tritech Global has its roots in South Africa, an extremely favorable low-cost jurisdiction to develop technology businesses and scale such businesses internationally. In line with its current strategy, the company will continue to pursue opportunities in South Africa.

Tritech Global has made two investments to date. The latest investment was in GoMetro, a transportation and travel app company, as part of their Series A funding round on November 29, 2023. The investment amount was $11.4 million. The firm has a follow-on index of 0.50, indicating a balanced approach between initial and subsequent investments in portfolio companies. The average round size for their investments is $6 million.

The company's investment approach is guided by five key principles: a significant market need, patented or unique technology, first-mover advantage or limited competition, the ability to scale quickly and inexpensively, and access to data. While achieving all five principles in a single opportunity is rare, the most critical are considered to be the market need, first-mover advantage, and scalability. Tritech Global's investment strategy also includes a preference for minority stakes, avoidance of start-ups, and co-investment with management teams and other equity partners to mitigate risk. As a privately owned company, there are no prescribed deadlines for exits, allowing for a flexible investment horizon.

Tritech Global's roots in South Africa provide a favorable environment for developing and scaling technology businesses internationally. The company continues to pursue opportunities within South Africa, leveraging the country's low-cost jurisdiction to foster growth and expansion. This strategic focus aligns with Tritech Global's commitment to supporting innovative technology ventures that address significant market needs and have the potential for substantial impact.