*Data updated daily at 18:00 EAT
Cape Town headquartered Venture Capital (VC) firm HAVAÍC has led an R10 million (USD 560 K) investment round in RNR (Right Now Response). The VC firm’s R9.2 million (USD 515 K) investment makes up the lion’s share of the round in partnership with Capacitech. Acting as the company’s first institutional investor, HAVAÍC is expected to play a key strategic role, supporting the founders to optimize RNR’s growth.
RNR is an on-demand breakdown management and analytics platform, which uses technology to match supply with demand. The company provides truck fleet managers and truck OEMs (Original Equipment Manufacturers) with breakdown support via its nationwide network of vetted mechanics, electricians, and repair centers.