South African Startup Kandua Raises pre-Series A Funding Round

Kandua, a Johannesburg-based online marketplace for home services, has raised an undisclosed pre-Series A round of capital to help it extend its product offering and development. The investment came from a consortium of investors, including Knife Capital and Allan Gray E-Squared Ventures (AGEV).

Kandua connects homeowners with vetted, background-checked professionals for everything from little repairs to huge upgrades. It also assists independent contractors and small enterprises in establishing themselves and growing their operations by assisting them in finding new customers, giving them training opportunities, and providing them with a suite of simple-to-use tools such as a website, a quoting and invoicing app, and digital payments.