What is Contactable?
Contactable specializes in automating the verification of customer credentials through its Integrated Identity Platform. This solution is crucial for businesses across financial services, telecommunications, and retail sectors, enabling them to enhance compliance and improve customer experience. By utilizing advanced biometric technologies for secure identity proofing, Contactable addresses the unique verification requirements of diverse industries, aiming to reduce friction in customer onboarding and support digital transformation initiatives.
How much funding has Contactable raised?
Contactable has raised a total of $13.5M across 1 funding round:
Unspecified
$13.5M
Unspecified (2025): $13.5M with participation from Ke Nako Capital, Mavovo Capital Proprietary, Venture Capitalworks, and Fireball Capital
Key Investors in Contactable
Ke Nako Capital
Ke Nako Capital is a South African fund-of-funds manager specializing in private equity, including mezzanine debt and growth capital, with a focus on mid-cap companies and inclusive economic growth.
Mavovo Capital Proprietary
Mavovo Capital is a multi-strategy fund focused on asset management and private markets, partnering with Capitalworks Group to identify investment opportunities for institutional investors.
Venture Capitalworks
Venture Capitalworks provides growth funding for innovative businesses in Financial Services, Healthcare, and Education, leveraging expertise from its parent company, Capitalworks, to support post-revenue companies.
What's next for Contactable?
The substantial enterprise-level funding indicates a strategic push for Contactable to scale its operations and further develop its biometric and digital identity solutions. This capital injection is expected to fuel expansion into new markets, enhance technological capabilities, and solidify its position as a leader in identity verification services within South Africa and potentially beyond. The company's trajectory suggests a focus on deepening its integration with key industries and leveraging its platform to meet the evolving demands for secure and efficient digital identity management.
See full Contactable company page
