What is Contactable?
Contactable specializes in streamlining digital identity, onboarding, and Know Your Customer (KYC) processes through its Integrated Identity Platform. The company automates the verification of customer credentials, serving sectors such as financial services, telecommunications, and retail. By leveraging advanced biometric technologies for secure identity proofing, Contactable aims to enhance compliance and customer experience, supporting organizations in their digital transformation initiatives and reducing friction in customer onboarding.
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 Venture Capitalworks, Fireball Capital, Mavovo Capital Proprietary, and Ke Nako Capital
Key Investors in Contactable
Venture Capitalworks
Venture Capitalworks, with roots in Capitalworks, focuses on providing growth capital to post-revenue companies in financial services, healthcare, and education that have achieved product-market fit and are poised for significant expansion.
Fireball Capital
Fireball Capital partners with South African fund managers and institutional investors, investing in innovative fintech, healthcare, edtech, and data platforms to help scale businesses internationally and amplify the local innovation economy.
Mavovo Capital Proprietary
Mavovo Capital, in collaboration with Capitalworks Group, is a multi-strategy fund specializing in asset management and private markets, aiming to deliver risk-adjusted returns for institutional investors through alternative strategies.
What's next for Contactable?
The substantial enterprise-level funding and recent strategic investment signal a strong market validation for Contactable's biometric and digital identity solutions. This capital injection is expected to fuel further development of its platform, expansion into new markets, and enhancement of its compliance and customer experience offerings. The company is well-positioned to capitalize on the increasing demand for secure and efficient digital identity verification, potentially solidifying its leadership in the South African market and beyond.
See full Contactable company page
