Unicorns

To-date, we have minted five unicorns at Seed, Series A and Series B across AAF I and AAF II. These $1B companies are in the fintech, digital health, enterprise software sectors. In addition, we are exposed to an additional 70+ unicorns in our fund-of-funds portfolio.

AAF I

AAF II

FOF I

Axis

Unicorns

Exits

AAF Minted Unicorns

Current

Drata

Flutterwave

Hello Heart

Jasper

FoF Unicorns

Altana

Aetherflux

Andela

Asapp

Base

Blend

BharatPe

CIDER

Crowdstrike

Commure

CUE

Deel

Decagon

Epic Games

Figure

Figment

FiscalNote

Fundbox

Forter

Genies

Habi

Justo

Manscaped

Mark43

Mercury

Misfits Market

Modern Treasury

Misfits Market

M1 Finance

Nothing

Qualia

Pattern

Ramp

Rappi

Retool

Robinhood

Savage Fenty

Snapdocs

Sondermind

StockX

TravelPerk

OneFootball

Uniphore

Verkada

AAF Management Ltd.

AAF Management Ltd. (AAF) is a leading early stage venture capital firm focused on Pre-Seed, Seed and Series A stage technology companies in North America as well as global emerging managers.

Washington D.C | Abu Dhabi

Current

http://www.current.com

Current is a financial technology company that provides collaborative banking solutions, starting with a smart debit card and app for parents to provide better financial education for their kids. It was founded in 2015 and is headquartered in New York.

Drata

https://drata.com/

Operating in Stealth Mode

FlutterWave

http://www.flutterwave.com

1 API for ACH, card and mobile money payments

Hello Heart

http://www.helloheart.com Hello Heart for Health Plans is a wellness program that helps reduce health care costs using the only clinically validated mobile solution for heart disease

Jasper

https://www.jasper.ai/

Let Jasper write your marketing copy. Artificial intelligence makes it fast & easy to create content for your blog, social media, website, and more!

Altana

https://altana.ai/

Altana Technologies transforms the world’s public and non-public data into an intelligent, shared map of the global supply chain.

Asapp

https://asapp.com/

ASAPP AI Native products, driven by advances in fundamental AI research, make organizations highly productive and effective by augmenting human activity and automating the world’s workflows.

Andela

https://andela.com/

Andela is a global talent network that connects companies with engineering talent in emerging markets.

Base

https://www.basepowercompany.com Base provides affordable energy with automatic backup power—no solar required and switching costs covered.

Blend

https://blend.com/

Blend is a digital lending platform that supports and simplifies applications for mortgages, consumer loans, and deposit accounts. The company helps lenders streamline the customer journey for any banking product from application to close. Its Digital Lending Platform is utilized by Wells Fargo, U.S. Bank, and over 285 other leading financial institutions to acquire more customers, increase productivity, and deepen customer relationships

BharatPe

https://bharatpe.com/

BharatPe is an offline acquirer of merchants, providing a QR code for UPI payments, POS machine for card acceptance, and loans to small merchants.

Caribou

https://caribou.com/

Caribou provides fast, easy auto refinancing for its users.

Cider

https://shop.shopcider.com/

Cider is a direct-to-consumer (DTC) e-commerce platform focusing on overseas markets. Its innovative approach to building community, reducing inventory waste, and shipping anywhere has made it a new favorite for a generation of digitally native consumers.

Crowdstrike

https://crowdstrike.com/

CrowdStrike Holdings, Inc. (Nasdaq: CRWD), a global cybersecurity leader, has redefined modern security with one of the world’s most advanced cloud-native platforms for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity, and data.

Commure

https://commure.com/ Commure is the first operating system designed for healthcare. By unifying disparate datasets, surfacing meaningful insights, accelerating performance through a suite of intuitive applications, and enabling seamless innovation across the industry, we empower every person in the health ecosystem to deliver exceptional care.

Decagon

https://decagon.ai/ The conversational AI platform to build, optimize, and scale AI agents.

Deel

https://deel.com

Deel is a developer of a payroll platform used to re-imagine payouts for businesses working with remote contractors.

DuckDuckGo

https://duckduckgo.com/

DuckDuckGo is a privacy focused search engine and email provider.

ElevenLabs

https://elevenlabs.io/

ElevenLabs is building a cutting-edge AI speech synthesis platform that generates highly realistic and context-aware voices

Epic Games

http://www.epicgames.com/

Epic Games is an interactive entertainment company that develops games and offers its game engine technology to other developers.

Figment

https://figment.io/

Figment is Canada’s largest blockchain infrastructure and software provider. Their mission is to make it simple for token holders and developers to use, build and govern. blockchains.

Figure

https://figure.com/

Figure provides consumer financial solutions intended for home improvement, debt consolidation, and retirement planning.

FiscalNote

https://fiscalnote.com/

FiscalNote is the premier information services company focused on global policy and market intelligence. By combining AI technology, expert analysis, and legislative, regulatory, and geopolitical data, FiscalNote is reinventing the way that organizations minimize risk and capitalize on opportunity.

Forter

https://forter.com/

Forter is an NYC-based company that delivers real-time, completely automated, fraud prevention solutions for online merchants.

Fundbox

http://www.fundbox.com/

Fundbox is an AI-powered financial platform for small businesses that offer fast and intuitive access to business credit.

Genies

https://genies.com/

Genies is a mobile app company that allows users to clone themselves. Through their Avatar Agency, consumer product, and SDK, Genies has set the foundation for swift, widespread adaptation of avatars in society, business, and culture.

Habi

https://habi.co/ Habi is a technology-driven real estate company that helps middle-class customers buy and sell their homes more quickly and efficiently, without the uncertainty of traditional real estate transactions.

Justo

https://justo.mx/ Jüsto is an online delivery-only grocery store chain that offers a wide range of fruits, vegetables, meat products, beauty products, and house supplies that can be delivered at every consumers' doorstep.

Manscaped

https://manscaped.com

Manscaped’s product line was created specifically for a man’s distinctive grooming needs.

Masterclass

https://www.masterclass.com/

MasterClass is an online education platform where courses are taught by world class experts and celebrities.

Mark43

https://mark43.com/

Mark43 creates the next generation of law enforcement software that allows police to effortlessly collect, manage, analyze, and share information. It is on a mission to empower communities and their governments with new technologies that improve the safety and quality of life for all. Its intuitive software delivers cloud-first technology and data-driven insights to public safety.

Misfits Market

https://misfitsmarket.com/

Misfits Market is a provider of subscription box service used to reduce the waste of food.

Mercury

https://mercury.com/

Mercury offers FDIC-insured accounts, virtual & physical debit cards, currency exchange, domestic, and international wires.

M1 Finance

https://m1.com/

As the Finance Super App™, we empower financial well-being with all the tools to invest, borrow, and spend: low-cost borrowing, high interest checking, and high cash back Visa® debit and credit card rewards.

Modern Treasury

https://moderntreasury.com/

Modern Treasury enables its clients to marry bank statements with the company’s business logic to provide an enriched history of the company’s financial transactions.

Nothing

Website Nothing develops consumer electronics, including smartphones and earbuds, with a focus on connectivity and design.

PrizePicks

https://www.prizepicks.com/

PrizePicks allows sports fans to play against the numbers rather than each other, and it is the simplest variety of daily fantasy sports with the widest breadth of sports coverage of any DFS operator.

Pattern

https://pattern.com/

Pattern is a provider of an accelerator platform for brands to scale faster on major online marketplaces.

Qualia

https://www.qualia.com/

Qualia is the category-creating digital closing platform used by over half a million real estate and mortgage professionals. Qualia's cloud-based closing rooms provide the complete infrastructure to streamline the home closing and refinance experience for real estate and mortgage businesses and their clients.

Ramp

https://ramp.com/

Ramp is building the next generation of finance tools – from corporate cards and expense management, to bill payments and accounting integrations – designed to save businesses time and money with every click.

Rappi

http://www.rappi.com/

Rappi is a consumer tech company that specializes in providing online delivery services in Latam.

https://www.redditinc.com/

Reddit is an online platform that enables users to submit links, create content, and have discussions about the topics of their interest.

Retool

https://retool.com/

Retool is a provider of a tool development platform intended to help build custom business tools without having any programming language knowledge.

Robinhood

https://robinhood.com/

Robinhood is a stock brokerage that allows customers to buy and sell stocks, options, ETFs, and cryptocurrencies with zero commission.

Ro

https://ro.co

Ro is a telehealth startup that operates digital health clinics for men’s and women’s health, along with smoking cessation.

Savage Fenty

https://savagex.com/

Savage X Fenty is an accessories company that offers underwear and other fashion clothes for women Founded by Rihanna.

SparkCognition

http://sparkcognition.com/ SparkCognition is an artificial intelligence technology startup that builds AI technology solutions for industrial applications. A highly awarded company recognized for cutting-edge technology, SparkCognition develops AI-Powered cyber-physical software for the safety, security, and reliability of IT, OT, and the IoT.

Sondermind

https://www.sondermind.com/

Summary: SonderMind provides accessible, personalized mental health care that produces high-quality outcomes for individuals.

Snapdocs

http://www.snapdocs.com/

Snapdocs is a mortgage technology company that helps real estate participants closing work together through integration and automation.

Solugen

https://solugen.com/

Solugen is an environmentally-friendly producer of specialty chemicals.

StockX

https://stockx.com/

StockX operates a live bid/ask marketplace for buying and selling limited edition and high demand sneakers. Its marketplace enables users to anonymously buy and sell limited edition consumer products with stock market-like visibility.

Uniphore

http://www.uniphore.com/

Uniphore is a global conversational AI technology company that offers a customer service platform that is powered by AI and automation technologies. Uniphore enables businesses globally to deliver transformational customer service by providing a platform ofConversational Analytics, Conversational Assistant, and Conversational Security that changes the way enterprises engage their consumers, build loyalty and realize efficiencies.

Verkada

https://www.verkada.com/

Verkada builds modern security solutions that help enterprises run safer, smarter buildings. Our mission: Modernize the world of enterprise building security. Verkada’s enterprise security solution combines easy to install security cameras, environmental sensors, alarms and access control with intelligent, cloud-based software—all in a scalable,user-friendly system.

OneFootball

https://onefootball.com/

OneFootball’s goal is to fuel the world’s football obsession. Reaching more than 70 million football fans worldwide every month, across its platform and social media channels, OneFootball is the most popular football media platform for the new generation of football fans. It is the only app with a fully personalized home stream for non- stop news of your favorite club and the only company to offer single live football matches in-app on a pay-per-view basis.

TravelPerk

https://travelperk.com/

TravelPerk is a next-generation business travel booking and management platform for companies of any size. It is an all-in-one platform for booking business travel.

Underdog Fantasy

https://underdogfantasy.com/

Underdog Fantasy is an emerging daily fantasy sports company founded by the team that built Draft, which was acquired by Paddy Power Betfair and merged into FanDuel.

Xendit

http://www.xendit.co/

Xendit is a Southeast Asian fintech company that provides payment infrastructure across Indonesia and the Philippines. Xendit processes payments, runs marketplaces, disburses payroll and loans, detects fraud, and helps other businesses grow exponentially.

Xai

https://x.ai//

XAI develops artificial intelligence tools focused on scientific discovery and business information retrieval. The company offers Grok AI Assistant, which helps sales teams access relevant data and generate business content. Its platform supports various types of business inquiries to assist sales development representatives. XAI’s services are used to enhance workflows by providing access to targeted information.