Zuri receives first tech investment from Launch Africa Ventures for Pan-African expansion

Zuri, a Pan-African beauty startup, has received its initial institutional tech investment from Launch Africa Ventures. The investment follows a period of notable growth for Zuri, driven by the company’s vision and leadership.

Zuri, a Black-owned enterprise, focuses on the design, manufacture, and distribution of hair products, cosmetics, and services for both individual consumers and businesses through a franchise model. They’ve recently broadened their services to include performance and inventory management systems for hair salons.

Currently operating in the Democratic Republic of Congo, Uganda, and Rwanda, Zuri aims to extend its reach to France and Belgium. Founded by CEO Gisela Van Houcke in 2016, Zuri’s journey started when she began selling products from her car. Through strategic planning and devotion, Van Houcke has evolved Zuri into a robust technology-driven company with a significant presence across Africa.

With over 20,000 devoted customers, 60 passionate employees, and more than 500,000 engaged social media followers, Zuri is slated to revolutionize the beauty industry by promoting diversity and empowering women. The company’s goal is to make beauty experiences more accessible to women everywhere.

Launch Africa Ventures views this investment as an opportunity to contribute to the burgeoning African beauty tech industry. They plan to bolster Zuri’s geographical and product expansion, enhance their tech strategy, and aid in the identification of new partnerships.

Zuri’s CEO, Gisela Van Houcke, stated that the company’s goal is to redefine beauty standards and provide a space for women to embrace their unique beauty. The capital from Launch Africa Ventures will enable Zuri to extend its reach across Africa and Europe, solidify its market leadership and continue its mission to empower women globally.