E4E Africa fund backs South African startup

South African AI and data annotation startup Enlabeler has received an undisclosed amount of investment funding from new VC fund, Entrepreneurs for Entrepreneurs (E4E) Africa.

Founded by a blend of entrepreneurs and aligned institutional investors, all the E4E Africa partners have significant experience in the South African startup ecosystem.

Established in 2019, Enlabeler aims to merge the need for accurate video, text, image, and audio labelling with the urgent need for job creation and employment opportunities. Since launching, the startup’s live image annotation, audio transcription, and local language services have attracted a number of local clients.

E4E selected Enlabeler for its focus on creating job opportunities for marginalised South Africans.

Philani Sangweni, managing partner at E4E Africa, said: “Enlabeler is a perfect example of the kind of company we want to invest in. It combines the latest in innovation and technology with the ability to scale globally, while empowering ordinary South Africans.”

Esther Hoogstad, CEO and co-founder at Enlabeler, commented, “As important as this initial funding is, what really attracted us to E4E was their expertise as seasoned entrepreneurs and the relationships to which they could introduce us. We rate the team highly as entrepreneurs and are proud to be associated with them.”

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