ARED is a Hard Tech as Service (HAaS) company that has developed a solar kiosk platform to bring last mile distribution of prepaid services and digital connectivity to people belonging to low income groups.
Investment Rationale
ARED uses a scalable micro-franchise model that is an income game changer employing women, disabled individuals and refugees at its solar-powered kiosks. Using the coLABS funding, it is making its first international expansion into Uganda to market test its newest kiosk model, the Shiriki Hub.
Gray Matters Capital was excited to see the team’s sincere commitment to impact while deploying a needed tech innovation.
Member count: 11-50
Investors 1
| Date | Name | Website |
| - | Gray Matte... | graymatter... |
Mentions in press and media 13
| Date | Title | Description | Category | Author | Source |
| 13.02.2020 | Data: Afri... | Share this: Click to share on... | - | - | appsafrica... |
| 09.01.2020 | Meet ARED,... | Share this article: Rwandan e... | - | - | techpoint.... |
| 25.07.2019 | Gray Matte... | US impact investor Gray Matter... | - | - | venturebur... |
| 22.11.2018 | Gray Matte... | US-based impact investor Gray ... | - | - | venturebur... |
| 20.09.2018 | ARED selec... | Zurich (Switzerland), Septembe... | - | - | greentec-c... |
| 13.07.2018 | Here’s how... | Think you startup has the pote... | - | - | venturebur... |
| 11.07.2018 | US impact ... | US impact investor Gray Matter... | - | - | venturebur... |
| 03.09.2017 | FINALISTS ... | The MIT Innovation Challenge w... | - | - | techgistaf... |
| 23.02.2017 | A Rwandan-... | wp_booster error: td_api_base:... | - | - | techfinanc... |
| 23.02.2017 | A Rwandan-... | wp_booster error: td_api_base:... | - | - | techfinanc... |
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