South African web and mobile development agency We Are Monsters will enter a partnership with Silvertree Internet Holdings, a pan-African tech investment firm which recently boasted investments totalling R20-million made within the first seven months of 2015.
Based in Cape Town, Silvertree incubates and invests into ventures, and focuses on execution of simple, proven business models.
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We Are Monsters will secure growth capital and join Silvertree’s portfolio that includes notable ecommerce sites Faithful to Nature, Click n Compare and WineCo.
In a press release, the firm noted that its portfolio has enjoyed month-on-month revenue growth of over 10%, and as much as 40% monthly for some ventures.
Read more: Organic online shop Faithful to Nature bags R10m from Silvertree Capital
We Are Monsters’ founders, Stephan Steynfaardt and Pieter van Reenen, have a combined twenty years of fast-paced development experience in the IT security and digital marketing environment.
“We will be working with many of the most exciting companies in South Africa — and the rest of the continent — on ground-breaking and innovative projects,” says van Reenen.
“This partnership with Silvertree gives us a chance to really showcase our ability. To create not just great websites and apps, but also top-class digital marketing.”
Read more: SA comparison site Click n Compare sets up shop in Nigeria, Kenya
Silvertree Director Paul Cook adds, “We’re incredibly excited to be working with the We Are Monsters team as our preferred developers, as they have top-of-the-range technical expertise, deep interest in building businesses, and an incredible, young culture.”
