29 March 2024 – Venture Capital (VC) firm HAVAÍC has taken the lead in a follow-on investment round worth R12 million (USD 634 K) for RNR (Right Now Response). This investment comes after HAVAÍC’s initial contribution of R9.2 million as RNR’s first institutional investor in February last year. As a crucial member of the Board, HAVAÍC collaborates closely with RNR’s co-founders Wayne and Michelle Witherspoon on strategic, commercial, and financial matters.
RNR, a South African company, offers on-demand breakdown support to truck fleet managers and OEMs through its extensive nationwide network of vetted mechanics, electricians, and repair centers. Its app and web portal provide 24/7 breakdown visibility, including live location tracing and tracking, to expedite the process of getting drivers back on the road.
HAVAÍC is renowned for its specialization in early-stage, high-growth African technology businesses with proven concepts and global potential. The firm offers lucrative and impactful investment opportunities to discerning private and institutional investors.
Stay tuned for further updates on the growth and impact of this strategic investment by HAVAÍC in Right Now Response.