First Circle

General contacts

Investor type

Founded

2021

AUM

Location

Casablanca, Casablanca-Settat, Morocco

Investment Ticket

$0-1 m

Investment Stage

Pre-seed

Region of investment

Africa North America

Investor profile last updated: 16 August, 2026

Profile

First Circle Capital is a venture capital firm founded in 2021, with offices in Casablanca, Morocco; Kampala, Uganda, and Cape Town, South Africa. The firm was co-founded by Selma Ribica and Agnes Aistleitner Kisuule, both experienced in the fintech sector. The team consists of seasoned operators, investors, and advisors, focusing on supporting fintech startups across Africa. They pride themselves on being a fund built by founders for founders, offering hands-on operational guidance and access to a global network.

First Circle Capital invests primarily in early-stage fintech startups, with a focus on sectors such as fintech, insurtech, SaaS, health, and logistics. They typically invest in pre-seed stages with check sizes ranging from $100K to $250K. The firm is dedicated to transforming financial services across Africa, helping startups refine their business models and expand their market reach.

Notable investments by First Circle Capital include Power - financial software, TurnStay - financial software, Opareta - business productivity software, Scale - business productivity software, and E-Doc Online - financial software. These investments highlight their commitment to fostering innovation and growth in the African fintech landscape.

Industry

InsurTech Logistics HealthTech SaaS Fintech

Contacts

Name

Title

Social Networks

Selma Ribica Co-Founder & Managing Partner

Co-Founder & Managing Partner

s•••@•••

Agnes Aistleitner Kisuule Co-Founder & Managing Partner

Co-Founder & Managing Partner

a•••@•••

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Investment-team contacts for First Circle — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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FAQs about First Circle

Is First Circle a venture capital or private equity firm?

First Circle is a venture capital firm. It backs companies at Pre-seed, writing tickets of $0-1 m.

Where is First Circle located?

First Circle is located in Casablanca, Casablanca-Settat, Morocco.

When was First Circle founded?

First Circle was founded in 2021.

What sectors and industries does First Circle invest in?

First Circle invests in companies and startups in InsurTech, Logistics, HealthTech, SaaS, Fintech.

What is First Circle geographical focus of investments?

First Circle invests in companies and startups in Africa, North America.

At what stages of companies and startups does First Circle typically invest in?

First Circle invests in companies and startups at Pre-seed.

What is the usual amount of First Circle investment?

First Circle usually invests $0-1 m on average.

What are the contacts of First Circle?

First Circle can be reached through its website firstcircle.capital, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for First Circle — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

Can I access First Circle data via API or MCP?

Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query First Circle directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.

When was the First Circle profile last updated?

Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.